Multi-Family $ 1,088,000

318 Palmetto

Alhambra, CA 91801

  • 4 Beds
  • 3 Baths
    Full Baths: 2
  • 1,790 SqFt
  • 6,242 Lot Size
  • 1923 Year Built
VACANT MAY 1ST | 3BR FRONT HOME DELIVERED EMPTY. Rare opportunity for an owner-user or savvy "house-hacker" to move in immediately! This versatile corner-lot duplex is perfectly situated close to the heart of Downtown Alhambra, offering premier access to the city's vibrant dining, entertainment, and shopping district.
The property features two distinct identities with private street addresses and independent utility meters (Gas/Electric): 318 Palmetto Dr (3BR/2BA - Vacant 5/1) and 808 S 4th St (1BR/1BA - MTM). Both residences have been well-maintained, featuring clean kitchens, updated countertops, and solid flooring throughout.
DEVELOPMENT POTENTIAL: Property carries the prestigious ALRPD* (Residential Planned Development) designation, supporting high-density upside. The detached 2-car garage is a premier candidate for a 2026-compliant ADU conversion, offering a clear path to a high-yield 3-unit compound.
Whether you choose to live in the spacious front home while collecting rent from the rear, or hold as a pure high-density investment, the value is undeniable. Sold “As-Is”. Buyer to independently verify all zoning, permits, and development potential with the City of Alhambra. Please do not disturb tenants; showings reserved for pre-qualified buyers. Note: Hero image has been digitally enhanced for twilight lighting per AB 723; original daylight photo follows in media sequence.
Listed by CHUONG THAI of eXp Realty of California Inc

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 790 sqft

    Price per Sqft $607

    MLS Listing ID WS26084963

    Bedrooms 4

    Full Baths 2

    Three Quarter Bath 1

    HOA Y/N No

    Year Built 1923

    Lot Size 6,242 Sqft

    Property Sub-Type Duplex

  • Location

    State CA

    County Los Angeles

    Area 601 - Alhambra

    Zoning ALRPD

  • Rooms

    Main Level Bedrooms 4

  • Building

    Lot Description Corner Lot

    Dwelling Type Duplex

    Story 1

    Entry Level One

    Sewer Public Sewer

    Water Public

    Level or Stories One

    New Construction No

  • Interior

    Interior Features All Bedrooms Down

    Cooling Wall/Window Unit(s)

    Fireplaces Type See Remarks

    Fireplace Yes

    Appliance Gas Range

    Laundry Inside

  • Exterior

    Parking Features Driveway, Garage

    Garage Spaces 2.0

    Garage Description 2.0

    Fence Wrought Iron

    Pool None

    Community Features Curbs, Sidewalks

    View Y/N No

    View None

    Total Parking Spaces 2

    Private Pool No

  • Schools

    Elementary Schools Baldwin

    High Schools Alhambra

    School District Alhambra

  • Others

    Senior Community No

    Tax ID 5347005008

    Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

    Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

    Special Listing Condition Trust

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CONTACT

Max Chuong Thai
Max Chuong Thai

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