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2306 W Alhambra Road
601 - Alhambra Alhambra 91801

$1,790,000
Residential Income built: 1924

Main Photo: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 1: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 2: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 3: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 4: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 5: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 6: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 7: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 8: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 9: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 10: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 11: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 12: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 13: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 14: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 15: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 16: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 17: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 18: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 19: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 20: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 21: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 22: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 23: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 24: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 25: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 26: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 27: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 28: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Photo 29: 2306 W Alhambra Road in Alhambra: Residential Income for sale (601 - Alhambra)  : MLS®# AR26158732
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
AR26158732
Year Built:
1924
**The best investment properties don't just generate income—they inspire confidence. This North Alhambra fourplex offers both.** From the day you close, you'll own a well-maintained four-unit property in one of the San Gabriel Valley's most desirable rental markets, providing dependable income from the start. Ideally situated in North Alhambra, adjacent to South Pasadena, this classic 1924 Spanish property blends timeless 1924 Spanish character with the confidence of a comprehensive renovation completed in 2001. Perhaps this property's greatest asset isn't just its location—it's the people who call it home. Long-term residents have taken exceptional pride in their homes, creating a level of care and cleanliness that is rarely found in rental properties. For an investor, that means acquiring an asset that has been exceptionally well maintained by both ownership and residents—a quality that often translates into lower maintenance demands, responsible tenancy, and greater peace of mind. The property features four spacious one-bedroom, one-bath units across two separate buildings. Every unit includes in-unit laundry, and the property offers three private garages plus additional driveway parking—highly desirable amenities that continue to attract quality tenants. With all units occupied on month-to-month leases, the property provides dependable income from day one while offering flexibility as market conditions and ownership goals evolve. Whether you're completing a 1031 exchange, expanding your portfolio, or acquiring your first multifamily investment, this is a rare opportunity to own a clean, well-cared-for asset in one of the San Gabriel Valley's most sought-after rental markets. **Investment Highlights** * Four spacious 1-bedroom, 1-bath units * Current Gross Income: $7,300/month ($87,600/year) * Long-term, month-to-month tenants * Exceptional pride of occupancy throughout * In-unit laundry in every unit * Three private garages plus additional driveway parking * Two separate buildings * Comprehensive renovation completed in 2001 * Prime North Alhambra location adjacent to South Pasadena
Home Style:
Spanish
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
10,966 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1924 (Age: 102)
General Listing Location:
Alhambra, 601 - Alhambra
County Or Parish:
Los Angeles
Tenant Pays:
Cable TV, Electricity, Gas
Common Interest:
None
Gross Income:
$87,600
Gross Scheduled Income:
$87,600
Net Operating Income:
$79,242
Rent Control:
No
Total Actual Rent:
$86,400
Land Lease:
No
Gardener expense:
1800.0
Insurance Expense:
$2,838
Operating Expense:
$8,358
Trash Expense:
$720
Water and Sewer Expense:
$3,000
Tax Lot:
169
South of Huntington between Fremont and Marengo
Floor
Type
Size
Other
-
Living Room
Measurements not available
-
-
Bedroom
Measurements not available
Bedroom on Main Level
-
Kitchen
Measurements not available
-
-
Laundry
Measurements not available
-
-
Bedroom
Measurements not available
All Bedrooms Down
View:
Mountain(s), Neighborhood
Features Excluded:
Washers, Dryers & Refrigerators belong to tenants.
Appliances:
Gas Range
Number of Buildings:
2
Other Structures:
Second Garage, Shed(s), Storage, Two On A Lot
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
1
# Units Leased:
4
Community Features:
Foothills, Hiking, Park, Street Lights, Suburban, Sidewalks
Senior Community:
No
Interior Features:
Tile Counters, All Bedrooms Down, Bedroom on Main Level
Laundry Features:
Washer Hookup, Gas Dryer Hookup, Inside
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Back Yard, Corner Lot, Front Yard, Lawn, Rectangular Lot, Sprinkler System, Street Level
Fireplace Features:
None
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
Front
Construction Materials:
Drywall, Stucco, Copper Plumbing
New Constr.:
No
Flooring:
Carpet, Laminate, Tile, Wood
Foundation:
Tie Down
Roof:
Flat, Spanish Tile
Common Walls:
1 Common Wall
# Units:
4
Property Condition:
Updated/Remodeled
Heating:
Forced Air
Fireplace:
No
Cooling:
Central Air
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Fencing:
Stucco Wall
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Road Frontage Type:
City Street
Road Surface Type:
Paved
Garage Spaces:
3
Uncovered Spaces:
6
Total Parking Spaces:
9
Parking Features:
Assigned, Concrete, Driveway, Garage, On Site
Special Listing Conditions:
Standard
Parcel Number:
5339014007
Zoning:
ALRPD*
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Listed by Seven Gables Real Estate
Data was last updated July 24, 2026 at 12:40 PM (UTC)