Home | Los Angeles County | Alhambra | 91801 | 1517 Acacia St
MLS: CRPF26174613 | Status: | Price: $5,495,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 17,298 | 1974 |
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.
| Field | Value |
|---|---|
| MLS # | CRPF26174613 |
| MLS Source | California Regional MLS |
| Days on Site | 16 |
| Feature | Details |
|---|---|
| Heating | Forced Air |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
Christian Mkpado
Keller Williams Realty
License #: 02079387
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 14 | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of August 11, 2026. For the most current information, please contact Christian Mkpado.