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Four-Unit Townhome-Style Quadplex
For Sale
$3,800,000

81 Palmetto Drive, Alhambra, CA 91801

Two buildings offer a mix of two- and three-bedroom residences with attached garages.

Property Size4,796 SF
Price / SF$792.33
Days on Market15

Property Features for 81 Palmetto Drive

General Information

Standard status Active
Size 4,796 SF
Total Parking Spaces 11
Property subtype Multi-family
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR, 2 x 2BR
Multifamily Units 4

Additional Details

Gross Income $184,800

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
Buildings 2
Construction contemporary
Tenancy Multi
Listing Agency: Compass
Listed By: Joseph Chan
Source: Sevengables
Added: Sep 17 Changed: Oct 1 Last Checked: Oct 1 at 11:16AM

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 Compass

Investment Insights

Based on property information with market context.

Built in 2021, this 4,796-square-foot property comprises two buildings with four townhome-style residences: two three-bedroom units and two two-bedroom units. Open kitchens feature quartz counters, modern cabinetry and stainless steel appliances, alongside connected living and dining areas. Each residence has a private balcony, in-unit laundry, central heating and air conditioning, a tankless water heater, a security system and direct entry to a private two-car attached garage. The property also has drought-tolerant landscaping with sprinklers and individual gas, water and electric meters for each unit.

Eight garage spaces and three guest spaces provide 11 parking spaces. All four residences are occupied, with one unit available for delivery vacant at closing. The property is near Main Street shopping and dining, with access to Pasadena, Downtown Los Angeles and major freeways.

Key Highlights

  • Four residences across two buildings, built in 2021
  • 4,796 square feet with a mix of two- and three‑bedroom units
  • Each unit has a private two‑car attached garage and balcony

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?
Quadplex - Two buildings offer a mix of two- and three-bedroom residences with attached garages.
Where is this quadplex located?
The property is located at 81 Palmetto Drive 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, built in 2021; 4,796 square feet with a mix of two- and three‑bedroom units; Each unit has a private two‑car attached garage and balcony
More about this property
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