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$1,799,000
CV25241240 MLS Active Status
Prime 5-Unit Investment Opportunity | Alhambra, CA **Exceptional Income Property with Long-Term Upside** Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential. Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors. The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including: Four 2-bedroom, 2-bath units One 1-bedroom, 1-bath unit All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent. Additional highlights include: Owner-operated on-site laundry room providing supplemental income Strong, established rental market Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles Excellent commuter location with nearby public transportation Pro forma rental projections reflecting market rates at the time of listing Potential for additional development or expansion (buyer to verify with the City of Alhambra) Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential. Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.

1342 Edgewood, Alhambra

$646,000
1 Beds 2 Baths WS25131418 MLS Active Status
BUILDER'S BIG PRICE REDUCTION! Monterey Bay Square is an exclusive, brand new mixed-use community offering 62 luxurious residences in the vibrant heart of Alhambra. Designed with modern elegance and meticulous attention to detail, each home features soaring ceilings, expansive windows that flood the space with natural light, and open floor plans perfect for both relaxing and entertaining. The interiors are enhanced by quartz countertops, high-end finishes, and private balconies that offer breathtaking views of both the surrounding mountains and city skyline. Residents of Monterey Bay Square enjoy unparalleled amenities, including a state-of-the-art fitness center, an elegant resident lounge for social gatherings, and a beautifully landscaped terrace designed for outdoor relaxation. Located just minutes from Alhambra Square’s premier dining, shopping, and cultural experiences, Monterey Bay Square offers the ideal blend of sophistication, comfort, and convenience. Schedule your private tour today and experience Monterey Bay Square in person!

168 S Monterey Street Unit 202, Alhambra

$675,000
1 Beds 2 Baths WS25108450 MLS Active Status
BUILDER'S BIG PRICE REDUCTION! Monterey Bay Square is an exclusive, brand new mixed-use community offering 62 luxurious residences in the vibrant heart of Alhambra. Designed with modern elegance and meticulous attention to detail, each home features soaring ceilings, expansive windows that flood the space with natural light, and open floor plans perfect for both relaxing and entertaining. The interiors are enhanced by quartz countertops, high-end finishes, and private balconies that offer breathtaking views of both the surrounding mountains and city skyline. Residents of Monterey Bay Square enjoy unparalleled amenities, including a state-of-the-art fitness center, an elegant resident lounge for social gatherings, and a beautifully landscaped terrace designed for outdoor relaxation. Located just minutes from Alhambra Square’s premier dining, shopping, and cultural experiences, Monterey Bay Square offers the ideal blend of sophistication, comfort, and convenience. Schedule your private tour today and experience Monterey Bay Square in person!

168 S Monterey Street Unit 411, Alhambra

$658,000
1 Beds 2 Baths WS25108402 MLS Active Status
BUILDER'S BIG PRICE REDUCTION! Monterey Bay Square is an exclusive, brand new mixed-use community offering 62 luxurious residences in the vibrant heart of Alhambra. Designed with modern elegance and meticulous attention to detail, each home features soaring ceilings, expansive windows that flood the space with natural light, and open floor plans perfect for both relaxing and entertaining. The interiors are enhanced by quartz countertops, high-end finishes, and private balconies that offer breathtaking views of both the surrounding mountains and city skyline. Residents of Monterey Bay Square enjoy unparalleled amenities, including a state-of-the-art fitness center, an elegant resident lounge for social gatherings, and a beautifully landscaped terrace designed for outdoor relaxation. Located just minutes from Alhambra Square’s premier dining, shopping, and cultural experiences, Monterey Bay Square offers the ideal blend of sophistication, comfort, and convenience. Schedule your private tour today and experience Monterey Bay Square in person!

168 S Monterey Street Unit 313, Alhambra

$646,000
1 Beds 2 Baths WS25107905 MLS Active Status
BUILDER'S BIG PRICE REDUCTION! Monterey Bay Square is an exclusive, brand new mixed-use community offering 62 luxurious residences in the vibrant heart of Alhambra. Designed with modern elegance and meticulous attention to detail, each home features soaring ceilings, expansive windows that flood the space with natural light, and open floor plans perfect for both relaxing and entertaining. The interiors are enhanced by quartz countertops, high-end finishes, and private balconies that offer breathtaking views of both the surrounding mountains and city skyline. Residents of Monterey Bay Square enjoy unparalleled amenities, including a state-of-the-art fitness center, an elegant resident lounge for social gatherings, and a beautifully landscaped terrace designed for outdoor relaxation. Located just minutes from Alhambra Square’s premier dining, shopping, and cultural experiences, Monterey Bay Square offers the ideal blend of sophistication, comfort, and convenience. Schedule your private tour today and experience Monterey Bay Square in person!

168 S Monterey Street Unit 211, Alhambra

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.