2121 El Paseo Alhambra, CA ^$ 3,280,000

2121 El Paseo

^$ 3,280,000

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2121 El Paseo

Alhambra, CA, 91803

^$ 3,280,000

Studio Baths2.0 Sq 7,389

Monthly Estimate*

^$ 20,196

Listed by Boulder Realty Inc

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Studio

Multi-Family Home for sale in Alhambra, CA

for $3,280,000 with 2 full baths. This 7,389 square foot home was built in 1989 on a lot size of 0.2792.

Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.

Multi-Family Active

Price

^$ 3,280,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2792

Year Built

1989

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

AR25183409

Days on Market

174

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air Wall/Window Unit(s)

Possession Close Of Escrow

Zoning ALRPD*

HOA Fee 0

Garage Spaces 8

Pool Features None

Year Built 1989

Levels Three Or More

Property Subtype Apartment

Gross Income 1500

Community Features Sidewalks

County Los Angeles

Net Operating Income 129718

Operating Expense 69062

Insurance Expense 11000

New Construction 0

Property Type Residential Income

HOA 0

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions W Hellman Ave and El Paseo 10 Fwy exit Fremont Ave

City Alhambra

Entry Location 2

Senior Community Y/N 0

Number Of Units Total 8

MLS Area 601 - Alhambra

Lot Size Units Square Feet

Lot Size Square Feet 12162

Listing Terms Cash Conventional

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 780

Fuel Expense 0

Trash Expense 3000

Water Sewer Expense 8100

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 115

Property Sub Type Additional Apartment

Taxes 41000

Interior

Fireplace Features Family Room Living Room

Total Stories 3

Common Walls 2+ Common Walls

Air Conditioning Y/N 1

Heating Y/N 1

Fireplace Y/N 1

Laundry Features Electric Dryer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Lot Features 6-10 Units/Acre Sprinkler System

Water Source Public

Total Parking 8

Lot Size Area 12162

Number of Buildings 1

Building Area Total 7389

Lot Size Acres 0.2792

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

* Excluded Features

List By

Boulder Realty Inc

Broker

qing@boulderfg.com

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$20,196

Per Month

Monthly Principal & Interest: $20,196
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Alhambra, CA

Average List Price ^$2,353,626

Percent of Sale Price 28%

About Alhambra, CA

85,595 Population

1% Since 2002

^$56,913 Median Income

40.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$3,280,000		Listed Price

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2121 El Paseo, Alhambra, CA, 91803 is a Multi-Family Home for sale at $3,280,000 with 7,389 sqft and a lot size of 0.2792. 2121 El Paseo is a studio with 2.0 baths and was built in 1989. The property's zip code is 91803 which is in Alhambra, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2121 El Paseo

Multi-Family Home for sale in Alhambra, CA

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