The median home value in Alhambra, CA is $888,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Alhambra, CA is $888,000.
Approximately 39% of Alhambra homes are owned,
compared to 56% rented, while
5% are vacant.
Alhambra real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Alhambra real estate agent to arrange a tour today! Learn more about Alhambra.
Well maintained five units apartment located in supper convenient location in City of Alhambra. Close to Alhambra Shopping Plaza, Main Street, City Hall, schools, markets, restaurants, Costco, etc. Easy access to Freeway 10 and Freeway 101. Unit A is four bedrooms, two and half baths and two car garage. Unit B is two bedrooms, two and half baths. Other three units are two bedrooms and two baths. The building is separately metered for electricity and gas. There is no local rent control, only under AB1482. Four units are long term tenants. One unit has just moved out.
Development Opportunity | 2424 W Grand Avenue is an eight plus one non-conforming unit multifamily property comprised of six separate buildings totaling 6,552 on an oversized 20,006 RH lot. Mostly bungalow style, the property is separately metered for gas and electric, and offers seven carport spaces with storage bins. 2424 W Grand Avenue boasts an excellent unit mix of one non-conforming studio/one-bathroom unit, four one-bedroom/one-bathroom units, and four two-bedroom/one-bathroom units. Units offer individual water heaters, dual entrances, washer and dryer hookups, unexposed hardwood floors, wall units for heating and cooling, and a gas stove. The units are distinct as they are mostly bungalow style units, and considered highly desirable to residents who prefer minimal common walls, single story units, and the feel of a private, individual home.
Presenting an exceptional investment opportunity, this meticulously maintained five-unit property, under family ownership for over 30 years, enters the market for the first time. Boasting a stable tenant history and strategically located in North Alhambra, mere blocks away from major retail outlets, restaurants, and public transportation, this property offers both convenience and reliability. With ample parking, carports, and a separate community on-site laundry room, tenants enjoy added comfort and ease. The property's prime location, alongside its potential for consistent rental income and long-term appreciation, makes it an enticing prospect for seasoned investors and newcomers alike. Don't miss the chance to acquire this turnkey investment in a thriving rental market, where urban convenience meets residential tranquility.
This beautiful medical office building known as "Alhambra Medical Plaza" was custom built in 1998 with the state of the art design.... a true pride of ownership property and very well maintained. Current tenancy includes: Plastic & Reconstruction Surgery Center, Dental Office, Skin care Medical and OBGYN offices. Superb location at the busiest intersection area of North Garfield Ave., and Main Street with high traffic count and exposures. Convenient to all medical facilities, such as Alhambra Hospital, Garfield Medical Center, San Gabriel Valley Medical, USC Arcadia, Huntington Hospital. Easy transportation to freeways, Metros, bus lines and more. Fully occupied 4 medical units and one reserved space. There is a lot of upward potential for higher rental income or owner-uses. Central A/C. Ample parking spaces on the large lot of over 17,294 sq.ft. Very rare finds in this busy area of West San Gabriel Valley. Won't last.... please contact agent for financial information and details on the building.
We are pleased to present First Street Apartments, a 16-unit apartment complex in the desirable city of Alhambra, CA. The property is located near Downtown Alhambra and borders the affluent communities of South Pasadena and San Marino. The property features an ideal unit mix consisting of one and two-bedroom units, gated entry, covered parking, owned laundry facility, individual gas and electric meters, and partial copper plumbing. The asset has been meticulously maintained and professionally managed with upgrades including a new Roof (2016), exterior paint on building and railings, new washers and dryers, and upgraded exterior lighting. Recently renovated units have laminate wood flooring, granite countertops, stainless steel appliances, and new A/C and heating. In-place rents generate a current cap rate of 4.1%, 5.4% with market rents offering an investor approx. 20% rental upside. This is a rare and unique opportunity for an investor to acquire a well maintained asset, in a highly sought-after location.
MAJOR PRICE REDUCTION! BRING OFFERS! Location! Location! Location! 112 and 114 N. Huntington. Family-held and first time on the market in almost 50 years! Well maintained eight unit apartment complex within three separate buildings in prestigious northern Alhambra on a 10,574 sq ft lot. All units come with their own one-car garage securely located in the rear of the property with secure driveway for the complex. Eclectic mix of units include two studio units, three one bedroom units in the front building, two two-bedroom units in the rear building; and one three-bedroom unit in the middle building. Located just south of South Pasadena, this clean and meticulously maintained apartment complex really shines with pride of ownership with its manicured grounds and updated units. All information will be supplied to the buyer in writing with all the financials within escrow. Highly desirable location and huge demand for additional housing in this prestigious area. Was recently appraised at $2,576,000.00 in October of 2023. All information is deemed reliable, but not guaranteed by seller or agent. Please do not disturb tenants.
