Link Copied
Listed price in listed location currency (USD).
$1,088,000

432

MLS® WS26084963

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 1790 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $607
MLS® Number WS26084963

Property Address: 318 Palmetto Dr, Alhambra, CA, 91801-4370

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to this rare value-add investment opportunity on a prime corner lot near the heart of Alhambra. This duplex features two distinct identities: 318 Palmetto Dr (3BR/2BA) and 808 S 4th St (1BR/1BA), each with private entrances and independent utility meters (Gas/Electric). The interior has been well-maintained by long-term tenants, featuring clean kitchens and solid flooring throughout. Minutes away from Downtown Alhambra’s dining and entertainment. Property carries the ALRPD* (Residential Planned Development) designation, offering high-density upside. Per Alhambra’s 2026 standards, the detached garage is a premier candidate for ADU conversion, potentially creating a high-yield 3-unit compound. Currently occupied by cooperative, long-term tenants on month-to-month leases; perfect for an investor or a homeowner seeking a "house-hack" with serious equity-growth potential. 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.
MLS® NumberWS26084963
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1923
Basement
DrivewayDriveway, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$1,088,000List Price

Home Appraisal

This property is estimated to sell between: $1,088,000 and $1,160,000.
Similar properties in this area sold on average for: $1,135,600
Expected to sell in 28 days. Similar properties sold in 28 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
318 Palmetto Dr, Alhambra, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties