1600 S Atlantic Boulevard
Property Description
Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses-1600 S. Atlantic Blvd. and 912 W. Norwood Pl.-this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income. The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants. The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles. With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,350,000 |
| No. of Units: | 3 |
| Year Built: | 1922 |
| Opportunity Zone: | No |
| Price per unit: | $450,000 |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 10 |
ID: 3yd-MRMLSCA-WS26169722
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