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1342 Edgewood

Alhambra, CA 91803
  • $1,799,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: CV25241240
UPDATED: 55 min ago
$1,799,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Listing Agent(s): Stacy Dover of KALEO REAL ESTATE COMPANY (626-609-2130)


Description

Prime 5-Unit Investment Opportunity in the Heart of Alhambra. An exceptional opportunity for the savvy investor " this 5-unit income property is ideally located north of the 10 freeway in one of Alhambras most desirable and stable rental markets.Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Positioned in a fabulous neighborhood and seton a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 5 bathrooms across five units. Each unit enjoys on-site parking space, a valuable amenity for tenants in this area.The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience.With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169247032
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1342 Edgewood Alhambra, CA 91803

  • Price: $1,799,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 55 min ago
  • ID#: CV25241240
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1979
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
Property Description
Prime 5-Unit Investment Opportunity in the Heart of Alhambra. An exceptional opportunity for the savvy investor " this 5-unit income property is ideally located north of the 10 freeway in one of Alhambras most desirable and stable rental markets.Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Positioned in a fabulous neighborhood and seton a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 5 bathrooms across five units. Each unit enjoys on-site parking space, a valuable amenity for tenants in this area.The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience.With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.
Exterior Features

Carport Spaces 7 Carport YN Yes Entry Level 1 Entry Location 12 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 2 Parking Features Assigned Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View Neighborhood View YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Sidewalks Contingency Tenant occupied - Must call agent to arrange showings. Please DO NOT DISTURB TENANTS when driving by or walking the property. Garage YN No Gross Income 0 Gross Scheduled Income 78000 Insurance Expense 2937 Land Lease YN No Laundry Features Common AreaSee Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanContract Net Operating Income 60080 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 0 Number Of Units Leased 5 Operating Expense 17920 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 78000 Trash Expense 7983 Water Sewer Expense 7000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Stacy Dover of KALEO REAL ESTATE COMPANY (626-609-2130)