2608 W Alhambra Road
Alhambra, CA, 91801 $ 2,500,000
Bedrooms-- Baths2.0 Sq 4,493 Monthly Estimate*
$ 17,267
Listed by Eric Chen, CB RICHARD ELLIS, eric.chen@cbre.com
for $2,500,000 with 2 full baths. This 4,493 square foot home was built in 1987 on a lot size of 0.1814.
We are pleased to exclusively present a well-positioned multifamily investment opportunity at 2608 West Alhambra Road in Alhambra, California, offering stable in-place income in the highly sought-after San Gabriel Valley. The five-unit, single-building asset sits in a quiet, gated community minutes from Downtown Alhambra and is within easy reach of the 10, 710 and 60 Freeways, Cal State LA, the USC Health Sciences Campus and Pasadena. Built in 1987, the three-story building features two levels of residences over ground-level garages and sits on a ±7,900 square-foot lot with ±4,493 square feet of rentable area, averaging 899 square feet per unit across four 2-bedroom/2- bathroom units and one 3-bedroom/2-bathroom unit. Each residence features wood-like flooring, vertical blinds, central air conditioning, and an updated kitchen with abundant cabinet space, a refrigerator, a gas range and a range hood. The 2-bedroom floor plans offer en-suite bathrooms, large sliding closets are found throughout, and every home includes washer and dryer hookups. Common area features include controlled access, lush mature landscaping, a private balcony at the front entrance, and ground-level two-car garages supported by ample street parking. Condominium-style layouts appeal to long-term residents. 2608 West Alhambra Road is a stable income-producing asset in the San Gabriel Valley, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
HOA Fee 0
Garage Spaces 10
Pool Features None
Year Built 1987
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 139544
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 92961
Operating Expense 42397
Insurance Expense 3250
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 3470
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Merge onto I-10 W Take exit 22 toward Fremont Ave Turn right onto W Hellman Ave Turn left onto S Primrose Ave Turn left onto Valley Blvd Turn right onto S Fremont Ave Turn left onto Alhambra Rd
City Alhambra
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 5
MLS Area 601 - Alhambra
Lot Size Units Square Feet
Lot Size Square Feet 7900
Carport Spaces 0
Number of Units Leased 5
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 225
Fuel Expense 201
Trash Expense 600
Water Sewer Expense 1208
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Total Actual Rent 137760
Property Sub Type Additional Apartment
Taxes 31444
Cap Rate 3.72
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InteriorTotal Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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ExteriorLot Features 2-5 Units/Acre
Water Source Public
Total Parking 10
Lot Size Area 7900
Number of Buildings 1
Spa false
Building Area Total 4493
Lot Size Acres 0.1814
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $17,267
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $2,330,946
Percent of Sale Price 7%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2026 | $2,500,000 | | Listed Price |