2306 Alhambra Rd

4
Baths
3,060 Sq. Ft.
$605 / Sq. Ft.
3,060
Sq. Ft.
$605
per Sq. Ft.

Description

Positioned in a desirable pocket of North Alhambra, adjacent to South Pasadena, this beautifully renovated 4-unit property offers the ideal blend of stability, charm, and long-term upside. Remodeled from the studs out in 2001 and meticulously maintained, this turnkey asset delivers immediate income with minimal maintenance, an increasingly rare opportunity for today’s investors. The property features two separate buildings, each offering two spacious one-bedroom, one-bath residences that combine...Positioned in a desirable pocket of North Alhambra, adjacent to South Pasadena, this beautifully renovated 4-unit property offers the ideal blend of stability, charm, and long-term upside. Remodeled from the studs out in 2001 and meticulously maintained, this turnkey asset delivers immediate income with minimal maintenance, an increasingly rare opportunity for today’s investors. The property features two separate buildings, each offering two spacious one-bedroom, one-bath residences that combine 1924 Spanish Art Deco character with modern updates. Private garages and in-unit laundry provide added convenience for tenants and ease of management, while the architectural charm creates lasting rental appeal. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. Current rents are slightly below market and have not been recently adjusted, offering a clear opportunity to optimize cash flow and long-term growth. This an excellent low-maintenance investment in a strong rental market. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable location known for its charm, accessibility, and enduring rental demand. A rare opportunity to acquire a renovated, character rich fourplex in a prime San Gabriel Valley location with immediate income and long-term investment potential.
  1. Listed by Carol Bush • DRE #01995250 • Brokerage DRE #00745605 • Seven Gables Real Estate • 626-226-6535

Property Details for 2306 Alhambra Road

Architectural Style
Spanish
View
Mountain(s), Neighborhood
Parking Spaces Total
9
Private Pool
No
Cooling Type
Central Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Public Records
LISTING UPDATED: 04/05/2026 05:39 PM

Property Details for 2306 Alhambra Road

StatusActive
MLS #AR26069090
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.25 AC / 10,966 SF
CountyLos Angeles County

Location

Listing Courtesy of Seven Gables Real Estate, Carol Bush, DRE #01995250
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Building Information for 2306 Alhambra Road

Stories1Residences-Year Built1924Building Size-Lot Size0.25 AC / 10,966 SF

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$9,957 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,316

Property Taxes

$641

HOA Dues

$0

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Property Information for 2306 Alhambra Road

Rental Info
Rental Info
  • Tenant Pays: Gas, Cable TV, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $86,400
  • Gross Scheduled Income: $87,600
  • Net Operating Income: $71,545
  • Current Financing: None
Expense Details
  • Operating Expense: $16,055
  • Gardener Expense: $1,800
  • Insurance Expense: $2,838
  • Other Expense: $7,697
  • Other Expense Description: Proptax
  • Trash Expense: $720
  • Water Sewer Expense: $3,000
  • Total Expenses: $16,055
Tax / Assessment Info
  • Tax Tract Number: 480804
  • Tax Census Tract: 4808.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 169
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Hiking, Foothills, Street Lights, Sidewalks, Suburban, Park
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: Gas Dryer Hookup, Inside, Washer Hookup
  • Interior Features: Copper Plumbing Full, Tile Counters
  • Room Type: Laundry, All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Inside, Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Tile, Carpet, Wood, Laminate
  • Flooring: Tile, Carpet, Wood, Laminate
Exterior Features
  • Construction Materials: Stucco, Drywall Walls
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Spanish Tile, Flat
  • Entry Location: Front
  • Fence: Yes
  • Fence: Stucco Wall
  • Fencing: Stucco Wall
  • Foundation Details: Seismic Tie Down
  • Foundation Details: Seismic Tie Down
  • Other Structures: Second Garage Detached, Storage, Second Garage, Two On A Lot, Shed(s)
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Green Info
  • Walk Score: 79
Land/Lot Info
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot, Front Yard, Lot 10000-19999 Sqft, Sprinkler System, Back Yard, Lawn
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned, Driveway, Garage
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Concrete, Assigned, On Site, Driveway
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $23,400
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $21,600
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $21,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $20,400
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Carpet: 1
  • Number Wall AC: 0

Property History for 2306 Alhambra Road

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

CRMLS #AR26069090

$1,850,000
Apr 1, 2026

Listed (Active)

SDMLS #AR26069090

$1,850,000
Apr 1, 2026

Listed (Active)

CLAW #AR26069090MR

$1,850,000
Jun 29, 2025

Withdrawn / Cancelled

CRMLS #AR25068841

$1,890,000
Jun 29, 2025

Withdrawn / Cancelled

CLAW #AR25068841MR

Jun 29, 2025

Withdrawn / Cancelled

SDMLS #AR25068841

$1,890,000
May 2, 2025

Price Change

CLAW #AR25068841MR

$1,890,000
Apr 1, 2025

Listed (Active)

