Alhambra Real Estate

Owner for 32 years! Prime 14-unit north Alhambra Value-add Opportunity - NO Local Rent Control | Walk to Downtown Alhambra | South Pasadena + San Marino Adjacent | Superb Demographics | Outstanding Unit Mix. 411 N Chapel Ave., a prime 14-unit value-add apartment community in highly sought-after North Alhambra (NO Local Rent Control). Offered for the first time in 32 years, this property sits just steps from the vibrant dining and entertainment of Downtown Alhambra and across from the popular Story Park. Bordering the premium communities of San Marino and South Pasadena, the location offers tenants unparalleled access to major retail centers, excellent schools, and key transit corridors (I-10 and I-110). This garden-style community provides investors with a straightforward value-add opportunity that is easy to manage and ready to be taken to the next level. Surrounded by newer townhouse subdivisions that provide a strong home-ownership atmosphere, the property features a stable base of long-term tenants. With no local rent control restrictions, the asset offers a clear path to stabilization at a very attractive 7.12% Proforma CAP Rate (SELF MANAGE). The property is a two-story garden style apartment that was built in 1963. It has a large building size of ±13,744 SF which translates to large average unit size of ±980 SF/unit. It is on a large ±16,018 SF lot crossing Alhambra Rd. It has an excellent unit mix of one (1) x large 3bed+1.5bath, three (3) x 2bed+1.5bath, six (6) x 2bed+1bath, and four (4) x 1bed+1bath units. Each unit has through the wall A/C, radiant heating, plenty of linen cabinets, ceiling fans, dining area, and so much more. Recent capital improvements including New electrical subpanels in each unit. The property has a total of 21 parking spaces (18 covered + 2 open + 1 tandem). There is no parking soft story retrofit requirement in Alhambra. Each unit is separately metered for electricity (all electric units). There is a shared laundry room (laundry leased) and 2 master gas water heaters. The property has 1 gas meter for the laundry and water heaters. The property is strategically located in the north Alhambra area, considered to be one of the best locations in Alhambra. This area is adjacent to the City of South Pasadena and City of San Marino.

411 N Chapel, Alhambra

Listing courtesy of Listing Agent: Handoko Chen (han.chen@growthinvestmentgroup.com) from Listing Office: Growth Investment Group Pasade.

$999,000

3 Beds ⋅ 2 Baths ⋅ WS26216429 MLS

Incredible opportunity to own a turnkey, extensively upgraded single-family home in a highly desirable Alhambra neighborhood! This charming 3-bedroom, 1.25-bathroom residence perfectly blends classic 1930s character with modern luxury. Step inside to a bright, flowing floor plan highlighted by original refinished wood flooring throughout the house. The heart of the home is a fully remodeled kitchen featuring stainless steel appliances, sleek quartz countertops, crisp white shaker cabinets, elegant herringbone-patterned floor tile, and a custom hexagon mosaic backsplash. The well-appointed main bathroom perfectly marries vintage charm with modern function, offering a highly requested dual-vanity sink, the original bathtub, and a separate glass-enclosed shower. Beyond the stunning cosmetics, the major mechanical updates have already been completed. This home boasts a newer roof and solar panel system (approx. 2 years old), a newer AC condenser, dual-pane windows, and a whole-house fan to maximize energy efficiency. Furthermore, the property features copper re-piping and a full re-wire with an upgraded 200-amp electrical panel for modern reliability. Outside, the generous 6,180 sq. ft. lot provides a fantastic, private backyard space ready for entertaining, plus a dedicated exterior outlet for an EV charger. The location is truly exceptional: the home is zoned for the highly coveted Martha Baldwin Elementary/Middle School (boasting a 9/10 GreatSchools rating) and is just a short walk to the expansive Almansor Park. Enjoy exceptional walkability to the fantastic dining and eateries along Valley Blvd. Move-in ready homes with this level of aesthetic and mechanical upgrades are incredibly rare. Don't miss out!

1048 S 1st Street, Alhambra

Listing courtesy of Listing Agent: Richard Montoya (richard@richardmontoya.com) from Listing Office: eXp Realty of California Inc.

$1,348,000

WS26215329 MLS

Good loation close to every thing Bus, School, Resturance, Freeway, front units 3 bedroom & 1 bath, back 2 units 2 bedroom 1 bath each units, Total 7 bedroom 3 bath but Title show 6 bedroom 3 bath, buyer & buyer agent due diligence , please do not distub tenant

1521 S 6th Street, Alhambra

Listing courtesy of Listing Agent: THANH NGUYEN (victorthanhnguyen1962@gmail.com) from Listing Office: BLUE DIAMOND MORTGAGE & REALTY.

