Multifamily Property with
New
For Sale
$3,500,000
1815 S 4th, Alhambra, CA 91803
The 1986 property has central air, wall or window units, and a washer and dryer.
Property Size8,686 SF
Days on Market2
Property Features for 1815 S 4th
General Information
Standard status
Active
Size
8,686 SF
Total Parking Spaces
18
Property subtype
Residential Income
Amenities
Central Air, Wall/Window Unit(s)
Central
Dryer, Washer
Building Details
Building Size
8,686 SF
Year Built
1986
Buildings
4
Stories
2
Abandoned
No
Listed By:
Richard Lee
(626) 309-5070
Source:
Evrealestate
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:50AM
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 Richard Lee
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 multifamily property was built in 1986 and includes central air conditioning as well as wall or window units. A washer and dryer are also present.
The property is located at 1815 S 4th in Alhambra, Los Angeles County. Valley Blvd is identified as a cross street.
The property is located at 1815 S 4th in Alhambra, Los Angeles County. Valley Blvd is identified as a cross street.
Key Highlights
- Built in 1986
- Central air and wall/window units
- Washer and dryer on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,765
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,795,300
$2.8M
Cap Rate 7%
$1,996,643
$2.0M
Cap Rate 9%
$1,552,944
$1.6M
Market Conditions
NOI Build-Up for 8,686 SF
Gross rent
$276.2K $31.80/SF
− Vacancy
−$22.1K −$2.54/SF
EGI
$254.1K $29.26/SF
− OpEx
−$114.4K −$13.17/SF
NOI
$139.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,795,300
Cap Rate 7%
$1,996,643
Cap Rate 9%
$1,552,944
Alternative Uses
Best Use
Apartment 5plus
$2.00M
$1.75M – $2.33M
NOI $139,765 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.65M
$4.07M – $5.43M
NOI $325,532 @ 7.0% cap · market cap 9.30%
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
Location Intelligence
Trade Area within ½ mile
1,948
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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - The 1986 property has central air, wall or window units, and a washer and dryer.
Where is this multifamily property located?
The property is located at 1815 S 4th Alhambra, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Built in 1986; Central air and wall/window units; Washer and dryer on site
