1616 Cherry Ln, Alhambra, CA 91803
SOLD
NOV 21, 2025
Listed by Eric Chen, CB RICHARD ELLIS, (909) 418-2000 . Bought with CB RICHARD ELLIS

1616 Cherry Ln
Alhambra, CA 91803

  • 3 Beds
  • 3 Baths
  • 1,536 sqft

$825,000

Last Sold: Nov 21, 2025
$537/sqft
Est. Refi. Payment $4,976/mo*

$825,000

Last Sold: Nov 21, 2025
$537/sqft
Est. Refi. Payment $4,976/mo*
3 Beds
3 Baths
1,536 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

We are pleased to present the opportunity to acquire 1616 Cherry Lane, an attractive triplex property located in the highly desirable San Gabriel Valley submarket of Alhambra, California.
Constructed in 1925, the property is situated on a well-maintained ±5,497 square-foot lot with a total building size of ±1,536 square feet. The property is conveniently situated at the cross streets of S Marengo Avenue and Front Street, and is only two blocks from Valley Boulevard, a major neighborhood thoroughfare with numerous retailers, restaurants, and popular stores. The location offers excellent connectivity, with easy access to the 10 and 710 Freeways, and is just minutes from Cal State University, Los Angeles and approximately 8 miles from Downtown Los Angeles. Neighboring cities include Monterey Park and San Gabriel. The property features an ideal unit mix of three 1-bedroom/1-bathroom units, all of which are single-story and ground-level. On-site parking is available via a 2-car garage and a single-car garage. The property has also undergone extensive recent capital improvements, including brand new kitchen cabinetry and countertops, renovated bathrooms, new flooring in select units, new exterior paint, fascia boards, rain gutters, and all windows and security screen doors have been upgraded. These improvements enhance the property’s appeal and reduce future capital expenditures for a new owner. This offering presents an exceptional investment opportunity. With a highly attractive going-in cost basis of just $275,000 per unit, the property provides a strategic entry point for investors. Not subject to any local rent control, it offers significant rental upside, with market rents exceeding more than double the current rental income. 1616 Cherry Lane in Alhambra is a bread and butter, residential income producing asset positioned for long-term growth and capital appreciation. The property is well-suited for a variety of investment strategies, for a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 22, 2025

Home Highlights

Parking
3 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$537/sqft
Listed
180+ days ago

Home Details for 1616 Cherry Ln

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Bedroom, Kitchen
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 1536 Square Feet
Appliances & Utilities
Laundry: None
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 1
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageHas an Attached GarageParking Spaces: 3Parking: Garage Attached
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 18

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: ResidentialProperty Subtype: TriplexStructure Type: TriplexArchitecture: Triplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 5350029003

Price & Status

Price
List Price: $825,000Price Per Sqft: $537/sqft
Status Change & Dates
Off Market Date: Fri Sep 26 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Alhambra
School Information
High School District: Alhambra

Community

Community Features: Curbs, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 5497 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan

Miscellaneous

Mls Number: CV25203576Living Area Range Units: Square FeetAttribution Contact: 626-757-5717Common Interest: Community ApartmentUniversal Property Id: US-06037-N-5350029003-R-N

Additional Information

CurbsSidewalks
Last check for updates: about 13 hours ago
Listed by Eric Chen, (626) 757-5717
CB RICHARD ELLIS
Bought with: Eric Chen, (909) 418-2071, CB RICHARD ELLIS
Originating MLS: California Regional MLS
Source: CRMLS, MLS#CV25203576

Price History for 1616 Cherry Ln

DatePriceEventSource
11/21/2025$825,000Sold
CRMLS #CV25203576
10/27/2025$825,000PendingCRMLS #CV25203576
09/27/2025$825,000ContingentCRMLS #CV25203576
09/09/2025$825,000Listed For SaleCRMLS #CV25203482
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Property Tax and Assessment

