805 S Olive Avenue, Alhambra, CA 91803
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
805 S Olive Avenue,Alhambra, CA 91803
$1,580,000
- - Beds
- - Baths
- 2,750 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Mar 1401:00 pm - 04:00 pm
Listed by: vanessa mccoy
Office: coldwell banker realty
MLS#:SR26041884
Source:CRMLS
Price summary
- Price:$1,580,000
- Price per sq. ft.:$574.55
About this home
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. Located near shopping, dining, schools, and major commuter corridors, this property benefits from strong ongoing demand in the San Gabriel Valley for both rental housing and owner-user multifamily opportunities. Properties offering this combination of flexibility, income potential, and long-term appreciation are increasingly limited in Alhambra. Don't wait!
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Home facts
- Year built:1951
- Listing ID #:SR26041884
- Added:1 day(s) ago
- Updated:March 10, 2026 at 02:33 AM
Rooms and interior
- Kitchen Description:Free Standing Range, Gas Range
- Living area:2,750 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1951
- Building area:2,750 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Front Yard, Garden, Lawn, Yard
- Architectural Style:Traditional
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,580,000
- Price per sq. ft.:$574.55
Features and amenities
- Appliances:Free Standing Range
- Amenities:All Bedrooms Down
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