Active

2306 W Alhambra Road

Alhambra, CA 91801
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Bed 4

Bed

Bath 4

Bath

SqFt3,060

Sqft

SqFt10,966

Sqft(Lot)

Positioned in a strong rental pocket of North Alhambra, adjacent to South Pasadena, this 4-unit property offers stable in-place income with a clear path to long-term upside. With 4 spacious 1-bedroom, 1-bath Units across two separate buildings, this property blends 1924 Spanish character with a comprehensive renovation completed in 2001. Each unit includes in-unit laundry, & the property offers 3 private garages plus additional driveway parking, amenities that support strong tenant demand & rental growth. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. All units are fully occupied with month-to-month tenants, providing immediate income & flexibility for a new owner to adjust rents and optimize cash flow. This is an ideal opportun ity for a long-term hold investor seeking a well-maintained asset with immediate and achievable income growth. The property has been consistently maintained, minimizing near-term capital expenditures while preserving future value-add potential. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable San Gabriel Valley location known for its strong and consistent rental demand. Investment Highlights: ~Current Gross Income: $7,300/month ($87,600/year). ~Pro Forma Potential: $9,000+/month ($108,000+/year). ~23% rental upside. ~Units with rent increase potential. ~Month-to-month tenants (operational flexibility). ~In-unit laundry in all units. ~3 garages + additional driveway parking.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,790,000

AD Id : 76678344

MLS Id : AR26069090

Beds : 4

Lot Size : 10,966 Sqft

Living Area Size : 3,060

Year Built : 1924

Garage : 3

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Flat,Spanish Tile Interior Features: Tile Counters,All Bedrooms Down,Bedroom on Main Level Property Appliances: Gas Range Fireplace: None Flooring: Carpet,Laminate,Tile,Wood
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Forced Air Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1924 Building Area Total: 3,060 Construction: Drywall,Stucco,Copper Plumbing Roof: Flat,Spanish Tile
  • Foundation

    Tie Down
  • Pool Features

    None

    Laundry Features

    Washer Hookup,Gas Dryer Hookup,Inside

    Fencing

    Stucco Wall

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2517
  • Lot Size Source: Public Records Lot Size Square Feet: 10966

  • Listing Price Information

    Original List Price: 1,790,000 Listing Contract Date: 2026-04-01
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5339014007

  • Garage and Parking

    Garage Description: Assigned,Concrete,Driveway,Garage,On Site

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 601 - Alhambra Postal Code Plus 4: 1704 Directions: South of Huntington between Fremont and Marengo Zoning: ALRPD* Source Property Type: Residential Income Area: 601 - Alhambra Property SubType: Quadruplex
  • Building and Construction

    Property Age: 102 Common Walls: 1 Common Wall Property Condition: Updated/Remodeled Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 1 Entry Location: Front Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
320 S Cordova, Alhambra, CA, 91801 $1,195,000 4 2 1,568 1,568 SqFt
104-106 E Linda Vista A.., Alhambra, CA, 91801 $1,695,000 6 7.5 2,793 2,793 SqFt
209 N Monterey Street, Alhambra, CA, 91801 $3,900,000 4 3 2,751 2,751 SqFt
1840 S Chapel, Alhambra, CA, 91801 $1,100,000 5 3 2,538 2,538 SqFt
1840 S Chapel, Alhambra, CA, 91801 $1,100,000 5 3 2,538 2,538 SqFt
305 & 307 E Hellman Ave.., Alhambra, CA, 91801 $1,350,000 4 3 2,093 2,093 SqFt
305 & 307 E Hellman Ave.., Alhambra, CA, 91801 $1,350,000 4 3 2,093 2,093 SqFt
318 Palmetto, Alhambra, CA, 91801 $998,000 4 2 1,790 1,790 SqFt
903 N 1st, Alhambra, CA, 91801 $1,038,800 3 2 2,206 2,206 SqFt
903 N 1st, Alhambra, CA, 91801 $1,038,800 3 3.5 2,206 2,206 SqFt

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ByOwner last updated this listing 06/10/2026 @ 08:14

MLS: AR26069090 LISTED BY: Carol Bush, Seven Gables Real Estate 626-538-1636 SOURCE: CRMLS

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