Alhambra (601) Homes with Multi Family Subtype

Alhambra (601) Homes with Multi Family Subtype

Welcome to Alhambra, California—a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural diversity and charming neighborhoods, Alhambra offers a unique blend of urban convenience and suburban tranquility. With its strategic location just a stone's throw away from downtown Los Angeles, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, making it a sought-after destination for families and professionals alike.

One of the standout features of Alhambra is its thriving real estate market, particularly when it comes to multi-family homes. This region boasts a variety of multi-family properties, perfect for investors looking to capitalize on the rental market or families seeking spacious living arrangements. These homes provide an excellent opportunity for generating passive income while enjoying the benefits of community living. Many multi-family homes in Alhambra are designed with modern amenities and stylish finishes, catering to the needs of today’s tenants.

The city is also known for its excellent schools, beautiful parks, and a strong sense of community, making it an ideal place for families to settle down. With a diverse array of cultural events and festivals throughout the year, Alhambra fosters a welcoming atmosphere that invites residents to engage and connect.

Whether you are looking to invest in a multi-family property or seeking a new home for your family, Alhambra offers a wealth of opportunities in a dynamic and flourishing environment. Come discover what makes Alhambra a hidden gem in Los Angeles County!

Newest Alhambra (601) Homes with Multi Family Subtype

201 N Atlantic Boulevard, Alhambra
$1,800,000
OC26007472 MLS ⋅ Active Status
Huge Price Improvement! Seven-Unit Craftsman - Individual separate Cottage units in a garden style Community on sixteen thousand SF Lot (1/3 of and acre) – in the desirable area of Alhambra that is central to South Pasadena, San Marino and San Gabriel. Rare opportunity to acquire a seven-unit, single-story cottage-style multifamily property located in the historic city of Alhambra. Built in 1928, the property features individual standalone Craftsman-style units, offering timeless charm and strong tenant appeal. The property is fully leased, providing immediate income. For investors focused on preservation and value enhancement, the property may qualify for Mills Act historical tax abatement, potentially resulting in significant property tax savings and expedited permitting through the City of Alhambra (Need to verify). Situated on an expansive fat lot, the property also offers future redevelopment potential, including condominiums and/or higher-density multifamily (need to verify zoning and feasibility). Ideal for investors seeking stable cash flow, long-term appreciation, and multiple exit strategies in a highly desirable Alhambra location.

201 N Atlantic Boulevard, Alhambra
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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