28 Los Higos Street, Alhambra, California 91801, Alhambra, 91801 - bed, bath

28 Los Higos Street, Alhambra, California 91801 home-pic-0
ACTIVE UNDER CONTRACT$1,598,000
28 Los Higos Street, Alhambra, California 91801
0Bed
0Bath
3,158Sqft
8,102Lot
Year Built
1946
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
WS25266669
Home ConditionFair
Features
Good View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.60M(83th), sqft - 3158(92th), beds - undefined(50th), baths - undefined(50th).

A rare and highly sought-after 4-unit configuration in the heart of Alhambra, one of the most popular and stable property types for long-term investment. This well-maintained asset offers strong and steady cash flow with long-term, reliable tenants and very low turnover. Current actual monthly rent income is $10,697 with all lease and documentation, significantly higher than many neighboring comparables. This 4-unit property has been thoughtfully maintained and managed by the owner, keeping it in decent condition. All units enjoy great natural light and functional layouts, and three units have in-unit laundry, making them consistently appeal to renters. The property features two buildings: a standalone front house and a rear triplex, all situated on a wide driveway with easy access and practical parking, ideal for simple, low-maintenance management. Located in a quiet, established neighborhood, this property provides exceptional convenience, Minutes to Downtown LA, perfect for commuter tenants, Close to Pasadena, San Gabriel Valley job centers, and major freeways. Walking distance to parks, schools, and shopping. Situated in one of Alhambra’s safe and well-kept residential pockets. With solid rental income, stable tenancy, and a prime location in the steadily growing and well-planned city of Alhambra, this 4-unit offering is a rare chance to own an investment or live in the front Singal house that performs well today and holds long-term value for the future.

Price History

Date
Event
Price
12/04/25
Listing
$1,598,000
Condition Rating
Fair

Built in 1946, this property is described as 'well-maintained' and in 'decent condition,' indicating it is functional and livable. However, the listing explicitly states that interiors are 'not necessarily modern or recently renovated' and highlights the 'Age of Property' as a weakness, implying potential future capital expenditures on older systems. Without interior photos of kitchens and bathrooms, it's reasonable to assume these areas are dated, consistent with a property of this age that has undergone regular upkeep but not extensive recent modernization. It requires minor updates to meet current aesthetic standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Strong Investment Profile: A rare and highly sought-after 4-unit configuration, recognized as a stable property type for long-term investment in the heart of Alhambra.
Exceptional Cash Flow & Tenancy: Offers strong and steady cash flow with long-term, reliable tenants, very low turnover, and a current monthly rent income of $10,697, significantly higher than comparables.
Prime & Convenient Location: Located in a quiet, established, and safe Alhambra neighborhood, minutes from Downtown LA, Pasadena, San Gabriel Valley job centers, major freeways, parks, schools, and shopping.
Well-Maintained with Desirable Unit Features: Thoughtfully maintained by the owner in decent condition, with all units featuring great natural light, functional layouts, and three out of four units offering in-unit laundry.
Flexible Ownership Opportunity: Presents a rare chance for either a pure investment property or an owner-occupant to live in the standalone front house while generating income from the other units.

Cons

Age of Property: Built in 1946, the property's age may imply potential for future capital expenditures on older systems (plumbing, electrical, roof) not explicitly detailed as recently upgraded.
Inconsistent In-Unit Laundry: While three units have in-unit laundry, one unit lacks this desirable amenity, which could slightly impact its rental appeal or market value compared to the others.
General Condition vs. Modernization: Described as being in 'decent condition,' which suggests functional but not necessarily modern or recently renovated interiors across all units, potentially limiting top-tier rent growth without further upgrades.

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