30 N 1st St

Alhambra, CA 91801

$6,825,000
Price
—
Beds
—
Baths
13,875 Sq. Ft.
$492 / Sq. Ft.
13,875
Sq. Ft.
$492
per Sq. Ft.
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Description

36-Unit Downtown Alhambra Asset Positioned for Immediate NOI Expansion via Lease-Up and Expense Normalization. The Property is transitioning from a 2025 operational reset into stabilized performance following strategic capital improvements and lease-up activity. In 2025, the Property had a vacancy rate of 25.89% and generated $238,588 in Net Operating Income, yielding a cap rate of 3.29%. Current occupancy is 94%. Based on current occupancy, the pro forma cap rate is 5.01%. As of April 1, 2026, the...36-Unit Downtown Alhambra Asset Positioned for Immediate NOI Expansion via Lease-Up and Expense Normalization. The Property is transitioning from a 2025 operational reset into stabilized performance following strategic capital improvements and lease-up activity. In 2025, the Property had a vacancy rate of 25.89% and generated $238,588 in Net Operating Income, yielding a cap rate of 3.29%. Current occupancy is 94%. Based on current occupancy, the pro forma cap rate is 5.01%. As of April 1, 2026, the vacancy has been reduced to 2 units, reflecting strong leasing momentum and improving cash flow. One unit is currently configured as office space, with the option to convert to a 1-bedroom ( allow the buyer to choose). Property has 26.5 off-street covered parking spaces (0.5 is designated motorcycle parking); on-street parking is available from the city for $70 per year per space. On-site laundry facilities provided, machines provided by WASH. WASH maintains the machines and pays the owner a percentage of the monthly revenue. 3 washing machines, 3 dryers are on the property.
  1. Listed by Lisa Pimentel • DRE #01745013 • Brokerage DRE #00848848 • CENTURY 21 CITRUS REALTY INC • 626-391-2149

Property Details for 30 North 1st Street

Parking Spaces Total
27
Cooling Type
Wall/Window Unit(s)
Total Units
36.0
Office Class
C
Business Type
Multi-Tenant
Lot Size Source
Other
Building Area Total
13875
Building Area Units
Square Feet
LISTING UPDATED: 05/04/2026 09:34 AM

Property Details for 30 North 1st Street

StatusActive
MLS #CV26077738
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1956
Lot Size0.56 AC / 24,393 SF
CountyLos Angeles County
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Location

Listing Courtesy of CENTURY 21 CITRUS REALTY INC, Lisa Pimentel, DRE #01745013
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Building Information for 30 North 1st Street

Stories2Residences-Year Built1956Building Size-Lot Size0.56 AC / 24,393 SF

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$34,453 per month

30 year fixed, 6.36% Interest

Principal and Interest

$34,010

Property Taxes

$443

HOA Dues

$0

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Property Information for 30 North 1st Street

Income / Expense / Tax Details
Income Details
  • Cap Rate: 5.01
  • Current Financing: None
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Roof: Tile
  • Fence: No
  • Fencing: None
Land/Lot Info
  • Sign on Property: No
  • Additional Parcels Description: 53370119015
  • Lot Features: 36-40 Units/Acre, Front Yard, Lot 20000-39999 Sqft
  • Current Use: Multi-Family
  • Land Use: Multi-Family
  • Lease Considered: No
  • Land Lease: No
  • Water Source: Public
Property / Structure Info
  • Building Name: BURKE APARTMENTS
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit Information
  • Number Of Units Leased: 34
  • Number Of Buildings: 36

Property History for 30 North 1st Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Price Change

CRMLS #CV26077738

$6,825,000—
Apr 10, 2026

Listed (Active)

CRMLS #CV26077738

$7,250,000—
DateEvent & SourcePrice
05/04/2026

Price Change

CRMLS #CV26077738

$6,825,000
04/10/2026

Listed (Active)

CRMLS #CV26077738

$7,250,000

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

Public Records for 30 North 1st Street

Taxable ValueLand$60,031Additions$124,863Total$184,894
Tax Record2025$5,321 ($443 / month)
Home Facts
Total Finished SqFt4,717 SqFtAbove Grade Finished SqFt4,717 SqFtLot Size7,641 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningALRPD*CountyLOS ANGELESAPN5337-019-015

Schools near 30 North 1st Street

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

Alhambra High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

Foothill Preparatory 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 30 North 1st Street, Alhambra, CA 91801

30 North 1st Street is a multi-family home for sale in Alhambra, CA 91801. This property was listed for sale on April 10, 2026 by CENTURY 21 CITRUS REALTY INC, it's currently listed at $6,825,000. This listing's school district is Alhambra Unified School District. Nearby schools include Garfield Elementary School, Alhambra High School and Independence High (Alternative) School. 30 North 1st Street is a 0-bed, 0-bath, 13,875 sqft multi-family home built in 1956.

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 CENTURY 21 CITRUS REALTY INC, Lisa Pimentel, DRE #01745013

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.