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Investment Highlights

  • 2 OF THE 3 UNITS CURRENTLY VACANT! WE ARE PLEASED TO PRESENT FOR THE FIRST TIME ON THE MARKET IN OVER 40 YEARS!
  • Apprx. 3,400 sqft | Upgraded Electrical Systems in 2 of the Units | Copper plumbing from the main line at the meter to all units
  • Expansive 9,154 square foot lot with three sides of frontage, the layout also provides excellent accessibility, with two units enjoying direct garage
  • Rare generational asset | Desirable corner lot | Highly sought-after unit mix of all 2 bed 1 bath single-story units
  • Each unit benefits from garage parking, its own private driveway, and dedicated outdoor space, including front, side, and/or backyards
  • Only subject only to California's AB 1482 rent ordinance and is not governed by any local rent control

Executive Summary

2 OF THE 3 UNITS CURRENTLY VACANT! WE ARE PLEASED TO PRESENT FOR THE FIRST TIME ON THE MARKET IN OVER 40 YEARS! This rare generational asset sits on a desirable corner lot and offers a highly sought-after unit mix consisting of one 2-bedroom, 1-bath single-family residence and two additional 2-bedroom, 1-bath units ideal for both investors and owner-users. All units have 2 bedrooms, 1 bathroom and a separate living room that could be considered a BONUS ROOM (buyer to verify). Two units will be delivered vacant, providing immediate flexibility for occupancy or the opportunity to capture strong rental upside. The property features approximately 3,400 rentable square feet across oversized units, enhancing long-term income potential. Significant property improvements include upgraded electrical systems in two of the units, copper plumbing from the main line at the meter to all units, and copper plumbing beneath the house for 1721 S 9th St and 907 W Glendon Way, offering added reliability and reduced maintenance concerns. Each unit benefits from garage parking, its own private driveway, and dedicated outdoor space, including front, side, and/or backyards features that greatly enhance tenant appeal. Situated on an expansive 9,154 square foot lot with three sides of frontage, the layout also provides excellent accessibility, with two units enjoying direct garage access. Strategically located near the intersection of Atlantic and Valley Blvd, the property boasts a Walk Score of 84, making it highly walkable with convenient access to nearby shopping, dining, and everyday amenities. From an investment standpoint, the asset is subject only to California's AB 1482 rent ordinance and is not governed by any local rent control, allowing for greater flexibility in rent adjustments. Altogether, this is a unique opportunity to acquire a well-maintained, high-performing asset with immediate upside and long-term growth potential in a prime location.*Click on the Property Video* Please Note: Seller is interested in CASH OFFERS ONLY. Buyer to cooperate with Seller's 1031 Exchange. Situated on the corner of South 9th Street and West Glendon Way; the nearest major intersection South Atlantic Blvd and Valley Blvd. Although 2 of the 3 Units are currently vacant, Please do not walk on the property, do not disturb or engage with any tenants regarding the property. Interior Photos for the vacant units are provided. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agent.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $121,302 $35.68
Other Income - -
Vacancy Loss $3,639 $1.07
Effective Gross Income $117,662 $34.61
Taxes - -
Operating Expenses $35,437 $10.42
Total Expenses $35,437 $10.42
Net Operating Income $82,225 $24.18

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $121,302
Annual Per SF $35.68
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $3,639
Annual Per SF $1.07
Effective Gross Income (CAD)
Annual $117,662
Annual Per SF $34.61
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $35,437
Annual Per SF $10.42
Total Expenses (CAD)
Annual $35,437
Annual Per SF $10.42
Net Operating Income (CAD)
Annual $82,225
Annual Per SF $24.18

Property Facts

Price $1,766,926 CAD
Price Per Unit $588,975 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 3,400 SF
Average Occupancy 33%
No. Stories 1
Year Built 1940
Parking Ratio 2.65/1,000 SF
Zoning ALRPD* - Planned Development

Amenities

Unit Amenities

  • Kitchen

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - 1,069 - 1,165
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
5357-018-013
Land Assessment
$589,419 CAD
Improvements Assessment
$430,527 CAD
Total Assessment
$1,019,946 CAD
Annual Taxes
$0 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40246615

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 1721 S 9th St, Alhambra, CA 91803

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