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Rare three-unit investment opportunity in a central Alhambra location near Valley Blvd. Situated on a prominent corner with two separate addresses"”1600 S. Atlantic Blvd. and 912 W. Norwood Pl."”this long-time family-owned property features two detached buildings and approximately $8,400 in current monthly rental income. The front building is a spacious single-family residence, while the rear building is a two-story apartment property with two additional units. A highly functional site layout provides access from Atlantic Blvd., Norwood Pl., and the rear alley, offering convenient parking, flexible entry, and greater separation and privacy for occupants. The rear apartment building also has its own usable outdoor area. Conveniently located near shopping, restaurants, public transportation, and the I-10 Freeway, the property offers strong rental appeal and convenient access for commuters traveling throughout the San Gabriel Valley and toward Downtown Los Angeles. With two detached buildings, multiple access points, existing rental income, and a practical lot configuration, this property presents excellent value-add and long-term investment potential. Opportunities may include future improvements, reconfiguration, or possible expansion, subject to buyer verification and City approval. An exceptional opportunity for investors seeking income, location, and future upside in the heart of Alhambra.
Property Type(s):
Residential Income
| Last Updated | 9/2/2026 | Year Built | 1922 |
|---|---|---|---|
| Community | 601 - Alhambra | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AREA | 601 - Alhambra |
|---|---|
| EXTERIOR | Balcony, Garden, Lighting |
| GARAGE | Yes |
| LOT | 8398 sq ft |
| LOT DESCRIPTION | Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Level, Rectangular Lot |
| LOT DIMENSIONS | 8398 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with RE/MAX Premier Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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