1515 W Commonwealth Ave

A rare opportunity in Alhambra, CA!

This 8-unit apartment property, owned by the family since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with 3 units to be delivered vacant, presenting immediate market rent potential. This low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.

This home located at 1515 W Commonwealth AVE is currently active and has been available on pardeeproperties.com for 136 days. This property is listed at $2,500,000. It has 3 beds and 2 bathrooms. The property was built in 1951. 1515 W Commonwealth AVE is in the Alhambra community of Los Angeles County.

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