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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.
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
Monthly Cost Estimate
$9,621/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1342 Edgewood
Alhambra, CA 91803
Features & Amenities
Exterior Features
Property Details
Parking
Cooling
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.


