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Prime Alhambra Parking-Rich 7-Unit 2745 S Fremont Ave 7 Unit Apartment Building $2,100,000 ($300,000/Unit) 5.15% Cap Rate Alhambra, CA 91803



Investment Highlights
- Prime Alhambra Location - Centrally located near Valley Blvd with convenient access to major retail corridors, dining destinations, I-10, I-710, SR-60
- Rental Upside Potential - Three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent
- ADU Potential (Buyer to Verify) - Additional income opportunity through future accessory dwelling unit development
- Stable Cash Flow - Consistent occupancy with long-term tenants providing reliable in-place income
- Two (2) Parking Spaces Per Unit - Each unit includes garage + driveway parking—a rare amenity that drives tenant demand and premium rents
- High-Demand Rental Submarket - Located in the San Gabriel Valley, one of the most resilient multifamily markets in Los Angeles County
Executive Summary
CHANG INVESTMENT GROUP is proud to present the opportunity to purchase 2745 S Fremont Ave, Alhambra, a 7 units multifamily investment property situated in a highly desirable pocket of Alhambra, in the heart of the San Gabriel Valley. The property benefits from exceptional accessibility to major thoroughfares including Valley Blvd and the I-10, I-710 and SR-60 freeways, placing residents within minutes of premier dining, retail, Cal State LA, and employment hubs throughout Alhambra, Monterey Park, and Downtown Los Angeles.
The property has demonstrated stable in-place income with long-term tenants, offering investors immediate cash flow with the opportunity to organically increase rents to market over time. Currently there are three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent. Additionally, the layout and lot configuration may present ADU potential (buyer to verify), providing a clear path to further increase income and overall asset value.
With a total building size of ±4,046 SF sitting on a ±8,919 SF lot, the asset consists of 7 well-maintained units with an efficient unit mix of six (6) 1 Bed / 1 Bath, and one (1) 2 Bed / 1 Bath. Each unit is thoughtfully designed and benefits from two (2) dedicated parking spaces (garage + driveway)—a rare and highly desirable amenity that significantly enhances tenant appeal and retention. The buildings are well-maintained featuring: wood and tile flooring, copper plumbing, private storage units, private patio (for the 2-bedroom unit). The onsite laundry room generates additional income.
With its combination of prime location, strong rental fundamentals, parking-rich configuration, and future upside, 2745 S Fremont Ave represents an ideal acquisition for both seasoned investors and those seeking a stable long-term hold in a high-demand rental market.
Investment Highlights
• Prime Alhambra Location - Centrally located near Valley Blvd with convenient access to major retail corridors, dining destinations, and the I-10, I-710 and SR-60 freeways
• Strong Unit Mix – Six (6) 1 Bed / 1 Bath, and One (1) 2 Bed / 1 Bath
• Stable Cash Flow - Consistent occupancy with long-term tenants providing reliable in-place income
• Rental Upside Potential - Three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent
• Two (2) Parking Spaces Per Unit - Each unit includes garage + driveway parking—a rare amenity that drives tenant demand and premium rents
• ADU Potential (Buyer to Verify) - Additional income opportunity through future accessory dwelling unit development
• High-Demand Rental Submarket - Located in the San Gabriel Valley, one of the most resilient multifamily markets in Los Angeles County
Note: Buyer to verify all information herein. Broker/Agent and Seller do not guarantee its accuracy. Cap rate & GRM are based on proforma/market rent.
The property has demonstrated stable in-place income with long-term tenants, offering investors immediate cash flow with the opportunity to organically increase rents to market over time. Currently there are three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent. Additionally, the layout and lot configuration may present ADU potential (buyer to verify), providing a clear path to further increase income and overall asset value.
With a total building size of ±4,046 SF sitting on a ±8,919 SF lot, the asset consists of 7 well-maintained units with an efficient unit mix of six (6) 1 Bed / 1 Bath, and one (1) 2 Bed / 1 Bath. Each unit is thoughtfully designed and benefits from two (2) dedicated parking spaces (garage + driveway)—a rare and highly desirable amenity that significantly enhances tenant appeal and retention. The buildings are well-maintained featuring: wood and tile flooring, copper plumbing, private storage units, private patio (for the 2-bedroom unit). The onsite laundry room generates additional income.
With its combination of prime location, strong rental fundamentals, parking-rich configuration, and future upside, 2745 S Fremont Ave represents an ideal acquisition for both seasoned investors and those seeking a stable long-term hold in a high-demand rental market.
Investment Highlights
• Prime Alhambra Location - Centrally located near Valley Blvd with convenient access to major retail corridors, dining destinations, and the I-10, I-710 and SR-60 freeways
• Strong Unit Mix – Six (6) 1 Bed / 1 Bath, and One (1) 2 Bed / 1 Bath
• Stable Cash Flow - Consistent occupancy with long-term tenants providing reliable in-place income
• Rental Upside Potential - Three (3) vacant units, allowing investors to upgrade the units and lease up at premium market rent
• Two (2) Parking Spaces Per Unit - Each unit includes garage + driveway parking—a rare amenity that drives tenant demand and premium rents
• ADU Potential (Buyer to Verify) - Additional income opportunity through future accessory dwelling unit development
• High-Demand Rental Submarket - Located in the San Gabriel Valley, one of the most resilient multifamily markets in Los Angeles County
Note: Buyer to verify all information herein. Broker/Agent and Seller do not guarantee its accuracy. Cap rate & GRM are based on proforma/market rent.
Property Facts
| Price | $2,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $300,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 5.15% | Building Size | 4,046 SF |
| Gross Rent Multiplier | 13.09 | Average Occupancy | 57% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1959/2026 |
| Property Subtype | Apartment | Parking Ratio | 2.33/1,000 SF |
| Zoning | RPD, Alhambra | ||
| Price | $2,100,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 5.15% |
| Gross Rent Multiplier | 13.09 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,046 SF |
| Average Occupancy | 57% |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2026 |
| Parking Ratio | 2.33/1,000 SF |
| Zoning | RPD, Alhambra |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 532 |
| 2+1 | 1 | - | 854 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 5353-019-003 | Improvements Assessment | $957,208 |
| Land Assessment | $783,171 | Total Assessment | $1,740,379 |
Property Taxes
Parcel Number
5353-019-003
Land Assessment
$783,171
Improvements Assessment
$957,208
Total Assessment
$1,740,379
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Prime Alhambra Parking-Rich 7-Unit | 2745 S Fremont Ave
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