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Listed by EXP REALTY, Donald La, Listing Contact: 626-824-8853 
3 Beds
2 Baths

$2,500,000

1515 W Commonwealth Avenue, Alhambra CA, 91803

Property typeMulti-family

Overview

Active

Listed Feb 11, 2026

Updated 2 weeks ago

A rare opportunity󠃍󠂏󠃢󠂁󠂤󠃢󠂁󠂣󠃢󠂁󠂢󠃢󠂁󠂡󠃢󠂁󠂢 in Alhambra, CA! This 8-unit apartment property, owned by the family 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 3 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.

$16,633/mo

Est. mortgage payment based on a $2,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26030880

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.16 Acres

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Data last updated 3:20 AM UTC, 9/25/2026

   

 

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