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Triplex With Flexible Unit Mix
For Sale
Contact for pricing
Pending

1505 W Commonwealth Ave, Alhambra, CA 91803

Three-unit residential income property near retail, schools, and Main Street Alhambra.

Property SizeContact for details
Days on Market145

Property Features for 1505 W Commonwealth Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Building Details

Year Built 1953
Buildings 1
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Ara Rostamian · License #CA 01814678
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 2 at 6:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

Built in 1953, this triplex at 1505 W Commonwealth Ave in Alhambra includes one two-bedroom, one-bath residence and two one-bedroom, one-bath residences. The configuration provides three separate units within a compact multifamily asset and supports both investment and owner-user considerations.

The property is approximately 3 minutes from Costco, Target, and Main Street Alhambra. Additional nearby retailers and grocers include 99 Ranch Market, Aldi, Sprouts, and Albertsons, located approximately 3 to 5 minutes away. The surrounding area also includes nearby schools and access to major retail hubs, freeways, and the San Gabriel Valley market.

Key Highlights

  • Three‑unit triplex built in 1953
  • Unit mix includes one 2 bed/1 bath and two 1 bed/1 bath residences
  • Approximately 3 minutes from Costco, Target, and Main Street Alhambra

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Catering Service (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 91803, CA

29,374
Population
10,439
Households
2.8
Avg Household Size
42
Median Age
37%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
8,901
Density / Sq Mi
$84,537
Median Household Income
$47,579
Median Earnings
$1,790
Median Rent
$831,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property near retail, schools, and Main Street Alhambra.
Where is this triplex located?
The property is located at 1505 W Commonwealth Ave Alhambra, CA.
What are key features of this property?
This property features: Three‑unit triplex built in 1953; Unit mix includes one 2 bed/1 bath and two 1 bed/1 bath residences; Approximately 3 minutes from Costco, Target, and Main Street Alhambra
(213) 943-1781 Call to check price and availability
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