LOOK AT THIS LOT! OUTSTANDING POTENTIAL!!!! Large lot of 6,615! With BUS CONNECTIVITY & ACCESS TO NEARBY METRO/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.
268 days
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144
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6
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Zillow last checked:
Listing updated:
Listed by:
Stacy DoverDRE #01768476626-429-7361,
Mystic Canyon Real Estate
Source: CRMLS,MLS#: CV25241240Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 9
Cooling
Wall/Window Unit(s)
Appliances
Laundry: Common Area, See Remarks
Features
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 4,422
Total interior livable area: 4,422 sqft
Property
Parking
Total spaces: 9
Parking features: Assigned
Carport spaces: 7
Uncovered spaces: 2
Features
Levels: Two
Stories: 2
Entry location: 1,2
Pool features: None
Has view: Yes
View description: Neighborhood
Lot
Size: 6,615 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 5355004011
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Roof: Composition
Condition
New construction: No
Year built: 1979
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Sidewalks
Location
Region: Alhambra
Financial & listing details
Price per square foot: $407/sqft
Date on market: 10/25/2025
Cumulative days on market: 269 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Contract
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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