SOLD! This exceptional 3-Unit property was offered for sale for the first time in more than four decades, presenting a rare opportunity in the City of Alhambra. The property featured an excellent unit mix consisting of one 2-bedroom, 1-bathroom single-family residence (SFR)-style unit and two additional 2-bedroom, 1-bathroom single-level units, totaling approximately 3,400 rentable square feet. Situated on a large 9,154 sq ft lot with three sides of frontage, the asset offered excellent accessibility and long-term upside potential. Two of the three units were delivered vacant, creating immediate owner-user appeal and renovation flexibility for investors. All units included upgraded electrical systems and dedicated garage parking. Subject only to California’s statewide AB1482 rent ordinance with no local rent control, the property attracted strong buyer interest due to its rare combination of scarcity, spacious unit sizes, immediate vacancy, and value-add potential.

Transaction Highlights

• Off-Market for 40+ Years — True scarcity play with substantial value-add potential
• Versatile 3-Unit Mix — 2+1 SFR + two 2+1 flats delivering 3,400 total rentable sq ft
• Two Units Delivered Vacant — Move-in ready for owner-user or fast-track renovations
• Massive 9,154 sq ft Lot with 3-street frontage — Superior access and development upside
• Modernized Electrical + Private Garages for all units — Major appeal for tenants and owners
• AB 1482 Only (No Local Rent Control)