Year2025
Tax$1,576
Assessment$60,977
Home facts updated by county records

Comparable Sales for 1616 Cherry Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Multi-Family Home
$1,150,000
10/15/25
5
3
2,386
0.49
Multi-Family Home
$990,000
10/27/25
4
2
1,728
0.51
Multi-Family Home
$990,000
03/12/26
5
3
2,692
0.77
Multi-Family Home
$815,000
04/09/26
4
2
1,464
0.83
Multi-Family Home
$1,028,000
06/13/25
3
2
1,518
0.65
Multi-Family Home
$800,000
07/31/25
2
1
1,929
0.34
Multi-Family Home
$1,510,000
04/30/26
8
4
2,750

Nearby homes

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What Locals Say about Alhambra

At least 727 Trulia users voted on each feature.
  • 90 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 76 % Say it's walkable to restaurants

  • 74 % Say car is needed

  • 68 % Say it's walkable to grocery stores

  • 67 % Say people would walk alone at night

  • 67 % Say streets are well-lit

  • 64 % Say parking is easy

  • 59 % Say they plan to stay for at least 5 years

  • 59 % Say yards are well-kept

  • 58 % Say there's holiday spirit

  • 56 % Say it's quiet

  • 48 % Say kids play outside

  • 47 % Say neighbors are friendly

  • 47 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ella M.
    "I’ve lived here for 7 years. The parks here are lovely and dog-friendly. Stores and restaurants are a mile away, so they’re walkable but not too close. My neighbors are polite but not nosy, and I feel very safe here. The only thing I don’t like is that it takes about 20 minutes to reach any freeway due to numerous stop signs, traffic lights, traffic and distance. "
  • Cesar Martinez
    "There’s a big sense of a community in Alhambra, it’s busy during the day, quiet at night in residential neighborhoods but it seems very safe "
  • Skye Ledoux
    "It’s a very safe neighborhood with several young families and lots of community activities. Close to many great restaurants and grocery stores, as well as well maintained parks. Alhambra is a very family friendly area."
  • H89hx9sdw6
    "Lived here all my life never had any issues with the city although sometimes it can be a bit difficult with the parking here unless you are a resident you need to get permit so it makes it difficult for people with multiple vehicles "
  • Rener4001
    "Some streets can feel large to different gas but overall great streets to walk very safe lots of other dog walkers "
  • Low
    "I’ve lived in this neighborhood for 6 years. It’s pretty quiet and it seems most people like to keep to themselves and not cause a ruckus. I run around 8-9pm in the dark and generally feel pretty safe. The thing you most likely have to lookout for are the coyotes. Other than that, I enjoy living in the neighborhood and it seems like it’s safe enough that parents don’t mind letting their kids out to play."
  • Brenda Estrada
    "It’s a prime location near DTLA, Pasadena and other surrounding neighborhoods. It’s also filled with trees that make it beautiful "
  • Alfred Cherrington Jr
    "Lots of nice parks for kids, super friendly, fun on Halloween. Summer time offers free meals at all the parks as well "
  • Lynn
    "I work from home. But driving during commute hours is a drag, like it is everywhere in L.A. Just to get to the freeway takes 15 minutes. "
  • Charlie Rodarte
    "Dog owners would like the walkable sidewalks. I personally don't walk my dog. I usually just walk everywherem"
  • Trulia User
    "Schools are great for our children. Neighborhood is always quiet. Pricing for homes are higher than average but i would love to live here long term. 5 years in currently."
  • Pgt47wj8x8
    "Close to downtown la 15 min drive on a good day 30 minutes on a high traffic day over all easy to get around "
  • Trulia User
    "Schools and education are very important in alhambra. Mandarin is taught in loca Montessori schools."
  • Lynnstoner.mansir
    "There are a lot of dog owners here. There are two groups of dog owners and their dogs who meet at the park every afternoon - - one group for big dogs and one for small and mid-size dogs. Everyone is friendly. "
  • Mariela Cortés
    "I’ve lived in Alhambra for 6 years and have not found a problem. The school districts are okay, not as great as others."
  • Trulia User
    "I don’t actually know? Why is there a minimum requirement here! I don’t have enough to write. There’s trees and stuff. Dogs like trees"
  • Trulia User
    "El sereno is not really safe. Do not move here lol. Unless you want trouble I would not suggest it. "
