Investors: this is a solid San Gabriel Valley opportunity worth a close look. Located at 1501 S 4th Street in Alhambra 91803, this 8-unit apartment property features a total of 11 bedrooms, 9 bathrooms, 2 garage spots + 7 covered carports. This offering is a well-balanced unit mix that appeals to a broad renter base. In addition there is three 3 washer/dryer set up (with space to add more). The property offers market-rate in-place income with additional upside, appealing to investors seeking a balanced mix of cash flow and long-term appreciation. The building has been freshly painted on the exterior, roof has been new within the last three years, electrical and plumbing was update and balcony are certified. Cap rate just over 5% — already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential.
Situated in the heart of the San Gabriel Valley, the property benefits from excellent freeway access, with quick connections to the I-10 Freeway for easy commutes west to Downtown Los Angeles and West LA, or east toward Hacienda Heights and surrounding SGV employment centers. This central location makes the property highly attractive to tenants seeking convenience, accessibility, and affordability relative to neighboring submarkets.
Residents enjoy proximity to Alhambra’s vibrant dining scene, shopping, schools, and everyday services, while still being within reach of major job hubs throughout Los Angeles County. The area’s consistent tenant demand and strong fundamentals support stable occupancy and long-term value appreciation.
Solid in-place income. Clear upside. Proven rental location. Opportunities like this in the core of the San Gabriel Valley don’t come up often—a well-positioned multifamily asset for investors seeking stability with growth potential.
Listed by ANDREW LUONG
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License #02040575
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RICHTOWN REALTY
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626-466-7111
Last updated January 27, 2026
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Source: CRMLS #WS26001274
Listing Facts
TypeMulti-family
NeighborhoodRamona Park
Days on Prevu25
Amenities
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
01/05/2026
Listed by RICHTOWN REALTY
$2,895,000
Property Details for 1501 S 4th Street
Association
Amenities
Community Features: Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Exterior
Construction
Number Of Units Total: 8
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1962
Common Walls: 1 Common Wall,No One Above
Entry Level: 1
Entry Location: Street
Measurements
Building Area Total: 4,906
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.20
Lot Size Area: 8,871
Lot Size Source: Assessor
Lot Size Square Feet: 8,871
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.26
Operating Expense: $43,770.00
Taxes
Parcel Number: 5357006022
Interior
Features
Appliances: Dryer, Washer
Other
Location
Tax Block: 17
Tax Lot: 10
Parking
Parking
Carport Spaces: 7
Carport: Yes
Garage Spaces: 2
Garage: Yes
Parking Total: 9
Utilities
Equipment
Laundry Features: Common Area, Outside
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 1501 S 4th Street.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 1501 S 4th Street.
How does 1501 S 4th Street compare to other multi-family homes in Ramona Park?
This multi-family home is listed 103% above the average price for multi-family homes in Ramona Park and has been on the market for 392 less days than the typical home in this area.
1501 S 4th Street is a -bedroom multi-family home for sale in Alhambra CA 91803. Listed on Prevu for 25 days at $2,895,000. This property is located in Alhambra. The median listing price for multi-family homes in this area is $1,428,888. Additional amenities include parking and washer/dryer. 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.