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Listed by: Donald La (626) 824-8853 DRE #01928418 | EXP REALTY (626) 888-2995
$2,500,000
Monthly Est:$12,443
3 Beds
2 Baths
6,392sqft
1515 W Commonwealth Ave, Alhambra, CA 91803
$2,500,000
$12,443/moEst:
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Apartment
Built in 1951
$-- HOA
7,168 sqft lot
$391/sq.ft
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.
- Houzeo last checked: 13 minutes ago
- Listing updated: September 30, 2026 at 5:02 am
- Source: California Regional MLS-CA | MLS#: AR26030880
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1951
HOA Fees
-
Finished Area
6,392 sqft
Lot Size
7,168 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26030880
MLS Status
Active
Days on Market
240
Cumulative Days on Market
225
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
Laundry Room
Pool Features
None
Other Features
Community Features
Urban
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
02/11/2026 Source: | Price Increased | $2,690,000 +7.60% $421/sqft |
02/11/2026 Source: | Price Decreased | $2,500,000 -9.09% $391/sqft |
05/02/2025 Source: | Price Decreased | $2,750,000 -4.35% $430/sqft |
01/06/2025 Source: | Listed for Sale | $2,875,000 +4.55% $450/sqft |
01/06/2025 Source: | Off Market | $2,750,000 $430/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 10, 2026, 01:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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