Date
Details
Price
Change
Source
4/10/2026
Listed
$7,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$7,250,000 Just Listed
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Property Description
36-Unit Downtown Alhambra Asset Positioned for Immediate NOI Expansion via Lease-Up and Expense Normalization. The Property is transitioning from a 2025 operational reset into stabilized performance following strategic capital improvements and lease-up activity.
In 2025, the Property had a vacancy rate of 25.89% and generated $238,588 in Net Operating Income, yielding a cap rate of 3.29%. Current occupancy is 94%. Based on current occupancy, the pro forma cap rate is 5.01%.
As of April 1, 2026, the vacancy has been reduced to 2 units, reflecting strong leasing momentum and improving cash flow. One unit is currently configured as office space, with the option to convert to a 1-bedroom ( allow the buyer to choose).
Property has 26.5 off-street covered parking spaces (0.5 is designated motorcycle parking); on-street parking is available from the city for $70 per year per space.
On-site laundry facilities provided, machines provided by WASH. WASH maintains the machines and pays the owner a percentage of the monthly revenue. 3 washing machines, 3 dryers are on the property.
Full Property Details
Full Property Details for 30 N 1st St
General
- Price: $7,250,000
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: CV26077738
- Updated: 4/10/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Business
- Business Type: Multi-Tenant
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Individual Room
Location
- County: Los Angeles
- Building Name: BURKE APARTMENTS
- Driving Directions: MAIN STREET TO FIRST STREET.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Structural Information
- # Buildings: 36
- Roof: Tile
- Entry Floor Number: 2
- Stories/Levels: 2
- Building Size: 13875
- Square Feet: 13,875
- Current Bldg. Use: Multi-Family
- Year Built: 1956
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.56
- Useable Acres: .56
- Lot Size (Sq. Ft.): 24,393
- Lot Size Source: Other
- Lot Features: 36-40 Units/Acre, Front Yard, Lot 20000-39999 Sqft
- Lot Description: 36-40 Units/Acre, Front Yard, Lot 20000-39999 Sqft
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $522
Disclosures and Reports
- Exclusions: ALL TENANTS PERSONAL ITEMS
- Investment: Yes
- Property ID: 5337019022
Listed by Century 21 Citrus Realty Inc, LisaPimentel
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Listing agent
— 30 N 1st St —
LisaPimentel
Century 21 Citrus Realty Inc
626-391-2149
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 30 N 1st St
School District:Alhambra Unified School District
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Alhambra, CA 110 West McLean Street, Alhambra, CA 91801 | K-8 | 0.5 mi |
Alhambra High School 101 South 2nd Street, Alhambra, CA 91801 | 9-12 | 0.2 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 30 N 1st St
Estimate the Cost
Estimate the Cost for 30 N 1st St
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- Updated 3 days ago
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- Single Family
- Closed
- Updated 1 day ago
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Listed by Carol Chua (CalRE#: 00908699)
30 N First Street, Alhambra, CA 91801 (MLS# CV26077738) is a Commercial Multi-Family property. 30 N First Street is currently listed for $7,250,000 and was received on April 10, 2026. Want to learn more about 30 N First Street? Do you have questions about finding other Commercial 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.