About this home

Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses-1600 S. Atlantic Blvd. and 912 W. Norwood Pl.-this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income. The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants. The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles. With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra.

Facts and features

Schools

• Ramona Elementary School

  elementary · K-8 · 0.3 mi

  10

• Alhambra High School

  high · 9-12 · 1.2 mi

  8

• Ramona Convent Secondary School

  high · 9-12 · 0.4 mi

• Marguerita Elementary School

  elementary · K-8 · 0.3 mi

  8

• Alpha-Shen's Pre School

  elementary · K · 0.5 mi

• Alpha-Shen Kindergarten

  elementary · K · 0.5 mi

Price history

• Sep 3, 2026 · Listed$1,350,000
• Dec 20, 1972 · Sold$58,000

Tax history

• 2025$21,660 tax · $1,775,399 assessed
• 2024$21,015 tax · $1,740,588 assessed
• 2023$15,116 tax · $1,706,460 assessed
• 2022$2,479 tax · $119,155 assessed
• 2021$2,440 tax · $116,819 assessed
• 2020$2,429 tax · $115,622 assessed
• 2019$2,381 tax · $113,355 assessed
• 2018$2,258 tax · $111,133 assessed

Home value

$1,336,000

• Collateral Analytics$1,336,000

Where it is