1515 W Commonwealth AV Alhambra CA 91803 MLS #AR26030880

1515 W Commonwealth AV
Alhambra, CA, 91803
$2,500,000
Beds
0 Baths
0 SqFt
0.16 Acres
$2,500,000
1515 W Commonwealth AV
Alhambra, CA, 91803
MLS #AR26030880 image #0
A rare opportunity in Alhambra, CA! This 8-unit apartment property, owned by the family since 1959, offers a prime corner location with parking on both Bushnell Ave and Commonwealth Ave. The unit mix includes six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with 3 units to be delivered vacant, presenting immediate market rent potential. This low-maintenance property features separate gas and electric meters for each unit, a master water meter, and 7 garage parking spaces plus 1 open space. On-site washer and dryer units, owned by the landlord and included in the sale, provide additional income opportunities. Conveniently located within walking distance of Costco Wholesale (0.5 miles) and with easy access to the 710 and 10 freeways, this property is perfect for investors seeking a solid, long-term asset with very low vacancy.

Property Details

Price:
$2,500,000
MLS #:
AR26030880
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
601alhambra
Listed Date:
Feb 11, 2026
Total Sq Ft:
6,392
Lot Size:
7,168 sqft / 0.16 acres (approx)
Year Built:
1951
601 – Alhambra601alhambra

Schools

Interior

Laundry Features
IR
Levels
U

Exterior

Common Walls
_2CW
Community Features
URB
Garage Spaces
7
Parking Spots
8
Parking Total
8

Financial

Net Operating Income
$138,903
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Single Family in Alhambra as of Apr 06, 2026
136
Single Family Listed
60
Avg DOM
269
Avg $ / SqFt
$787,405
Avg List Price

Community

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Property Summary

    1515 W Commonwealth AV Alhambra CA is a Single Family for sale in Alhambra, CA, 91803. It is listed for $2,500,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1951. The average price per square foot for Single Family listings in Alhambra is $269. The average listing price for Single Family in Alhambra is $787,405. To schedule a showing of MLS#ar26030880 at 1515 W Commonwealth AV in Alhambra, CA, contact your James Outland agent at 8057482262.
1515 W Commonwealth AV
Alhambra, CA
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