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Sold for $1,460,000
  • Listed by: Mystic Canyon Real Estate • Stacy Dover • Contact: 626-429-7361
    Bought with: Wetrust Realty
    $1,460,000

    1342 Edgewood Dr, Alhambra, CA 91803

    9beds
    9baths
    4,422sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $1,459,900 Zestimate®
    $330/sqft
    $2,131 Estimated rent

    Home value

    $1,459,900

    $1.33M - $1.61M

    $2,131/mo

    Zestimate® history
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    What's special

    Prime 5-Unit Investment Opportunity | Alhambra, CA **Exceptional Income Property with Long-Term Upside** Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential. Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors. The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including: Four 2-bedroom, 2-bath units One 1-bedroom, 1-bath unit All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent. Additional highlights include: Leased on-site laundry room providing some supplemental income Strong, established rental market Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles Excellent commuter location with nearby public transportation Pro forma rental projections reflecting market rates at the time of listing Potential for additional development or expansion (buyer to verify with the City of Alhambra) Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential. Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stacy Dover DRE #01768476 626-429-7361,

    Mystic Canyon Real Estate

    Bought with:

    Yuqing Wang, DRE #02020777

    Wetrust Realty

    Source: CRMLS,MLS#: CV25241240MLS LogoOriginating 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: $330/sqft
    • Date on market: 10/25/2025
    • Cumulative days on market: 319 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Contract
    • Total actual rent: 79200

    Price history

    DateEventPrice
    10/27/2026Sold$1,460,000-18.8%$330/sqft
    Source: CRMLS #CV25241240 Report a problem
    10/17/2026Pending sale$1,799,000$407/sqft
    Source: CRMLS #CV25241240 Report a problem
    9/19/2026Contingent$1,799,000$407/sqft
    Source: CRMLS #CV25241240 Report a problem
    9/17/2026Listed for sale$1,799,000$407/sqft
    Source: CRMLS #CV25241240 Report a problem
    9/11/2026Contingent$1,799,000$407/sqft
    Source: CRMLS #CV25241240 Report a problem
    10/25/2025Listed for sale$1,799,000$407/sqft
    Source: CRMLS #CV25241240 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91803

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,459,900

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,459,900