513 N Palm Avenue, Alhambra, CA 91801
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
513 N Palm Avenue,Alhambra, CA 91801
$2,280,000
- 2 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: elizabeth kho, monica young
Office: joy realty group inc.
MLS#:PF26184591
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,280,000
About this home
"Rare" triplex opportunity in a prime, highly desirable North Alhambra location directly across from the beautiful Alhambra Park, which features pristine tennis courts, a public swimming pool, and fantastic community recreation activities. Spanning an impressive, level 15,000 square foot parcel with 100 feet of wide street frontage, this property is a builder's dream. A conceptual 7-unit townhome project is currently under works, offering excellent potential for future development or a rewarding long-term investment. The current owner-developer has been busy on much larger projects, allowing a startup investor the chance to take over this asset along with extensive planning materials, unit configurations, and optimized bedroom layouts crafted specifically to maximize the buildable footprint. While you finalize your building goals, secure permits, or hold for appreciation, you can enjoy immediate, reliable cash flow from the existing rentable multiple residential units. The current mix consists of three bright 2-bedroom, 1-bathroom homes strategically configured as front, side, and top units, along with a shared laundry area for daily tenant convenience. The oversized lot also boasts an expansive backyard perfect for outdoor relaxation, a detached garage, a functional workshop, a separate storage room, and additional carport parking. Ideally located near the sought-after North Alhambra neighborhoods, just south of Alhambra Road and mere minutes from South Pasadena, this property seamlessly combines a prime foothill location with undeniable upside potential. This sale comes p...
Contact an agent
Home facts
- Listing ID #:PF26184591
- Added:73 day(s) ago
- Updated:November 08, 2026 at 03:21 PM
Rooms and interior
- Bedrooms:2
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,280,000
New listings near 513 N Palm Avenue
- Coming Soon
$925,000Coming Soon3 beds 2 baths1,817 sq. ft.1616 Siwanoy, Alhambra, CA 91803
MLS# PW26234604Listed by: T.N.G. REAL ESTATE CONSULTANTS - New
$1,100,000Active4 beds 3 baths215 S Meridian, Alhambra, CA 91801
MLS# WS26239429Listed by: ALLIANCE REALTY KINGDOM INC. - New
$1,450,000Active5 beds 2 baths2,604 sq. ft.1505 S Garfield Avenue, Alhambra, CA 91801
MLS# CV26238721Listed by: CENTURY 21 CITRUS REALTY INC - Open Sun, 1 to 3pmNew
$998,000Active5 beds 4 baths3,000 sq. ft.142 Stockbridge, Alhambra, CA 91801
MLS# CV26238873Listed by: K.W. EXECUTIVE - Open Sun, 1 to 4pmNew
$508,800Active2 beds 2 baths884 sq. ft.811 S 4th Street #16, Alhambra, CA 91801
MLS# PW26237882Listed by: MEADOWBROOK REALTY - Open Sun, 1am to 4pmNew
$458,000Active2 beds 2 baths884 sq. ft.809 S 4th Street #1, Alhambra, CA 91801
MLS# PW26238561Listed by: MEADOWBROOK REALTY - Open Sun, 1 to 4pmNew
$1,049,000Active3 beds 2 baths1,632 sq. ft.1721 S Date, Alhambra, CA 91803
MLS# BB26236253Listed by: REDFIN CORPORATION - New
$1,650,000Active5 beds -- baths2,870 sq. ft.1817 Vine Street, Alhambra, CA 91801
MLS# CL26105103Listed by: JAMIE PARK - Open Sun, 1 to 4pmNew
$1,198,000Active3 beds 2 baths1,666 sq. ft.2309 Melhorn, Alhambra, CA 91803
MLS# AR26237064Listed by: TREELANE REALTY GROUP INC. - Open Sun, 1 to 4pmNew
$1,100,000Active3 beds 2 baths1,880 sq. ft.1005 S 5th, Alhambra, CA 91801
MLS# AR26203657Listed by: REAL BROKERAGE TECHNOLOGIES, INC