About this home

**2721-2723 S. Fremont Ave., Alhambra** An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units, this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment. The property features four on-site carport parking spaces-one assigned to each unit-as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit. Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system. Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby. This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.

Facts and features

Schools

• Fremont Elementary School

  elementary · K-8 · 0.7 mi

  8

• Alhambra High School

  high · 9-12 · 2.4 mi

  8

• St. Thomas More Catholic Elementary School

  elementary · K-8 · 0.2 mi

• Monterey Highlands Elementary School

  elementary · K-8 · 0.6 mi

  10

• Ramona Convent Secondary School

  high · 9-12 · 0.9 mi

• Ynez Elementary School

  elementary · K-8 · 1.0 mi

  8

Price history

• Sep 24, 2026 · Price Changed$1,048,000
• Aug 23, 2026 · Price Changed$1,198,000
• Jun 30, 2026 · Listed$1,288,000

Tax history

• 2025$3,572 tax · $200,248 assessed
• 2024$3,475 tax · $196,322 assessed
• 2023$3,595 tax · $188,701 assessed
• 2022$3,467 tax · $185,002 assessed
• 2021$3,420 tax · $181,376 assessed
• 2020$3,406 tax · $179,518 assessed
• 2019$3,330 tax · $175,999 assessed
• 2018$3,194 tax · $172,549 assessed

Home value

$1,038,000

• Collateral Analytics$1,038,000

Where it is