About This Home
This 9-bedroom, 10-bathroom multi-family at 1600 S Atlantic Boulevard in Alhambra, CA is listed for $1,350,000. Built in 1922, on a 0.19 acres lot.
Key Features
- Built in 1922
- 0.19 acre lot
- 2 stories
- 5 parking spaces
Property Details
Amenities
Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses-1600 S. Atlantic Blvd. and 912 W. Norwood Pl.-this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income.
The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants.
The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles.
With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra.
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1600 S Atlantic Boulevard
Alhambra, CA 91803
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 9-bedroom, 10-bathroom multi-family at 1600 S Atlantic Boulevard is listed at $1,350,000. The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1922, 0.19 acre lot, 2 stories, 5 parking spaces. Interior Features: Balcony.
This property is listed by RHEA BAI and can be reached at 6265897958.


