- 3 Beds
- 2 Baths
- 1,495 Sqft
- .15 Acres
1316 Palm Avenue
IMMEDIATE INCOME UNIT with tenant in one unit. 2 HOMES IN 1 LOT with potential to expand. Nestled on a quiet, tree-lined street, this rare find is a single-story, single-family home with a brand new, fully permitted detached ADU, offering outstanding flexibility and versatility for multigenerational living or rental income--earn passive income right from your backyard! The move-in ready 2 bedrooms 1 bath front main house welcomes you with natural bright light and recently upgraded brand new flooring. Enjoy a beautifully landscaped front yard and a spacious backyard lined with mature fruit trees, including orange, peach, lemon, pineapple guava, loquat, pomegranate, fig, and nectarine. The 425 sq ft back ADU includes 1 bedroom, 1 bathroom, quartz countertop kitchen, rainfall shower, modern finishes, and its own private entrance, separate address, and individual electric and water meters. Current tenant in back unit paying $1,998 per month. Located in a highly rated school district, just minutes from Cal State LA, shopping, dining, parks, hospitals, and major freeways, this property combines comfort, convenience, and investment potential--a unique opportunity in the thriving city of Alhambra you won't want to miss!
Essential Information
- MLS® #P1-23401
- Price$1,040,000
- Bedrooms3
- Bathrooms2.00
- Full Baths2
- Square Footage1,495
- Acres0.15
- Year Built1937
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive
Community Information
- Address1316 Palm Avenue
- Area601 - Alhambra
- CityAlhambra
- CountyLos Angeles
- Zip Code91803
Amenities
- ViewNone
- PoolNone
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Water Connected, Natural Gas Available, Water Available
Parking
Permit Required, On Street, No Driveway
Garages
Permit Required, On Street, No Driveway
Interior
- InteriorVinyl
- CoolingCentral Air
- FireplaceYes
- # of Stories1
- StoriesOne
Interior Features
Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Storage, Attic, Phone System, Tile Counters, Utility Room
Appliances
Built-In Range, Double Oven, Electric Cooktop, Freezer, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer, Electric Oven
Heating
Central, Fireplace(s), Natural Gas
Fireplaces
Gas, Gas Starter, Living Room, Masonry, Wood Burning
Exterior
- ExteriorStucco, Plaster
- Exterior FeaturesAwning(s), Rain Gutters
- RoofShingle
- ConstructionStucco, Plaster
- FoundationConcrete Perimeter, Raised
Lot Description
Back Yard, Front Yard, Lawn, Landscaped, Rectangular Lot, Sprinklers Timer, Sprinkler System, Garden, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, TwoToFiveUnitsAcre
Windows
Blinds, Double Pane Windows, Screens, Tinted Windows
School Information
- HighAlhambra
Additional Information
- Date ListedJuly 21st, 2025
- Days on Market28
Listing Details
- AgentRainbow Yuen
- OfficeRemax Dream Properties
Rainbow Yuen, Remax Dream Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of August 22nd, 2025 at 9:26pm 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.