2306 W Alhambra Road
Property Overview
**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
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1924
- Lot size
- 10,966 sq ft
- Parking
- 9 spaces
- Garage
- 3 spaces
- Stories
- 1
- Days on market
- 1
- Cumulative days on market
- 107
- MLS status
- Active
- Architectural style
- Spanish
- Zoning
- ALRPD*
Features & Amenities
Interior
- Tile Counters
- All Bedrooms Down
- Bedroom On Main Level
Appliances
- Gas Range
Parking
- Assigned
- Concrete
- Driveway
- Garage
- On Site
Pool
- None
Lot
- Back Yard
- Corner Lot
- Front Yard
- Lawn
- Rectangular Lot
- Sprinkler System
- Street Level
Community, Schools & Utilities
Community
- View
- Mountains,Neighborhood
Utilities
- Heating
- ForcedAir
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 2306 W Alhambra Road
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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