224 N Olive Alhambra, CA ^$ 1,180,000

224 N Olive

^$ 1,180,000

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Recently Listed

224 N Olive

Alhambra, CA, 91801

^$ 1,180,000

Studio Baths1.0 Sq 1,734

Monthly Estimate*

^$ 7,451

Listed by Goodwell Investment Corp

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Studio

Multi-Family Home for sale in Alhambra, CA

for $1,180,000 with 1 full bath. This 1,734 square foot home was built in 1939 on a lot size of 0.2046.

Excellent investment opportunity. Great location with nice environment near down town Alhambra. Spanish style 2 unit duplex on the 8911 square foot lot, which is at residential high density zone that allow you to add 3 more units on the lot, and the property owner has the plan design by the architect. The investor can build 3 more units while there are stable rental income. Don't miss this great investment opportunity.

Multi-Family Active

Price

^$ 1,180,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2046

Year Built

1939

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

AR26145987

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 3

Pool Features None

Year Built 1939

Property Subtype Duplex

Gross Income 48420

Community Features Curbs Suburban

County Los Angeles

Net Operating Income 36104

Operating Expense 12316

Insurance Expense 3608

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Near cross street of Olive and St Charles Terrace

City Alhambra

Entry Location ground

Senior Community Y/N false

Number Of Units Total 2

MLS Area 601 - Alhambra

Lot Size Units Square Feet

Lot Size Square Feet 8911

Listing Terms 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 12

Property Sub Type Additional Duplex

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 3

Lot Size Area 8911

Number of Buildings 2

Building Area Total 1734

Lot Size Acres 0.2046

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Goodwell Investment Corp

Broker

johnsonshyong@yahoo.com

Affordability Calculator

$7,451

Per Month

Monthly Principal & Interest: $7,451
Monthly Property Taxes: --
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Alhambra, CA

Average List Price ^$2,115,504

Percent of Sale Price 79%

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
7/6/2026	$1,180,000		Listed Price

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224 N Olive, Alhambra, CA, 91801 is a Multi-Family Home for sale at $1,180,000 with 1,734 sqft and a lot size of 0.2046. 224 N Olive is a studio with 1.0 baths and was built in 1939. 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 6.49% 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.

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 7/6/2026. 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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224 N Olive

Multi-Family Home for sale in Alhambra, CA

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