1721 South 9th Street
Alhambra, CA, 91803 $ 1,290,000
Baths0.0 Sq 3,400 Monthly Estimate*
$ 7,943
Studio for $1,290,000. This 3,400 square foot home was built in 1940 on a lot size of 0.21.
2 OF THE 3 UNITS CURRENTLY VACANT! WE ARE PLEASED TO PRESENT FOR THE FIRST TIME ON THE MARKET IN OVER 40 YEARS! This rare generational asset sits on a desirable corner lot and offers a highly sought-after unit mix consisting of one 2-bedroom, 1-bath single-family residence and two additional 2-bedroom, 1-bath units ideal for both investors and owner-users. All units have 2 bedrooms, 1 bathroom and a separate living room that could be considered a BONUS ROOM (buyer to verify). Two units will be delivered vacant, providing immediate flexibility for occupancy or the opportunity to capture strong rental upside. The property features approximately 3,400 rentable square feet across oversized units, enhancing long-term income potential. Significant property improvements include upgraded electrical systems in two of the units, copper plumbing from the main line at the meter to all units, and copper plumbing beneath the house for 1721 S 9th St and 907 W Glendon Way, offering added reliability and reduced maintenance concerns. Each unit benefits from garage parking, its own private driveway, and dedicated outdoor space, including front, side, and/or backyards features that greatly enhance tenant appeal. Situated on an expansive 9,154 square foot lot with three sides of frontage, the layout also provides excellent accessibility, with two units enjoying direct garage access. Strategically located near the intersection of Atlantic and Valley Blvd, the property boasts a Walk Score of 84, making it highly walkable with convenient access to nearby shopping, dining, and everyday amenities. From an investment standpoint, the asset is subject only to California's AB 1482 rent ordinance and is not governed by any local rent control, allowing for greater flexibility in rent adjustments. Altogether, this is a unique opportunity to acquire a well-maintained, high-performing asset with immediate upside and long-term growth potential in a prime location.*Click on the Property Video* Please Note: Seller is interested in CASH OFFERS ONLY. Buyer to cooperate with Seller's 1031 Exchange.
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FeaturesGeneralLiving Area 3400.0
Zoning ALRPD*
Year Built 1940
Levels One
County Los Angeles
Net Operating Income 60031.0
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 9154.0
Standard Status Active
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ExteriorParking Features Uncovered Garage None
Lot Size Area 9154.0
Pool Y/N? Yes
Building Area Total 3400.0
Lot Size Acres 0.21
Land Lease Type Fee
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InteriorTotal Stories 1
Total Baths 0
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* Excluded FeaturesList ByShant SherbetdjianListing Agent
Remax Commercial And Investment RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,943
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Alhambra, CA
Average List Price $2,175,857
Percent of Sale Price 69%
About Alhambra, CA 85,595 Population
1% Since 2002
$ 56,913 Median Income
40.88 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/22/2026 | $1,290,000 | | Listed Price |