15 E
BEACON AVENUE
ALHAMBRA, CA 91801
5 UNITS | TOWNHOME-STYLE APARTMENTS 10 OFFERS | 49-UNIT PORTFOLIO
By Eric Dilanian
THE ASSIGNMENT
The sale of 15 E Beacon Avenue marked the third successful closing within a four-property, 49-unit apartment portfolio located throughout Alhambra, Silver Lake, Montebello, and San Gabriel. Eric Dilanian and his team at The Dilanian Real Estate Advisors were retained to coordinate the portfolio's disposition while maximizing exposure and securing dependable closings for the seller.
The five-unit Alhambra property presented an attractive investment opportunity with townhome-style apartments, a desirable unit mix, approximately 40% rental upside, and a favorable rent-control profile. Successfully positioning these features was essential to attracting qualified investors and generating competitive interest.
Eric and his team implemented a comprehensive marketing strategy that generated 10 competitive offers, allowing the seller to evaluate multiple qualified buyers and select the strongest overall proposal.
The successful buyer was an experienced repeat client who submitted a non-contingent offer upon acceptance, providing the seller with greater certainty of closing. Eric and his team represented both the seller and buyer, ultimately completing the $1,630,000 sale as another important step toward the family's full 49-unit portfolio divestment.
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Five-unit apartment building in Alhambra
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Experienced repeat client procured as the successful buyer
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Non-contingent offer upon acceptance
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Maximum certainty of closing for the seller
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Insurance coverage secured for the buyer
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Professional off-site property management coordinated
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Third of four properties sold for the family
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Part of a 49-unit apartment portfolio
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Seller and buyer represented by Eric Dilanian and his team
THE RESULTS
SOLD PRICE
(15 E BEACON AVENUE)
$1,630,000
OFFERS
GENERATED
10
THE DEAL STORY
The sale of 15 E Beacon Avenue was part of a coordinated effort to successfully market and sell a 49-unit apartment portfolio spanning four properties in Alhambra, Silver Lake, Montebello, and San Gabriel. Each property required a strategic approach to attract qualified investors while supporting the family's broader portfolio-disposition objectives.
Eric and his team implemented a comprehensive marketing campaign designed to maximize exposure and generate competitive interest among apartment investors. The campaign produced 10 competitive offers, creating meaningful competition and giving the seller several qualified options to consider.
Through established buyer relationships and careful offer management, Eric procured an experienced repeat client who understood the complexities of the current investment environment and demonstrated the ability to execute without unnecessary delays.
The successful buyer submitted a non-contingent offer upon acceptance, providing the seller with a high degree of closing certainty. This combination of strategic marketing, competitive buyer interest, and careful buyer selection helped position the property for a smooth closing as the third transaction within the family's four-property portfolio.
THE INVESTMENT OPPORTUNITY
15 E Beacon Avenue presented investors with the opportunity to acquire a five-unit apartment property in Alhambra, featuring a desirable unit mix, townhome-style layouts, and approximately 40% rental upside.
Built in 1977, the two-story property features one three-bedroom, two-bathroom unit; three two-bedroom, one-bathroom units; and one one-bedroom, one-bathroom unit. Its townhome-style residences offer efficient layouts and lasting renter appeal, while the property's newer construction relative to much of the area's older apartment inventory provides an additional distinguishing feature.
With approximately 40% rental upside, the property offered a clear value-add opportunity through strategic improvements and future rent growth. The building is also subject to statewide AB 1482 protections rather than a separate local rent-control ordinance, providing greater operational flexibility for new ownership.
Located near San Marino and San Gabriel, the property benefits from a desirable community setting, access to highly regarded schools, and consistent rental demand. With a Walk Score of 87, classified as “Very Walkable,” residents enjoy convenient access to shops, cafés, restaurants, and everyday amenities along Las Tunas Drive and San Gabriel Boulevard.
PORTFOLIO EXECUTION
The closing of 15 E Beacon Avenue marked the third successful sale within a four-property, 49-unit apartment portfolio held by the same family. The portfolio included apartment buildings located in Alhambra, Silver Lake, Montebello, and San Gabriel, each requiring coordinated marketing, buyer outreach, and transaction oversight.
Managing a multi-property disposition required more than marketing each building individually. Eric and his team developed a coordinated strategy focused on strategic property positioning, extensive buyer outreach, competitive offer management, and consistent oversight across multiple escrows.
For 15 E Beacon Avenue, Eric generated 10 competitive offers and procured an experienced repeat buyer who submitted a non-contingent offer upon acceptance, providing the seller with a high degree of closing certainty.
Eric and his team also provided hands-on assistance beyond traditional brokerage services, helping secure appropriate insurance coverage and coordinate professional off-site property management for the buyer. These efforts helped address important ownership-transition needs, minimize potential obstacles, and keep the transaction moving efficiently toward closing.
The successful $1,630,000 sale represented another important milestone in the family's larger portfolio-disposition strategy, demonstrating the value of experienced representation, established buyer relationships, and hands-on execution throughout a complex multi-property transaction.
WHY THE SELLER CHOSE ERIC DILANIAN
Multi-property portfolio dispositions require coordinated marketing, extensive buyer relationships, experienced offer management, and hands-on oversight from launch through closing.
Eric and his team generated 10 competitive offers, procured an experienced repeat buyer, negotiated a non-contingent transaction, and assisted with insurance and property-management coordination to help ensure a smooth and dependable closing.
The successful sale of 15 E Beacon Avenue marked closing number three of four for the family and represented another important step toward completing the disposition of the entire 49-unit portfolio.
When execution matters most, apartment owners turn to Eric Dilanian and his team for experienced representation, dependable guidance, and results throughout Greater Los Angeles.
When execution matters most, owners turn to Eric Dilanian - Northeast Los Angeles' leading local apartment investment advisor.
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