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Investment Highlights

  • Covered Parking
  • High Demand Area
  • Laundry Room

Executive Summary

Prime 5-Unit Investment Opportunity in the Heart of Alhambra. 4 units are 2 bed/2ba and one unit is 1 bed/1 bath. An exceptional opportunity for the savvy investor this 5-unit income property is ideally located north of the 10 freeway in one of Alhambras most desirable and stable rental markets.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. Positioned in a fabulous neighborhood and seton 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. Each unit enjoys on-site parking space, a valuable amenity for tenants in this area. 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.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $110,831 $25.06
Other Income - -
Vacancy Loss - -
Effective Gross Income $110,831 $25.06
Taxes - -
Operating Expenses - -
Total Expenses $25,463 $5.76
Net Operating Income $85,368 $19.31

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $110,831
Annual Per SF $25.06
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $110,831
Annual Per SF $25.06
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $25,463
Annual Per SF $5.76
Net Operating Income (CAD)
Annual $85,368
Annual Per SF $19.31

Property Facts

Price $2,556,217 CAD
Price Per Unit $511,243 CAD
Sale Type Investment
Cap Rate 3.34%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 4,422 SF
Average Occupancy 100%
No. Stories 2
Year Built 1979
Parking Ratio 2.04/1,000 SF
Zoning ALRPD* - Residential Planned Development

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Walk-Up
  • Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5355-004-011
Land Assessment
$708,703 CAD
Improvements Assessment
$1,654,144 CAD
Total Assessment
$2,362,847 CAD
  • Listing ID: 38412975

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: 1342 Edgewood Dr, Alhambra, CA 91803

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