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Millman Team Real Estate

$1,288,000
0.17 Acre Lot

2721 S Fremont, Alhambra, California 91803

  • Residential Income Property Type
  • Carport Cars Garage
  • 1950 Year Built
Property Description

**2721–2723 S. Fremont Ave., Alhambra** An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units,   this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment. The property features four on-site carport parking spaces—one assigned to each unit—as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit. Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system. Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby. This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley’s most desirable rental markets.

Basic Details
Residential Income
For Sale
AR26141592
$1,288,000
1950
0.17 Acre
Active
1
Quadruplex
: Composition
Features
: None
: Gravity
: Wall/Window Unit(s)
: None
: Carport
: Traditional
4.0
: Carpet, Vinyl
: All Bedrooms Down, Ceiling Fan(s)
: None
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
$0
Appliances
: Gas Oven, Water Heater
Address Map
CA
Los Angeles
Alhambra
91803
Fremont
2721
W119° 51' 12.7''
N34° 3' 41.5''
S/10 freeway N/Monterey Pass Road
601 - Alhambra
S
Additional Information
$0
$0
$0
$0
$0
: None
2230
: Street Lights, Curbs
: Stucco
1
: Slab
: One
: 0-1 Unit/Acre, Sprinklers In Front
4
2026-06-29
1
1
: Public
Broker/Agent Information
Art Del Rey Realty, Inc.
Pamela DelRey
Listing Information
A31279
3117
Cash, Cash to New Loan
Active
2026-06-30T13:28:55Z
CRMLS
: Trust
2026-06-29T17:35:42Z
Agent info
Ray Millman
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