Property listed by RICHTOWN REALTY, ANDREW LUONG 626-466-7111
$2,895,000
Investors: this is a solid San Gabriel Valley opportunity worth a close look. Located at 1501 S 4th Street in Alhambra 91803, this 8-unit apartment property features a total of 11 bedrooms, 9 bathrooms, 2 garage spots + 7 covered carports. This offering is a well-balanced unit mix that… Read More appeals to a broad renter base. In addition there is three 3 washer/dryer set up (with space to add more). The property offers market-rate in-place income with additional upside, appealing to investors seeking a balanced mix of cash flow and long-term appreciation. The building has been freshly painted on the exterior, roof has been new within the last three years, electrical and plumbing was update and balcony are certified. Cap rate just over 5% — already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential.
Situated in the heart of the San Gabriel Valley, the property benefits from excellent freeway access, with quick connections to the I-10 Freeway for easy commutes west to Downtown Los Angeles and West LA, or east toward Hacienda Heights and surrounding SGV employment centers. This central location makes the property highly attractive to tenants seeking convenience, accessibility, and affordability relative to neighboring submarkets.
Residents enjoy proximity to Alhambra’s vibrant dining scene, shopping, schools, and everyday services, while still being within reach of major job hubs throughout Los Angeles County. The area’s consistent tenant demand and strong fundamentals support stable occupancy and long-term value appreciation.
Solid in-place income. Clear upside. Proven rental location. Opportunities like this in the core of the San Gabriel Valley don’t come up often—a well-positioned multifamily asset for investors seeking stability with growth potential. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.2 Acres
Year Built
1962
MLS Number
WS26001274
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1962, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Street
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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