Millman Team Real Estate

$998,000
3 Bed
2 Bath
1,525 Sqft
0.18 Acre Lot

501 N Olive, Alhambra, California 91801

  • Residential Property Type
  • 1,525 Sqft Square Footage
  • 1927 Year Built
Property Description

Welcome to The Olive Avenue Tracts, a historic Alhambra neighborhood renowned for its finest homes and exceptional school district. Tucked along a tranquil, tree-lined street, this beautifully preserved 1927 residence blends the charm of the Roaring Twenties with modern comforts. With 3 bedrooms and 2 bathrooms, this single-story home offers timeless elegance, functional living, and multi-generational potential with a possible garage ADU conversion. The lot size offers options to creatively expand for growing and extended families. Enter through the foyer with a private layout, ideal as a home office or formal living space, thoughtfully separated from the main living area. The family room welcomes you with rich hardwood floors, a cozy fireplace, and streams of natural light, creating a warm and inviting atmosphere. The bright, airy kitchen is a great place for culinary creations, and opens seamlessly to a covered back patio designed for entertaining. Overlooking a lush backyard you’ll find a shady oak tree and a delicious a citrus tree. Each bedroom features classic hardwood floors, fresh paint, and ample natural light, radiating warmth and character. The master and hall bathrooms have been stylishly updated with modern flooring, sleek vanities, and elegant fixtures for a touch of luxury. The garage presents an exciting opportunity for an ADU conversion, perfect for multi-generational living or additional rental income. Nestled in the heart of the San Gabriel Valley, just 8 miles east of downtown Los Angeles, The Olive Avenue Tracts is a century-old enclave cherished for its Craftsman, Spanish Revival, and Mid-Century Modern homes. Tree-lined streets and lush landscaping create a peaceful, walkable vibe, preserved by the Alhambra Preservation Group and Alhambra Historical Society. Living here means joining a vibrant community steeped in history and top-rated schools. A goal is a dream with a deadline—turn this captivating, multi-generational home into your reality today!

Basic Details
Residential
For Sale
CV25229530
$998,000
None
3
2
1,525 Sqft
1927
0.18 Acre
Active
2
Single Family Residence
Features
: None
: None
: Family Room
: Entrance Foyer
: Inside, Laundry Room
: Public Sewer
$0
Address Map
CA
Los Angeles
Alhambra
91801
Olive
501
From I-10 (San Bernardino Freeway) 1. Take exit 23 for Atlantic Blvd toward Alhambra. 2. Keep left at the fork to stay on Atlantic Blvd. 3. Turn right onto N Olive Ave. 4. Continue to 501 N Olive Ave.
601 - Alhambra
N
Neighborhood
Alhambra
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Street Lights, Suburban, Storm Drain(s)
1
2.0
: One
: Back Yard, Front Yard, Sprinkler System, Near Public Transit, Sloped Up
1
2025-10-01
1
1
https://www.zillow.com/view-imx/31a34493-ef2e-4537-baf3-83a4911c7a76?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
: Private
Broker/Agent Information
K.W. EXECUTIVE
Mike Chou
Listing Information
C23194
3070
Cash, Conventional, FHA
Active
2025-10-01T16:05:03Z
CRMLS
: Standard
2025-10-01T01:31:19Z
Agent info
Ray Millman
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