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$6,000,000
169 Days On Site

1010 S Atlantic Boulevard
Alhambra, CA 91803

For Sale|Residential Income|Active Under Contract
40
Beds
20
Total Baths
19,612
SqFt
$306
/SqFt
1968
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
1010 S Atlantic Boulevard1010 S Atlantic Boulevard1010 S Atlantic Boulevard1010 S Atlantic Boulevard
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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.

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Listing Snapshot
Price 
$6,000,000
Days On Site 
169 Days
Bedrooms 
40
Inside Area (SqFt) 
19,612 sqft
Total Baths 
20
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6135 Acres
Year Built 
1968
MLS® Number 
26649001
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active Under Contract
6 months agoListing first seen on site
General Features
Acres 
0.6135
Levels 
Three Or More
Parking 
CoveredDrivewaySide By Side
Special Circumstances 
Standard
SqFt Total 
19612
Zoning 
ALRPD*
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Community Features
MLS Area 
601 - Alhambra
Listing courtesy of Alexander Metaxas of Realty Investment Advisors, Inc.

Based on information from the The MLS as of 2026-07-27 03:25 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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