Description
**2721-2723 S. Fremont Ave., Alhambra** An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units, this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment. The property features four on-site carport parking spacesone assigned to each unitas well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit. Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system. Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby. This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.
Details
| MLS # | AR26141592 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 71 |
| Listing Provided By | Art Del Rey Realty, Inc. | Pamela DelRey |
Features
| SQ Feet | 2,230 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.17 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Gravity |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, All Bedrooms Down |
| Appliances | Gas Oven, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors, Window Bars |
| Construction Materials | Stucco |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre, Sprinklers In Front |
Parking
| Parking Features | Carport |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91803 |
| Area | 601 Alhambra |
| Listing VS Median (in 91803) | |
Price: $1,198,000 low | high Med: $1,699,450 sqft: 2,230 low | high Med: 3,177 $ / sqft: $537 low | high Med: $618 On site: 71 low | high Med: 168.5 | |
Market Activity 91803
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91803 |
| Area | 601 Alhambra |
| Listing VS Median (in 91803) | |
Price: $1,198,000 low | high Med: $1,699,450 sqft: 2,230 low | high Med: 3,177 $ / sqft: $537 low | high Med: $618 On site: 71 low | high Med: 168.5 | |