Listing Broker: CB RICHARD ELLIS
Listing Agent: Eric Chen
DRE #01954054: 01489184
626-757-5717
We are pleased to exclusively present a well-positioned multifamily investment opportunity at 2608 West Alhambra Road in Alhambra, California, offering stable in-place income in the highly sought-after San Gabriel Valley. The five-unit, single-building asset sits in a quiet, gated community minutes from Downtown Alhambra and is within easy reach of the 10, 710 and 60 Freeways, Cal State LA, the USC Health Sciences Campus and Pasadena. Built in 1987, the three-story building features two levels of residences over ground-level garages and sits on a ±7,900 square-foot lot with ±4,493 square feet of rentable area, averaging 899 square feet per unit across four 2-bedroom/2- bathroom units and one 3-bedroom/2-bathroom unit. Each residence features wood-like flooring, vertical blinds, central air conditioning, and an updated kitchen with abundant cabinet space, a refrigerator, a gas range and a range hood. The 2-bedroom floor plans offer en-suite bathrooms, large sliding closets are found throughout, and every home includes washer and dryer hookups. Common area features include controlled access, lush mature landscaping, a private balcony at the front entrance, and ground-level two-car garages supported by ample street parking. Condominium-style layouts appeal to long-term residents. 2608 West Alhambra Road is a stable income-producing asset in the San Gabriel Valley, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term ...
+ Read More| Listing Id: | CV26225129 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.1814 |
| Waterfront?: | No |
| Year Built: | 1987 |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Carport Spaces: | 0.0 |
| Common Walls: | TwoCommonWallsOrMore |
| Cooling: | CentralAir |
| Electric Expense: | $225 |
| Entry Level: | 1 |
| Fuel Expense: | 201.0 |
| Garage?: | Yes |
| Gross Scheduled Income: | $139,544 |
| Heating: | Central |
| Levels: | Two |
| Listing Contract Date: | 2026-10-16 |
| Lot Features: | TwoToFiveUnitsAcre |
| Lot Size Area: | 7900.0 |
| Lot Size Source: | Assessor |
| Maintenance Expense: | $3,470 |
| Net Operating Income: | $92,961 |
| New Taxes Expense: | $31,444 |
| Number Of Separate Electric Meters: | 5 |
| Number Of Separate Water Meters: | 1 |
| Number Of Units Leased: | 5 |
| Pest Control Expense: | $400 |
| Property Attached?: | Yes |
| Spa Features: | None |
| State Or Province: | CA |
| Stories: | 2 |
| Total Actual Rent: | $137,760 |
| Trash Expense: | $600 |
| Water Source: | Public |
| Property Sub Type Additional: | Apartment |
| Country Subdivision: | 06037 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:5292001036 |
| List Price: | $2,500,000 |
|---|---|
| Property Sub Type: | Apartment |
| Association Fee: | $0 |
| Lot Size Square Feet: | 7,900.0 |
| City: | Alhambra |
| County Or Parish: | Los Angeles |
| Postal Code: | 91801 |
| Number Of Units Total: | 5 |
| Building Area Total: | 4493.0 |
| Common Interest: | CommunityApartment |
| Community Features: | Curbs, Sidewalks |
| Cooling?: | Yes |
| Directions: | Merge onto I-10 W, Take exit 22 toward Fremont Ave, Turn right onto W Hellman Ave, Turn left onto S Primrose Ave, Turn left onto Valley Blvd, Turn right onto S Fremont Ave, Turn left onto Alhambra Rd |
| Elevation Units: | Feet |
| Entry Location: | 1 |
| Garage Spaces: | 10.0 |
| Gardener Expense: | $600 |
| Gross Income: | $139,544 |
| Heating?: | Yes |
| Insurance Expense: | $3,250 |
| Laundry Features: | WasherHookup, ElectricDryerHookup, GasDryerHookup |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, CashToNewLoan |
| Lot Size Acres: | 0.1814 |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | 601 - Alhambra |
| Number Of Buildings: | 1 |
| Number Of Separate Gas Meters: | 5 |
| Open Parking Spaces: | 0.0 |
| Operating Expense: | $42,397 |
| Original List Price: | $2,500,000 |
| Other Expense: | $1,000 |
| Parcel Number: | 5292001036 |
| Parking Total: | 10 |
| Pool Features: | None |
| Postal City: | ALHAMBRA |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 2 |
| Vacancy Allowance: | 4186 |
| Water Sewer Expense: | $1,208 |
| Year Built Source: | Assessor |
| Current Price: | $2,500,000.00 |
| Record Signature: | -87,651,635 |
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of October 17, 2026. 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.
California Regional Multiple Listing Service, Inc. data last updated on October 17, 2026 02:06 AM - PT
Property Last Updated: October 17, 2026 02:06 AM - PT
