1515 W Commonwealth AVE, Alhambra, CA 91803
1515 W Commonwealth AVE, Alhambra, CA 91803
1515 W Commonwealth AVE, Alhambra, CA 91803
1515 W Commonwealth AVE, Alhambra, CA 91803
1515 W Commonwealth AVE, Alhambra, CA 91803
1515 W Commonwealth AVE, Alhambra, CA 91803
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Donnie Bowen

Donnie Bowen

+1(949) 290-9754
$ 2,500,000
Est. payment | /mo

7,169 Sqft Lot

Save
$ 2,500,000
Est. payment | /mo
Save

7,169 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26030880

HOA Y/N No

Year Built 1951

Lot Size 7,169 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Fireplace No

Laundry Laundry Room

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Urban

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5343006001

Energy Description 784.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Donald La EXP REALTY 626-824-8853, DRE #01928418
NEARBY SCHOOL & BUSINESS
Donnie Bowen

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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1515 W Commonwealth AVE