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2721 S Fremont Ave, Alhambra, CA, 91803

4beds
4baths
2,230sqft
$1,288,000
$578price/sqft
$9,086/moest. monthly cost
$363,440/yrincome needed

About This Home

**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.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

8/10
8/10
Alhambra High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Gas Oven,Water Heater
  • Laundry features: None

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Ceiling Fan(s),All Bedrooms Down
  • Flooring: Carpet,Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Gravity
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,230
  • Total interior livable area: 2,230 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 5353019006
  • Attached to another structure: Yes
  • Special condition: Trust

Features

  • Levels: One
  • Stories: 1
  • Entry location: front
  • Pool features: None
  • Spa features: None

Lot

  • Lot size: 7,331 sqft
  • Features: 0-1 Unit/Acre,Sprinklers In Front

Parking

  • Total spaces: 4
  • Parking features: Carport
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,512$78,144
Home Insurance *$147$1,764
Property Taxes $1,949$23,388
Electricity $478$5,738
Total$9,086$109,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,520/yr
40% on housing$272,580/yr
45% on housing$242,293/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$578This listing

vs Other Active Listings

Avg $/sqft

ZIP 91803$474
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 91803$708
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-30Listed for sale$1,288,000

For Sale by Agent

AgentPamela DelRey
BrokerageArt Del Rey Realty, Inc.

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