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Alhambra Triplex Near Alhambra Park
For Sale
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513 N Palm Avenue, Alhambra, CA 91801

Triplex in prime location with development potential and strong upside.

Property SizeContact for details
Days on Market143

Property Features for 513 N Palm Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Stories 2
Units 3
Listing Agency: Joy Realty Inc.
Listed By: Monica Young · License #02080388
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 12 at 5:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joy Realty Inc.

Investment Insights

Based on property information with market context.

This triplex property is located in Alhambra, directly across from Alhambra Park. The property features approximately 100 feet of frontage, offering potential for future development or long-term investment. The unit mix consists of three 2-bedroom, 1-bath units (front, side, and top) along with a shared laundry area. The property also includes a spacious backyard, detached garage, workshop, storage room, and additional carport parking. It is located near the desirable North Alhambra neighborhoods, just south of Alhambra Road and minutes from South Pasadena.

Key Highlights

  • Prime Alhambra location directly across from Alhambra Park.
  • Rare triplex opportunity with strong upside potential.
  • Approximately 100 feet of frontage, offering excellent potential for future development or long‑term investment.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Bakery Clothing & Fashion Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,328
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex in prime location with development potential and strong upside.
Where is this triplex located?
The property is located at 513 N Palm Avenue Alhambra, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime Alhambra location directly across from Alhambra Park.; Rare triplex opportunity with strong upside potential.; Approximately 100 feet of frontage, offering excellent potential for future development or long‑term investment.
More about this property
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