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About This Home

This 9-bedroom, 9-bathroom multi-family at 1342 Edgewood in Alhambra, CA is listed for $1,799,000 ($407 per sqft). Built in 1979, the home offers 4,422 sqft of living space on a 0.15 acres lot.

Agent Description

LOOK AT THIS LOT!! OUTSTANDING POTENTIAL!!!! Large lot of 6,615! With BUS CONNECTIVITY & ACCESS TO NEARBY METRO/METROLINK lines, Edgewood sits within the type of TRANSIT CONNECTED LOCATION increasingly sought after by multifamily and redevelopment investors. This is the property you've been waiiting for! Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor — this 5-unit income property is ideally located north of the 10 freeway in one of Alhambra’s most desirable and stable rental markets. All units are occupied with month to month tenants. Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities.

Positioned in a fabulous neighborhood and set on a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 9 bathrooms across five units. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very valuable amenity for tenants in this area. Potential for additional units must be verified with the city.

The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience.

With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.

Key Features

  • Built in 1979
  • 0.15 acre lot
  • 2 stories
  • 9 parking spaces

Property Details

2 stories
9 full
9 spaces
1979

Monthly Cost Estimate

$9,621/mo

20% down · 6.5% · 30 years

Principal$1,301
Interest$7,796
Insurance$525

Estimates only. Actual payments may vary.

Location

1342 Edgewood

Alhambra, CA 91803

Features & Amenities

Exterior Features

Community Features Included: Sidewalks0-1 Unit/Acre

Property Details

Parking

Assigned

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 9-bedroom, 9-bathroom multi-family at 1342 Edgewood is listed at $1,799,000 ($407/sqft). The estimated monthly payment is $7,796 based on 20% down at 6.5% interest.

Key features include: Built in 1979, 0.15 acre lot, 2 stories, 9 parking spaces. Exterior Features: Community Features Included: Sidewalks, 0-1 Unit/Acre.

This property is listed by Stacy Dover and can be reached at 6263857507 or realtorstacydover@gmail.com.

SD

Stacy Dover

Agent at KALEO REAL ESTATE COMPANY

(626) 385-7507

Listed by KALEO REAL ESTATE COMPANY · View on Broker Site

MLS# CV25241240· Source: listhub· Updated 219 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1342 Edgewood, Alhambra, CA 91803

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