1342 Edgewood, Alhambra, CA 91803
Local realty services provided by:Better Homes and Gardens Real Estate Champions
1342 Edgewood,Alhambra, CA 91803
$1,799,000
- - Beds
- - Baths
- 4,422 sq. ft.
- Multi-family
- Active
Listed by: stacy dover
Office: kaleo real estate company626-609-2130
MLS#:CV25241240
Source:CRMLS
Price summary
- Price:$1,799,000
- Price per sq. ft.:$406.83
About this home
OUTSTANDING POTENTIAL!!!! Large lot of 6,615! With bus connectivity and access to nearby Metro and Metrolink lines, Edgewood sits within the type of transit-connected location increasingly sought after by multifamily and redevelopment investors. This is the property you've been waiiting for! Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor — this 5-unit income property is ideally located north of the 10 freeway in one of Alhambra’s most desirable and stable rental markets. All units are occupied with month to month tenants. Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities.
Positioned in a fabulous neighborhood and set on a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 9 bathrooms across five units. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very valuable amenity for tenants in this area. Potential for additional units must be verified with the city.
The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience.
With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes....
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Home facts
- Year built:1979
- Listing ID #:CV25241240
- Added:200 day(s) ago
- Updated:May 13, 2026 at 06:46 PM
Rooms and interior
- Living area:4,422 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:4,422 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,799,000
- Price per sq. ft.:$406.83
Parking
- Total parking spaces:9
- Parking description:7 Carport Space(s), Assigned
- Carport spaces:7
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