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Alhambra, CA Apartment Buildings for Sale

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Seven-Unit Craftsman Cottage Community
Updated: Jan 11
Seven-Unit Craftsman Cottage Community

201 N Atlantic Boulevard, Alhambra, CA 91801

$2,300,000
Seven‑unit multifamily property with individual, separate cottage‑style units
Built in 1928; craftsman‑style single‑story units within a garden‑style community
Fully leased for immediate income
Located on a 16,000 SF lot (about 1/3 acre)
Property is in Alhambra, central to South Pasadena, San Marino, and San Gabriel
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Multi-Family Apartment Building
Updated: Apr 10
Multi-Family Apartment Building

30 N FIRST STREET, Alhambra, CA 91801

$6,425,000
36‑unit downtown Alhambra property with current occupancy of 94%
Vacancy reduced to 2 units as of April 1, 2026
2025 results: 25.89% vacancy and $238,588 Net Operating Income (cap rate 3.29%)
Pro forma cap rate of 5.01% based on current occupancy
26.5 off‑street covered parking spaces on‑site, including 0.5 designated for motorcycle parking; on‑street parking available for $70/year per space
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Alhambra Multifamily Investment Opportunity
Alhambra Multifamily Investment Opportunity

716 S Chapel Avenue, Alhambra, CA 91801

$2,100,000
5,394 sqft 0.21 AC lot

Six-unit property in prime Alhambra location with high rental demand.

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Campus-Format 40-Unit Multifamily Property
Campus-Format 40-Unit Multifamily Property

221 N Bushnell Ave, Alhambra, CA 91801

$11,300,000
31,880 sqft 1.27 AC lot

Four two-story garden buildings on a contiguous site offer 40 apartment units for residential income.

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Garden-Style Multifamily Campus
Garden-Style Multifamily Campus

1620 Larch Street, Alhambra, CA 91801

$11,300,000
31,880 sqft 1.27 AC lot

For sale 40-unit campus on four two-story garden-style buildings, offering established residential scale in Alhambra.

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Alhambra 5-Unit Investment Opportunity
Alhambra 5-Unit Investment Opportunity

1342 Edgewood Dr, Alhambra, CA 91803

$1,799,000
4,422 sqft 0.15 AC lot

Prime Alhambra 5-unit property near Cal State LA.

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Seven-Unit Craftsman Cottage Community
Seven-Unit Craftsman Cottage Community

201 N Atlantic Boulevard, Alhambra, CA 91801

$2,500,000
0.37 AC lot

Built in 1928 and fully leased, this seven-unit single-story cottage-style community offers self-contained rental units on a garden lot.

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Updated Five-Unit Income Property
Updated Five-Unit Income Property

333 N Chapel Avenue, Alhambra, CA 91801

$2,350,000

Five updated residential units plus a community laundry room and gated parking in an income-focused, turnkey setup.

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Alhambra Multifamily Investment Opportunity
Alhambra Multifamily Investment Opportunity

2205 W Ramona Road, Alhambra, CA 91803

$2,580,000

Multifamily property near Cal State LA with value-add potential.

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36-Unit Apartment Building with Office Flex
36-Unit Apartment Building with Office Flex

30 N FIRST STREET St, Alhambra, CA 91801

$6,425,000

Downtown Alhambra multifamily with covered off-street parking and on-site laundry services.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Alhambra, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

El Sereno Multifamily Investment Opportunity
El Sereno Multifamily Investment Opportunity

5300 Huntington South, Los Angeles, CA 90032

$2,350,000
6,738 sqft

Three-story, ten-unit apartment building in a high-demand rental area.

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San Gabriel Multifamily Investment Opportunity
San Gabriel Multifamily Investment Opportunity

346 San Marcos St, San Gabriel, CA 91776

$4,300,000
0.32 AC lot

Well-maintained 10-unit apartment building in San Gabriel's Mission District.

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6-Unit Apartment Building
6-Unit Apartment Building

862 Carillo, San Gabriel, CA 91776

$1,975,000

Built in 1955, this six-unit apartment property includes multiple one-car garages and five open parking spaces.