Rare opportunity to own a 2 quadruplex in the heart of Alhambra. It's located in a quiet neighborhood and walking distance to downtown of Alhambra. It offers 2 separated buildings with 2 parcel #s 5337-026-009 & 5337-026-010. Each building has 4 units. Each unit has a 2 bedrooms and 1.5 bathrooms. Two stories with an open floor plan. The layouts for each unit are identical. A huge living room open to the dinning area and kitchen. It's also comes with a power room in the 1st floor for the guest. 2 good size bedrooms with a bathroom on the second floor. Each unit comes with a proximately 928 Sq Ft. The seller had upgraded and remodeled 4 units in the past 3 years. Each unit offers a 2 assigned carport parking spaces. Good location, walking distant to grocery stores, restaurants, shopping centers and theater. It's about 20 min driving to downtown LA.
Atlantic Apartments is an immaculately remodeled 12-unit apartment community located in Alhambra, California. Set amid lush surroundings on a 15,000 square foot lot, the 6,604 square foot property offers one- and two-bedroom apartment homes. Built in 1928 and 1949 respectively, the property offers an excellent community that offers you a wide variety of nearby attractions. * 2019-2020 Renovations Completed * Turn Key Investment Opportunity * Safe Residential Neighborhood * Excellent Tenant Base * Highly Walkable Neighborhood
Excellent opportunity for investors! This Hard Signalized Corner property, situated at the intersection of two prominent streets in North Alhambra, boasts a spacious street frontage. With current tenants (Restaurant and Auto repair) on a month-to-month NN lease generating substantial income, there's potential for both development and investment.
Well maintained 5 unit apartment building situated on a 8298 square foot lot. Situated on a quiet street in a very nice location. Unit 2 was totally remodeled in April. Several units were updated. New roof was done in November. Equipped with security cameras throughout the exterior. Steady and long term tenants. Perfect investment opportunity for investor or developer. One block from Costco, Target Alhambra Hospital, Banks and busline. Plenty of parking and carports. Separate laundry room. Drive by only subject to inspection. You can walk on property but do not disturb tenants.
This Senior caring center features with 9 bedroom 6 bathroom with 14 beds accommodation which is fully occupied so far. The facility has been running over 10 years with great reputation and experienced care givers. Single story building with boasting 2886 sqft living area which sitting on 7K+ lot. Generating enormous annual yield for your investment. Locating in the heart area of Alhambra within walking distance to amenities. The detached garage could be converted to be a living area for working staff. The large living room facing to the front door gives seniors enough space to do indoor activities. Fully equipped kitchen and laundry also available in this property. This is a package selling both for the building and the senior care business.
This investment opportunity is for the fee simple interest in Alhambra Regency Plaza, a 20,620-square-foot retail center in a mixed-use development set on 2.11 acre lot with 4-story condominium units above, nestled in the heart of Downtown Alhambra District. Built in 2004, the property has been held by the same ownership since its original development, which gives a testimony to its trophy location and longevity. Alhambra Regency Plaza is anchored by Lunasia Dim Sum House and Cathay Bank that combine to create an excellent tenant synergy and a dynamic cross-shopping experience. Boasting a 100% occupancy with no deferred maintenance, this rare opportunity is truly an investor's low risk, high-reward dream! **Please contact listing agent for detail (flyer, OM, etc)**
Cindy Chin Realty Intl is proud to exclusively present an exceptional commercial investment opportunity at 225 Palmetto Drive, Alhambra, CA. This multi-family property is a 15-unit residential building that stands as a testament to prime real estate for savvy investors. Comprising a diverse array of meticulously designed units, including 1-bedroom, 2-bedroom, and 3-bedroom layouts, this property offers a comprehensive range of housing options. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, this investment boasts a robust cash flow potential that promises substantial returns. Priced at an attractive $333,333 per unit, this investment represents an unparalleled opportunity to tap into the real estate market. The combination of its prime location, diverse unit offerings, full occupancy, and meticulous renovation makes it a strong contender for those seeking stable, long-term income. Positioned in the heart of Alhambra, this investment promises not only immediate returns but also capital appreciation over time. With a strategic focus on cash flow, 225 Palmetto Drive offers an exceptional prospect for investors who recognize the potential in this remarkable property. Don't miss out on the chance