805 S Olive Avenue, Alhambra, CA 91803
805 S Olive Avenue, Alhambra, CA 91803
805 S Olive Avenue, Alhambra, CA 91803
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$1,580,000
Est. payment /mo
8 Beds
4 Baths
8,979 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR26041884

Bedrooms 8

Lot Size 8,979 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

One property on two parcels! 805 & 807 S Olive Ave. **Rare 4-Unit Opportunity*** perfect for Multigenerational Living, Owner Occupancy or Investment in a Prime Alhambra Location! Currently, Alhambra has no additional rent control other CA State AB1482 guidelines. Exceptional opportunity to acquire two adjacent duplex parcels totaling four residential units in a desirable Alhambra neighborhood. Each unit offers a 2-bedroom, 1-bathroom layout with a highly sought-after single-story, ground-level design ideal for broad appeal. Each unit features just under 700 square feet of living space with large kitchens and washer/dryer hookups in unit, and include small side/rear yards. Parking is a standout amenity with four detached single-car garages plus four additional off-street spaces an uncommon benefit for small multifamily properties in this area. Live in one unit while generating rental income from the others. The low-density layout provides privacy and flexibility and offers substantial upside potential through thoughtful interior updates. Possible potential to convert garages to ADUs [Buyer to verify]. This property has been in the same family for decades and they have kept up with regularly scheduled maintenance and replaced the roof in 2025 and upgraded the sewer line. Located near shopping, dining, schools, and major commuter corridors, this property benefits from strong ongoing demand in the San Gabriel Valley for both rental housing and owner-user multifamily opportunities. Properties offering this combination of flexibility, income potential, and long-term appreciatio

Location

State CA

County Los Angeles

Zoning Public Rec

Direction 805 & 807 - Just off Front St & S Olive

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5350020007

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MLS Router / San Diego MLS
Listed by Vanessa McCoy, DRE#01986841 Coldwell Banker Realty 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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