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215 N Alhambra Ave
Monterey Park, CA 91755

$1,850,000 USD

Apartments For Sale • 5,767 SF

Property Details

Property Type Apartments
Total Building Size 5,767 SF
Lot Size 0.39 AC
Building Class C
Year Built 1953
Cap Rate 6.00 %
Zoning R3

0 Transit Score

78 Walk Score

                
                    Highlights
                
                                Rare Monterey Park Offering
                            
                                3 Single Story Duplexes 
                            
                                Middle Duplex Sustained Major Fire Damage Requiring Reconstruction
                            
                                Potential Redevelopment Opportunity
                            
                                16,833 Square Feet of Land Zoned R3
                            
                                Blocks from Garvey and Garfield Avenue Shops, Restaurants, Etc.

Financial Summary (Actual)

Net Operating Income: $110,947 USD (2025)

Cap Rate:	6.00 %
Total Expenses:	$47,590 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Ruiven Trucking Inc

Public Transportation

Commuter Rail	Drive	Walk	Distance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	5.0 mi
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	5.8 mi
Airport	Drive	Walk	Distance
Bob Hope	33 min	-	22.9 mi
Long Beach (Daugherty Field)	35 min	-	24.4 mi
Los Angeles International	38 min	-	27.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes

Benjamin Hsiang 818-517-0845 Realty Investment Advisors

215 N Alhambra Ave Monterey Park, CA 91755