SDMLS #AR25068841

$1,950,000
Apr 1, 2025

Withdrawn / Cancelled

CRMLS #AR24197902

$1,990,000
Apr 1, 2025

Listed (Active)

CLAW #AR25068841MR

$1,950,000
Apr 1, 2025

Withdrawn / Cancelled

CLAW #AR24197902MR

Apr 1, 2025

Listed (Active)

CRMLS #AR25068841

$1,950,000
Mar 29, 2025

Hold

CRMLS #AR24197902

Mar 29, 2025

Withdrawn / Cancelled

SDMLS #AR24197902

$1,990,000
Nov 20, 2024

Price Change

CLAW #AR24197902MR

$1,990,000
Sep 26, 2024

Hold

CLAW #AR24197902MR

Sep 26, 2024

Listed (Active)

SDMLS #AR24197902

$2,088,000
Sep 26, 2024

Listed (Active)

CLAW #AR24197902MR

$2,088,000
Sep 26, 2024

Listed (Active)

CRMLS #AR24197902

$2,088,000
Jul 18, 2001

Sold (Public Record)

Public Record #74881194

$338,000
Jun 3, 2001

Expired

CLAW #A208155MR

Jun 3, 2001

Expired

CRMLS #A208155

$380,000
Mar 20, 2001

Listed (Active)

CLAW #A208155MR

$380,000
Mar 20, 2001

Listed (Active)

CRMLS #A208155

$380,000
DateEvent & SourcePrice
04/06/2026

Listed (Active)

CRMLS #AR26069090

$1,850,000
04/01/2026

Listed (Active)

SDMLS #AR26069090

$1,850,000
04/01/2026

Listed (Active)

CLAW #AR26069090MR

$1,850,000
06/29/2025

Withdrawn / Cancelled

CRMLS #AR25068841

$1,890,000
06/29/2025

Withdrawn / Cancelled

CLAW #AR25068841MR

06/29/2025

Withdrawn / Cancelled

SDMLS #AR25068841

$1,890,000
05/02/2025

Price Change

CLAW #AR25068841MR

$1,890,000
04/01/2025

Listed (Active)

SDMLS #AR25068841

$1,950,000
04/01/2025

Withdrawn / Cancelled

CRMLS #AR24197902

$1,990,000
04/01/2025

Listed (Active)

CLAW #AR25068841MR

$1,950,000
04/01/2025

Withdrawn / Cancelled

CLAW #AR24197902MR

04/01/2025

Listed (Active)

CRMLS #AR25068841

$1,950,000
03/29/2025

Hold

CRMLS #AR24197902

03/29/2025

Withdrawn / Cancelled

SDMLS #AR24197902

$1,990,000
11/20/2024

Price Change

CLAW #AR24197902MR

$1,990,000
09/26/2024

Hold

CLAW #AR24197902MR

09/26/2024

Listed (Active)

SDMLS #AR24197902

$2,088,000
09/26/2024

Listed (Active)

CLAW #AR24197902MR

$2,088,000
09/26/2024

Listed (Active)

CRMLS #AR24197902

$2,088,000
07/18/2001

Sold (Public Record)

Public Record #74881194

$338,000
06/03/2001

Expired

CLAW #A208155MR

06/03/2001

Expired

CRMLS #A208155

$380,000
03/20/2001

Listed (Active)

CLAW #A208155MR

$380,000
03/20/2001

Listed (Active)

CRMLS #A208155

$380,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2306 Alhambra Road

Taxable ValueLand$339,769Additions$203,857Total$543,626
Tax Record2025$7,697 ($641 / month)
Home Facts
Total Finished SqFt3,060 SqFtAbove Grade Finished SqFt3,060 SqFtLot Size10,884 SqFtStyleQuadraplexYear Built1924ZoningALRPD*CountyLOS ANGELESAPN5339-014-007

Schools near 2306 Alhambra Road

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Park Elementary School
PublicK to 8

Alhambra High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

Almansor Academy
Private1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2306 Alhambra Road is a multi-family home for sale in Alhambra, CA 91801. This property was listed for sale on April 1, 2026 by Seven Gables Real Estate, it's currently listed at $1,850,000. It has been on the market for a total of 1 days and was last sold on July 18, 2001. This listing's school district is Alhambra Unified School District. Nearby schools include Park Elementary School, Alhambra High School and Independence High (Alternative) School. 2306 Alhambra Road is a 4-bed, 4-bath, 3,060 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Seven Gables Real Estate, Carol Bush, DRE #01995250

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.