2306 Alhambra Road

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$1,790,000
4 beds4 baths3,060 sqft$585/sqft
2306 Alhambra Rd, Alhambra, CA 91801
Est: $9,739/moGet pre-approved

Description

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...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
LISTING UPDATED: 07/23/2026 11:22 PM

  1. Listed by Carol Bush • DRE #01995250 • Brokerage DRE #00745605 • Seven Gables Real Estate • 626-226-6535

Property Details for 2306 Alhambra Road

Status
Active
MLS #
AR26158732
Days on Market
14
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income
Year Built
1924
Lot Size
0.25 AC / 10,966 SF
County
Los Angeles County
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
Living Area
3060
Assessor Parcel Number
5339-014-007
Property Attached YN
true
Common Walls
1 Common Wall
New Construction
No
Average Studio Area Units
Square Feet
Average 1 Bed Area
765
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Building Area Total
3060
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Fireplace
No
Pool
No
Spa
No
View
Yes
View
Yes
Zoning
ALRPD*
Senior Community
No
Parcel Number
5339014007
Area
Alhambra (601)
Directions
South of Huntington between Fremont and Marengo

Location

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

Building Information for 2306 Alhambra Road

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

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$9,739 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,098

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: $87,600
  • Gross Scheduled Income: $87,600
  • Net Operating Income: $79,242
  • Current Financing: None
Expense Details
  • Operating Expense: $8,358
  • Gardener Expense: $1,800
  • Insurance Expense: $2,838
  • Trash Expense: $720
  • Water Sewer Expense: $3,000
  • Total Expenses: $8,358
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
  • Virtual Tour URL Branded: https://tours.previewfirst.com/ml/146487
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: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $20,400
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
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: $1,750
  • Unit Type Total Rent: $21,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
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: $1,900
  • Unit Type Total Rent: $22,800
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
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: 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 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
Jul 23, 2026

Listed (Active)

CRMLS #AR26158732

$1,790,000—
Jul 23, 2026

Listed (Active)

SDMLS #AR26158732

$1,790,000—
Jul 21, 2026

Withdrawn / Cancelled

CRMLS #AR26069090

$1,790,000—
DateEvent & SourcePrice
07/23/2026

Listed (Active)

CRMLS #AR26158732

$1,790,000
07/23/2026

Listed (Active)

SDMLS #AR26158732

$1,790,000
07/21/2026

Withdrawn / Cancelled

CRMLS #AR26069090

$1,790,000

For completeness, we 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
Baths4Total Finished SqFt3,060 SqFtAbove Grade Finished SqFt3,060 SqFtLot Size10,884 SqFtStyleQuadraplexYear Built1924Year Renovated1924ZoningALRPD*CountyLOS ANGELESAPN5339-014-007

Schools near 2306 Alhambra Road

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Park Elementary School
Public - K to 8
Alhambra High School
Public - 9 to 12
Independence High (Alternative) School
Public - 9 to 12
Almansor Academy (Institute for Redesign of Learni
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 (Institute for Redesign of Learni
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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More information about 2306 Alhambra Road, Alhambra, CA 91801

2306 Alhambra Road is a multi-family home for sale in Alhambra, CA 91801. This property was listed for sale on July 21, 2026 by Seven Gables Real Estate, it's currently listed at $1,790,000. It has been on the market for a total of 14 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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.