1501 S 4th St

Alhambra, CA 91803

$2,895,000
Price
11
Beds
9
Baths
4,906 Sq. Ft.
$590 / Sq. Ft.
4,906
Sq. Ft.
$590
per Sq. Ft.
a house view with a garden space
a front view of a house with a garden
a view of entryway and hall
a view of a balcony

Description

Investors: this is a solid San Gabriel Valley opportunity worth a close look. Located at 1501 S 4th Street in Alhambra 91803, this 8-unit apartment property features a total of 11 bedrooms, 9 bathrooms, 2 garage spots + 7 covered carports. This offering is a well-balanced unit mix that appeals to a broad renter base. In addition there is three 3 washer/dryer set up (with space to add more). The property offers market-rate in-place income with additional upside, appealing to investors seeking a balanced...Investors: this is a solid San Gabriel Valley opportunity worth a close look. Located at 1501 S 4th Street in Alhambra 91803, this 8-unit apartment property features a total of 11 bedrooms, 9 bathrooms, 2 garage spots + 7 covered carports. This offering is a well-balanced unit mix that appeals to a broad renter base. In addition there is three 3 washer/dryer set up (with space to add more). The property offers market-rate in-place income with additional upside, appealing to investors seeking a balanced mix of cash flow and long-term appreciation. The building has been freshly painted on the exterior, roof has been new within the last three years, electrical and plumbing was update and balcony are certified. Cap rate just over 5% — already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential. Situated in the heart of the San Gabriel Valley, the property benefits from excellent freeway access, with quick connections to the I-10 Freeway for easy commutes west to Downtown Los Angeles and West LA, or east toward Hacienda Heights and surrounding SGV employment centers. This central location makes the property highly attractive to tenants seeking convenience, accessibility, and affordability relative to neighboring submarkets. Residents enjoy proximity to Alhambra’s vibrant dining scene, shopping, schools, and everyday services, while still being within reach of major job hubs throughout Los Angeles County. The area’s consistent tenant demand and strong fundamentals support stable occupancy and long-term value appreciation. Solid in-place income. Clear upside. Proven rental location. Opportunities like this in the core of the San Gabriel Valley don’t come up often—a well-positioned multifamily asset for investors seeking stability with growth potential.

Property Details for 1501 South 4th Street

Parking Spaces Total
9
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4906
Assessor Parcel Number
5357-006-022
Property Attached YN
true
LISTING UPDATED: 01/05/2026 10:48 AM

Property Details for 1501 South 4th Street

StatusActive
MLS #WS26001274
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1962
CountyLos Angeles County

Location

Listing Courtesy of RICHTOWN REALTY, ANDREW LUONG, DRE #02040575
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Building Information for 1501 South 4th Street

Building/Complex1501 S 4th StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1962Building Size-

Payment Calculator

$15,604 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,110

Property Taxes

$1,494

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 South 4th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Other
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $195,924
  • Net Operating Income: $152,154
  • Cap Rate: 5.26
  • Current Financing: None
Expense Details
  • Operating Expense: $43,770
  • Gardener Expense: $840
  • Fuel Expense: $1,396
  • Licenses Expense: $225
  • Electric Expense: $311
  • Insurance Expense: $4,896
  • Maintenance Expense: $4,634
  • Professional Management Expense: $7,787
  • Other Expense: $17,451
  • Other Expense Description: Prop Tax
  • Trash Expense: $2,318
  • Water Sewer Expense: $3,912
  • Total Expenses: $43,770
Tax / Assessment Info
  • Tax Block: 17
  • Tax Tract Number: 38505
  • CFD/Mello-Roos Fee: $2,778
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Outside, Washer Included
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 7
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,007
  • Unit Type Total Rent: $36,084
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,386
  • Unit Type Total Rent: $28,632
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $23,400
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $21,000
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,825
  • Unit Type Total Rent: $21,900
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,809
  • Unit Type Total Rent: $21,708
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $21,600
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Number Wall AC: 8

Property History for 1501 South 4th Street

DateEvent & SourcePriceAppreciation
Jan 5, 2026

Price Change

CLAW #WS26001274MR

$2,895,000—
Jan 5, 2026

Price Change

CRMLS #WS26001274

$2,895,000—
Jan 5, 2026

Listed (Active)

CRMLS #WS26001274

$25—
Jan 4, 2026

Price Change

SDMLS #WS26001274

$2,895,000—
Jan 1, 2026

Listed (Active)

CLAW #WS26001274MR

$25—
Jan 1, 2026

Listed (Active)

SDMLS #WS26001274

$25—
DateEvent & SourcePrice
01/05/2026

Price Change

CLAW #WS26001274MR

$2,895,000
01/05/2026

Price Change

CRMLS #WS26001274

$2,895,000
01/05/2026

Listed (Active)

CRMLS #WS26001274

$25
01/04/2026

Price Change

SDMLS #WS26001274

$2,895,000
01/01/2026

Listed (Active)

CLAW #WS26001274MR

$25
01/01/2026

Listed (Active)

SDMLS #WS26001274

$25

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 South 4th Street

Taxable ValueLand$422,307Additions$882,949Total$1,305,256
Tax Record2025$17,927 ($1,494 / month)
Home Facts
Total Finished SqFt4,906 SqFtAbove Grade Finished SqFt4,906 SqFtLot Size8,868 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningALRPD*CountyLOS ANGELESAPN5357-006-022

Schools near 1501 South 4th Street

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Ramona Elementary School
Public - K to 8
Alhambra High School
Public - 9 to 12
Independence High (Alternative) School
Public - 9 to 12
Ramona Convent Secondary School
Private - 9 to 12
Rating
School
Distance
Ramona Elementary School
PublicK to 8

Alhambra High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

Ramona Convent Secondary School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1501 South 4th Street, Alhambra, CA 91803

1501 South 4th Street is a multi-family home for sale in Alhambra, CA 91803. This property was listed for sale on January 1, 2026 by RICHTOWN REALTY, it's currently listed at $2,895,000. This listing's school district is Alhambra Unified School District. Nearby schools include Ramona Elementary School, Alhambra High School and Independence High (Alternative) School. 1501 South 4th Street is a 11-bed, 9-bath, 4,906 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RICHTOWN REALTY, ANDREW LUONG, DRE #02040575

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.