1515 W Commonwealth Avenue | Los Angeles | State of California | Prices, Plans, Availability

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1515 W Commonwealth Avenue

USD 2,875,000

Property ID: WS25000910

1515 W Commonwealth Avenue ,91803

7168 SqFt

Built in 1951

USD 401/SqFt

0 Bed

0 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

6392

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1951

Detailed Introduction Of This Home

A rare opportunity in Alhambra, CA! This 8-unit apartment property, on the market for the first time 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 four 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.

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