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221 S Bushnell Ave
Alhambra, CA 91801

$1,550,000 USD

Multifamily For Sale  •  3,125 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,125 SF
  • Lot Size 0.14 AC
  • Year Built 1951
  • Cap Rate 3.73 %
40 Transit Score
60 Walk Score

Highlights

Positioned in a core San Gabriel Valley submarket, less than one mile from Costco, Raising Canes, Target, Albertsons, and other major retailers.
Priced at $387,500 per unit and $496 per SF with a 3.73% current cap rate and 4.25% pro forma cap rate.
Two 1-bedroom/1-bathroom and two 2-bedroom/1-bathroom units averaging 781 SF across a ±3,125 SF building.
All units feature updated cabinetry, tile flooring, recessed lighting, split AC, laminate wood flooring, and vertical blinds.
Not subject to any local rent control, providing full flexibility to capture the available 10% rental upside.
Newer exterior paint and mature landscaping reflect pride of ownership, minimizing near-term capital expenditures.

Financial Summary (Actual)

Net Operating Income: $57,799 USD (2025)
Cap Rate: 3.73 %
Total Expenses: $30,665 USD

Public Transportation

Commuter RailDriveWalkDistance
Montebello/ Commerce Metrolink Station (Metrolink Riverside Line - Metrolink Trains) 15 min - 7.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 33 min - 22.4 mi
Bob Hope 31 min - 22.6 mi
Los Angeles International 37 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Covered
Included in Rent: Yes
Eric Chen 909-418-2071 CBRE, Inc.
Eric Chen 909-418-2071 CBRE, Inc.