Photos coming soon
$2,690,000
1515 W Commonwealth Avenue, Alhambra, CA 91803 — Alhambra, CA
Alhambra, CA, 91803
3Beds
2Baths
Listed by Donald La, EXP REALTY | 626-824-8853
About This Property
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.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 3
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Original Price
- $2,690,000
Location & Neighborhood
What's nearby 1515 W Commonwealth Avenue, Alhambra, CA 91803
Nearby Schools
- All Souls Catholic School0.2 mi
catholic
- Century High School0.2 mi
secondary
- William Northrup Elementary School0.3 mi
elementary
Transit Access
- Commonwealth & Marengo0.1 mi
Bus Stop
- Commonwealth & Freemont0.1 mi
Bus Stop
- Metro 780.3 mi
Bus Stop
- Commonwealth & Atlantic0.3 mi
Bus Stop
Local Amenities
Banking
- Wells Fargo0.3 mi
- East West Bank0.4 mi
Grocery
- ALDI0.4 mi
Coffee & Cafes
- Sunright Tea Studio0.5 mi
- Formosa Aroma0.5 mi
Dining
- Pho N Mor0.5 mi
- Ono Hawaiian BBQ0.5 mi
POI data updated 2/11/2026
Last updated: Feb 12, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$2,690,000