This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$1,799,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
LOOK AT THIS LOT! OUTSTANDING POTENTIAL!!!! Large lot of 6,615! With BUS CONNECTIVITY & ACCESS TO NEARBY METRO/METROLINK lines, Edgewood sits within the type of TRANSIT CONNECTED LOCATION increasingly sought after by multifamily and redevelopment investors. This is the property you've been waiiting for! Prime 5-Unit Investment Opportunity to add extra value to any investment portfolio! An exceptional opportunity for the savvy investor - this 5-unit income property is ideally located north of the 10 freeway in one of Alhambra's most desirable and stable rental markets. All units are occupied with month to month tenants. Positioned in a high-demand neighborhood, the complex is conveniently close to Cal State LA, local schools, shopping, dining, and major employment hubs in Downtown Alhambra, Pasadena, and Downtown Los Angeles. Proforma reflects current market value at the time of the listing. All tenants have assigned parking, water and trash are included in the rent. This is a FANTASTIC opportunity and a great start for the new investor looking at multi-unit opportunities.
Positioned in a fabulous neighborhood and set on a 6,615 sq. ft. lot, this property offers 4,422 sq. ft. of total living space with 9 bedrooms and 9 bathrooms across five units. There are four * 2 bed/2 bath units* and one *1 bed/1 bath*. All are spaciously appointed with large living rooms and each unit enjoys on-site assigned parking, a very valuable amenity for tenants in this area. Potential for additional units must be verified with the city.
The property also features an **on-site laundry room** with owner-operated machines, providing additional income potential and tenant convenience.
With consistent rental demand, a prime commuter location, and solid fundamentals, this Alhambra property presents a rare opportunity to acquire a turnkey asset with long-term upside. Looking for a stable, income-producing property in a proven Los Angeles County market? This one checks all the boxes.
Full Property Details
Full Property Details for 1342 Edgewood
General
- Price: $1,799,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV25241240
- Updated: 6/17/2026
- Days on Market: 262 days
- Added to Site: 262 day(s) ago
Rooms
Other Rooms
- Laundry: See Remarks, 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: E. Fremont, South of Mission, W. Marengo
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Roof: Composition
- Entry Location: 12
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,422
- Year Built: 1979
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1519
- Lot Size (Sq. Ft.): 6,615
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $406.83
- Price Per Unit: 359800
Listed by Stacy T. Dover, Broker, Stacy Dover
Get Pre-Approved Today
Schools
Schools serving 1342 Edgewood
School District:Alhambra Unified School District
| Name | Grades | Distance |
|---|---|---|
Fremont Elementary School, Alhambra, CA 2001 Elm Street, Alhambra, CA 91803 | K-8 | 0.5 mi |
Alhambra High School 101 South 2nd Street, Alhambra, CA 91801 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1342 Edgewood
Date
Details
Price
Change
Source
10/25/2025
Listed
$1,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1342 Edgewood
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,514
3%
$1,662,911
2%
2024
$20,892
1%
$1,630,306
2%
2023
$20,731
5%
$1,598,340
221%
2022
$19,763
162%
$497,821
2%
2021
$7,553
—
$488,060
1%
2020
$7,517
3%
$483,056
2%
2019
$7,330
1%
$473,585
2%
2018
$7,265
2%
$464,300
2%
2017
$7,131
7%
$455,197
2%
2016
$6,688
1%
$446,273
2%
2015
$6,600
1%
$439,570
2%
2014
$6,554
—
$430,960
—
2013
$6,535
—
$429,013
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1342 Edgewood
1342 Edgewood, Alhambra, CA 91803 (MLS# CV25241240) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1342 Edgewood is currently listed for $1,799,000 and was received on October 25, 2025. Want to learn more about 1342 Edgewood? 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.

