Skip main navigation
For sale
  • Listing Provided by: 

    DONALD LA DRE #01928418 626-888-2995,

    KW Executive

    Price cut: $125K (5/2)
    $2,750,000

    1515 W Commonwealth Ave, Alhambra, CA 91803

    14beds
    8baths
    6,392sqft
    : 
    Multi Family
    Built in 1951
    -- sqft lot
    $2,512,600 Zestimate®
    $430/sqft
    $-- HOA

    What's special

    Corner location
    A rare opportunity in Alhambra, CA! This 8-unit apartment property, on the market for the first time since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with four units to be delivered vacant, presenting immediate market rent potential. This low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.
    173 days
    on Zillow
    |
    140
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 08, 2025 at 11:45am

    Listing Provided by:

    DONALD LA DRE #01928418 626-888-2995,

    KW Executive

    Source: CRMLS,MLS#: WS25000910MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1515 W Commonwealth Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 8
    Appliances
    • Laundry: Laundry Room
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,392
    • Total interior livable area: 6,392 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 7
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 7,168 Square Feet
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 5343006001
    • Zoning: ALRPD*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Alhambra

    Financial & listing details

    • Price per square foot: $430/sqft
    • Date on market: 1/6/2025
    • Listing terms: Cash,Cash to New Loan
    • Loading
    • Loading