Home | Los Angeles County | Alhambra | 91803 | 1515 W Commonwealth Ave

1515 W Commonwealth Ave, Alhambra, CA 91803

MLS: CRAR26030880 | Status: | Price: $2,500,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds	Baths	Sq Ft	Sq Ft Lot	Yr Built
–	–	–	7,168	1951

Remarks

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.

MLS Listing Information

Field	Value
MLS #	CRAR26030880
MLS Source	California Regional MLS
Days on Site	70

Features

Parking, School, and Other Information

Feature	Details
Garage/Parking	Garage: 7 Car(s)

Contact Information

Donald La
EXP REALTY
License #: 01928418
Phone: –

Property Units

# Buildings	# Leased Units	# Total Units
1	–	–

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School	Type	Grades	Distance	Rating
Independence High (Alternative) School	public	9-12	0.21 mi	N/A
William Northrup Elementary School	public	K-8	0.32 mi	8
Park Elementary School	public	K-8	0.55 mi	8
Alhambra High School	public	9-12	0.77 mi	8
Emery Park Elementary School	public	K-8	0.82 mi	6
Marguerita Elementary School	public	K-8	0.89 mi	8
Garfield Elementary School	public	K-8	1.02 mi	8
Ramona Elementary School	public	K-8	1.04 mi	10
Sierra Vista Elementary School	public	K-6	1.20 mi	9
Fremont Elementary School	public	K-8	1.31 mi	8
Martha Baldwin Elementary School	public	K-8	1.37 mi	9
South Pasadena Middle School	public	6-8	1.50 mi	10
Marengo Elementary School	public	K-5	1.53 mi	10
Granada Elementary School	public	K-8	1.56 mi	6
Cesar Chavez Elementary School	public	K-6	1.59 mi	5
Sierra Park Elementary School	public	K-6	1.65 mi	6
South Pasadena Senior High School	public	9-12	1.70 mi	10
San Gabriel High School	public	9-12	1.77 mi	8
Monterey Hills Elementary School	public	K-5	1.78 mi	10
Mark Keppel High School	public	9-12	1.84 mi	9

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of March 22, 2026. For the most current information, please contact Donald La.