1517 Acacia Street, Alhambra, CA 91801

  • $5,495,000
1517 Acacia Street
Residential Income Active
1517 Acacia Street, Alhambra, CA 91801
1517 Acacia Street
  • $5,495,000

Overview

Property ID: HZPF26174613
  • Apartment
  • Property Type
  • 0
  • Garage
  • 1974
  • Year Built

Description

16-unit multifamily investment opportunity in the heart of Alhambra. 1517-1519 Acacia Street features an attractive unit mix of six townhouse-style 2-bed/1.5-bath units, five 2-bed/1-bath units (including two newly constructed 2026 ADUs), one 2-bed/2-bath unit, and four 1-bed/1-bath units, totaling approximately 13,777 SF of improvements built in 1974. Units are individually metered for gas and electricity. The two brand-new ADUs are achieving full market rent, while in-place rents across the remaining units average roughly 10% below market, providing strong day-one cash flow with meaningful organic rental upside: approximately a 5.4% current cap rate and 12.4 GRM, rising to approximately a 6.3% cap rate and 11.1 GRM at market rents, based on the current rent roll and seller expense assumptions. Alhambra is a supply-constrained San Gabriel Valley submarket minutes from Downtown Los Angeles, Cal State LA, and the I-10 and I-710 freeways, with strong renter demand driven by the Main Street retail and restaurant corridor, award-winning schools, and a vibrant local economy. Priced at approximately $343,438 per unit and $399 per SF.

  • Address Acacia
  • City Alhambra
  • State/county Los Angeles
  • Zip/Postal Code 91801

Details

Updated on August 12, 2026 at 10:08 am
  • Property ID: HZPF26174613
  • Price: $5,495,000
  • Garage: 0
  • Year Built: 1974
  • Property Type: Apartment
  • Property Status: Residential Income
  • Listed by: Christian Mkpado
  • DRE #: 02079387
  • Contact Phone: 805-637-3623
  • Contact Mail: christian.mkpado@kw.com
  • Brokered by: Keller Williams Realty

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