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$1,180,000

  • Sold
  • Closed
  • Multi-Family
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Excellent investment opportunity. Great location with nice environment near down town Alhambra. Spanish style 2 unit duplex on the 8911 square foot lot, which is at residential high density zone that allow you to build 6 units (4 main units plus 2 ADUs) on the lot, and the property owner has the plan design by the architect, which can be provided to the buyers. Please do your own diligence. You can apply for the building permits while still collecting rent from the existing tenants. Don't miss this great investment opportunity. No contingency on Seller's 1031 exchange.

Full Property Details for 224 N Olive

General

  • Sold For: $1,180,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR26145987
  • Added to Site: 95 day(s) ago

Rooms

Other Rooms

  • Laundry: Gas & Electric Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 3

Location

  • Area: 601 - Alhambra
  • County: Los Angeles
  • Development Name: 601 - Alhambra
  • Driving Directions: Near cross street of Olive and St Charles Terrace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 2
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: ground
  • Square Feet: 1,734
  • Year Built: 1939

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.2046
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $680.51
  • Price Per Unit: 590000

Listed by Goodwell Investment Corp, Chan Shyong
Sold by Wetrust Realty, Gang Lan

Listing agent

— 224 N Olive —

  • Chan Shyong

    Goodwell Investment Corp

626-374-8998

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 224 N Olive

School District:Alhambra Unified School District
NameGradesDistance
Garfield Elementary School, Alhambra, CA
110 West McLean Street, Alhambra, CA 91801
K-80.4 mi
Alhambra High School
101 South 2nd Street, Alhambra, CA 91801
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 224 N Olive

Date
Details
Price
Change
Source
8/26/2026
Sold
$1,180,000
—
MLS
7/06/2026
Listed
$1,180,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Goodwell Investment Corp, Chan Shyong
Sold by Wetrust Realty, Gang Lan

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224 N Olive, Alhambra, CA 91801 (MLS# AR26145987) is a Multi-Family property that was sold at $1,180,000 on August 26, 2026. Want to learn more about 224 N Olive? 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.