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6,392 sqft

$2,500,000

1515 W Commonwealth Avenue, Alhambra CA, 91803

Price per sqft$391.11
Built in1951
Property size6,392 sqft
Property typeCondominium

Overview

Active

Listed Feb 11, 2026

Updated 3 weeks ago

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.

$16,633/mo

Est. mortgage payment based on a $2,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26030880

Interior Features

Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Donald La, EXP REALTY, CA DRE 01928418

Listing Contact: 626-824-8853 

Based on information from the CRISNet MLS as of 9/30/2026, 5:05 AM UTC. 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. The 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.

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