$1,180,000

3 Beds ⋅ 4 Baths ⋅ WS26214995 MLS

Builder Closeout Sale—Now Offered at $1,180,000 After a $220,000 Price Reduction, Plus More! 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 penthouse home spans two spacious stories and features soaring ceilings, floor-to-ceiling windows that flood the space with natural light, quartz countertops, and open floor plans perfect for both relaxing and entertaining. Penthouse units include an en-suite bedroom on the lower level and an en-suite bedroom upstairs, offering comfort and privacy throughout. This unit has two balconies with stunning views of the surrounding mountains and city skyline, while an additional secluded rooftop terrace provides a peaceful outdoor retreat facing the interior of the community. 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 #509, Alhambra

Listing courtesy of Listing Agent: NINA HSU (ninachsu.realtor@gmail.com) from Listing Office: High Ten Partners, Inc..

$1,180,000

3 Beds ⋅ 4 Baths ⋅ WS26214496 MLS

Builder Closeout Sale—Now Offered at $1,180,000 After a $220,000 Price Reduction, Plus More! 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 penthouse home spans two spacious stories and features soaring ceilings, floor-to-ceiling windows that flood the space with natural light, quartz countertops, and open floor plans perfect for both relaxing and entertaining. Penthouse units include an en-suite bedroom on the lower level and an en-suite bedroom upstairs, offering comfort and privacy throughout. This unit has two balconies with stunning views of the surrounding mountains and city skyline, while an additional secluded rooftop terrace provides a peaceful outdoor retreat facing the interior of the community. 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 #508, Alhambra

Listing courtesy of Listing Agent: NINA HSU (ninachsu.realtor@gmail.com) from Listing Office: High Ten Partners, Inc..

$1,180,000

3 Beds ⋅ 4 Baths ⋅ WS26214345 MLS

Builder Closeout Sale—Now Offered at $1,180,000 After a $220,000 Price Reduction, Plus More! 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 penthouse home spans two spacious stories and features soaring ceilings, floor-to-ceiling windows that flood the space with natural light, quartz countertops, and open floor plans perfect for both relaxing and entertaining. Penthouse units include an en-suite bedroom on the lower level and an en-suite bedroom upstairs, offering comfort and privacy throughout. This unit has two balconies with stunning views of the surrounding mountains and city skyline, while an additional secluded rooftop terrace provides a peaceful outdoor retreat facing the interior of the community. 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 #506, Alhambra

Listing courtesy of Listing Agent: NINA HSU (ninachsu.realtor@gmail.com) from Listing Office: High Ten Partners, Inc..

$665,000

1 Beds ⋅ 2 Baths ⋅ WS26214107 MLS

Builder Closeout-Now Offered With a $50,000 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 plan perfect for both relaxing and entertaining. The interiors are enhanced by quartz counter-tops, 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 amenitites, 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 #305, Alhambra

Listing courtesy of Listing Agent: NINA HSU (ninachsu.realtor@gmail.com) from Listing Office: High Ten Partners, Inc..

$835,000

3 Beds ⋅ 1 Baths ⋅ CV26204836 MLS

A lovely Spanish bungalow nestled in the highly sought-after Emery Park neighborhood of Alhambra. This charming home offers 3 bedrooms, 1 bathroom, a welcoming living room, formal dining room, and a bright kitchen complete with a cozy breakfast nook and laundry room. Located adjacent to Los Angeles and neighboring South Pasadena, this home sits within a well-established residential community known for its convenience — close to local schools, shopping, dining, parks, and major transportation routes throughout the San Gabriel Valley and greater Los Angeles area. With a generous yard and endless potential to customize, this property is an exceptional opportunity for buyers looking to create a home that truly reflects their own style. Don’t miss your chance to make 704 Winchester Ave your beautiful new home.

704 Winchester, Alhambra

Listing courtesy of Listing Agent: Dean Pegorari (deanpegorari@gmail.com) from Listing Office: CENTURY 21 CITRUS REALTY INC.

$2,675,000

SB26212492 MLS

Please Ignore Low CAP rate & High GRM and go see this Building!!!! Major upside in rents and NO LA City or LA County RSO in the city of Alhambra! Some rents over 50% below market. Seller owned for 40 years.. Make this exceptional asset the trophy of your portfolio! Located in the thriving city of Alhambra, this pride-of-ownership 8-unit apartment complex offers an attractive combination of current income, future upside, and strong tenant amenities. The well-balanced unit mix includes four spacious 2-bedroom units, three 1-bedroom units, and a deluxe 3-bedroom, 2-bathroom unit. The property presents significant rental upside, with annual rent increases available, and is not subject to City of Los Angeles or County of Los Angeles rent-control ordinances. Residents enjoy an impressive array of amenities, including 11 covered parking spaces plus 5 additional open spaces, large private balconies and/or patios, and convenient on-site common-area laundry facilities. The property sits on an oversized 11,797-square-foot lot featuring lush landscaping and a welcoming residential setting. With potential cash flow at the list price, meaningful rental upside, attractive physical characteristics, and a desirable Alhambra location, this is an opportunity to acquire a well-maintained multifamily asset with both immediate appeal and long-term investment potential. A rare combination of pride of ownership, income potential, and location—this is an asset worth taking a closer look at. IMPORTANT NOTE: Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

326 N Stoneman, Alhambra

Listing courtesy of Listing Agent: David Holstein (david@theholsteingroup.com) from Listing Office: The Holstein Group.

