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Property view

913 915 Edith Avenue, 
Alhambra, CA 91803

$1,930,000


Bed


Bath


3,828

Sq Ft


Multi-Family

Sold

Listed by

Han Chen

Bought with ehomes

Growth Investment Group Pasade

626-594-4900

MLS#

AR23191512

Source:

CRMLS

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About This Home

913 915 Edith Avenue

A very well located and maintained property in the City of Alhambra. The property has been in the same ownership since 1974 (49 years ownership – current owner is the heir); thus presents a rare opportunity for the right buyer to acquire this beautifully located property in Alhambra with attractive going in CAP Rate. The property is a block from Atlantic Blvd, and several blocks west from Alhambra Golf Course and Almansor Court, providing a rare and excellent amenity for tenants which makes it very easy to rent and operate property. It is located minutes away from Downtown Alhambra on Main Street, and Valley Blvd retail corridor. There is no local rent control which allows maximum rent increase under AB1482 (CPI + 5% = 10% maximum increase). The property consists of 3 buildings that were built in stages (buyer to verify with the city)– 915 Edith A&B was built in 1965, 913 Edith Ave unit A was built in 1935, 913 Edith Ave unit B was built in 1945, and 904 Curtis Ln was built in 1930. It has a total of ±3,828sf building and on a large R3 ±11,849sf lot. It has an excellent unit mix of one (1) x 3bed+2bed house, one (1) x 2bed+1bath house, one (1) x 2bed+1bath, and two (2) x 1bed+1bath units. It is unique because the front house is a large 3bedroom+2bathroom owner’s unit (will be delivered vacant), and the back house is a SFR with its own address – both are on one lot. The front house is a large 3bedroom+2bathroom unit with a large private lawn, high ceiling in living room, central HVAC unit, fireplace, tiled kitchen. The back house (904 Curtis) has its own driveway and garage parking, central HVAC, fireplace, EV charging, and a private backyard. Plumbing has been upgraded to copper (buyer to verify), and each unit has an individual water heater. All current tenants are on month-to-month agreement which translates to significant rental upside. It is situated on a quiet residential street in Alhambra, and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. Parking is provided by 4 carports for the front 4 units, 2 car garages and 1 to 2 driveway open space for the back house. There is a shared laundry in the carport area. The building is separately metered for electricity and gas.

Home Facts

Multi-Family

Built in 1965

Price Summary

1,920,000

$501 per Sq. Ft.

MLS #:

AR23191512

Sold:

February 1, 2024


Rooms & Interior

Interior

Living Area:

3,828 Sq. Ft.


Structure

Structure

Building Area:

3,828 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

11,848


Finances & Disclosures

Finances

Price:

$1,920,000

Price per Sq. Ft:

$501 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of June 7, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.