714-745-2708

513 N Palm Avenue, Alhambra, CA 91801

$2,280,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Elizabeth Kho | info@khoandyoung.com
Lic#: 00970729
Broker: Courtesy of Joy Realty Group Inc.
Phone: 626-286-5222

Co Listing Agent

Monica Young | info@khoandyoung.com
Lic#: 02080388
Broker: Courtesy of Joy Realty Group Inc.

Agent Remarks

"Rare" triplex opportunity in a prime, highly desirable North Alhambra location directly across from the beautiful Alhambra Park, which features pristine tennis courts, a public swimming pool, and fantastic community recreation activities. Spanning an impressive, level 15,000 square foot parcel with 100 feet of wide street frontage, this property is a builder's dream. A conceptual 7-unit townhome project is currently under works, offering excellent potential for future development or a rewarding long-term investment. The current owner-developer has been busy on much larger projects, allowing a startup investor the chance to take over this asset along with extensive planning materials, unit configurations, and optimized bedroom layouts crafted specifically to maximize the buildable footprint. While you finalize your building goals, secure permits, or hold for appreciation, you can enjoy immediate, reliable cash flow from the existing rentable multiple residential units. The current mix consists of three bright 2-bedroom, 1-bathroom homes strategically configured as front, side, and top units, along with a shared laundry area for daily tenant convenience. The oversized lot also boasts an expansive backyard perfect for outdoor relaxation, a detached garage, a functional workshop, a separate storage room, and additional carport parking. Ideally located near the sought-after North Alhambra neighborhoods, just south of Alhambra Road and mere minutes from South Pasadena, this property seamlessly combines a prime foothill location with undeniable upside potential. This sale comes packed with all the previous hard work and layouts, letting the next owner hit the ground running.

Listing Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# PF26184591

Price: $2,280,000

Beds: 0

Baths: 0

Living Room fireplaces

Built in 1923

2 stories

0.35 acres

Lot size: 0.3471

County: Los Angeles

Interior features: Ceiling Fan(s),Laminate Counters,Pantry,Walk-In Closet(s)

Parking description: Door-Multi,Driveway,Garage

Lot description: Near Park,Sprinkler System,Yard

MLS area: 601 - Alhambra

Last Updated: 9/14/2026

Days On Market (DOM): 31

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This listing belongs to the 601 - Alhambra MLS area

Lat/Long: 34.097936, -118.146994.
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