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$5,600,000
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Property Description
Discover an exceptional investment opportunity in North Alhambra, CA, with this 18-unit apartment complex plus an approved, ready-to-build 1-unit ADU, just two blocks from vibrant Downtown Alhambra. Featuring spacious units with large balconies, 38 subterranean parking spaces, central air, updated plumbing, and an elevator, this secured building offers modern comfort and significant upside potential. Perfectly situated within walking distance to City Hall, shopping, restaurants, and parks, this property combines prime location with convenience, making it an ideal choice for savvy investors or developers looking to capitalize on Alhambra's thriving market.
Full Property Details
Full Property Details for 120 W Grand Ave
General
- Sold For: $5,600,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR25081428
- Added to Site: 277 day(s) ago
Interior
- Interior Features: Balcony
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: 601 - Alhambra
- County: Los Angeles
- Development Name: 601 - Alhambra
- Driving Directions: 2nd St & Grand Ave.
- Direction Faces: North
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 19
Structural Information
- Roof: Composition
- Doors: Atrium Doors
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 23,237
- Year Built: 1971
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.4021
- Lot Size Source: Assessor
- Zoning: ALRPD*
- Lot Description: 16-20 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $240.99
- Price Per Unit: 333333
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Schools
Schools serving 120 W Grand Ave
School District:Alhambra Unified School District
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Alhambra, CA 110 West McLean Street, Alhambra, CA 91801 | K-8 | 0.2 mi |
Alhambra High School 101 South 2nd Street, Alhambra, CA 91801 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 W Grand Ave
Date
Details
Price
Change
Source
8/12/2025
Sold
$5,600,000
-6.67%
MLS
4/15/2025
Listed
$6,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
120 W Grand Avenue, Alhambra, CA 91801 (MLS# AR25081428) is a Multi-Family property that was sold at $5,600,000 on August 12, 2025. This property was listed by Matt Ly from our Arcadia Office.Want to learn more about 120 W Grand Avenue? Do you have questions about finding other Multi-Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.


