309 Palm Avenue, Alhambra
Alhambra Home For Sale
Great potential investment in this stunning 4-unit Spanish Revival property located in one of the premier locations in north Alhambra directly across from Alhambra Park and north of Main Street! All 4 units have views of Alhambra Park and its manicured greenbelt. With almost 4,400 square feet of living space, each unit averages about 1100 square feet. Beautiful high-arched ceilings in the upstairs units make it feel even more expansive. The building mix is (1) 2 bedroom 1 bath unit and (3) 1 bedroom one bath units. Each unit boasts a large living room, separate formal dining room, spacious bedrooms, updated bathrooms, and kitchens with either granite or tile. Each unit has its own private laundry room with washer and dryer hookups. There are 5 separate garages on the property and convenient off-site parking as well. As a bonus, the public park offers extensive walking paths, a swimming pool, basketball and tennis courts. It's also easy to keep 100% rented!The hallmarks of this wonderful property are it's expansive living space at almost 4,400 square ft and it's excellent north Alhambra location. right across from Alhambra Park. Rents were not raised during the pandemic. Current market rate rental adjustments are pending. Financial details are based upon projected rent. Additionally, 3 units could be reconfigured from 1 to 2 bedrooms for future additional rent potential.
Property Details
Additional Information
-
- City:
- Alhambra
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- County:
- Los Angeles
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- Zip:
- 91801
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- MLS® #:
- P1-16860
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- Bedrooms:
- 5
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- Bathrooms:
- 4
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- Lot Size:
- 0.17
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- Neighborhood:
- Other
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- Levels:
- Two
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- Garages:
- 5
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- HOA Dues:
- $
Price Change History for 309 Palm Avenue, Alhambra, (MLS® #P1-16860)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $1,498,000 | $100,000 (6.26%) | |
| Price Reduced | $1,598,000 | $52,000 (3.15%) | |
| Price Reduced | $1,650,000 | $100,000 (5.71%) | |
| Active | – | – | |
| Price Reduced (from $1,800,000) | $1,750,000 | $50,000 (2.78%) | |
| Show More (1) | |||
| Active Under Contract (from Active) | – | – | |
Based on information from California Regional Multiple Listing Service, Inc. as of July 22nd, 2024 at 4:56pm PDT. 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.