Renovated Quadplex with In-Unit
2306 W Alhambra Road Alhambra, CA 91801
2306 W Alhambra Road, Alhambra, CA, 91801
$1,790,000
For Sale
$1,790,000
Renovated fourplex offering in-unit laundry, private garages, and fully occupied one-bedroom units.
Days on Market154
Property Features for 2306 W Alhambra Road
General Information
- Standard status
- Active
- Property subtype
- Multi-family
Building Details
- Year Built
- 1924
Listing agency
Seven Gables Real Estate (626-226-6535)
(626) 226-6535
Listed by
Carol Bush · License #01995250
(626) 226-6535
Source
Sevengables
Added: Feb 17 Updated: Jul 10 at 1:49PM Checked: Jun 5 at 3:00AM
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Investment Insights
Based on property information with market context.
This 4-unit quadplex features four spacious 1-bedroom, 1-bath homes spread across two separate buildings. The property incorporates 1924 Spanish character and underwent a comprehensive renovation completed in 2001. Practical day-to-day features include in-unit laundry for every unit, supporting tenant convenience. Parking is also addressed with 3 private garages plus additional driveway parking for residents.
Located in North Alhambra adjacent to South Pasadena, the property benefits from a San Gabriel Valley rental setting and is described as being minutes from South Pasadena and Alhambra Park, with a convenient Downtown Los Angeles commute.
The quadplex is fully occupied with responsible, stable month-to-month tenants, providing immediate rental income along with operational flexibility for a new owner. Income currently totals approximately $7,300 per month (about $87,600 per year), with pro forma potential noted at $9,000+ per month (about $108,000+ per year). For buyers seeking a well-maintained, income-producing property, the combination of in-unit laundry, private garage parking, and documented current and projected gross income supports a straightforward long-term hold strategy.
Located in North Alhambra adjacent to South Pasadena, the property benefits from a San Gabriel Valley rental setting and is described as being minutes from South Pasadena and Alhambra Park, with a convenient Downtown Los Angeles commute.
The quadplex is fully occupied with responsible, stable month-to-month tenants, providing immediate rental income along with operational flexibility for a new owner. Income currently totals approximately $7,300 per month (about $87,600 per year), with pro forma potential noted at $9,000+ per month (about $108,000+ per year). For buyers seeking a well-maintained, income-producing property, the combination of in-unit laundry, private garage parking, and documented current and projected gross income supports a straightforward long-term hold strategy.
Key Highlights
- Four 1‑bedroom, 1‑bath units in two separate buildings, built in 1924 with a renovation completed in 2001
- All units have in‑unit laundry
- Parking includes 3 private garages plus additional driveway parking
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FAQs
What type of property is this?
Quadplex - Renovated fourplex offering in-unit laundry, private garages, and fully occupied one-bedroom units.
Where is this quadplex located?
The property is located at 2306 W Alhambra Road Alhambra, CA.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units in two separate buildings, built in 1924 with a renovation completed in 2001; All units have in‑unit laundry; Parking includes 3 private garages plus additional driveway parking