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Two-Residence Duplex Property

1505 S Garfield Avenue, Alhambra, CA 91801

For Sale
New
$1,450,000

Alhambra, CA

Property Size2,604 SF
Lot Size0.20 Acres
Price / SF$556.84
Days on Market5

Property Features for 1505 S Garfield Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bonus Room, Bathroom 1, Laundry Room
Parking 4
Parking features Garage, Driveway, Open
Window features Wood Frames, Double Pane Windows
Patio and Porch features Porch, Patio
Interior features Dry Bar, Built-in Features, High Ceilings, Pull Down Stairs to Attic, Recessed Lighting, Open Floorplan, Tile Counters
Fireplace 1
Appliances Water Heater, Disposal, Microwave, Tankless Water Heater, Gas Range, Gas Oven, Dishwasher
Lot features Sprinklers In Front, Level with Street, Landscaped, Level, Front Yard, Sprinkler System, Back Yard, Sprinklers In Rear, Yard
Elementary school Ramona
High school Alhambra
Elementary school district Alhambra
Middle school district Alhambra
High school district Alhambra
Directions Exit 10 freeway and head north, on the left
Subdivision 601 - Alhambra
Standard status Active
APN 5357009018
Size 2,604 SF
Lot size 0.20 Acres

Utilities

Sewer type Public Sewer
Heating system Fireplace(s), Wall Furnace, Central
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Wood, Tile, Carpet
Roof type Composition, Tile
Architectural style Spanish
Listing Agency: CENTURY 21 CITRUS REALTY INC · Century 21 Real Estate
Listed By: Sharyn Jung · License #01866000
Added: Nov 5 Changed: Nov 7 Last Checked: Nov 9 at 3:06AM
MLS# CV26238721

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This 1940-built duplex property in Alhambra contains two residences totaling 2,604 square feet on a 0.2031-acre lot. The front home received renovations in 2021, including work to the kitchen, bathroom, plumbing, windows, HVAC, and water heater. Its interior includes wood flooring, arched ceilings, a fireplace, and a bonus room adjoining a bedroom. The rear residence has two bedrooms, one bathroom, a separate backyard, and a laundry area serving the unit. A two-car garage is attached to the rear home, while the garage is separate from the front residence. A new roof was installed in 2025.

The property is at 1505 S Garfield Avenue in Alhambra, California. Both homes offer distinct living spaces on one parcel, with the front residence and rear unit configured separately.

Key Highlights

  • Two residences on a 0.2031‑acre lot
  • 2,604 square feet of building area
  • Front home renovated in 2021; new roof installed in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,475
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,500 $909.5K
Cap Rate 7%
$649,643 $649.6K
Cap Rate 9%
$505,278 $505.3K
Market Conditions
NOI Build-Up for 2,604 SF
Gross rent
$70.3K $27.00/SF
− Vacancy
−$5.3K −$2.05/SF
EGI
$65.0K $24.95/SF
− OpEx
−$19.5K −$7.48/SF
NOI
$45.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,500
Cap Rate 7%
$649,643
Cap Rate 9%
$505,278

Alternative Uses

Best Use
Multifamily LT 5
$649.6K
$568.4K – $757.9K (±1% cap)
NOI $45,475 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$598.6K
$523.8K – $698.3K (±1% cap)
NOI $41,900 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M (±1% cap)
NOI $97,592 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,477
Businesses Nearby

Demographics for 91801, CA

53,669
Population
21,702
Households
2.5
Avg Household Size
41
Median Age
41%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
12,481
Density / Sq Mi
$85,549
Median Household Income
$47,855
Median Earnings
$1,879
Median Rent
$797,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles County, CA

$539 Jul
$543 Aug
$559 Sep
$551 Oct

Properties on Market for Duplexes in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide options for owner occupancy, rental use, or extended household living.
Where is this duplex located?
The property is located at 1505 S Garfield Avenue Alhambra, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two residences on a 0.2031‑acre lot; 2,604 square feet of building area; Front home renovated in 2021; new roof installed in 2025
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