2306 W Alhambra RD Alhambra, CA 91801
0.25 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26158732
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1924
Lot Size 0.252 Acres
Property Sub-Type Quadruplex
Property Description
From the day you close, you'll own a well-maintained four-unit property in one of the San Gabriel Valley's most desirable rental markets, providing dependable income from the start. Ideally situated in North Alhambra, adjacent to South Pasadena, this classic 1924 Spanish property blends timeless 1924 Spanish character with the confidence of a comprehensive renovation completed in 2001.
Perhaps this property's greatest asset isn't just its location—it's the people who call it home. Long-term residents have taken exceptional pride in their homes, creating a level of care and cleanliness that is rarely found in rental properties.
For an investor, that means acquiring an asset that has been exceptionally well maintained by both ownership and residents—a quality that often translates into lower maintenance demands, responsible tenancy, and greater peace of mind.
The property features four spacious one-bedroom, one-bath units across two separate buildings. Every unit includes in-unit laundry, and the property offers three private garages plus additional driveway parking—highly desirable amenities that continue to attract quality tenants.
With all units occupied on month-to-month leases, the property provides dependable income from day one while offering flexibility as market conditions and ownership goals evolve. Whether you're completing a 1031 exchange, expanding your portfolio, or acquiring your first multifamily investment, this is a rare opportunity to own a clean, well-cared-for asset in one of the San Gabriel Valley's most sought-after rental markets.
**Investment Highlights**
* Four spacious 1-bedroom, 1-bath units
* Current Gross Income: $7,300/month ($87,600/year)
* Long-term, month-to-month tenants
* Exceptional pride of occupancy throughout
* In-unit laundry in every unit
* Three private garages plus additional driveway parking
* Two separate buildings
* Comprehensive renovation completed in 2001
* Prime North Alhambra location adjacent to South Pasadena
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALRPD*
Rooms
Other Rooms Second Garage, Shed(s), Storage, Two On A Lot
Interior
Interior Features Tile Counters, All Bedrooms Down, Bedroom on Main Level
Heating Forced Air
Cooling Central Air
Flooring Carpet, Laminate, Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned, Concrete, Driveway, Garage, On Site
Garage Spaces 3.0
Garage Description 3.0
Fence Stucco Wall
Pool None
Community Features Foothills, Hiking, Park, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Flat,Spanish Tile
Total Parking Spaces 9
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Lawn, Rectangular Lot, Sprinkler System, Street Level
Story 1
Entry Level One
Foundation Tie Down
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories One
Additional Building Second Garage, Shed(s), Storage, Two On A Lot
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5339014007
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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