Presenting a rare opportunity to acquire a Spanish garden-style 8-unit multifamily property located in one of Alhambra’s most desirable rental submarkets. This charming two-story building features excellent curb appeal and strong rental upside potential. Property Highlights: Unit Mix: (2) Two-bedroom, one-bath units; (6) One-bedroom, one-bath units, 8 gated carport spaces (one per unit) Select units offer private balconies or patios. Ideal for long-term rental income stability and appreciation. Strategically positioned north of Main Street and south of Huntington Drive, the property is close to Downtown Alhambra’s shops, dining, and entertainment. The area continues to see strong tenant demand due to its central location and easy access to major freeways and public transit. With consistent income, value-add potential, and a sought-after location, this asset represents a solid addition to any investor’s portfolio.
For sale
Listing Provided by:
JENNY WU DRE #01265839 626-840-7958,
eXp Realty of California Inc,
SAMUEL SHIH- WU DRE #00943726 323-859-8888,
IDEAL REALTY
$2,500,000
400 401grand N, Alhambra, CA 91801
--beds
--baths
5,829sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$2,465,600 Zestimate®
$429/sqft
$-- HOA
What's special
Balcony or patioGated carport spacesStorage room
- 74 days
- on Zillow |
- 96 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: May 24, 2025 at 06:20pm
Listing Provided by:
JENNY WU DRE #01265839 626-840-7958,
eXp Realty of California Inc,
SAMUEL SHIH- WU DRE #00943726 323-859-8888,
IDEAL REALTY
Source: CRMLS,MLS#: WS25114083
Originating MLS: California Regional MLS

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Facts & features
Interior
Appliances
- Laundry: Inside
Features
- Balcony
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,829
- Total interior livable area: 5,829 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
- Carport spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 0.3 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 5338027011
- Zoning: ALRPD*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Alhambra
Financial & listing details
- Price per square foot: $429/sqft
- Date on market: 5/21/2025
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 11760
- Tenant pays: Electricity, Gas
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