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1010 S Atlantic Boulevard, Alhambra, CA 91803

$5,780,000 Approx. USD 40 beds, 20 baths
19,612 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Alexander Metaxas | ametaxas@riacre.com
Lic#: 01784652
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 6264874300

Co Listing Agent

Bo Hyeok Kim | bokim@compass.com
Lic#: 01968218
Broker: Courtesy of Compass
Phone: 213-588-3629

Agent Remarks

RIA and Compass are pleased to offer for sale a well-located 20-unit courtyard-style apartment community in the City of Alhambra, just north of Valley Blvd. The property features spacious units with a desirable mix of 5 - 3Bed+1.5bath, 4 - 2Bed+1.5bath, 8 - 2Bed+1bath, 2 - 1Bed+1bath units and studio appealing to long-term tenants and supporting strong, stable occupancy. The classic courtyard design creates a welcoming, community-oriented feel with a fountain water feature and strong curb appeal. Solid in place rents offer an investor nearly a 5% cap on a well-maintained property. A major highlight of the property is the 37 on-site parking spaces and an enclosed 2-car garage that can used for storage or parking. Seismic retrofitting of the tuck under soft-story parking has been completed. The ample parking, combined with the efficient layout and strong unit mix, positions this asset as a compelling long-term hold or value-add investment. On-site laundry room and the community courtyard vibe add to the appeal for the residents.There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. This is a rare opportunity to acquire a well-sized, professionally appealing multifamily asset in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26649001

List price is $5,780,000 Reduced by $220,000 on 10/12/2026

Price: $5,780,000

Beds: 40

Baths: 20

Built in 1968

19,612 sqft

0.61 acres

Lot size: 0.6135

County: Los Angeles

Zoning: ALRPD*

Parking description: Covered,Driveway,Side By Side

MLS area: 601 - Alhambra

Last Updated: 10/12/2026

Days On Market (DOM): 270

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This listing belongs to the 601 - Alhambra MLS area

Lat/Long: 34.081053, -118.134129.
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