Amazing opportunity in the heart of Alhambra! Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor — this 5-unit income property is ideally located north of the 10 freeway in one of Alhambra’s most desirable and stable rental markets.Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities.
Positioned in a fabulous neighborhood and seton a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 9 bathrooms across five units. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very valuable amenity for tenants in this area.
The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience.
With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.
Listed by Stacy Dover
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License #01768476
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KALEO REAL ESTATE COMPANY
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626-429-7361
Last updated January 28, 2026
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Source: CRMLS #CV25241240
Listing Facts
TypeMulti-family
NeighborhoodFront Street
Days on Prevu97
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/25/2025
Listed by KALEO REAL ESTATE COMPANY
$1,799,000
Property Details for 1342 Edgewood
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 5
Property Attached: Yes
Roof: Composition
Stories: 2
Stories Total: 2
Year Built: 1979
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1,2
Features
View: Neighborhood
Measurements
Building Area Total: 4,422
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.15
Lot Size Area: 6,615
Lot Size Source: Assessor
Lot Size Square Feet: 6,615
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $17,920.00
Taxes
Parcel Number: 5355004011
Other
Location
Tax Lot: 77
Parking
Parking
Carport Spaces: 7
Carport: Yes
Open Parking Spaces: 2
Parking Features: Assigned
Parking Total: 9
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Laundry Features: Common Area, See Remarks
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1342 Edgewood.
Does this multi-family home have parking?
Yes, there are 9 parking spaces available for 1342 Edgewood.
1342 Edgewood is a -bedroom multi-family home for sale in Alhambra CA 91803. Available on Prevu for 97 days at $1,799,000. This residence is located in Alhambra. The median listing price for multi-family homes in this area is $1,230,000. The home offers parking. Browse more multi-family home listings in Alhambra.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.