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.
For sale
Listed by: EXP REALTY • Donald La • Contact: 626-888-2995
$2,500,000
1515 W Commonwealth Ave, Alhambra, CA 91803
14beds
8baths
6,392sqft
Multi Family
Built in 1951
-- sqft lot
$2,351,100 Zestimate®
$391/sqft
$-- HOA
What's special
Prime corner location
- 149 days |
- 110 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Donald La DRE #01928418 626-824-8853,
EXP REALTY
Source: CRMLS,MLS#: AR26030880
Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
Appliances
- Laundry: Laundry Room
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,392
- Total interior livable area: 6,392 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 7
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,168 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5343006001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Alhambra
Financial & listing details
- Price per square foot: $391/sqft
- Date on market: 2/11/2026
- Cumulative days on market: 149 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
$2,351,100
$2.23M - $2.47M
$2,623/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Price change | $2,500,000-7.1%$391/sqft |
Source: | ||
| 2/11/2026 | Listed for sale | $2,690,000$421/sqft |
Source: eXp Realty #AR26030880 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: 91803
Nearby schools
GreatSchools rating
- 8/10William Northrup Elementary SchoolGrades: K-8Distance: 0.3 mi
- 8/10Alhambra High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- Los Angeles County
- Alhambra
- 91803
- 1515 W Commonwealth Ave





