16-unit multifamily investment opportunity in the heart of Alhambra. 1517-1519 Acacia Street features an attractive unit mix of six townhouse-style 2-bed/1.5-bath units, five 2-bed/1-bath units (including two newly constructed 2026 ADUs), one 2-bed/2-bath unit, and four 1-bed/1-bath units, totaling approximately 13,777 SF of improvements built in 1974. Units are individually metered for gas and electricity. The two brand-new ADUs are achieving full market rent, while in-place rents across the remaining units average roughly 10% below market, providing strong day-one cash flow with meaningful organic rental upside: approximately a 5.4% current cap rate and 12.4 GRM, rising to approximately a 6.3% cap rate and 11.1 GRM at market rents, based on the current rent roll and seller expense assumptions. Alhambra is a supply-constrained San Gabriel Valley submarket minutes from Downtown Los Angeles, Cal State LA, and the I-10 and I-710 freeways, with strong renter demand driven by the Main Street retail and restaurant corridor, award-winning schools, and a vibrant local economy. Priced at approximately $343,438 per unit and $399 per SF.
Property Details
Price:
$5,495,000
MLS #:
PF26174613
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
601alhambra
Listed Date:
Aug 10, 2026
Total Sq Ft:
13,777
Lot Size:
17,298 sqft / 0.40 acres (approx)
Year Built:
1974
See this Listing
Schools
Interior
Heating
FA
Laundry Features
AR
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW, SL, SUB
Financial
Maintenance Fee
$11,095
Map
Community
- Address1517 Acacia ST Alhambra CA
- CityAlhambra
- CountyLos Angeles
- Zip Code91801
Subdivisions in Alhambra
Market Summary
Current real estate data for Single Family in Alhambra as of Aug 14, 2026
159
Single Family Listed
68
Avg DOM
339
Avg $ / SqFt
$927,025
Avg List Price
Property Summary
- 1517 Acacia ST Alhambra CA is a Single Family for sale in Alhambra, CA, 91801. It is listed for $5,495,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1974. The average price per square foot for Single Family listings in Alhambra is $339. The average listing price for Single Family in Alhambra is $927,025.
Similar Listings Nearby
1517 Acacia ST
Alhambra, CA


