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$5,495,000

For Sale

9 hours ago

1517 Acacia, Alhambra, CA

Condo

MLS® PF26174613

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1974
MLS® Number PF26174613

Property Address: 1517 Acacia, Alhambra, CA, 91801-3142

Average square foot calculated using Size range provided by listing agent.

Description

16-unit multifamily investment opportunity in the heart of Alhambra. 1517-1519 Acacia Street features an attractive unit mix of six townhouse-style 2-bed/1.5-bath units, five 2-bed/1-bath units (including two newly constructed 2026 ADUs), one 2-bed/2-bath unit, and four 1-bed/1-bath units, totaling approximately 13, 777 SF of improvements built in 1974. Units are individually metered for gas and electricity. The two brand-new ADUs are achieving full market rent, while in-place rents across the remaining units average roughly 10% below market, providing strong day-one cash flow with meaningful organic rental upside: approximately a 5.4% current cap rate and 12.4 GRM, rising to approximately a 6.3% cap rate and 11.1 GRM at market rents, based on the current rent roll and seller expense assumptions. Alhambra is a supply-constrained San Gabriel Valley submarket minutes from Downtown Los Angeles, Cal State LA, and the I-10 and I-710 freeways, with strong renter demand driven by the Main Street retail and restaurant corridor, award-winning schools, and a vibrant local economy. Priced at approximately $343, 438 per unit and $399 per SF.
MLS® NumberPF26174613
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1974
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 10, 2026List Date
$5,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
1517 Acacia, Alhambra, CA

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