309 North Palm Avenue

Alhambra, CA 91801

$1,650,000
Price
—
Beds
4,396 Sq. Ft.
$375 / Sq. Ft.
4,396
Sq. Ft.
$375
per Sq. Ft.

Description

This stunning 4-unit Spanish Revival property is located in one of the premier locations in north Alhambra directly across from Alhambra Park and north of Main Street. The building has almost 4,400 square feet of living space such that each unit averages about 1100 square feet. The unit mix is (1) 2 bedroom 1 bath unit and (3) 1 bedroom one bath units. Each unit boasts a large living room, formal dining room, spacious bedrooms, updated bathrooms, kitchens with either granite or tile counters and...This stunning 4-unit Spanish Revival property is located in one of the premier locations in north Alhambra directly across from Alhambra Park and north of Main Street. The building has almost 4,400 square feet of living space such that each unit averages about 1100 square feet. The unit mix is (1) 2 bedroom 1 bath unit and (3) 1 bedroom one bath units. Each unit boasts a large living room, formal dining room, spacious bedrooms, updated bathrooms, kitchens with either granite or tile counters and their own laundry rooms with washer and dryer hookups. The upstairs units have high arched ceilings. There are five separate garages on the property and convenient off-site parking as well. Each unit also has great views of the Alhambra Park and its manicured greenbelt. This public park offers extensive walking paths, swimming pool, and basketball and tennis courts. The hallmarks of this wonderful property are it's expansive living space at almost 4,400 square ft and it's excellent north Alhambra location. right across from Alhambra Park. Please note that the rents are low. Financial details are based upon projected rent.
  1. Listed by Matthew Bryant • DRE #00893221 • Bryant Companies

Property Details for 309 North Palm Avenue

Architectural Style
See Remarks
Subdivision Name
Other
Garage Spaces
5.00
Covered Spaces
5.00
View
Park/Greenbelt

Location

Listing Courtesy of Bryant Companies, Matthew Bryant, DRE #00893221
Add your commute
LISTING UPDATED: 04/25/2024 03:45 PM

Property Details for 309 North Palm Avenue

StatusActive
MLS #P1-16860
Days on Market50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1931
Lot Size0.17 AC / 7,604 SF
CountyLos Angeles County

Location

Listing Courtesy of Bryant Companies, Matthew Bryant, DRE #00893221
Add your commute

Building Information for 309 North Palm Avenue

Stories2Residences-Year Built1931Building Size-Lot Size0.17 AC / 7,604 SF

Payment Calculator

$9,614 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$609

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 309 North Palm Avenue

Summary
Location and General Information
  • Building Area Total: 4,396.00
  • Community Features: Curbs, Park, Street Lights, Suburban
  • City: Alhambra
  • Direction Faces: East
  • Directions: South of Alhambra Road, North of Main and west of Alhambra Park.
  • Area: 601 - Alhambra
  • Postal Code Plus4: 1769
  • Unparsed Address: 309 North Palm Avenue, Alhambra, CA 91801
Parking
  • Parking Features: Garage, Garage - Single Door, Assigned
Taxes and HOA Information
  • Association Fee: $.00
  • New Taxes Expense: $21,600.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers, Front Yard, Landscaped, Level, Level with Street, Park Nearby
  • Lot Size Acres: .17
  • Lot Size Square Feet: 7,604.00
  • Lot Size Area: 7,604.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5339016008
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
Property and Assessments
  • Common Walls: 2+ Common Walls
  • Documents Count: 0
  • Property Attached: Yes
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $1,982.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa Features: None
  • Spa: No
  • Stories Total: 2
Interior Features
  • Appliances: Free-Standing Range
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Floor Furnace, Wall Furnace
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Granite Counters, High Ceilings
  • Laundry Features: Individual Room, Inside
  • Living Area: 4,396.00
  • View: Yes
  • Levels: Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $99,600.00
  • Net Operating Income: $63,785.00
  • Insurance Expense: $2,288.00
  • Maintenance Expense: $2,500.00
  • Number Of Buildings: 2
  • Number Of Units Leased: 4
  • Operating Expense: $32,827.00
  • Pest Control Expense: $1,205.00
  • Special Listing Conditions: Standard
  • Trash Expense: $1,932.00
  • Vacancy Allowance Rate: 2,988.00
Mobile Home
Mobile Home Information
  • Park Name: Alhambra Park
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Property History for 309 North Palm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 309 North Palm Avenue

Taxable ValueLand$376,701Additions$125,562Total$502,263
Tax Record2023$7,307 ($609 / month)
Home Facts
Total Finished SqFt4,396 SqFtAbove Grade Finished SqFt4,396 SqFtLot Size7,601 SqFtStyleQuadraplexYear Built1931ZoningALRPD*CountyLOS ANGELESAPN5339-016-008

Schools near 309 North Palm Avenue

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
Public - 9 to 12
Rating
School
Distance
Park Elementary School
PublicK to 8

Alhambra High School
Public9 to 12

Century High School
Public9 to 12

Independence High (Alternative) School
Public9 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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309 North Palm Avenue is a multi-family home for sale in Alhambra, CA 91801. This property was listed for sale on March 14, 2024 by Bryant Companies, it's currently listed at $1,650,000. This listing's school district is Alhambra Unified School District. Nearby schools include Park Elementary School, Alhambra High School and Century High School. 309 North Palm Avenue is a 0-bed, 0-bath, 4,396 sqft multi-family home built in 1931.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bryant Companies, Matthew Bryant, DRE #00893221

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.