Properties

Alhambra, CA 91801 201 N Atlantic Boulevard

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Presented By: Stephen Shloss with Regency Real Estate Brokers; 9492921323
  • MLS# OC26007472
  • 01/11/2026
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  • Baths • 7
  • SQFT • 5,100

Home Details

Seven-Unit Craftsman - Individual separate Cottage units in a garden style Community on sixteen thousand SF Lot (1/3 of and acre) โ€“ in the desirable area of Alhambra that is central to South Pasadena, San Marino and San Gabriel. Rare opportunity to acquire a seven-unit, single-story cottage-style multifamily property located in the historic city of Alhambra. Built in 1928, the property features individual standalone Craftsman-style units, offering timeless charm and strong tenant appeal. The property is fully leased, providing immediate income. For investors focused on preservation and value enhancement, the property may qualify for Mills Act historical tax abatement, potentially resulting in significant property tax savings and expedited permitting through the City of Alhambra (Need to verify). Situated on an expansive fat lot, the property also offers future redevelopment potential, including condominiums and/or higher-density multifamily (need to verify zoning and feasibility). Ideal for investors seeking stable cash flow, long-term appreciation, and multiple exit strategies in a highly desirable Alhambra location.
Presented By: Stephen Shloss with Regency Real Estate Brokers; 9492921323

Interior Features for 201 N Atlantic Boulevard

Other Interior Features

LivingAreaSourceAssessor
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 201 N Atlantic Boulevard

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Business TypeMulti-Tenant
Cap Rate3.75
Carport Spaces5
Carport Y/NYes
CityAlhambra
CountyLos Angeles
Current FinancingNone
DirectionsW Mission Rd to Atlantic Blvd past W Main St
Insurance Expense6000
Land Lease Y/NNo
Lease Considered Y/NNo
Listing TermsCash, Cash to New Loan, 1031 Exchange
Lot Size Square Feet16000
Lot Size UnitsSquare Feet
MLS Area601 - Alhambra
MaintenanceExpense5000
Net Operating Income109428
Number Of Units Total7
Number of Units Leased7
Occupancy TypeTenant
Open Parking Spaces5
Operating Expense41772
PostalCityALHAMBRA
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Year2025
UtilitiesSee Remarks
Year Built1928
Year Built SourceAssessor

Exterior for 201 N Atlantic Boulevard

Building Area Total5100
Lot Features0-1 Unit/Acre, Garden, Greenbelt
Lot Size Acres0.3673
Lot Size Area16000
Lot Size SourceAssessor
Number of Buildings9
Total Parking10
Water SourcePublic, See Remarks

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 $2,900,000
MLS#OC26007472
List Date 01/11/2026
Property Type Commercial
Phone 888.795.6274
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