We are pleased to present for sale for the First Time Offered in Over 41 Years. This rare long-term ownership asset offers an exceptional opportunity to acquire a pride-of-ownership 5-unit apartment building in one of the most sought-after pockets of the San Gabriel Valley. The property is mostly two story town-home style units, built in 1977, and benefits from newer construction relative to much of the surrounding rental stock, providing investors with durable systems, efficient layouts, and long-term operational stability. This offering represents a rare opportunity to acquire a well-maintained, long-held property with newer construction, an exceptional unit mix, and oversized floor plans all in a high-demand rental market. With clear rental upside and favorable operating conditions, this 5-unit asset stands out as an excellent long-term investment in the heart of the San Gabriel Valley. The property features an excellent combination of spacious 1-, 2-, and 3-bedroom apartments, catering to a wide range of renter demand in the Alhambra market. Many of the units offer multiple bathrooms, a highly desirable feature that significantly enhances tenant retention and leasing velocity. With a total building size approaching 6,000 square feet, the units are substantially larger than typical rentals in the area. These generous layouts provide immediate competitive advantage and offer strong long-term appreciation potential. An opportunity for investors to capture meaningful rental upside through strategic renovations or cosmetic upgrades. Strong local demand combined with the building's oversized units creates a clear path for increased income. The property is only subject to the statewide AB 1482 rent ordinance and is not impacted by any local rent control, offering greater flexibility in executing value-add and repositioning strategies. Situated in a prime Alhambra location just off Garfield Avenue, the property enjoys excellent accessibility and walkability. Residents are within minutes of the shops, restaurants, cafes, and neighborhood conveniences along Main Street, one of the city's most vibrant corridors. The area is known for its strong employment base, stable demographics, and consistently low vacancy rates. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Silver Lake, San Gabriel, and Montebello. Properties can be sold together as a portfolio or individually. DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE.
For sale
$1,788,888
15 E Beacon St, Alhambra, CA 91801
10beds
11baths
5,951sqft
Est.:
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$301/sqft
$-- HOA
What's special
Efficient layoutsExceptional unit mixOversized floor plansDurable systems
- 5 hours |
- 87 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: 21 hours ago
Listed by:
Eric Dilanian DRE # 01951699 213-233-4379,
Remax Commercial and Investment Realty 213-817-1000,
Shant Sherbetdjian DRE # 01713570 626-657-8150,
Remax Commercial and Investment Realty
Source: CLAW,MLS#: 25629929
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 11
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 5,951
- Total interior livable area: 5,951 sqft
Property
Parking
- Parking features: Covered, Other
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,816.54 Square Feet
Details
- Additional structures: None
- Zoning: ALRPD*
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1977
Community & HOA
Location
- Region: Alhambra
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $649,772
- Date on market: 12/19/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Listed for sale | $1,788,888$301/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$11,265/mo
Principal & interest
$8910
Property taxes
$1729
Home insurance
$626
Climate risks
Neighborhood: 91801
Nearby schools
GreatSchools rating
- 6/10Granada Elementary SchoolGrades: K-8Distance: 0.6 mi
- 8/10San Gabriel High SchoolGrades: 9-12Distance: 0.8 mi
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