Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses—1600 S. Atlantic Blvd. and 912 W. Norwood Pl.—this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income. The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants. The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles. With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra.
For sale
Listed by: RE/MAX Premier Properties • RHEA BAI • Contact: 626-589-7958
$1,350,000
1600 S Atlantic Blvd, Alhambra, CA 91803
9beds
10baths
3,345sqft
Triplex
Built in 1922
-- sqft lot
$1,301,800 Zestimate®
$404/sqft
$-- HOA
What's special
- 41 days
- 680
- 43
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
RHEA BAI DRE #01360246 626-589-7958,
RE/MAX Premier Properties
Source: CRMLS,MLS#: WS26169722
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 10
Cooling
- Zoned
Appliances
- Laundry: Inside
Features
- Balcony
- Flooring: Laminate, Tile, Vinyl
- Windows: Blinds, Double Pane Windows, Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,345
- Total interior livable area: 3,345 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage, Carport
- Garage spaces: 4
- Carport spaces: 1
- Covered spaces: 5
Features
- Levels: One,Two
- Stories: 1
- Entry location: Front
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Brick
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 8,398 Square Feet
- Features: Back Yard, Corner Lot, Front Yard, Garden, Lawn, Landscaped, Level, Near Park, Rectangular Lot, Yard
Details
- Additional structures: Two On A Lot
- Parcel number: 5357018014
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Drywall, Concrete
- Foundation: Raised, Slab
- Roof: Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Street Lights, Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Alhambra
Financial & listing details
- Price per square foot: $404/sqft
- Tax assessed value: $1,775,399
- Date on market: 9/4/2026
- Cumulative days on market: 41 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
$1,301,800
$1.24M - $1.37M
$2,601/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $1,350,000$404/sqft |
Source:  CRMLS #WS26169722 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,775,399 +2% |
| 2025 | $21,660 +3.1% | $1,740,588 +2% |
| 2024 | $21,015 +39% | $1,706,460 +43% |
| 2023 | $15,116 +509.7% | $1,193,400 +901.6% |
| 2022 | $2,479 +1.6% | $119,155 +2% |
| 2021 | $2,440 +0.5% | $116,819 +1% |
| 2020 | $2,429 | $115,622 +2% |
| 2019 | $2,429 +7.6% | $113,355 +2% |
| 2018 | $2,258 | $111,133 +2% |
| 2017 | $2,258 +1.1% | $108,955 +2% |
| 2016 | $2,234 +6.9% | $106,820 +1.5% |
| 2015 | $2,090 +1.1% | $105,216 +2% |
| 2014 | $2,067 | $103,156 +2.5% |
| 2012 | -- | $100,679 +2% |
| 2011 | -- | $98,706 +0.8% |
| 2010 | -- | $97,969 -0.2% |
| 2009 | -- | $98,202 +2% |
| 2008 | -- | $96,278 +2% |
| 2007 | -- | $94,391 +2% |
| 2006 | -- | $92,541 +4% |
| 2004 | -- | $88,949 +1.9% |
| 2003 | -- | $87,319 +6.1% |
| 2000 | -- | $82,284 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 91803
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