1010 South Atlantic Boulevard Alhambra, CA $ 6,000,000
1010 South Atlantic Boulevard
$ 6,000,000
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1010 South Atlantic Boulevard

Alhambra, CA, 91803
$ 6,000,000
Baths0.0 Sq 19,612

Monthly Estimate*

$ 36,943

1010 South Atlantic Boulevard, Alhambra, CA 91803 - Image 1
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Studio

Multi-Family Home for sale in Alhambra, CA

for $6,000,000. This 19,612 square foot home was built in 1968 on a lot size of 0.61.

RIA and Compass are pleased to offer for sale a well-located 20-unit courtyard-style apartment community in the City of Alhambra, just north of Valley Blvd. The property features spacious units with a desirable mix of 5 - 3Bed+1.5bath, 4 - 2Bed+1.5bath, 8 - 2Bed+1bath, and 3 - 1Bed+1bath units appealing to long-term tenants and supporting strong, stable occupancy. The classic courtyard design creates a welcoming, community-oriented feel with a fountain water feature and strong curb appeal. Solid in place rents offer an investor nearly a 5% cap on a well-maintained property. A major highlight of the property is the 37 on-site parking spaces and an enclosed 2-car garage that can used for storage or parking. Seismic retrofitting of the tuck under soft-story parking has been completed. The ample parking, combined with the efficient layout and strong unit mix, positions this asset as a compelling long-term hold or value-add investment. On-site laundry room and the community courtyard vibe add to the appeal for the residents.There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. This is a rare opportunity to acquire a well-sized, professionally appealing multifamily asset in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

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Multi-Family Active

Price

$ 6,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.61

Year Built

1968

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

0026649001

Features
General
Living Area 19612.0
Zoning ALRPD*
Year Built 1968
Levels Three or More
County Los Angeles
Net Operating Income 291026.0
New Construction No
Property Type C
HOA No
Status Active
City Alhambra
Senior Community Y/N No
MLS Area 601 - Alhambra
Lot Size Units Square Feet
Lot Size Square Feet 26722.0
Standard Status Active
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Exterior
Parking Features Covered Side by Side Driveway
Lot Size Area 26722.0
Pool Y/N? Yes
Building Area Total 19612.0
Lot Size Acres 0.61
Land Lease Type Fee
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Interior
Total Stories 0
Total Baths 0
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* Excluded Features
List By
Alexander Metaxas

Listing Agent

Realty Investment Advisors, Inc.

Broker

Affordability Calculator

$36,943
Per Month
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0%
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Monthly Principal & Interest
$36,943
Monthly Property Taxes
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/8/2026$6,000,000 Listed Price

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1010 South Atlantic Boulevard, Alhambra, CA, 91803 is a Multi-Family Home for sale at $6,000,000 with 19,612 sqft and a lot size of 0.61. 1010 South Atlantic Boulevard is a studio with 0.0 baths and was built in 1968. The property's zip code is 91803 which is in Alhambra, CA