$2,100,000

101 S Olive Avenue, Alhambra, CA 91801

5,416 sqft

other
Built in 1941
0.34acre lot
—— car garage
$388/sqft
Listed 8 days ago

Property Description

RIA and Compass are pleased to offer for sale a rare multi-family property featuring bungalow-style units on a large 15,020 SF lot, located on a quiet residential street. Featuring spacious, standalone home type units that are all 2Bed+1bath on a large lot yielding the future potential for a redevelopment. At the rear are seven enclosed garages and open parking that accommodate five vehicles. Great upside and excellent desirability amongst other apartment units. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. This is a rare opportunity to acquire unique rental units on a very large lot in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

Listing Status:: Active
Date Added:: February 7, 2026
Data Last Updated:: February 15, 2026 at 7:06AM
Listing Office:: Realty Investment Advisors, Inc. :
Listing Agent:: Alexander Metaxas : 626-313-4901
MLS ID:: CL26648991

Originating MLS: CRMLS
County: Los Angeles

Zoning: ALRP5343020001

Source: CRMLS

This listing courtesy of Alexander Metaxas , Realty Investment Advisors, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

William Northrup Elementary School

409 S Atlantic Blvd, Alhambra, CA, 91801

Grades KG-8

0.28 miles away

William Northrup Elementary School

409 S Atlantic Blvd, Alhambra, CA, 91801

Grades KG-8

0.28 miles away

Independence High (Alternative)

20 S Marengo Ave, Alhambra, CA, 91801

Grades 9-12

0.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.