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Remodeled Multifamily Complex in Metro-LA
Remodeled Multifamily Complex in Metro-LA

3193 Budau Avenue, Los Angeles, CA 90032

$1,650,000

Fully remodeled 5-unit complex, great returns, ADU potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Off-Market Properties in Alhambra, CA

Consider similar Off-Market properties in Alhambra, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3227 Sherwood Ave
APARTMENT HOUSE (5+ UNITS)

3227 Sherwood Ave, Alhambra, CA 91801-2927

Value Estimation by Request
3,090 sqft 0.24 AC lot
View details
15 Beacon St
APARTMENT HOUSE (5+ UNITS)

15 Beacon St, Alhambra, CA 91801-3812

$1,435,000
Estimated value
5,951 sqft 0.20 AC lot
View details
215 Almansor St
APARTMENT HOUSE (5+ UNITS)

215 Almansor St, Alhambra, CA 91801-6146

$1,300,000
Estimated value
5,966 sqft 0.93 AC lot
View details
2916 Main St
APARTMENT HOUSE (5+ UNITS)

2916 Main St, Alhambra, CA 91801-1671

$1,160,000
Estimated value
9,650 sqft 0.28 AC lot
View details
22 Electric Ave
APARTMENT HOUSE (5+ UNITS)

22 Electric Ave, Alhambra, CA 91801-1919

$1,970,000
Estimated value
3,840 sqft 0.17 AC lot
View details
109 Marguerita Ave
APARTMENT HOUSE (5+ UNITS)

109 Marguerita Ave, Alhambra, CA 91801-2197

Value Estimation by Request
3,183 sqft 0.14 AC lot
View details
215 5th St
APARTMENT HOUSE (5+ UNITS)

215 5th St, Alhambra, CA 91801-3776

$920,000
Estimated value
5,460 sqft 0.17 AC lot
View details
305 Bushnell Ave
APARTMENT HOUSE (5+ UNITS)

305 Bushnell Ave, Alhambra, CA 91801-2054

$735,000
Estimated value
5,647 sqft 0.19 AC lot
View details
422 3rd St
APARTMENT HOUSE (5+ UNITS)

422 3rd St, Alhambra, CA 91801-2396

Value Estimation by Request
5,786 sqft 0.19 AC lot
View details
111 Curtis Ave
APARTMENT HOUSE (5+ UNITS)

111 Curtis Ave, Alhambra, CA 91801-2175

$2,560,000
Estimated value
17,180 sqft 0.34 AC lot
View details
400 Atlantic Blvd
APARTMENT HOUSE (5+ UNITS)

400 Atlantic Blvd, Alhambra, CA 91801-2226

$2,110,000
Estimated value
5,829 sqft 0.30 AC lot
View details
428 Garfield Ave
APARTMENT HOUSE (5+ UNITS)

428 Garfield Ave, Alhambra, CA 91801-2436

$1,380,000
Estimated value
4,226 sqft 0.17 AC lot
View details
101 Alhambra Rd
APARTMENT HOUSE (5+ UNITS)

101 Alhambra Rd, Alhambra, CA 91801-2430

$2,420,000
Estimated value
8,015 sqft 0.22 AC lot
View details
601 Stoneman Ave
APARTMENT HOUSE (5+ UNITS)

601 Stoneman Ave, Alhambra, CA 91801-1471

Value Estimation by Request
13,436 sqft 0.33 AC lot
View details

Alhambra, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Alhambra, CA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 73,576 square feet of properties for sale, with an estimated market value of $26,499,000.

Sale prices for two-family homes in Alhambra, CA start at $1,799,000, averaging $6,624,750, and reaching up to $11,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 82K
Population Growth (5Y) -4.9%
Median Household Income $85,204
College Educated 14.7%

High-Yield Neighborhoods for Investment

Identify Alhambra submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
91803 $2.7M
91801 $4.9M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $10.87 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Los Angeles County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Los Angeles County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Alhambra fall within the 100,000+ square foot range.

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