- 4 Beds
- 4 Baths
- ¼ Acres
- 74 DOM
2306 W Alhambra Road
Positioned in a strong rental pocket of North Alhambra, adjacent to South Pasadena, this 4-unit property offers stable in-place income with a clear path to long-term upside. With 4 spacious 1-bedroom, 1-bath Units across two separate buildings, this property blends 1924 Spanish character with a comprehensive renovation completed in 2001. Each unit includes in-unit laundry, & the property offers 3 private garages plus additional driveway parking, amenities that support strong tenant demand & rental growth. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. All units are fully occupied with month-to-month tenants, providing immediate income & flexibility for a new owner to adjust rents and optimize cash flow. This is an ideal opportunity for a long-term hold investor seeking a well-maintained asset with immediate and achievable income growth. The property has been consistently maintained, minimizing near-term capital expenditures while preserving future value-add potential. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable San Gabriel Valley location known for its strong and consistent rental demand. Investment Highlights: ~Current Gross Income: $7,300/month ($87,600/year). ~Pro Forma Potential: $9,000+/month ($108,000+/year). ~23% rental upside. ~Units with rent increase potential. ~Month-to-month tenants (operational flexibility). ~In-unit laundry in all units. ~3 garages + additional driveway parking.
Essential Information
- MLS® #AR26069090
- Price$1,790,000
- Bedrooms4
- Bathrooms4.00
- Acres0.25
- Year Built1924
- TypeResidential Income
- Sub-TypeQuadruplex
- StyleSpanish
- StatusActive
Community Information
- Address2306 W Alhambra Road
- Area601 - Alhambra
- CityAlhambra
- CountyLos Angeles
- Zip Code91801
Amenities
- Parking Spaces9
- # of Garages3
- ViewMountain(s), Neighborhood
- PoolNone
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking
Assigned, Concrete, Driveway, Garage, On Site
Garages
Assigned, Concrete, Driveway, Garage, On Site
Interior
- InteriorCarpet, Laminate, Tile, Wood
- AppliancesGas Range
- HeatingForced Air
- CoolingCentral Air
- FireplacesNone
- # of Stories1
- StoriesOne
Interior Features
All Bedrooms Down, Bedroom on Main Level, Tile Counters
Exterior
- RoofFlat, Spanish Tile
- FoundationTie Down
Exterior
Drywall, Stucco, Copper Plumbing
Lot Description
Back Yard, Corner Lot, Front Yard, Lawn, Rectangular Lot, Sprinkler System, Street Level
Construction
Drywall, Stucco, Copper Plumbing
Additional Information
- Date ListedApril 1st, 2026
- Days on Market74
- ZoningALRPD*
Listing Details
- AgentCarol Bush
- OfficeSeven Gables Real Estate
Price Change History for 2306 W Alhambra Road, Alhambra, (MLS® #AR26069090)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,850,000 to $1,790,000 | ||
| Status Changed from Coming Soon to Active | – |
Carol Bush, Seven Gables Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of June 19th, 2026 at 6:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.