81 Palmetto Drive Alhambra, CA ^$ 3,800,000

81 Palmetto Drive

^$ 3,800,000

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Recently Listed

81 Palmetto Drive

Alhambra, CA, 91801

^$ 3,800,000

Bedrooms-- Baths0.0 Sq 4,796

Monthly Estimate*

^$ 26,246

81 Palmetto Drive, Alhambra, CA 91801 - Image 1

81 Palmetto Drive, Alhambra, CA 91801 - Image 2

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81 Palmetto Drive, Alhambra, CA 91801 - Image 5

81 Palmetto Drive, Alhambra, CA 91801 - Image 6

81 Palmetto Drive, Alhambra, CA 91801 - Image 7

Multi-Family Home for sale in Alhambra, CA

for $3,800,000. This 4,796 square foot home was built in 2021 on a lot size of 0.21.

Built in 2021, this contemporary four-unit property in Alhambra features two buildings with townhome-style residences: two three-bedroom units and two two-bedroom units. Light-filled living and dining areas connect to open kitchens with quartz counters, modern cabinetry and stainless steel appliances. Bedrooms open to private balconies, and each residence includes in-unit laundry and direct access to a private two-car attached garage. Eight garage spaces and three guest parking spaces provide 11 spaces in total. Additional features include central heating and air conditioning, tankless water heaters, security systems and drought-tolerant landscaping with sprinklers. Each unit is individually metered for gas, water and electricity. All four units are currently occupied, and one unit can be delivered vacant upon close. Current monthly rents total $15,400, equivalent to $184,800 on an annualized basis. Conveniently located near Main Street shopping and dining, with access to Pasadena, Downtown Los Angeles and major freeways.

Multi-Family Active

Price

^$ 3,800,000

Property Type

Multi-Family

Taxes

^$ 0

Style

Contemporary

Lot Size

0.21

Year Built

2021

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

0026991413

Features

General

Living Area 4796

Heating Central

Cooling Central Air

Zoning ALRPD*

Architectural Style Contemporary

Security Features Carbon Monoxide Detector(s) Fire and Smoke Detection System Firewall(s)

Construction Materials Stucco Vertical Siding

Year Built 2021

View Peek-A-Boo

Levels Multi/Split Three or More

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Alhambra

Senior Community Y/N false

MLS Area 601 - Alhambra

Lot Size Units Square Feet

Lot Size Square Feet 9304

Land Lease Y/N false

Structure Type None

Standard Status Active

Interior

Total Stories 3

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features None Dryer Included Upper Level Washer Included

Total Baths 0

Exterior

Parking Features Garage - Three Door Guest Direct Garage Access Driveway

Lot Size Area 9304

Spa false

Building Area Total 4796

Lot Size Acres 0.21

* Excluded Features

List By

Joseph Chan

Listing Agent

Compass

Broker

joseph.chan@compass.com

Affordability Calculator

$26,246

Per Month

Monthly Principal & Interest: $26,246
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in Alhambra, CA

Average List Price ^$2,330,875

Percent of Sale Price 39%

About Alhambra, CA

85,595 Population

1% Since 2002

^$56,913 Median Income

40.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/25/2026	$3,800,000		Listed Price

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81 Palmetto Drive, Alhambra, CA, 91801 is a Multi-Family Home for sale at $3,800,000 with 4,796 sqft and a lot size of 0.21. 81 Palmetto Drive has 0.0 baths and was built in 2021. The property's zip code is 91801 which is in Alhambra, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/2/2026. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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81 Palmetto Drive

Multi-Family Home for sale in Alhambra, CA

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