  • Veganltlbear
    "Great for raising a family, parks close by, good schools, great downtown for many activities. Try to find one of the SFR zine areas and you’ll be happy "
  • Jmartinezucla
    "Everyone has dogs on a leash and it’s a nice area to walk in. The park is a few blocks away and is set up with doggy bags stands."
  • Christina M.
    "Feels like a community, very welcoming would recommend to a friend or potential neighbor. Very safe, quiet, everyone to themselves, close to freeways, away from city"
  • Kenneth J.
    "This is a Great area and is really neighborhood friendly ... I love in the area and never had a problem !!"
  • Susana R.
    "The water supply is more cleaner and the neighborhood is safe. Downtown Main Street is very nice and popular."
  • Tommy L.
    "It’s alright, no traffic to DTLA is 15 mins but with traffic it could be up to 45 mins. Easy drive to Pasadena. "
  • Abraham B.
    "Pandemic times - no commute - work from home - traffic has been minimal otherwise compared to the city."
  • Darrell T.
    "Weekly farmers market on Main Street. Easter egg, 4th of July celebration, and many other seasonal events. Many community events."
  • Steven H.
    "Lots of beautiful neighborhood areas to walk. Not everyone in the area is very dog friendly, some people seem stand-off-ish if they pass you while walking "
  • Ashley C.
    "I love it here. Lots of restaurants and not too far from LA. I don’t know if this is a good area for kids but I think it’s good for younger adults or older adults without kids definitely."
  • Miles T.
    "I live here for a year and street parking is a big issue but only in certain areas, always be careful where u park."
  • Breanna F.
    "It’s a great place. I’ve lived in Alhambra for 2 years and borderline Alhambra/ El Sereno for 5 and there’s a little bit of everything here. Everything is close by and welcoming "
  • Amanda G.
    "ACT Green line helps me bring my daughter to school for only a quarter. Super clean and the drivers are so nice. Timing is off sometimes but other than that, its great."
  • Virginia G.
    "They would like that the streets are not terribly busy with passing cars. People are respectful and it is very peaceful to go for walks around here. "
  • Rehabcounselor2001
    "you can walk your dog at any time., as long as you pick up after them. I believe it's a dog friendly city."
  • Allysgirls
    "There are community events hosted by the local firefighters at the fire department throughout the year. "
  • Julia
    "Their is a annual event with the cops dinner night. All their reading program event that happen during the summer. The music Friday nights at Ricky’s. The pumpkin patch run. "
  • Miguelavila54
    "Our area has great schools, parks and restaurants. It’s a friendly town and great to live and be part of this wonderful community."
  • Jenny M.
    "Loving this city everyone here are very respectful and nice. I just recently moved to Alhambra and I’m glad I did "
  • Dmartinez3128
    "You’re lucky if you can find a parking in this area because so many people are living under the same roof and the apartments only allow one or two parking so everybody is cramping the street with all these extra cars that the city should not be allowing them to park or rent if they don’t have apartments but for them"
  • Gabby052785
    "there is a lot of activity for families in the park , the schools are very good. Alhambra is a very good neighborhood to live with family. "
  • Marcella G.
    "Neighbor hood watch meetings staying connected to our city’s web page and all the events that happen in our city"
  • Tommy H.
    "The neighborhood is very diverse in age and also cultures. Everyone is friendly and I haven't experienced any "bad" neighbors in the past three years. "

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Apartments for Rent

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Homes for sale near 1616 Cherry Ln

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Off Market Homes Near 1616 Cherry Ln

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Homes for rent near 1616 Cherry Ln

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1616 Cherry Ln, Alhambra, CA 91803 is a 3 bedroom, 3 bathroom, 1,536 sqft multi-family built in 1925. This property is not currently available for sale. 1616 Cherry Ln was last sold on Nov 21, 2025 for $825,000 (0% higher than the asking price of $825,000). The current Trulia Estimate for 1616 Cherry Ln is $1,157,700.