Alhambra, CA 91803,1501 S 4th ST
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Alhambra, CA 91803,1501 S 4th ST
Alhambra, CA 91803,1501 S 4th ST
Alhambra, CA 91803,1501 S 4th ST
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Nicole Darwin

Nicole Darwin

+1(707) 330-4357
$ 2,895,000
Est. payment /mo
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1501 S 4th ST Alhambra, CA 91803

8,873 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26001274

HOA Y/N No

Year Built 1962

Lot Size 8,873 Sqft

Property Sub-Type Apartment

Property Description

Investors: this is a solid San Gabriel Valley opportunity worth a close look. Located at 1501 S 4th Street in Alhambra 91803, this 8-unit apartment property features a total of 11 bedrooms, 9 bathrooms, 2 garage spots + 7 covered carports. This offering is a well-balanced unit mix that appeals to a broad renter base. In addition there is three 3 washer/dryer set up (with space to add more). The property offers market-rate in-place income with additional upside, appealing to investors seeking a balanced mix of cash flow and long-term appreciation. The building has been freshly painted on the exterior, roof has been new within the last three years, electrical and plumbing was update and balcony are certified. Cap rate just over 5% — already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential.

Situated in the heart of the San Gabriel Valley, the property benefits from excellent freeway access, with quick connections to the I-10 Freeway for easy commutes west to Downtown Los Angeles and West LA, or east toward Hacienda Heights and surrounding SGV employment centers. This central location makes the property highly attractive to tenants seeking convenience, accessibility, and affordability relative to neighboring submarkets.

Residents enjoy proximity to Alhambra's vibrant dining scene, shopping, schools, and everyday services, while still being within reach of major job hubs throughout Los Angeles County. The area's consistent tenant demand and strong fundamentals support stable occupancy and long-term value appreciation.

Solid in-place income. Clear upside. Proven rental location. Opportunities like this in the core of the San Gabriel Valley don't come up often—a well-positioned multifamily asset for investors seeking stability with growth potential.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Outside

Exterior

Garage Spaces 2.0

Carport Spaces 7

Garage Description 2.0

Pool None

Community Features Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5357006022

Energy Description 1395.5

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard, Trust

CRMLS – RECore
Listed by ANDREW LUONG RICHTOWN REALTY 626-466-7111
Nicole Darwin

Nicole Darwin

Advisor

+1(707) 330-4357

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1501 S 4th ST