1316 S Palm Avenue Active Save Request In-Person Tour Request Virtual Tour
Alhambra,CA 91803
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,495 sqft
Price per Sqft $695
MLS Listing ID CRP1-23401
Bedrooms 3
Full Baths 2
Year Built 1937
Lot Size 6,636 Sqft
Property Sub-Type Detached
Property Description
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!
Location
State CA
County Los Angeles
Interior
Heating Natural Gas,Central,Fireplace(s)
Cooling Ceiling Fan(s),Central Air
Flooring Vinyl
Fireplaces Type Gas,Gas Starter,Living Room,Wood Burning,Other
Laundry 220 Volt Outlet,Dryer,Laundry Room,Washer,Other,Electric,Inside
Exterior
Pool None
View None
Building
Lot Description Other,Back Yard,Landscaped,Street Light(s),Sprinklers In Rear,Storm Drain
Story 1
Foundation Raised,Concrete Perimeter
Water Public