1300 S Primrose
Alhambra, CA, 91803 $ 1,599,900
Baths1.0 Sq 1,931 Monthly Estimate*
$ 10,102
Studio for $1,599,900 with 1 full bath. This 1,931 square foot home was built in 1938 on a lot size of 0.1799.
Discover an exceptional income-generating opportunity in one of Alhambra’s most convenient neighborhoods! This unique property features 3 separate legal single-family structures, each fully remodeled with permitted upgrades—offering privacy, modern comforts, and immediate cash flow.The Main Residence: 1300 S Primrose Ave, with 4 Rooms, 2 Bath & Private Garage. Brand-new, lovely interior renovation with bright, modern finishes. Upgraded roof and energy-efficient windows (installed in 2020). An owner-occupant looking for a spacious, move-in-ready home while neighboring units offset the mortgage! Unit #2: 2310 Front St, with 2 Rooms, 1 Bath & Private Garage and Unit #3: 2314 Front St with 3 Rooms, 1 Bath & Private Garage, BOTH Complete 2019 down-to-the-studs remodel with city permits. Unbeatable Investment Potential Live comfortably in the main residence while collecting monthly passive income from next two homes. This substantial income stream significantly reduces your monthly mortgage interest, property taxes, and living expenses—making high-end California homeownership remarkably affordable. Prime, Ultra-Convenient Location Save hours on your daily commute with access to top institutions and vibrant entertainment hubs; 5 Minutes: Premier shopping centers, movie theaters, main street and dining hotspots. 10 Minutes: Cal State LA, East Los Angeles College, USC Health Sciences Campus, and Keck Hospital of USC.20 Minutes: Downtown Los Angeles, Pasadena City College, and Old Town Pasadena. Whether you're a savvy homebuyer seeking an income helper or an investor eyeing a turnkey multi-structure compound, this gem offers unmatched value, high rental yields, and long-term appreciation potential!
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Wall/Window Unit(s)
Roof Shingle
Garage Spaces 3
Pool Features None
Year Built 1938
Tenant Pays Electricity Gas
View None
Property Subtype Triplex
Gross Income 57924
Community Features Street Lights
County Los Angeles
Net Operating Income 50560
Operating Expense 7364
Insurance Expense 3860
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Fremont Ave and Front St
City Alhambra
Entry Location main
Senior Community Y/N false
Number Of Units Total 3
MLS Area 601 - Alhambra
Lot Size Units Square Feet
Lot Size Square Feet 7837
Number of Units Leased 2
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Trash Expense 984
Water Sewer Expense 2520
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 40
Total Actual Rent 4827
Property Sub Type Additional Triplex
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InteriorFireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Outside
Entry Level 1
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ExteriorParking Features Garage
Lot Features 2-5 Units/Acre Corner Lot
Water Source Public
Total Parking 3
Lot Size Area 7837
Number of Buildings 3
Building Area Total 1931
Lot Size Acres 0.1799
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $10,102
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Alhambra, CA
Average List Price $2,386,451
Percent of Sale Price 49%
About Alhambra, CA 85,595 Population
1% Since 2002
$ 56,913 Median Income
40.88 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/21/2026 | $1,599,900 | | Listed Price |