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Duplex with Bonus Studio

3215 Sherwood Avenue Alhambra, CA 91801

3215 Sherwood Avenue, Alhambra, CA, 91801
$1,299,000
For Sale
$1,299,000

Contemporary, Other - Alhambra, CA

Property Size2,498 SF
Lot Size0.22 Acres
Price / SF$520.02
Days on Market8

Property Features for 3215 Sherwood Avenue

General Information

Property type
Other
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking
1
Parking features
Garage
Interior features
Cathedral Ceiling(s)
Appliances
Dishwasher, Garbage Disposer, Range, Range - Gas, Refrigerator, Washer
Standard status
Active
APN
5292020010
Size
2,498 SF
Lot size
0.22 Acres

Utilities

Heating system
Central, See Remarks (Heating)
Cooling system
Central Air

Building Details

Year built
1920
Floors in Building
2
Flooring type
Laminate, Vinyl
Roof type
Composition
Architectural style
Contemporary
Listing Agency Engel & Völkers Pasadena
345 East Colorado Boulevard, Suite 130, Pasadena, CA
Listed by Gary Frueholz
Added: Jul 12 Checked: Jul 19 at 5:06 pm
MLS# PF26027127 Listing URL

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This contemporary duplex offers two separate residences with individual backyards separated by a wall, plus a bonus studio unit. The property includes an enclosed four-car garage and three additional exterior parking spaces. Both units are separately metered for electricity and gas.

The front unit features a remodeled kitchen and full bathroom, laminate flooring, a spacious living room with fireplace, and a dining room with vintage display cabinetry. Additional interior features include a den/office that could be used as a third bedroom, a separate laundry room with washer and dryer hookup, included appliances, mini-split HVAC in each bedroom, and an attached alcove reading room. The unit also includes off-street parking, a freestanding barbeque, and a walk-in closet.

The rear unit is a second-story layout with three bedrooms and two full bathrooms, a large living room with vaulted ceiling and bookshelves, and numerous windows. It includes HVAC, an in-unit kitchen with included appliances, laminate flooring, and a covered patio adjacent to the front door, along with an enclosed backyard with shade trees.

Key Highlights

  • Duplex on a 9,461 SF lot with two separately metered units plus a bonus studio unit
  • Each unit has its own enclosed backyard space separated by a wall
  • Rear unit: 3 bedrooms and 2 full bathrooms with a vaulted‑ceiling living room and covered patio

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.4k $27.00
− Vacancy −$5.1k −$2.05
EGI $62.3k $24.95
− OpEx −$18.7k −$7.48
NOI $43.6k $17.46
2,498 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$623.2K
$545.3K – $727.1K (±1% cap)
NOI $43,624 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$574.2K
$502.4K – $669.9K (±1% cap)
NOI $40,195 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,619 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Electrical Service Garden Center Skin Care Clinic Plumbing Service Carpet & Flooring Store Hair Salon Storage Facility Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two separately metered units plus a bonus studio on a large lot with enclosed four-car garage and exterior parking.
Where is this duplex located?
The property is located at 3215 Sherwood Avenue Alhambra, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Duplex on a 9,461 SF lot with two separately metered units plus a bonus studio unit; Each unit has its own enclosed backyard space separated by a wall; Rear unit: 3 bedrooms and 2 full bathrooms with a vaulted‑ceiling living room and covered patio
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