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1316 S Palm AVE Alhambra, CA 91803
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Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,495 sqft
Price per Sqft $668
MLS Listing ID P1-23401
Bedrooms 3
Full Baths 2
Year Built 1937
Lot Size 6,634 Sqft
Property Sub-Type Single Family Residence
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
Area 601 - Alhambra
Rooms
Other Rooms Guest House Detached, Shed(s), Storage
Interior
Heating Central, Fireplace(s), Natural Gas
Cooling Central Air
Flooring Vinyl
Fireplaces Type Gas, Gas Starter, Living Room, Masonry, Wood Burning
Laundry Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
Exterior
Exterior Feature Awning(s), Rain Gutters
Parking Features No Driveway, Permit Required, On Street
Fence Average Condition, Block, Excellent Condition, New Condition, Partial, Privacy, Vinyl, Wrought Iron
Pool None
Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N No
View None
Roof Type Shingle
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Rectangular Lot, Sprinklers Timer, Sprinklers Manual, Sprinkler System
Story 1
Foundation Concrete Perimeter, Raised
Sewer Public Sewer
Water Public
Schools
High Schools Alhambra
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Trust
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Bought with James Lim SOUTHLAND PROPERTIES
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