301 N Palm Avenue Alhambra, CA $ 2,850,000
301 N Palm Avenue
$ 2,850,000
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301 N Palm Avenue

Alhambra, CA, 91801
$ 2,850,000
Baths1.0 Sq 7,545

Monthly Estimate*

$ 17,548

Listed by PrimeCity Properties Co
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Studio

Multi-Family Home for sale in Alhambra, CA

for $2,850,000 with 1 full bath. This 7,545 square foot home was built in 1964 on a lot size of 0.2086.

Situated directly across the street from Alhambra Park, offering residents immediate access to green space, sports courts, and recreational amenities . The property boasts a Walk Score of 80 ("Very Walkable"), meaning residents can run errands and access services without needing a car . Located within the Alhambra Unified School District, with Park Elementary School. This property represents a solid addition to any portfolio, combining immediate income potential with the stability of a sought-after Alhambra address. Ideal for the savvy investor looking for long-term holds in the San Gabriel Valley.

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Multi-Family Pending

Price

$ 2,850,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2086

Year Built

1964

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

WS26041039

Days on Market

74

Features
General
Sewer Public Sewer
Heating Electric Radiant
Cooling Wall/Window Unit(s)
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Roof Flat
Appliances Dishwasher Electric Oven Electric Range Disposal Refrigerator
HOA Fee 0
Garage Spaces 2
Architectural Style Mid-Century Modern
Pool Features None
Year Built 1964
Electric Electricity - On Property
Tenant Pays Electricity Gas
View City Lights Neighborhood
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 217030
Community Features Street Lights Sidewalks
Accessibility No Stairs Parking
County Los Angeles
Net Operating Income 125868
Operating Expense 94387
Insurance Expense 4988
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Pending
Directions right across the street from Alhambra Park
City Alhambra
Disclosures Seller Disclosure
Entry Location N Palm Ave
Senior Community Y/N false
Number Of Units Total 10
MLS Area 601 - Alhambra
Lot Size Units Square Feet
Lot Size Square Feet 9085
Carport Spaces 10
Carport Y/N true
Listing Terms 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 3182
Water Sewer Expense 4660
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Lot 11
Total Actual Rent 19984
Property Sub Type Additional Apartment
Cap Rate 4.42
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Interior
Interior Amenities Ceiling Fan(s) Granite Counters Intercom Laminate Counters Quartz Counters Tile Counters Unfurnished
Flooring Carpet Laminate Tile Wood
Fireplace Features Living Room
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Brick Fair Condition
Parking Features Carport Garage
Lot Features 6-10 Units/Acre Corner Lot
Water Source Public
Total Parking 12
Lot Size Area 9085
Foundation Details Concrete Perimeter
Number of Buildings 1
Spa false
Building Area Total 7545
Lot Size Acres 0.2086
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
Road Frontage Type City Street
Other Equipment Intercom
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* Excluded Features
List By
Primecity Properties Co

Broker

primecitypropertiescosf@gmail.com

Email

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$17,548
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Monthly Principal & Interest
$17,548
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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
4/22/2026$2,850,000 Listed Price

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301 N Palm Avenue, Alhambra, CA, 91801 is a Multi-Family Home for sale at $2,850,000 with 7,545 sqft and a lot size of 0.2086. 301 N Palm Avenue is a studio with 1.0 baths and was built in 1964. The property's zip code is 91801 which is in Alhambra, CA