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1605 S Atlantic Boulevard

Alhambra, CA 91803

– beds
– baths
– sqft
~1/2 acre lot
1947 build
– on site

Rare 8-Unit Investment Opportunity in Prime Alhambra with Development Potential This exceptional multifamily property consists of two side-by-side parcels totaling 22,978 square feet in the highly desirable Residential High Density (RH) zone of Alhambra. Featuring eight fully occupied units with a combined 6,415 square feet of living space, this asset offers a diverse mix of rental options, including a studio, two 1-bed/1-bath duplexes, an upstairs two-bedroom unit, and two detached single-family homes—one of which is a three-bedroom with a basement and private fenced yard. Most units are equipped with in-unit laundry, with the exception of the studio and the upstairs unit, which share a laundry room downstairs. The property includes ample on-site parking, featuring five standalone single-car garages, a two-car garage with an attached studio and upper unit, a carport, and additional off-alley and street parking. The buildings have been well-maintained, and all units are currently rented with no outstanding balances, reflecting strong tenant retention and minimal vacancies. Ideally situated near Pasadena, San Marino, and San Gabriel, this property offers easy access to major freeways, public transportation, top-rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown Los Angeles, Santa Anita, The Rose Bowl, USC, UCLA, Cal State LA, and an array of retail shops and parks. With its prime RH zoning designation, this property allows for a density of 43 units per acre, a maximum building height of 45 feet, and up to five stories, presenting significant redevelopment potential (buyer to verify). There may also be opportunities to add ADUs or Junior ADUs for additional rental income. This is a rare chance to acquire a high-performing investment property with substantial upside in a prime infill location. Private property – Do not enter without written permission.

Listed By CRMLS_CA / Andrew Homs / H & M Realty Group / 949-229-2704

Last checked: Checking… • Last updated Feb 8, 2025 •

MLS# OC25026504 —

The Building

Year Built:

1947
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

6415.00
Building Area Units:

Square Feet
Total Number Of Units:

8
# of Buildings:

6
Roof:

Tile
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

7
# of Separate Water Meters:

2
# of Separate Electric Meters:

8

Interior

Entry Location:

Street
Laundry:

Inside
Laundry:

1

Financial & Terms

Disclosures:

LA/Owner Related, Principal Is RE Licensed

Location

Directions:

From I-10 exit Atlantic Blvd. traveling North. Property will be on left side just before reaching Norwood
Latitude:

34.07553500
Longitude:

-118.13499300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

ALRPD*
Lot Features:

Back Yard, Front Yard, Landscaped, Lot 20000-39999 Sqft, Sprinkler System
Lot Size Area:

22847.0000
Lot Size Acres:

0.5245
Lot Size SqFt:

22847.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Additional Parcels Description:

5356016044
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4809.03
Tax Tract:

4376
Tax Lot:

22

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5356016043

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks, Storm Drains, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Attached Carport, Garage, Off Street
Parking Spaces:

9.00
Garage Spaces:

7.00
Uncovered Spaces:

1.00
Carport Spaces:

1.00

Extra Units

Average 1 Bed Area:

750
Average 2 Bed Area:

840
Average 3 Bed Area:

1578
Average Studio Area:

243

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
2/7/25 Feb 7, 2025	Listed / Active	CRMLS_CA	$3,400,000
8/4/21 Aug 4, 2021	Price Changed	CRMLS_CA
5/17/21 May 17, 2021	Price Changed	CRMLS_CA

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This multifamily located in Shorb Track, Alhambra, CA 91803 is currently for sale for $3,400,000. 1605 S Atlantic Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1605 S Atlantic Boulevard is in the Shorb Track neighborhood of Alhambra and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Alhambra High School and Marguerita Elementary School.

Listing Courtesy of: CRMLS_CA and H & M Realty Group. Based on information from California Regional Multiple Listing Service, Inc. as of 20:12 on Feb 07.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.