Alhambra, CA 91803,1501 S 4th ST
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Alhambra, CA 91803,1501 S 4th ST
Alhambra, CA 91803,1501 S 4th ST
Alhambra, CA 91803,1501 S 4th ST
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$ 2,895,000
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1501 S 4th ST Alhambra, CA 91803

8,873 Sqft Lot


UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26001274

HOA Y/N No

Year Built 1962

Lot Size 8,873 Sqft

Property Sub-Type Apartment

Property Description

Investors: this is a solid San Gabriel Valley opportunity worth a close look. Located at 1501 S 4th Street in Alhambra 91803, this 8-unit apartment property features a total of 11 bedrooms, 9 bathrooms, 2 garage spots + 7 covered carports. This offering is a well-balanced unit mix that appeals to a broad renter base. In addition there is three 3 washer/dryer set up (with space to add more). The property offers market-rate in-place income with additional upside, appealing to investors seeking a balanced mix of cash flow and long-term appreciation. The building has been freshly painted on the exterior, roof has been new within the last three years, electrical and plumbing was update and balcony are certified. Cap rate just over 5% — already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential.

Situated in the heart of the San Gabriel Valley, the property benefits from excellent freeway access, with quick connections to the I-10 Freeway for easy commutes west to Downtown Los Angeles and West LA, or east toward Hacienda Heights and surrounding SGV employment centers. This central location makes the property highly attractive to tenants seeking convenience, accessibility, and affordability relative to neighboring submarkets.

Residents enjoy proximity to Alhambra's vibrant dining scene, shopping, schools, and everyday services, while still being within reach of major job hubs throughout Los Angeles County. The area's consistent tenant demand and strong fundamentals support stable occupancy and long-term value appreciation.

Solid in-place income. Clear upside. Proven rental location. Opportunities like this in the core of the San Gabriel Valley don't come up often—a well-positioned multifamily asset for investors seeking stability with growth potential.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Outside

Exterior

Garage Spaces 2.0

Carport Spaces 7

Garage Description 2.0

Pool None

Community Features Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5357006022

Energy Description 1395.5

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard, Trust


CRMLS – RECore
Listed by ANDREW LUONG RICHTOWN REALTY 626-466-7111

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Arroyo Vista Elementary School

    Public | KG - 5

  • 10

    Monterey Hills Elementary School

    Public | KG - 5

  • 10

    Kipp Iluminar Academy

    Public | KG - 4

  • 10

    Marengo Elementary School

    Public | KG - 5

  • 10

    Valentine Elementary School

    Public | KG - 5

  • 10

    Monterey Vista Elementary School

    Public | KG - 6

  • 9

    Kipp Sol Academy

    Public | 5 - 8

  • 9

    Brooklyn Avenue School

    Public | KG - 8

  • 9

    Monterey Highlands Elementary School

    Public | KG - 8

  • 9

    Potrero Heights Elementary

    Public | KG - 5

  • 8

    Brightwood Elementary School

    Public | KG - 8

  • 8

    Robert Hill Lane Elementary School

    Public | KG - 6

  • 8

    Park Elementary School

    Public | KG - 8

  • 8

    Garfield Elementary School

    Public | KG - 8

  • 8

    Ramona Elementary School

    Public | KG - 8

  • 8

    Repetto Elementary School

    Public | KG - 8

  • 8

    Baldwin Elementary School

    Public | KG - 8

  • 8

    Wilson Elementary School

    Public | KG - 5

  • 8

    Emma W. Shuey Elementary School

    Public | KG - 6

  • 7

    Sierra Vista Elementary

    Public | KG - 6

Middle Schools 8
  • 10

    South Pasadena Middle School

    Public | 6 - 8

  • 9

    Huntington Middle School

    Public | 6 - 8

  • 7

    Garvey (Richard) Intermediate School

    Public | 7 - 8

  • 7

    Temple (Roger W.) Intermediate School

    Public | 7 - 8

  • 4

    Macy Intermediate

    Public | 6 - 8

  • 2

    Options for Youth San Gabriel

    Public | 7 - 12

  • 0

    East los Angeles Community Day

    Public | 7 - 12

  • 0

    Southwestern Academy

    Private | 6 - 12

High Schools 15
  • 10

    South Pasadena High School

    Public | 9 - 12

  • 10

    Mark Keppel High School

    Public | 9 - 12

  • 9

    Alliance Marc & Eva Stern Math and Science

    Public | 9 - 12

  • 9

    Alhambra High School

    Public | 9 - 12

  • 9

    Gabrielino High School

    Public | 9 - 12

  • 8

    Los Angeles High School for the Arts

    Public | 9 - 12

  • 8

    San Gabriel High School

    Public | 9 - 12

  • 4

    Hilda L. Solis College Prep High School

    Public | 9 - 12

  • 0

    Century High School

    Public | 9 - 12

  • 0

    Independence High (Alternative)

    Public | 9 - 12

  • 0

    Ramona Convent Secondary School

    Private | 9 - 12

  • 0

    First Presbyterian School

    Private | 9 - 12

  • 0

    San Gabriel Mission High School

    Private | 9 - 12

  • 0

    Del Mar High School

    Public | 10 - 12

  • 0

    Don Bosco Technical Institute

    Private | 9 - 12

School and business data provided by Attom Data.
Anna Taylor

Anna Taylor

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+1(562) 275-1710

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1501 S 4th ST