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Stacey Alysson Melman

1515 W Commonwealth AV
Alhambra, CA, 91803
$2,500,000
Beds
0 Baths
0 SqFt
0.16 Acres
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MLS #AR26030880 image #0
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.
AGENT:
LISTING BROKERAGE: EXP REALTY
1515 W Commonwealth AV
Alhambra, CA

Property Details

Price:
$2,500,000
MLS #:
AR26030880
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
601alhambra
Listed Date:
Feb 11, 2026
Total Sq Ft:
6,392
Lot Size:
7,168 sqft / 0.16 acres (approx)
Year Built:
1951
601 – Alhambra601alhambra
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Schools

Interior

Laundry Features
IR
Levels
U

Exterior

Common Walls
_2CW
Community Features
URB
Garage Spaces
7
Parking Spots
8
Parking Total
8

Financial

Net Operating Income
$138,903

Map

Community

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