201 N Atlantic Boulevard, Alhambra, CA 91801
$2,900,000
201 N Atlantic Boulevard

201 N Atlantic Boulevard

Seven-Unit Craftsman - Individual separate Cottage units in a garden style Community on sixteen thousand SF Lot (1/3 of and acre) - in the desirable area of Alhambra that is central to South Pasadena, San Marino and San Gabriel.

Rare opportunity to acquire a seven-unit, single-story cottage-style multifamily property located in the historic city of Alhambra. Built in 1928, the property features individual standalone Craftsman-style units, offering timeless charm and strong tenant appeal.

The property is fully leased, providing immediate income. For investors focused on preservation and value enhancement, the property may qualify for Mills Act historical tax abatement, potentially resulting in significant property tax savings and expedited permitting through the City of Alhambra (Need to verify).

Situated on an expansive fat lot, the property also offers future redevelopment potential, including condominiums and/or higher-density multifamily (need to verify zoning and feasibility).

Ideal for investors seeking stable cash flow, long-term appreciation, and multiple exit strategies in a highly desirable Alhambra location.
  • For Sale
  • 1928 BUILT
  • 0.37 Acres LOT
  • 5,100 Sq.Ft.

Features & Amenities

Area & Lot

  • Status:For Sale
  • LIVING SPACE:5,100 Sq.Ft.
  • TOTAL AREA:5,100 Sq.Ft.
  • LOT SIZE:0.37 Acres
  • MLS® ID:OC26007472
  • Type: Commercial
  • Year Built:1928

Interior

  • Laundry Room:None

Exterior

  • Stories: 1
  • Water Source: Public, See Remarks
  • Utilities: See Remarks
  • Lot Features:0-1 Unit/Acre, Garden, Greenbelt

Financial

  • SALES PRICE $2,900,000
  • Maintenance Fee $5,000/mo
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Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 201 N Atlantic Boulevard, Alhambra, CA 91801. We are reviewing your request and will be in touch shortly!

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Whether you're a first-time homebuyer, a luxury property enthusiast, or a senior looking to downsize, Diana and her team are here to fulfill all your real estate needs. Don't miss out – contact The Partnership Group today and let them lead you towards your dream home.

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