2306 W Alhambra Road, Alhambra, CA 91801
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by: carol bush
Office: seven gables real estate
MLS#:AR26069090
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,790,000
About this home
Positioned in a strong rental pocket of North Alhambra, adjacent to South Pasadena, this 4-unit property offers stable in-place income with a clear path to long-term upside. With 4 spacious 1-bedroom, 1-bath Units across two separate buildings, this property blends 1924 Spanish character with a comprehensive renovation completed in 2001. Each unit includes in-unit laundry, & the property offers 3 private garages plus additional driveway parking, amenities that support strong tenant demand & rental growth. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. All units are fully occupied with month-to-month tenants, providing immediate income & flexibility for a new owner to adjust rents and optimize cash flow. This is an ideal opportunity for a long-term hold investor seeking a well-maintained asset with immediate and achievable income growth. The property has been consistently maintained, minimizing near-term capital expenditures while preserving future value-add potential. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable San Gabriel Valley location known for its strong and consistent rental demand. Investment Highlights: ~Current Gross Income: $7,300/month ($87,600/year). ~Pro Forma Potential: $9,000+/month ($108,000+/year). ~23% rental upside. ~Units with rent increase potential. ~Month-to-month tenants (operational flexibility). ~In-unit laundry in all units. ~3 garages + additional driveway parking....
Contact an agent
Home facts
- Listing ID #:AR26069090
- Added:99 day(s) ago
- Updated:July 10, 2026 at 02:03 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Heating and cooling
- Cooling:Central Forced Air
- Heating:Forced Air Unit
Structure and exterior
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$1,790,000
New listings near 2306 W Alhambra Road
- Open Sat, 1 to 3pmNew
$994,990Active3 beds 3 baths1,440 sq. ft.2920 W Shorb, Alhambra, CA 91803
MLS# SW26148767Listed by: LUSPIAN REALTY - Open Sat, 11am to 2pmNew
$599,888Active1 beds 1 baths632 sq. ft.215 Marengo Avenue, Alhambra, CA 91801
MLS# CV26146455Listed by: NEST REAL ESTATE - Open Sat, 11am to 2pmNew
$599,888Active1 beds 1 baths632 sq. ft.215 S Marengo Avenue, Alhambra, CA 91801
MLS# CV26146455Listed by: NEST REAL ESTATE - Open Sat, 2 to 4pmNew
$1,780,000Active6 beds 4 baths3,279 sq. ft.2222 S Westboro Avenue, Alhambra, CA 91803
MLS# WS26145932Listed by: HARVEST REALTY DEVELOPMENT - New
$598,000Active2 beds 3 baths1,170 sq. ft.821 Garfield Avenue #3, Alhambra, CA 91801
MLS# WS26144208Listed by: LPT REALTY, INC - New
$598,000Active2 beds 3 baths1,170 sq. ft.821 Garfield Avenue #4, Alhambra, CA 91801
MLS# WS26144232Listed by: LPT REALTY, INC - New
$1,495,000Active5 beds 5 baths912 S Garfield, Alhambra, CA 91801
MLS# OC26130851Listed by: WILLIAM BINGLEY, BROKER - New
$700,000Active2 beds 2 baths1,680 sq. ft.143 Palatine, Alhambra, CA 91801
MLS# DW26147291Listed by: WON SUK KIM REAL ESTATE, INC. - New
$1,495,000Active-- beds -- baths9,142 sq. ft.912 S Garfield, Alhambra, CA 91801
MLS# OC26130851Listed by: WILLIAM BINGLEY, BROKER - New
$799,000Active3 beds 3 baths1,442 sq. ft.1818 Garvey Avenue #H, Alhambra, CA 91803
MLS# CL26856057Listed by: GOLDEN PROPERTIES