2306 W Alhambra Road Alhambra, CA $ 1,850,000
2306 W Alhambra Road
$ 1,850,000
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2306 W Alhambra Road

Alhambra, CA, 91801
$ 1,850,000
Baths1.0 Sq 3,060

Monthly Estimate*

$ 11,391

Listed by Seven Gables Real Estate
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Studio

Multi-Family Home for sale in Alhambra, CA

for $1,850,000 with 1 full bath. This 3,060 square foot home was built in 1924 on a lot size of 0.2517.

Positioned in a desirable pocket of North Alhambra, adjacent to South Pasadena, this beautifully renovated 4-unit property offers the ideal blend of stability, charm, and long-term upside. Remodeled from the studs out in 2001 and meticulously maintained, this turnkey asset delivers immediate income with minimal maintenance, an increasingly rare opportunity for today’s investors. The property features two separate buildings, each offering two spacious one-bedroom, one-bath residences that combine 1924 Spanish Art Deco character with modern updates. Private garages and in-unit laundry provide added convenience for tenants and ease of management, while the architectural charm creates lasting rental appeal. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. Current rents are slightly below market and have not been recently adjusted, offering a clear opportunity to optimize cash flow and long-term growth. This an excellent low-maintenance investment in a strong rental market. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable location known for its charm, accessibility, and enduring rental demand. A rare opportunity to acquire a renovated, character rich fourplex in a prime San Gabriel Valley location with immediate income and long-term investment potential.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2517

Year Built

1924

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

AR26069090

Days on Market

13

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat Spanish Tile
Appliances Gas Range
Zoning ALRPD*
Garage Spaces 3
Architectural Style Spanish
Pool Features None
Construction Materials Drywall Stucco Copper Plumbing
Exclusions Washers Dryers & Refrigerators belong to tenants.
Year Built 1924
Tenant Pays Cable TV Electricity Gas
View Mountain(s) Neighborhood
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 86400
Community Features Foothills Hiking Park Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 71545
Operating Expense 16055
Insurance Expense 2838
New Construction false
Property Type Residential Income
Contingency N/A
Garage Y/N true
Other Structures Second Garage Shed(s) Storage Two On A Lot
Special Listing Conditions Standard
Status Active
Directions South of Huntington between Fremont and Marengo
City Alhambra
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 4
MLS Area 601 - Alhambra
Lot Size Units Square Feet
Lot Size Square Feet 10966
Number of Units Leased 4
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing None
Property Condition Updated/Remodeled
Trash Expense 720
Walk Score 79
Water Sewer Expense 3000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 169
Virtual Tour https://tours.previewfirst.com/ml/146487
Total Actual Rent 86400
Property Sub Type Additional Quadruplex
Expected Active Date 2026-04-06
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Interior
Interior Amenities Tile Counters All Bedrooms Down Bedroom on Main Level
Flooring Carpet Laminate Tile Wood
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup Inside
Entry Level 1
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Exterior
Fencing Stucco Wall
Parking Features Assigned Concrete Driveway Garage On Site
Lot Features Back Yard Corner Lot Front Yard Lawn Rectangular Lot Sprinkler System Street Level
Water Source Public
Total Parking 9
Lot Size Area 10966
Foundation Details Tie Down
Number of Buildings 2
Spa false
Building Area Total 3060
Lot Size Acres 0.2517
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Seven Gables Real Estate

Broker

carolbushhomes@gmail.com

Email

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$11,391
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Monthly Principal & Interest
$11,391
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,850,000 Listed Price

Map


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2306 W Alhambra Road, Alhambra, CA, 91801 is a Multi-Family Home for sale at $1,850,000 with 3,060 sqft and a lot size of 0.2517. 2306 W Alhambra Road is a studio with 1.0 baths and was built in 1924. The property's zip code is 91801 which is in Alhambra, CA