$1,850,000

2306 W Alhambra Road, Alhambra, CA 91801

  • 3,060 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $605/sqft
  • Property List Date Icon Listed 21 hours ago

Property Description

Positioned in a desirable pocket of North Alhambra, adjacent to South Pasadena, this beautifully renovated 4-unit property offers the ideal blend of stability, charm, and long-term upside. Remodeled from the studs out in 2020 and meticulously maintained, this turnkey asset delivers immediate income with minimal maintenance, an increasingly rare opportunity for today’s investors. The property features two separate buildings, each offering two spacious one-bedroom, one-bath residences that combine 1924 Spanish Art Deco character with modern updates. Private garages and in-unit laundry provide added convenience for tenants and ease of management, while the architectural charm creates lasting rental appeal. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. Current rents are slightly below market and have not been recently adjusted, offering a clear opportunity to optimize cash flow and long-term growth. This an excellent low-maintenance investment in a strong rental market. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable location known for its charm, accessibility, and enduring rental demand. A rare opportunity to acquire a renovated, character rich fourplex in a prime San Gabriel Valley location with immediate income and long-term investment potential.

Listing Status:
Coming Soon
Data Last Updated:
April 2, 2026 at 1:16AM
Listing Office:
Seven Gables Real Estate : 626-538-1636
Listing Agent:
Carol Bush : 626-538-1636
MLS ID:
AR26069090
  • General: Tile CountersAll Bedrooms DownBedroom on Main Level
  • Appliances: Gas Range
  • Laundry: Washer HookupGas Dryer HookupInside
  • Flooring: CarpetLaminateTileWood
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: None
  • General: Second GarageShed(s)StorageTwo On A Lot
  • Style: Spanish
  • Other Structures: Second GarageShed(s)StorageTwo On A Lot
  • Pool: None
  • Parking: AssignedConcreteDrivewayGarageOn SiteParking spaces: 9
  • Roofing: FlatSpanish Tile
  • General: DrywallStuccoCopper Plumbing1Tie Down
  • Road/Access: City Street
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: ALRPD*5339014007
  • View: Mountain(s)NeighborhoodView
  • Fencing: Stucco Wall
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM
  • Exclusions: WashersDryers & Refrigerators belong to tenants.

This listing courtesy of Carol Bush , Seven Gables Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Park Elementary School

301 N Marengo Ave, Alhambra, CA, 91801

Grades KG-8

0.40 miles away

P

Park Elementary School

301 N Marengo Ave, Alhambra, CA, 91801

Grades KG-8

0.40 miles away

I

Independence High (Alternative)

20 S Marengo Ave, Alhambra, CA, 91801

Grades 9-12

0.69 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.

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