318 Palmetto, Alhambra, CA 91801
318 Palmetto, Alhambra, CA 91801
318 Palmetto, Alhambra, CA 91801
318 Palmetto, Alhambra, CA 91801
318 Palmetto, Alhambra, CA 91801
318 Palmetto, Alhambra, CA 91801
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$ 1,088,000
Est. payment | /mo

4 Beds

3 Baths

1,790 SqFt


Save
$ 1,088,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,790 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,790 sqft

Price per Sqft $607

MLS Listing ID WS26084963

Bedrooms 4

Full Baths 2

Three Quarter Bath 1

HOA Y/N No

Year Built 1923

Lot Size 6,242 Sqft

Property Sub-Type Duplex

Property Description

VACANT MAY 1ST | 3BR FRONT HOME DELIVERED EMPTY. Rare opportunity for an owner-user or savvy "house-hacker" to move in immediately! This versatile corner-lot duplex is perfectly situated close to the heart of Downtown Alhambra, offering premier access to the city's vibrant dining, entertainment, and shopping district.
The property features two distinct identities with private street addresses and independent utility meters (Gas/Electric): 318 Palmetto Dr (3BR/2BA - Vacant 5/1) and 808 S 4th St (1BR/1BA - MTM). Both residences have been well-maintained, featuring clean kitchens, updated countertops, and solid flooring throughout.
DEVELOPMENT POTENTIAL: Property carries the prestigious ALRPD* (Residential Planned Development) designation, supporting high-density upside. The detached 2-car garage is a premier candidate for a 2026-compliant ADU conversion, offering a clear path to a high-yield 3-unit compound.
Whether you choose to live in the spacious front home while collecting rent from the rear, or hold as a pure high-density investment, the value is undeniable. Sold “As-Is”. Buyer to independently verify all zoning, permits, and development potential with the City of Alhambra. Please do not disturb tenants; showings reserved for pre-qualified buyers. Note: Hero image has been digitally enhanced for twilight lighting per AB 723; original daylight photo follows in media sequence.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD

Rooms

Main Level Bedrooms 4

Interior

Interior Features All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplaces Type See Remarks

Fireplace Yes

Appliance Gas Range

Laundry Inside

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Wrought Iron

Pool None

Community Features Curbs, Sidewalks

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools Baldwin

High Schools Alhambra

School District Alhambra

Others

Senior Community No

Tax ID 5347005008

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by CHUONG THAI eXp Realty of California Inc 323-309-3423, DRE #02134406

Nearby Locations

Emma Verhoeven

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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318 Palmetto