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  • 1010 S Atlantic Boulevard

1010 S Atlantic Boulevard, Alhambra, CA 91803

$6,000,000 Approx. USD 40 beds, 20 baths
19,612 sqft
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Photo of Liz Milan

Liz Milan REALTOR® - Sales Associate 818-516-3244 m
626-440-5100 o
Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com Text Me
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Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
 Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Listing Agent


Alexander Metaxas | ametaxas@riacre.com
Lic#: 01784652
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 6264874300

Co Listing Agent


Bo Hyeok Kim | bokim@compass.com
Lic#: 01968218
Broker: Courtesy of Compass
Phone: 213-588-3629

Agent Remarks

RIA and Compass are pleased to offer for sale a well-located 20-unit courtyard-style apartment community in the City of Alhambra, just north of Valley Blvd. The property features spacious units with a desirable mix of 5 - 3Bed+1.5bath, 4 - 2Bed+1.5bath, 8 - 2Bed+1bath, 2 - 1Bed+1bath units and studio appealing to long-term tenants and supporting strong, stable occupancy. The classic courtyard design creates a welcoming, community-oriented feel with a fountain water feature and strong curb appeal. Solid in place rents offer an investor nearly a 5% cap on a well-maintained property. A major highlight of the property is the 37 on-site parking spaces and an enclosed 2-car garage that can used for storage or parking. Seismic retrofitting of the tuck under soft-story parking has been completed. The ample parking, combined with the efficient layout and strong unit mix, positions this asset as a compelling long-term hold or value-add investment. On-site laundry room and the community courtyard vibe add to the appeal for the residents.There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. This is a rare opportunity to acquire a well-sized, professionally appealing multifamily asset in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 26649001
Price: $6,000,000
Beds: 40
Baths: 20
Built in 1968
19,612 sqft
0.61 acres
Lot size: 0.6135
County: Los Angeles
Zoning: ALRPD*
Parking description: Covered,Driveway,Side By Side
MLS area: 601 - Alhambra

Last Updated: 6/11/2026

 Days On Market (DOM): 83

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This listing belongs to the 601 - Alhambra MLS area

Lat/Long: 34.081053, -118.134129.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Liz Milan

Liz Milan REALTOR® - Sales Associate 818-516-3244 m
626-440-5100 o
Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com
Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
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