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$1,320,000
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Property Description
Great potential investment in this stunning 4-unit Spanish Revival property located in one of the premier locations in north Alhambra directly across from Alhambra Park and north of Main Street! All 4 units have views of Alhambra Park and its manicured greenbelt. With almost 4,400 square feet of living space, each unit averages about 1100 square feet. Beautiful high-arched ceilings in the upstairs units make it feel even more expansive. The building mix is (1) 2 bedroom 1 bath unit and (3) 1 bedroom one bath units. Each unit boasts a large living room, separate formal dining room, spacious bedrooms, updated bathrooms, and kitchens with either granite or tile. Each unit has its own private laundry room with washer and dryer hookups. There are 5 separate garages on the property and convenient off-site parking as well. The building also has a new roof! As a bonus, the adjacent public park offers extensive walking paths, a swimming pool, basketball and tennis courts. It's also easy to keep 100% rented!The hallmarks of this wonderful property are it's expansive living space at almost 4,400 square ft and it's excellent north Alhambra location. right across from Alhambra Park. Additionally, 3 units could be reconfigured from 1 to 2 bedrooms for future additional rent potential.
Full Property Details
Full Property Details for 309 N Palm Ave
General
- Sold For: $1,320,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: P1-16860
- Added to Site: 427 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Laundry
- Interior Features: Ceiling Fan(s), High Ceilings, Granite Counters
- Fireplace(s): None
- Appliances: Free-Standing Range
- Flooring: Carpet, Vinyl, Wood
Rooms
Other Rooms
- Laundry: Individual Room, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 5
- Parking Features: Assigned, Garage, Garage (Single Door)
- Parking: Assigned, Garage, Garage (Single Door)
Location
- Area: 601 - Alhambra
- County: Los Angeles
- Development Name: 601 - Alhambra
- Driving Directions: South of Alhambra Road, North of Main and west of Alhambra Park.
- Direction Faces: East
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Floor Furnace, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: See Remarks
- Roof: Spanish Tile
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,396
- Year Built: 1931
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.1746
- Lot Size Source: Assessor
- Lot Description: Front Yard, Park Nearby, Level with Street, Level, Landscaped
Financial Considerations
- Price Per Sq. Ft.: $300.27
Listed by Bryant Companies, Matthew Bryant
Sold by One Stop Realty and Financial, Ngoc Lieu
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Schools
Schools serving 309 N Palm Ave
School District:Alhambra Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
301 N Marengo Ave, Alhambra, CA 91801 | K-8 | 0.3 mi | |
101 S 2nd St, Alhambra, CA 91801 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 309 N Palm Ave
Date
Details
Price
Change
Source
11/19/2024
Sold
$1,320,000
-5.58%
MLS
10/09/2024
Price Reduced
$1,398,000
-3.59%
MLS
10/04/2024
Price Reduced
$1,450,000
-1.23%
MLS
9/07/2024
Price Reduced
$1,468,000
-2%
MLS
6/18/2024
Price Reduced
$1,498,000
-6.26%
MLS
5/17/2024
Price Reduced
$1,598,000
-3.15%
MLS
4/25/2024
Price Reduced
$1,650,000
-5.71%
MLS
4/16/2024
Price Reduced
$1,750,000
-2.78%
MLS
3/13/2024
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
309 N Palm Avenue, Alhambra, CA 91801 (MLS# P1-16860) is a Multi-Family property that was sold at $1,320,000 on November 19, 2024. Want to learn more about 309 N Palm Avenue? 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.