Properties

Alhambra, CA 91803 1342 Edgewood

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Presented By: Stacy Dover with KALEO REAL ESTATE COMPANY; 626-429-7361
  • MLS# CV25241240
  • 10/17/2025
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  • Baths • 2
  • SQFT • 4,422

Home Details

Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor โ€” this 5-unit income property is ideally located north of the 10 freeway in one of Alhambraโ€™s 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. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities. 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. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very 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. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.
Presented By: Stacy Dover with KALEO REAL ESTATE COMPANY; 626-429-7361

Interior Features for 1342 Edgewood

Other Interior Features

Air Conditioning Y/NYes
Common Walls2+ Common Walls
Laundry FeaturesCommon Area, See Remarks
Total Stories2

Other Rooms

Entry Level1

General for 1342 Edgewood

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Spaces7
Carport Y/NYes
CityAlhambra
Community FeaturesSidewalks
ContingencyPlease DO NOT DISTURB TENANTS when driving by or walking the property.
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsE. Fremont, South of Mission, W. Marengo
Entry Location1, 2
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
Insurance Expense2937
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, Contract
Lot Size Square Feet6615
Lot Size UnitsSquare Feet
MLS Area601 - Alhambra
Net Operating Income60080
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces2
Operating Expense17920
Pool FeaturesNone
PostalCityALHAMBRA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot77
Total Actual Rent78000
Trash Expense7983
ViewNeighborhood
Water Sewer Expense7000
Year Built1979
Year Built SourceAssessor

Exterior for 1342 Edgewood

Building Area Total4422
Lot Features0-1 Unit/Acre
Lot Size Acres0.1519
Lot Size Area6615
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters0
Parking FeaturesAssigned
Private PoolNo
Total Parking9
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,799,000
MLS#CV25241240
List Date 10/17/2025
Property Type Multi-Family
Phone 888.795.6274
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