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2121 El Paseo

Alhambra, CA 91803
  • $2,980,000
  • STATUS: Active Under Contract
  • ON SITE: 424 Days
  • ID#: AR25183409
Under Contract
$2,980,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Qing Song Huang of Boulder Realty Inc (626-408-0888)


Description

Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-13T00:27:57.67. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/166889535
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2121 El Paseo Alhambra, CA 91803

  • Price: $2,980,000
  • Status: Active Under Contract
  • On Site: 424 Days
  • ID#: AR25183409
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1989
Built
Neighborhood:
601 - Alhambra
County:
Los Angeles
Area:
601 - Alhambra
Property Description
Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.
Exterior Features

Entry Level 1 Entry Location 2 Lot Features 6-10 Units/AcreSprinkler System Number Of Separate Electric Meters 9 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features Family RoomLiving Room Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 780 Fuel Expense 0 Garage YN Yes Gross Income 1500 Gross Scheduled Income 197280 Insurance Expense 11000 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 129718 New Construction YN No New Taxes Expense 41000 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 69062 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3000 Water Sewer Expense 8100 Water Source Public Zoning ALRPD*



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-13T00:27:57.67. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Qing Song Huang of Boulder Realty Inc (626-408-0888)