Date
Details
Price
Change
Source
2/07/2026
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,300,000 Just Listed
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Property Description
RIA and Compass are pleased to offer for sale a rare offering of a multi-family property with bungalow style units on a large 18,895 SF lot on a quiet residential street. The property was purchased decades ago as eight rental units and continued to operate at eight, but the county records show seven units on the site. Buyer to perform their own diligence on the one non-conforming unit. Featuring spacious, standalone home type units that are all 2Bed+1bath on a large lot yielding the future potential for a redevelopment. At the rear are eight enclosed garages and open parking that accommodate eight vehicles. Solid in place rents offer an investor nearly a 5% cap with great upside and excellent desirability amongst other apartment units. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. This is a rare opportunity to acquire unique rental units on a very large lot in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.
Full Property Details
Full Property Details for 204 S Olive Ave
General
- Price: $2,300,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26648997
- Updated: 2/8/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 14
Additional Information
- Other Features: Other
Parking
- Garage Description: Garage Is Detached, Other
Location
- Area: Alhambra
- County: Los Angeles
- Driving Directions: W Main St & S Olive Ave
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 7
- Stories/Levels: 0
- Square Feet: 7,158
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1929
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 7
- Unit Type: 2106
Unit 1
- Total Bathrooms: 7
- Bedrooms: 14
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.4339
- Lot Size: 18901
- Lot Size Source: Vendor Enhanced
- Zoning: ALRPD*
Financial Considerations
- Price Per Sq. Ft.: $321.32
- Assessment Year: 1929
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5343-024-012
Listed by Compass, Bo Hyeok Kim and Realty Investment Advisors, Inc., Alexander Metaxas
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 204 S Olive Ave —
Bo Hyeok Kim
Compass
Alexander Metaxas
Realty Investment Advisors, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 204 S Olive Ave
School District:Alhambra Unified School District
| Name | Grades | Distance |
|---|---|---|
William Northrup Elementary School 409 S. Atlantic Blvd., Alhambra, CA 91801 | K-8 | 0.2 mi |
Alhambra High School 101 South 2nd Street, Alhambra, CA 91801 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 204 S Olive Ave
Tax History
Tax History for 204 S Olive Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,000
3%
$696,582
2%
2024
$10,728
-1%
$682,931
2%
2023
$10,873
4%
$669,548
2%
2022
$10,460
1%
$656,427
2%
2021
$10,334
—
$643,563
1%
2020
$10,286
2%
$636,968
2%
2019
$10,036
2%
$624,166
2%
2018
$9,800
2%
$611,928
2%
2017
$9,635
7%
$599,930
2%
2016
$9,028
1%
$588,167
2%
2015
$8,910
1%
$579,333
2%
2014
$8,854
—
$567,985
—
2013
$8,830
—
$565,419
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 204 S Olive Ave
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204 S Olive Ave, Alhambra, CA 91801 (MLS# 26648997) is a Multi-Family property with units containing 14 bedrooms and 0 full bathrooms. 204 S Olive Ave is currently listed for $2,300,000 and was received on February 07, 2026. Want to learn more about 204 S Olive Ave? Do you have questions about finding other Multi-Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.