$1,168,000

4 Beds ⋅ 3 Baths ⋅ TR26211481 MLS

Flexible Layout • Single-Story • 3-Car Garage + RV/Truck Parking • Prime Alhambra Location Welcome to 1108 S 2nd Street, a spacious and versatile single-story property offering approximately 2,088 sq. ft. of living space in a convenient Alhambra location. Originally designed as a 3-bedroom, 1.5-bath home, the property was later expanded to include an additional bedroom and bathroom, creating a flexible layout with a front living area and a separate back living area. Currently listed as an SFR, the property offers the potential to function as two separate living spaces, providing flexibility for extended-family living, multigenerational households, or other living arrangements. The home features a formal living room, formal dining room, breakfast nook, one fireplace, and a dedicated laundry area. The kitchen has been upgraded with a commercial-style range and hood. All living areas are conveniently located on one level. Parking is a standout feature, with a 3-car garage plus an additional rear carport area suitable for RVs, large trucks, or additional vehicles. The third garage space is currently converted to a storage area and includes an unpermitted bathroom. The garages and carport are conveniently accessed from the rear alley, offering excellent functionality and easy access. The property also features attractive curb appeal and has been recently painted. Enjoy easy access to the I-10 Freeway, along with a variety of restaurants, retail, shopping, and everyday conveniences. No HOA. A unique opportunity to own a spacious, single-story Alhambra property offering flexible living spaces, abundant parking, alley access, and plenty of potential.

1108 S 2nd Street, Alhambra

Listing courtesy of Listing Agent: Luis Hong (luishongteam@gmail.com) from Listing Office: KW Executive.

$2,680,000

AR26209200 MLS

Prime Alhambra 6-unit investment opportunity! Ideally located just half a block from the vibrant Valley Blvd. and Garfield Ave. Corridor, this well-maintained multifamily property offers an excellent combination of location, condition, and long-term investment potential. Most units have been extensively remodeled, with additional improvements including a roof replaced in 2018 and newer central A/C systems. The property is currently fully occupied with long-term tenants and consistent rental performance. Residents enjoy convenient access to restaurants, shopping, banking, public transportation, and nearby schools. Easy freeway access connects the property to Downtown Los Angeles, USC Health Sciences Campus, Cal State LA, and major employment centers. A rare opportunity to acquire a 6-unit property in a convenient and highly sought-after Alhambra location.

1512 S 3rd Street, Alhambra

Listing courtesy of Listing Agent: Jason Guo (feng6789@gmail.com) from Listing Office: Pinnacle Real Estate Group.

$1,280,000

AR26211812 MLS

Developer’s Opportunity! Location, Location, Location! Rare Land-Value Offering in Prestigious North Alhambra! An exceptional redevelopment opportunity awaits in the highly desirable Bean Tract of North Alhambra, ideally positioned near the borders of San Marino and South Pasadena. Set on a deep lot within one of Alhambra’s most sought-after residential neighborhoods, this R-3-zoned property presents outstanding potential for a thoughtfully designed multifamily development. The seller has prepared a conceptual site plan. It subject to all applicable requirements and City approval. Conceptual plans and additional development information are available in the listing supplements for review. The property is currently improved with a three-bedroom, two-bathroom residence and is offered for land value in its present “AS IS” condition. The property is tenant-occupied. Drive-by only—please do not enter the property or disturb the occupants. The premier location offers convenient access to upscale shopping, dining, schools, parks, and major transportation routes, with excellent connectivity to San Marino, South Pasadena, Pasadena, and Downtown Los Angeles. This distinguished offering represents a rare opportunity for developers, builders, and investors to create a desirable residential community in a prime North Alhambra setting. Buyer and buyer’s representatives are advised to independently verify zoning, allowable density, development standards, conceptual plans, square footage, parking requirements, California Density Bonus eligibility, City requirements, and all other development possibilities with the City of Alhambra and appropriate professionals. No representation or guarantee is made regarding the feasibility, entitlement, or approval of any proposed development.

1123 N Stoneman Avenue, Alhambra

Listing courtesy of Listing Agent: Lei Shen (shen8322@gmail.com) from Listing Office: Re/Max Premier Properties.

Alhambra Real Estate

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