Discover an exceptional investment opportunity in North Alhambra, CA, with this 18-unit apartment complex plus an approved, ready-to-build 1-unit ADU, just two blocks from vibrant Downtown Alhambra. Featuring spacious units with large balconies, 38 subterranean parking spaces, central air, updated plumbing, and an elevator, this secured building offers modern comfort and significant upside potential. Perfectly situated within walking distance to City Hall, shopping, restaurants, and parks, this property combines prime location with convenience, making it an ideal choice for savvy investors or developers looking to capitalize on Alhambra’s thriving market.
For sale
Listing Provided by:
Matt Cuong Ly DRE #01441481 matt.ly@cbcnrt.com,
Coldwell Banker Realty
$6,000,000
120 W Grand Ave, Alhambra, CA 91801
38beds
34baths
23,237sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$5,733,700 Zestimate®
$258/sqft
$-- HOA
What's special
Large balconiesUpdated plumbingSubterranean parking spacesCentral air
- 44 days
- on Zillow |
- 266 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 03:06am
Listing Provided by:
Matt Cuong Ly DRE #01441481 matt.ly@cbcnrt.com,
Coldwell Banker Realty
Source: CRMLS,MLS#: AR25081428
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
- Bathrooms: 34
Bedroom 1
- Area: 750
Bedroom 2
- Area: 1000
Bedroom 3
- Area: 1100
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Balcony
- Doors: Atrium Doors
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 23,237
- Total interior livable area: 23,237 sqft
Property
Parking
- Total spaces: 38
- Parking features: Assigned
- Carport spaces: 38
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.4 Acres
- Features: 16-20 Units/Acre
Details
- Parcel number: 5337012020
- Zoning: ALRPD*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
HOA
- Has HOA: No
Location
- Region: Alhambra
Financial & listing details
- Price per square foot: $258/sqft
- Date on market: 4/15/2025
- Total actual rent: 33801
- Tenant pays: Electricity
- Income includes: Laundry
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