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Listed by: Roderick 'Rick' Raymundo (213) 943-1855 DRE #01357019 | Marcus & Millichap (818) 212-2700
$5,300,000
22 Beds
16 Baths
10,911sqft
920 N 1St St, Alhambra, CA 91801
$5,300,000
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Multi Family
Built in 1959
$-- HOA
14,709 sqft lot
$486/sq.ft
Description
Situated just two blocks south of the affluent cities of San Marino and South Pasadena, the property benefits from its location in one of the most attractive rental submarkets of the West San Gabriel Valley. Because the property is not subject to local rent control, an investor can increase rents by a greater amount each year, when compared with multifamily investments in Los Angeles and other local cities. With current rents approximately 21% below those of similar neighboring properties, a new owner may be able to add significant value while improving the building's cash flow substantially. Constructed in 1959, the two-story structure surrounds a well-landscaped, quiet ...
Continue Reading- Houzeo last checked: 40 Minutes ago
- Listing updated: July 29, 2025 at 12:23 pm
- Source: California Regional MLS-CA | MLS#: 25567995
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1959
HOA Fees
-
Finished Area
10,911 sqft
Lot Size
14,709 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25567995
MLS Status
Active
Days on Market
138
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