1316 S Palm Avenue Active

Alhambra,CA 91803

$ 1040000

3 Beds

2 Baths

1495 SqFt


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 P1-23401

Bedrooms 3

Full Baths 2

Year Built 1937

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

Direction Between Valley and Mission

Interior

Interior Features Copper Plumbing Partial,Granite Counters,Tile Counters,Phone System

Heating Fireplace,Forced Air Unit

Cooling Central Forced Air

Flooring Linoleum/Vinyl

Fireplaces Type FP in Living Room,Gas,Masonry,Gas Starter

Fireplace No

Appliance Dryer,Refrigerator,Washer,Double Oven,Electric Oven,Freezer,Vented Exhaust Fan

Laundry Electric,Washer Hookup

Exterior

Fence Partial,Average Condition,Excellent Condition,New Condition,Privacy,Wrought Iron,Vinyl

Utilities Available Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Water Available,Sewer Connected,Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Accessibility 2+ Access Exits,Doors - Swing In,Grab Bars In Bathroom(s)

Porch Covered,Slab,Concrete,Patio

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 5355002013

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