$1,688,000/mo

109 -111 N Marguerita Avenue, Alhambra, CA 91801

  • 3,183 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon5,998sqft lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $530/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

A rare opportunity to acquire a 6-unit multifamily property located in the heart of Alhambra. Situated just north of Main Street, this well-positioned asset offers stability and long-term growth potential in one of San Gabriel Valley’s most desirable rental markets. The property consists of two buildings with a total of six well-maintained 1 bed/1 bath units, one of which is newly renovated. Gross Scheduled Rent totals $137,520. Each unit enjoys its own one-car garage and one additional driveway space. The building does not have gas, and each unit is separately metered for electric. There is a laundry unit in the rear building and a courtyard space between the two buildings. Lastly, the rear 3 units and their corresponding garages have alley access. With its central location, residents enjoy easy access to Downtown Alhambra’s vibrant dining, retail, and entertainment options, as well as close proximity to schools, parks, and major freeways (I-10, 710, and 210), ensuring convenient commutes throughout the Greater Los Angeles area. This property presents an exceptional opportunity for investors seeking steady income, long-term appreciation, and a foothold in a strong rental market.

Listing Status:
Active
Date Added:
August 26, 2025 at 05:00AM
Listing Office:
Berkshire Hathaway Home Services Golden Properties : 626-797-7622
Listing Agent:
Shant Dimijian : 626-797-7622
MLS ID:
PF25192757
  • Laundry: Common Area
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplace: None
  • Pool: None
  • Parking: AssignedParking spaces: 6
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: ALRPD*5338011003
  • View: None
  • Utilities: Natural Gas Not Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Shant Dimijian, Berkshire Hathaway Home Services Golden Properties

Location

Schools Nearby

P

Park Elementary School

301 N Marengo Ave, Alhambra, CA, 91801

Grades KG-8

0.28 miles away

P

Park Elementary School

301 N Marengo Ave, Alhambra, CA, 91801

Grades KG-8

0.28 miles away

I

Independence High (Alternative)

20 S Marengo Ave, Alhambra, CA, 91801

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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