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4-Unit Townhome-Style Multifamily Property
New
For Sale
$3,800,000

81 Palmetto Dr, Alhambra, CA 91801

Residential Income, Contemporary, Alhambra, CA

Property Size4,796 SF
Lot Size0.21 Acres
Price / SF$792.33
Days on Market1

Property Features for 81 Palmetto Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning ALRPD*
Bedrooms 10
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 1, Bedroom 2, Bedroom 8, Bedroom 10, Bathroom 7, Bedroom 7, Bathroom 11, Dining Room, Bedroom 9, Bathroom 10, Bedroom 4, Bathroom 3, Bathroom 6, Bathroom 9, Bedroom 1, Bedroom 6, Bathroom 2, Bathroom 5, Bathroom 8, Bathroom 4, Bathroom 12, Bedroom 3, Bedroom 5
Parking 11
Parking features Driveway, Guest, Garage
Directions West of Garfield Ave, South of Mission Rd.
Subdivision Alhambra
Standard status Active
APN 5347-008-006
Size 4,796 SF
Lot size 0.21 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

in-unit laundry
private balconies
central heating and air conditioning
tankless water heaters
security systems
drought-tolerant landscaping with sprinklers

Building Details

Year built 2021
Floors in Building 3
Number of units 4
Flooring type Engineered
Roof type Flat
Architectural style Contemporary
Listing Agency: Compass
Listed By: Joseph Chan · License #02246679
Added: Sep 24 Last Checked: Sep 24 at 9:06PM
MLS# 26991413

Copyright © 2026 The MLS/CLAW. 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.

Completed in 2021, this contemporary multifamily property comprises two buildings with four townhome-style residences. The unit mix includes two three-bedroom homes and two two-bedroom homes, with a combined 4,796 square feet on a 0.2136-acre parcel. Interiors feature open kitchens, quartz counters, stainless steel appliances, private balconies, and in-unit laundry. Each residence also has a private attached two-car garage. Central heating and air conditioning, tankless water heaters, and security systems are among the building features.

The property is in Alhambra, near Main Street shopping and dining, with access to Pasadena, Downtown Los Angeles, and major freeways. Zoning is ALRPD*. All four units are occupied, with one unit available for delivery vacant at closing.

Key Highlights

  • Four residences across two buildings, with two three‑bedroom units and two two‑bedroom units
  • Built in 2021; 4,796 square feet on a 0.2136‑acre parcel
  • Eight garage spaces and three guest parking spaces, for 11 total

Property Analytics

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Current Use

walk-it-out Kennel & Boarding Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Barber Shop Storage Facility Butcher

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

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,917
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

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?
Multifamily property - All four residences have separate gas, water, and electric meters.
Where is this multifamily property located?
The property is located at 81 Palmetto Dr Alhambra, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Four residences across two buildings, with two three‑bedroom units and two two‑bedroom units; Built in 2021; 4,796 square feet on a 0.2136‑acre parcel; Eight garage spaces and three guest parking spaces, for 11 total
More about this property
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