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2306 W Alhambra Road
Alhambra CA 91801 US

$1,990,000

Active Listing ID AR24197902
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4 bed
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4.00 Bath (4 Full)
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Lot: 10,966.00 Square Feet
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Quadruplex

$1,990,000

Active Listing ID AR24197902
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2306 W Alhambra Road FOUR UNITS: Capture the chance for a prime investment opportunity with this pair of meticulously renovated Art Deco Spanish Duplexes, promising immediate cash flow, low maintenance and long-term appreciation. These meticulously renovated units, nestled in the vibrant heart of Northwest Alhambra present an unparalleled opportunity for astute investors to acquire a high-performing, low-risk multi-unit asset, without the need for renovations. Each of the four units has been thoughtfully updated to blend historic charm with contemporary amenities, ensuring a high-quality living experience. The Comprehensive Renovation in 2001 encompassed all aspects of the property, including updated kitchens and baths, open floor plans, in-unit laundry, and modernized systems (HVAC, plumbing, electrical). The property also features seismic retrofitting for enhanced earthquake safety. Three private garages and two locking storage rooms provide additional amenities. On the exterior, fresh paint, completely redone concrete surfaces, including driveways and walkways, enhance curb appeal and reduce future maintenance costs. Stable Tenant Base: All units are fully occupied by long-term, reliable tenants on month-to-month leases, with low market rents, offering flexibility for rent increases to optimize the rental income, in addition to organic growth from market appreciation. Prime Location, situated on a corner lot in Northwest Alhambra, offering easy access to local amenities, schools, and South Pasadena's vibrant dining and shopping scene. This property offers a unique opportunity for investors seeking passive income and significant upside potential. With its blend of historic charm, modern updates, and prime location, it stands out in today’s competitive market. Ideal for seasoned investors and first-time buyers looking to house-hack, this low-risk, high-reward asset is poised for appreciation in one of Alhambra's most desirable neighborhoods.

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Property Features

  • Facts
  • Lot Size: 10,966.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • Exterior Finish: Fence, Community Features Included: Foothills, Hiking, Park, Sidewalks, Street Lights, Suburban, Corner Lot, Front Yard, Lawn, Level With Street, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System
  • Floor Covering: Carpet, Wood
  • Roof Type: Flat, Spanish Tile, Tile
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1990000
  • unparsedaddress: 2306 W Alhambra Road
  • postalcity: Alhambra
  • stateorprovince: CA
  • country: US
  • postalcode: 91801
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.251744719926538
  • lotsizeunits: Square Feet
  • lotsizearea: 10966
  • livingarea: 3060
  • livingareaunits: Square Feet
  • latitude: 34.098439
  • longitude: -118.148714
  • listagentfullname: Carol Bush
  • listagentemail: carolbushhomes@gmail.com
  • listagentkey: 3yd-MRMLSCA-AR41717
  • listagentmlsid: AR41717
  • listagentpreferredphone: 6262266535
  • listagentofficephone: 6265381636
  • listofficekey: 3yd-MRMLSCA-31270
  • listagentstatelicense: 01995250
  • listofficemlsid: 31270
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1924
  • listingcontractdate: 2024-09-26
  • listagenturl: http://carolbushhomes.com
  • countyorparish: Los Angeles
  • parcelnumber: 5339014007
  • constructionmaterials: Stucco
  • flooring: Carpet, Wood
  • heating: Forced Air
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 3
  • parkingfeatures: Assigned, Driveway, Garage
  • roof: Flat, Spanish Tile, Tile
  • view: Mountain
  • waterfrontyn: False
  • interiorfeatures: Copper Plumbing Full, Tile Counters
  • exteriorfeatures: Fence, Community Features Included: Foothills, Hiking, Park, Sidewalks, Street Lights, Suburban, Corner Lot, Front Yard, Lawn, Level With Street, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System
  • architecturalstyle: Spanish
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.14871, 34.09844
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"House of Seven Gables Real Estate Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"carolbushhomes@gmail.com", "ListBrokerageCity":"Tustin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mikeh@sevengables.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/2dc25bb09cea11e4a8516ecbe8fd6c0e/20180512072957728.png", "ListBrokerageName":"House of Seven Gables Real Estate Inc.", "ListBrokeragePhone":"(714) 731-3777", "ListBrokeragePostalCode":"92780", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"12651 Newport Ave", "ListBrokerageWebsiteUrl":"https://sevengables.com", "ListOfficeAddress1":"326 S. Myrtle Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"AR45459", "ListOfficeCity":"Monrovia", "ListOfficeCountry":"US", "ListOfficeEmail":"mikeh@sevengables.com", "ListOfficePostalCode":"91016", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Spanish, Quadruplex - Alhambra, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2306-W-Alhambra-Rd_Alhambra_CA_91801_M28265-91522?f=listhub&s=MRMLSCA&m=AR24197902&c=rexren", "MLSModificationTimestamp":"2024-09-26T15:34:46Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/11/2025 1:09:49 AM GMT
Source Updated Date: 3/11/2025 6:48:48 AM GMT

Courtesy of: Carol Bush, Seven Gables Real Estate, carolbushhomes@gmail.com

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.