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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,288,000

Est. payment - /mo

7,331 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26141592

HOA Y/N No

Rental Info 12 Months

Year Built 1950

Lot Size 7,331 Sqft

Property Sub-Type Quadruplex

Property Description

**2721–2723 S. Fremont Ave., Alhambra**

An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units, this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment.

The property features four on-site carport parking spaces—one assigned to each unit—as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit.

Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system.

Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby.

This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Gravity

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Water Heater

Laundry None

Exterior

Parking Features Carport

Carport Spaces 4

Pool None

Community Features Curbs, Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Sprinklers In Front

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5353019006

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

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Listed by Pamela DelRey Art Del Rey Realty, Inc. 626-841-2387, DRE #00864033

NEARBY SCHOOL & BUSINESS

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2721 S Fremont Alhambra, CA 91803