120 W Grand Ave - Apartments FOR SALE


Alhambra, CA 91801
$6,000,000 USD
626-821-1216
120 W Grand Ave, Alhambra, CA for Sale
$6,000,000 USD
Apartments - FOR SALE
1/27
null | 4.78% Cap Rate

120 W Grand Ave
Alhambra, CA 91801


HIGHLIGHTS

  • Two Blocks to Downtown
  • 38 Subterranean Parking
  • ADU Approved Plans
  • Updated Plumbing
  • Large Units with Huge Balcony
  • High End Potential Rental

OVERVIEW

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 DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

18

PRICE/UNIT

$333,333

CAP RATE

4.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,602 SF

ZONING

ALRPD*

APN/PARCEL ID

5337-012-020

ASK ABOUT THIS PROPERTY

Matt LyColdwell Banker Commercial RealtyMore Info
626-821-1216

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Matt LyColdwell Banker Commercial RealtyMore Info
626-821-1216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.