New ListingWe are pleased to exclusively present a well-positioned multifamily investment opportunity at 2608 West Alhambra Road in Alhambra, California, offering stable in-place income in the highly sought-after San Gabriel Valley. The five-unit, single-building asset sits in a quiet, gated community minutes from Downtown Alhambra and is within easy reach of the 10, 710 and 60 Freeways, Cal State LA, the USC Health Sciences Campus and Pasadena. Built in 1987, the three-story building features two levels of residences over ground-level garages and sits on a ±7,900 square-foot lot with ±4,493 square feet of rentable area, averaging 899 square feet per unit across four 2-bedroom/2- bathroom units and one 3-bedroom/2-bathroom unit. Each residence features wood-like flooring, vertical blinds, central air conditioning, and an updated kitchen with abundant cabinet space, a refrigerator, a gas range and a range hood. The 2-bedroom floor plans offer en-suite bathrooms, large sliding closets are found throughout, and every home includes washer and dryer hookups. Common area features include controlled access, lush mature landscaping, a private balcony at the front entrance, and ground-level two-car garages supported by ample street parking. Condominium-style layouts appeal to long-term residents. 2608 West Alhambra Road is a stable income-producing asset in the San Gabriel Valley, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
| MLS # | CV26225129 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 4 |
| Listing Provided By | CB RICHARD ELLIS | Eric Chen |
| SQ Feet | 4,493 |
|---|---|
| Garage | 10 |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 1 |
| Acreage | 0.18 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Lot Features | Two To Five Units Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91801 |
| Area | 601 Alhambra |
| Listing VS Median (in 91801) | |
Price: $2,500,000 low | high Med: $749,888 sqft: 4,493 low | high Med: 1,119 $ / sqft: $556 low | high Med: $670 On site: 4 low | high Med: 156 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91801 |
| Area | 601 Alhambra |
| Listing VS Median (in 91801) | |
Price: $2,500,000 low | high Med: $749,888 sqft: 4,493 low | high Med: 1,119 $ / sqft: $556 low | high Med: $670 On site: 4 low | high Med: 156 | |