2121 El Paseo, Alhambra, CA, 91803
About This Home
Rare find with high income potential, a unique opportunity to acquire the 8 unit apartment building located in Alhambra, CA. 2121 El Paseo is close to key amenities including shopping, restaurants and coveted beaches, this building will attract high-income tenants looking for a vibrant downtown lifestyle. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to one’s real estate investment portfolio and/or a great 1031 Exchange.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1989
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 19
- Bathrooms: 16
Features
- Fireplace features: Family Room,Living Room
- Fireplace: Yes
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Wall/Window Unit(s)
Interior Area
- Total structure area: 7,389
- Total interior livable area: 7,389 sqft
Property
Details
- Parcel number: 5352025024
- Attached to another structure: Yes
- Zoning: ALRPD*
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 2
- Pool features: None
Lot
- Lot size: 0.28 Acres
- Features: 6-10 Units/Acre,Sprinkler System
Parking
- Total spaces: 8
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 8
- Covered spaces: 8
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
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,068 | $180,816 |
| Home Insurance * | $340 | $4,080 |
| Property Taxes | $1,663 | $19,956 |
| Electricity | $1,584 | $19,013 |
| Total | $18,655 | $223,860 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $2,980,000 |
| 2025-08-14 | Listed for sale | $3,280,000 |
View on Zillow