1515 W Commonwealth Avenue, Alhambra, CA 91803 - Berkshire Hathaway HomeServices California Properties

1515 W Commonwealth Avenue, Alhambra, CA 91803

$2,750,000 Approx. USD 0 beds, 0 baths

Reduced by $125,000 on 5/2/2025

Listing Agent


DONALD LA | donaldla@kw.com
Lic#: 01928418
Broker: Courtesy of KW Executive

Agent Remarks

A rare opportunity in Alhambra, CA! This 8-unit apartment property, on the market for the first time since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with four units to be delivered vacant, presenting immediate market rent potential. This low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# WS25000910
List price is $2,750,000 Reduced by $125,000 on 5/2/2025
Price: $2,750,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1951
2 stories
0.16 acres
Lot size: 0.1646
County: Los Angeles
Zoning: ALRPD*
Lot description: SixToTenUnitsAcre
MLS area: 601 - Alhambra

Last Updated: 5/6/2025

 Days On Market (DOM): 121

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This listing belongs to the 601 - Alhambra MLS area

Lat/Long: 34.087716, -118.140280.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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