805 S Olive Avenue, Alhambra, CA 91803

• 8 beds
• 2,750 sqft

Property Description

One property on two parcels! 805 & 807 S Olive Ave. **Rare 4-Unit Opportunity*** perfect for Multigenerational Living, Owner Occupancy or Investment in a Prime Alhambra Location! Currently, Alhambra has no additional rent control other CA State AB1482 guidelines. Exceptional opportunity to acquire two adjacent duplex parcels totaling four residential units in a desirable Alhambra neighborhood. Each unit offers a 2-bedroom, 1-bathroom layout with a highly sought-after single-story, ground-level design - ideal for broad appeal. Each unit features just under 700 square feet of living space with large kitchens and washer/dryer hookups in unit, and include small side/rear yards. Parking is a standout amenity with four detached single-car garages plus four additional off-street spaces - an uncommon benefit for small multifamily properties in this area. Live in one unit while generating rental income from the others. The low-density layout provides privacy and flexibility and offers substantial upside potential through thoughtful interior updates. Possible potential to convert garages to ADUs [Buyer to verify]. This property has been in the same family for decades and they have kept up with regularly scheduled maintenance and replaced the roof in 2025 and upgraded the sewer line. Locate

Listing Status:

Active

Date Added:

March 9, 2026

Data Last Updated:

March 11, 2026 at 2:07AM

Listing Office:

Coldwell Banker Realty : 949-385-8900

Listing Agent:

Vanessa McCoy : 818-522-4571

MLS ID:

CRSR26041884

Interior

• Laundry: OtherIn Kitchen
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace
• Disability Feature: Accessible DoorsOther

Exterior

• General: Front YardOtherGarden
• Parking: OtherGarage Faces Front

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 5350020007
• Fencing: Wood

Financial

• Source: CRMLS