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2306 W Alhambra RoadAlhambra, CA 91801
**The best investment properties don't just generate incomethey inspire confidence. This North Alhambra fourplex offers both.** From the day you close, you'll own a well-maintained four-unit property in one of the San Gabriel Valley's most desirable rental markets, providing dependable income from the start. Ideally situated in North Alhambra, adjacent to South Pasadena, this classic 1924 Spanish property blends timeless 1924 Spanish character with the confidence of a comprehensive renovation completed in 2001. Perhaps this property's greatest asset isn't just its locationit's the people who call it home. Long-term residents have taken exceptional pride in their homes, creating a level of care and cleanliness that is rarely found in rental properties. For an investor, that means acquiring an asset that has been exceptionally well maintained by both ownership and residentsa quality that often translates into lower maintenance demands, responsible tenancy, and greater peace of mind. The property features four spacious one-bedroom, one-bath units across two separate buildings. Every unit includes in-unit laundry, and the property offers three private garages plus additional driveway parkinghighly desirable amenities that continue to attract quality tenants. With all units occupied on month-to-month leases, the property provides dependable income from day one while offering flexibility as market conditions and ownership goals evolve. Whether you're completing a 1031 exchange, expanding your portfolio, or acquiring your first multifamily investment, this is a rare opportunity to own a clean, well-cared-for asset in one of the San Gabriel Valley's most sought-after rental markets. **Investment Highlights** * Four spacious 1-bedroom, 1-bath units * Current Gross Income: $7,300/month ($87,600/year) * Long-term, month-to-month tenants * Exceptional pride of occupancy throughout * In-unit laundry in every unit * Three private garages plus additional driveway parking * Two separate buildings * Comprehensive renovation completed in 2001 * Prime North Alhambra location adjacent to South Pasadena
| 3 days ago | Listing updated with changes from the MLS® | |
| 6 days ago | Listing first seen on site |
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.
Last checked 2026
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
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