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Millman Team Real Estate

$1,790,000
0.25 Acre Lot

2306 W Alhambra Road, Alhambra, California 91801

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1924 Year Built
Property Description

**The best investment properties don’t just generate income—they inspire confidence. This North Alhambra fourplex offers both.** From the day you close, you’ll own a well-maintained four-unit property in one of the San Gabriel Valley’s most desirable rental markets, providing dependable income from the start. Ideally situated in North Alhambra, adjacent to South Pasadena, this classic 1924 Spanish property blends timeless 1924 Spanish character with the confidence of a comprehensive renovation completed in 2001. Perhaps this property’s greatest asset isn’t just its location—it’s the people who call it home. Long-term residents have taken exceptional pride in their homes, creating a level of care and cleanliness that is rarely found in rental properties. For an investor, that means acquiring an asset that has been exceptionally well maintained by both ownership and residents—a quality that often translates into lower maintenance demands, responsible tenancy, and greater peace of mind. The property features four spacious one-bedroom, one-bath units across two separate buildings. Every unit includes in-unit laundry, and the property offers three private garages plus additional driveway parking—highly desirable amenities that continue to attract quality tenants. With all units occupied on month-to-month leases, the property provides dependable income from day one while offering flexibility as market conditions and ownership goals evolve. Whether you’re completing a 1031 exchange, expanding your portfolio, or acquiring your first multifamily investment, this is a rare opportunity to own a clean, well-cared-for asset in one of the San Gabriel Valley’s most sought-after rental markets. **Investment Highlights** * Four spacious 1-bedroom, 1-bath units * Current Gross Income: $7, 300/month ($87, 600/year) * Long-term, month-to-month tenants * Exceptional pride of occupancy throughout * In-unit laundry in every unit * Three private garages plus additional driveway parking * Two separate buildings * Comprehensive renovation completed in 2001 * Prime North Alhambra location adjacent to South Pasadena

Basic Details
Residential Income
For Sale
AR26158732
$1,790,000
Mountain(s), Neighborhood
1924
0.25 Acre
Active
1
Quadruplex
: Spanish Tile, Flat
Features
: None
: Forced Air
: Central Air
: Stucco Wall
: None
: Driveway, Garage, Concrete, Assigned, On Site
: Spanish
: Carpet, Laminate, Tile, Wood
: All Bedrooms Down, Bedroom on Main Level, Tile Counters
: Inside, Washer Hookup, Gas Dryer Hookup
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
$0
Appliances
: Gas Range
Address Map
CA
Los Angeles
Alhambra
91801
Alhambra
2306
Road
W119° 51' 4.6''
N34° 5' 54.7''
South of Huntington between Fremont and Marengo
601 - Alhambra
W
ALRPD*
Additional Information
$0
$0
$0
$0
$0
3060
: Park, Sidewalks, Street Lights, Suburban, Hiking, Foothills
: Drywall, Stucco, Copper Plumbing
1
: Tie Down
3.0
: One
: Back Yard, Front Yard, Sprinkler System, Rectangular Lot, Corner Lot, Lawn, Street Level
4
2026-07-23
1
1
https://tours.previewfirst.com/ml/146487
: Public
Broker/Agent Information
Seven Gables Real Estate
Carol Bush
Listing Information
AR41717
31270
Cash to New Loan
Active
2026-07-24T13:23:33Z
CRMLS
: Standard
2026-07-23T13:36:42Z
Agent info
Ray Millman
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