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13,777 sqft

$5,495,000

1517 Acacia Street, Alhambra CA, 91801

Price per sqft$398.85
Built in1974
Property size13,777 sqft
Property typeCondominium
Listed by Christian Mkpado CA DRE# 02079387 with Keller Williams Realty 8056373623

Overview

Active

Listed Aug 10, 2026

Updated Aug 13

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.

$36,558/mo

Est. mortgage payment based on a $5,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PF26174613

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.4 Acres

Other Property Details

Maintenance Expense
$11,095
55+/Senior Community
No
MLS provider logo

Listed by Christian Mkpado CA DRE# 02079387 with Keller Williams Realty 8056373623

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/13/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/13/2026 at 5:21 AM UTC Last Checked: 5:21 AM UTC

 

 

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