1342 Edgewood, Alhambra, CA 91803 | For Sale

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For Sale $1,799,000

$1,799,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 6,615 Sq Ft

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,799,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1979
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 5355004011
MLS # CV25241240
Property ID 322298392
Lot Sqft 6,615
Zoning Unknown
Total Units 5
Days on Market 306
Original List Price $1,799,000
Date Updated July 21, 2026
Date Created October 17, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $79,200 $0
Net Income (Yr) $ 60,080
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Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Listing Provided By

Stacy Dover an agent of . Lic #01768476


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of July 21, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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