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 courtesy of Alexander Metaxas of Realty Investment Advisors, Inc.

Based on information from the The MLS as of 2026-10-21 03:49 PM 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.