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Millman Team Real Estate

$1,180,000
0.20 Acre Lot

224 N Olive, Alhambra, California 91801

  • Residential Income Property Type
  • 1939 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
AR26145987
$1,180,000
1939
0.20 Acre
Active Under Contract
1
Duplex
Features
: None
: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
$0
Address Map
CA
Los Angeles
Alhambra
91801
Olive
224
W119° 51' 51.3''
N34° 5' 42.7''
Near cross street of Olive and St Charles Terrace
601 - Alhambra
N
Additional Information
$0
$0
$0
$0
$0
1734
: Curbs, Suburban
1
3.0
: 2-5 Units/Acre
2
2026-07-06
2
: Public
Broker/Agent Information
Goodwell Investment Corp
Chan Shyong
Listing Information
A38763
31151
1031 Exchange
Active Under Contract
2026-07-25T00:49:03Z
CRMLS
: Standard
2026-07-24T17:40:55Z
Agent info
Ray Millman
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