Three-Unit Multifamily
1521 S 6th Street, Alhambra, CA 91803
For Sale
$1,348,000
The property contains three residential units in a multifamily configuration.
Property Size2,768 SF
Price / SF$486.99
Days on Market39
Property Features for 1521 S 6th Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
BLUE DIAMOND MORTGAGE & REALTY
Listed By:
THANH NGUYEN · License #01101355
(626) 780-0805
Source:
35oakspropertygroup
Added: Oct 2
Changed: Nov 7
Last Checked: Nov 8 at 7:18PM
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 BLUE DIAMOND MORTGAGE & REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,768-square-foot multifamily property is configured as a triplex, with one front unit and two rear units. The building dates to 1922.
Bus service, schools, restaurants and a freeway are identified in the surrounding area.
Bus service, schools, restaurants and a freeway are identified in the surrounding area.
Key Highlights
- Three residential units in a triplex configuration
- 2,768 square feet of building area
- Built in 1922
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,339
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,780
$966.8K
Cap Rate 7%
$690,557
$690.6K
Cap Rate 9%
$537,100
$537.1K
Market Conditions
NOI Build-Up for 2,768 SF
Gross rent
$74.7K $27.00/SF
− Vacancy
−$5.7K −$2.05/SF
EGI
$69.1K $24.95/SF
− OpEx
−$20.7K −$7.48/SF
NOI
$48.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,780
Cap Rate 7%
$690,557
Cap Rate 9%
$537,100
Alternative Uses
Best Use
Multifamily LT 5
$690.6K
$604.2K – $805.7K
NOI $48,339 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$636.3K
$556.7K – $742.3K
NOI $44,539 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,738 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,504
Businesses Nearby
Explore this area
Business Placement
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
$831,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Los Angeles County, CA
Properties on Market for Triplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - The property contains three residential units in a multifamily configuration.
Where is this triplex located?
The property is located at 1521 S 6th Street Alhambra, CA.
What is the asking price?
The asking price for this property is $1,348,000.
What are key features of this property?
This property features: Three residential units in a triplex configuration; 2,768 square feet of building area; Built in 1922
