Properties

Alhambra, CA 91803 1501 S 4th Street

1501 S 4th Street Alhambra, CA - Image 11501 S 4th Street Alhambra, CA - Image 21501 S 4th Street Alhambra, CA - Image 3
Presented By: ANDREW LUONG with RICHTOWN REALTY; 626-466-7111
  • MLS# WS26001274
  • 01/01/2026
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  • Baths • 1
  • SQFT • 4,906
  • Garage • 2

Home Details

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% โ€” 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 Alhambraโ€™s vibrant dining scene, shopping, schools, and everyday services, while still being within reach of major job hubs throughout Los Angeles County. The areaโ€™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 donโ€™t come up oftenโ€”a well-positioned multifamily asset for investors seeking stability with growth potential.
Presented By: ANDREW LUONG with RICHTOWN REALTY; 626-466-7111

Interior Features for 1501 S 4th Street

Other Interior Features

Common Walls1 Common Wall, No One Above
Laundry FeaturesCommon Area, Outside
Total Stories2

Other Rooms

Entry Level1

General for 1501 S 4th Street

Additional Parcels Y/NNo
AppliancesDryer, Washer
Building Area UnitsSquare Feet
Cap Rate5.26
Carport Spaces7
Carport Y/NYes
CityAlhambra
Community FeaturesGutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
CountyLos Angeles
Current FinancingNone
DirectionsSouth of Valley Blvd & Norwood Pl
Electric Expense310.9
Entry LocationStreet
Fuel Expense1395.5
Garage Spaces2
Garage Y/NYes
Gross Income
Insurance Expense4896
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan, 1031 Exchange
Lot Size Square Feet8871
Lot Size UnitsSquare Feet
MLS Area601 - Alhambra
MaintenanceExpense4634
Net Operating Income152154
New ConstructionNo
Number Of Units Total8
Number of Units Leased7
Operating Expense43770
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityALHAMBRA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories Count2
Tax Lot10
Tenant PaysElectricity, Gas, Other
Total Actual Rent174324
Trash Expense2318.1
Water Sewer Expense3912.2
Year Built1962
Year Built SourcePublic Records

Exterior for 1501 S 4th Street

Building Area Total4906
Lot Features0-1 Unit/Acre
Lot Size Acres0.2037
Lot Size Area8871
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
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 $2,895,000
MLS#WS26001274
List Date 01/01/2026
Property Type Multi-Family
Phone 888.795.6274
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