109 -111 N Marguerita Avenue, Alhambra, CA 91801
- $1,638,000
- Sold Price
- $1,638,000
- List Price
- $1,688,000
- Closing Date
- Dec 04, 2025
- Status
- CLOSED
- MLS#
- PF25192757
- Year Built
- 1959
- Lot Size
- 5,998
- Acres
- 0.14
- Lot Location
- Paved, Rectangular Lot
- Days on Market
- 78
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
A rare opportunity to acquire a 6-unit multifamily property located in the heart of Alhambra. Situated just north of Main Street, this well-positioned asset offers stability and long-term growth potential in one of San Gabriel Valley’s most desirable rental markets. The property consists of two buildings with a total of six well-maintained 1 bed/1 bath units, one of which is newly renovated. Gross Scheduled Rent totals $137,520. Each unit enjoys its own one-car garage and one additional driveway space. The building does not have gas, and each unit is separately metered for electric. There is a laundry unit in the rear building and a courtyard space between the two buildings. Lastly, the rear 3 units and their corresponding garages have alley access. With its central location, residents enjoy easy access to Downtown Alhambra’s vibrant dining, retail, and entertainment options, as well as close proximity to schools, parks, and major freeways (I-10, 710, and 210), ensuring convenient commutes throughout the Greater Los Angeles area. This property presents an exceptional opportunity for investors seeking steady income, long-term appreciation, and a foothold in a strong rental market.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $137,520
- Operating Expense
- 36225
Listing courtesy of Listing Agent: Shant Dimijian (shant@bhhsgolden.com) from Listing Office: Berkshire Hathaway Home Services Golden Properties.
Listing sold by Moment Lu from Re/Max Premier Prop Arcadia
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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.