**2721–2723 S. Fremont Ave., Alhambra**
An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units, this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment.
The property features four on-site carport parking spaces—one assigned to each unit—as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit.
Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system.
Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby.
This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.
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Zillow last checked:
Listing updated:
Listed by:
Pamela DelReyDRE #00864033626-841-2387,
Art Del Rey Realty, Inc.
Source: CRMLS,MLS#: AR26141592Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Heating
Gravity
Cooling
Wall/Window Unit(s)
Appliances
Included: Gas Oven, Water Heater
Laundry: None
Features
Ceiling Fan(s), All Bedrooms Down
Flooring: Carpet, Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 2,230
Total interior livable area: 2,230 sqft
Property
Parking
Total spaces: 4
Parking features: Carport
Carport spaces: 4
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Entry location: front
Pool features: None
Spa features: None
Lot
Size: 7,331 Square Feet
Features: 0-1 Unit/Acre, Sprinklers In Front
Details
Parcel number: 5353019006
Special conditions: Trust
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Stucco
Foundation: Slab
Roof: Composition
Condition
New construction: No
Year built: 1950
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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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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