1237 S 3rd Street Alhambra, CA ^$ 1,900,000

1237 S 3rd Street

^$ 1,900,000

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1237 S 3rd Street

Alhambra, CA, 91801

^$ 1,900,000

Studio Baths2.0 Sq 5,302

Monthly Estimate*

^$ 11,699

Listed by Equity Union

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1237 S 3rd Street, Alhambra, CA 91801 - Image 8

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Studio

Single Family Home for sale in Alhambra, CA

for $1,900,000 with 2 full baths. This 5,302 square foot home was built in 1931 on a lot size of 0.1698.

Location, Location, Location! When it comes to residential income properties, nothing is more important than a prime location—and this one delivers! Just steps from Valley Blvd, this well-maintained 4-unit property offers exceptional convenience, strong rental demand, and impressive cash flow potential. 3 units: 3 bedrooms + 2 bathrooms. 1 unit: 3 bedrooms + 1 bathroom. CAP Rate: 5.2%. Market CAP Rate: 6.75%

Single Family Active

Price

^$ 1,900,000

Bedrooms

Studio

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

0.1698

Year Built

1931

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

SB25134223

Days on Market

319

Features

General

Sewer PublicSewer

Possession CloseOfEscrow

Zoning ALR1YY

Garage Spaces 4

Pool Features None

Year Built 1931

Stories Count 2

Levels Two

Property Subtype Quadruplex

Gross Income 1580

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 55269

Operating Expense 45149

Insurance Expense 2649

New Construction false

Property Type ResidentialIncome

MaintenanceExpense 4162

Garage Y/N true

Special Listing Conditions Trust

Status Active

Directions North on S 3rd st east of Valley Blvd

City Alhambra

Entry Location front door

Senior Community Y/N false

Number Of Units Total 4

MLS Area 601 - Alhambra

Lot Size Units SquareFeet

Lot Size Square Feet 7396

Number of Units Leased 4

Listing Terms Cash CashToNewLoan Exchange1031

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 1800

Water Sewer Expense 1800

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units SquareFeet

Standard Status Active

Year Built Source Appraiser

Tax Lot 158

Total Actual Rent 8670

Property Sub Type Additional Quadruplex

Interior

Total Stories 2

Common Walls TwoCommonWallsOrMore

Laundry Features CommonArea

Entry Level 1

Exterior

Parking Features Garage

Lot Features RectangularLot

Water Source Public

Total Parking 4

Lot Size Area 7396

Number of Buildings 1

Building Area Total 5302

Lot Size Acres 0.1698

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Equity Union

Broker

Emily@emilylinhc.com

Affordability Calculator

$11,699

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Monthly Principal & Interest: $11,699
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Single family listings in Alhambra, CA

Average List Price ^$1,233,122

Percent of Sale Price 35%

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

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,900,000		Listed Price

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1237 S 3rd Street, Alhambra, CA, 91801 is a Single Family Home for sale at $1,900,000 with 5,302 sqft and a lot size of 0.1698. 1237 S 3rd Street is a studio with 2.0 baths and was built in 1931. 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 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1237 S 3rd Street

Single Family Home for sale in Alhambra, CA

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