2721 S Fremont Alhambra, CA $ 1,288,000
2721 S Fremont
$ 1,288,000
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2721 S Fremont

Alhambra, CA, 91803
$ 1,288,000
Baths1.0 Sq 2,230

Monthly Estimate*

$ 8,133

Listed by Art Del Rey Realty, Inc.
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Studio

Multi-Family Home for sale in Alhambra, CA

for $1,288,000 with 1 full bath. This 2,230 square foot home was built in 1950 on a lot size of 0.1683.

**2721–2723 S. Fremont Ave., Alhambra** An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units, this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment. The property features four on-site carport parking spaces—one assigned to each unit—as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit. Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system. Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby. This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.

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Multi-Family Active

Price

$ 1,288,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1683

Year Built

1950

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

AR26141592

Days on Market

4

Features
General
Sewer Public Sewer
Heating Gravity
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Composition
Appliances Gas Oven Water Heater
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Window Bars
Construction Materials Stucco
Year Built 1950
Tenant Pays None
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 57960
Community Features Curbs Street Lights
Accessibility None
County Los Angeles
Net Operating Income 44219
Operating Expense 13741
Insurance Expense 3817
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions S/10 freeway N/Monterey Pass Road
City Alhambra
Entry Location front
Senior Community Y/N false
Number Of Units Total 4
MLS Area 601 - Alhambra
Lot Size Units Square Feet
Lot Size Square Feet 7331
Carport Spaces 4
Carport Y/N true
Number of Units Leased 1
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 204
Fuel Expense 0
Trash Expense 1920
Water Sewer Expense 2967
Ok to Lease 12 Months
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 28
Total Actual Rent 4830
Property Sub Type Additional Quadruplex
Taxes 16100
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Interior
Interior Amenities Ceiling Fan(s) All Bedrooms Down
Flooring Carpet Vinyl
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features Carport
Lot Features 0-1 Unit/Acre Sprinklers In Front
Water Source Public
Total Parking 4
Lot Size Area 7331
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 2230
Lot Size Acres 0.1683
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Art Del Rey Realty, Inc.

Broker

Pameladelrey@yahoo.com

Email

Affordability Calculator

$8,133
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Monthly Principal & Interest
$8,133
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$1,288,000 Listed Price

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2721 S Fremont, Alhambra, CA, 91803 is a Multi-Family Home for sale at $1,288,000 with 2,230 sqft and a lot size of 0.1683. 2721 S Fremont is a studio with 1.0 baths and was built in 1950. The property's zip code is 91803 which is in Alhambra, CA