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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1342 Edgewood, Alhambra – $1,799,000

  • 9 Beds
  • 5 Baths
  • .15 Acres
  • 284 DOM
  • 9 Beds
  • 5 Baths
  • .15 Acres
  • 284 DOM

1342 Edgewood

Prime 5-Unit Investment Opportunity | Alhambra, CA **Exceptional Income Property with Long-Term Upside** Positioned on a 6,615 sq. ft. lot in one of Alhambra’s most desirable and stable rental markets, this well-maintained five-unit apartment property presents an outstanding opportunity for investors seeking both immediate cash flow and future value-add potential. Ideally located north of the I-10 Freeway, the property benefits from excellent bus connectivity and convenient access to Metro and Metrolink transit, placing it within the type of transit-oriented location increasingly sought after by multifamily and redevelopment investors. The property comprises 4,422 sq. ft. of living space with 9 bedrooms and 9 bathrooms, including: Four 2-bedroom, 2-bath units One 1-bedroom, 1-bath unit All units are tenant occupied on month-to-month agreements, offering flexibility for future investment strategies. Each residence includes assigned on-site parking, and water and trash are currently included in the rent. Additional highlights include: Owner-operated on-site laundry room providing supplemental income Strong, established rental market Convenient access to Cal State LA, shopping, dining, Downtown Alhambra, Pasadena, and Downtown Los Angeles Excellent commuter location with nearby public transportation Pro forma rental projections reflecting market rates at the time of listing Potential for additional development or expansion (buyer to verify with the City of Alhambra) Whether you’re expanding an established portfolio or purchasing your first multifamily investment, this property offers a compelling combination of stable income, desirable location, and long-term appreciation potential. Investment opportunities offering this blend of location, income, and future upside are increasingly difficult to find in Los Angeles County.

Essential Information

  • MLS® #CV25241240
  • Price$1,799,000
  • Bedrooms9
  • Bathrooms5.00
  • Acres0.15
  • Year Built1979
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address1342 Edgewood
  • Area601 - Alhambra
  • CityAlhambra
  • CountyLos Angeles
  • Zip Code91803

Amenities

  • Parking Spaces9
  • ParkingAssigned
  • GaragesAssigned
  • ViewNeighborhood
  • PoolNone

Interior

  • CoolingWall/Window Unit(s)
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionZeroToOneUnitAcre
  • RoofComposition

Additional Information

  • Date ListedOctober 17th, 2025
  • Days on Market284

Listing Details

  • AgentStacy Dover
  • OfficeMystic Canyon Real Estate
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Stacy Dover, Mystic Canyon Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of August 5th, 2026 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.