Listed by Mark Bridge•DRE #01316702• Mark Bridge, Broker
Contact: Mark.Bridge@matthews.com
For sale
$2,000,000
Est. $13,517/mo —
6
bd
•
11 ba
•
4,312
sq ft
1706 S 2nd St, Alhambra, CA 91801
About this home
Can be Sold Together or Separate from 1712 S 2nd St, Alhambra (7 Units). Contiguous building. We are pleased to present a multifamily investment opportunity located at 1706 S 2nd Street in Alhambra, California, within the desirable San Gabriel Valley region of Los Angeles County. Originally constructed in 1912, the property is situated along a tree-lined residential street in an established neighborhood. Historical marketing materials identify the property as part of a 10-unit apartment offering totaling approximately 4,312 square feet of rentable space across 13,500 square feet of land. The unit mix is made up of 1 Two-Bed Two-Bath, 4 One-Bed One Bath, and 5 Non-Conforming Studio units providing diverse housing options. There are 10 parking spaces. Strategically positioned in Alhambra, the property benefits from convenient access to Interstate 10, connecting residents to Downtown Los Angeles, Pasadena, California State University, Los Angeles, and major regional employment centers. The surrounding area features numerous shopping destinations, restaurants, schools, and recreational amenities, supporting the property's residential appeal. 1706 S 2nd Street presents an attractive opportunity to acquire a multifamily asset in an established Southern California market. Its desirable location, accessibility to major employment hubs, and proximity to everyday amenities provide a strong foundation for long-term investment stability.
Garfield Avenue, located between Main Street and Valley Boulevard, is a residential and commercial Alhambra neighborhood with a walkable corridor and a steady, street-level dining scene. The neighborhood’s character concentrates around Garfield Ave and Main St, where sidewalk bakeries, boba counters, and late-night noodle houses keep the blocks active. Community pillars include Alhambra Farmers Market, Edwards Alhambra Renaissance Stadium, and The Hat for a classic local bite. Housing reads as mid-century apartments and compact single-family streets with mature trees. Daily life follows the boulevard grid, with pocket parks and civic buildings close by. The feel is practical, polished, and oriented around errands, meals, and movies.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Garbage disposal, range hood, gas range, and gas oven
Laundry & utility
Community laundry
Laundry facilities in the carport
Heating & cooling
Wall heater
Wall/window cooling
Exterior features
Lawn
Home design
Two stories
Parking
Attached carport
Shared driveway
Five parking spaces
Construction
Composition shingle roof
Utilities
Public sewer
Public water
Natural gas and electricity connected
Telephone service on property
HOA & community
Street lighting, storm drains, and sidewalks
Financial info
Ten units across three buildings, all leased
Gross scheduled income: $151,534
Gross operating income: $147,024
Net operating income: $95,866
Operating expenses: $51,158
Laundry income: $1,200
Tenants pay gas and electricity
Electricity and solar
View estimated energy costs and solar savings for this home
Architectual Craftsman situated in a shady, tree-lined street. Property consists of two legal parcels (APN 5357-010-002 and 5357-010-024). Assesors records indicate parcel no. 5357-010-002 was built in 1949. Assesor records also indicate that there are 12 units. Main house has been subdivided into four additional units. Buyer to verify permits. Conveniently located to Main street, shopping areas, and buslines.
CRMLS #W300511
Mar 29, 2003
Listing Removed
—
Jan 29, 2003
Listed
$1,200,000
$278/sq ft
CRMLS #W215607
Jul 24, 2002
Listing Removed
—
Apr 30, 2002
Listed
$1,200,000
$278/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,557 (+3.2%)
$468,954 + $180,359
$649,313
2024
$9,263 (−0.8%)
$459,759 + $176,823
$636,582
2023
$9,333 (+4.2%)
$450,745 + $173,356
$624,101
2022
$8,958 (+1.1%)
$441,907 + $169,957
$611,864
2021
$8,860 (+0.5%)
$433,243 + $166,625
$599,868
2020
$8,818 (+2.6%)
$424,749 + $163,358
$588,107
2019
$8,594 (+1.9%)
$420,394 + $161,683
$582,077
2018
$8,438 (+1.8%)
$412,151 + $158,513
$570,664
2017
$8,288 (+6.7%)
$396,148 + $152,358
$548,506
2016
$7,770 (+1.4%)
$396,148 + $152,358
$548,506
2015
$7,666 (+0.8%)
$388,381 + $149,371
$537,752
2014
$7,607 (+1.4%)
$375,055 + $144,246
$519,301
2012
$7,503 (+2.3%)
$373,360 + $143,595
$516,955
2011
$7,338 (+2.8%)
$366,040 + $140,780
$506,820
2010
$7,139 (+2.3%)
$358,863 + $138,020
$496,883
2009
$6,980 (+3.1%)
$356,181 + $136,989
$493,170
2008
$6,769
$357,028 + $137,315
$494,343
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,209
Year built
1912
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5357010024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
RM
Residential Medium Density District
The RM Zone is intended to provide for a variety of housing types at densities up to 18 dwelling units per acre. Housing types in this Zone include detached single-unit dwellings, duplexes, triplexes, and other medium density housing types. Other compatible uses appropriate in a medium density residential environment are allowed. The RM Zone implements the Medium Residential Density General Plan land use designation.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 99° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Alhambra, CA • 91801
Average low and high temperatures (°F)
70
48
72
51
74
54
73
54
76
58
81
61
86
65
89
66
85
66
80
58
72
52
70
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1706 S 2nd St
There isn’t enough information to generate an accurate estimate at this time. Learn More