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Sold for $2,250,000
  • Listed by: eXp Realty of California Inc • JENNY WU • Contact: 626-859-8888
    Bought with: IDEAL REALTY
    $2,250,000

    400 401grand N, Alhambra, CA 91801

    10beds
    8baths
    5,829sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $2,246,700 Zestimate®
    $386/sqft
    $3,203 Estimated rent

    Home value

    $2,246,700

    $2.04M - $2.47M

    $3,203/mo

    Zestimate® history
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    $3,203/mo

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    $14,186/mo

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    What's special

    Presenting a rare opportunity to acquire a Spanish garden-style 8-unit multifamily property located in one of Alhambra’s most desirable rental submarkets. This charming two-story building features excellent curb appeal and strong rental upside potential. Property Highlights: Unit Mix: (2) Two-bedroom, one-bath units; (6) One-bedroom, one-bath units, 8 gated carport spaces (one per unit) Select units offer private balconies or patios. Ideal for long-term rental income stability and appreciation. Strategically positioned north of Main Street and south of Huntington Drive, the property is close to Downtown Alhambra’s shops, dining, and entertainment. The area continues to see strong tenant demand due to its central location and easy access to major freeways and public transit. With consistent income, value-add potential, and a sought-after location, this asset represents a solid addition to any investor’s portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    JENNY WU DRE #01265839 626-840-7958,

    eXp Realty of California Inc,

    SAMUEL SHIH- WU DRE #00943726 323-859-8888,

    IDEAL REALTY

    Bought with:

    JENNY WU, DRE #01265839

    IDEAL REALTY

    Source: CRMLS,MLS#: WS25114083MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Appliances
    • Laundry: Inside
    Features
    • Balcony
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,829
    • Total interior livable area: 5,829 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    • Carport spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.3 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 5338027011
    • Zoning: ALRPD*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Alhambra

    Financial & listing details

    • Price per square foot: $386/sqft
    • Date on market: 5/21/2025
    • Cumulative days on market: 75 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 11760
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/15/2025Sold$2,250,000-10%$386/sqft
    Source: CRMLS #WS25114083 Report a problem
    5/13/2025Listed for sale$2,500,000$429/sqft
    Source: CRMLS #WS25105895 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91801

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,246,700
    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
    $2,246,700