Outstanding opportunity to purchase this triplex at 2204 Orange Grove Ave, Alhambra. The Orange Grove Triplex is in southwest Alhambra close by Fremont Ave, bordering the city of Monterey Park. This rare 1980-built triplex is in a quietand scenic residential neighborhood comprised of mostly single-family homes, great for an owner user or investor. The location provides easy access to the 10 freeway, within minutes' drive to Cal State LA, downtown LA, and the surrounding West San Gabriel Valley cities. Furthermore, the investor may be able to add (3) additional ADUs, which may allow the buyer/investor to add tremendous value by improving this property to a 6 units multifamily property and potentially achieve a higher proforma cap rate. Buyer to consult with his/her own architect/general contractor and verify with the City of Alhambra.The property has a great unit mix of (1) 3 Bed / 2 Bath downstairs, and (2) 2 Bed / 1 Bath upstairs. In the back of the building accessible from the alley way Each unit has 1 or 2 garage parking, with additional parking spaces on the large driveway in the rear. The onsite laundry room generates additional income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with easy access to the 10, 60, and 710 freeways, with minutes' drive to Cal State LA and Downtown LA. The property is near 99 Ranch Market, Ralphs, The Alhambra shopping center, Fremont Elementary School, Alhambra High School (8 out of 10), and Granada Park.
Property Details
Property Features
Property Information:
Year Built: 1980
Stories: 2
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (626) 204-3300
Listing Agent: Tzu-ning Chang
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 4 spaces
Parking: Driveway, Garage
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: On Orange Grove Ave between Hellman Ave and Ramona Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $1,590,000
Tax Information:
Annual Amount: $3,757
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Alhambra, CA.
This property is $723K more than the Median Sold Price in Alhambra, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #P1-19362
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (626) 204-3300
Listing Agent: Tzu-ning Chang
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 9:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,757
$235,620
2020
$3,647
$233,205
2019
$3,550
$228,633
2018
$3,507
$224,151
2017
$3,507
$219,757
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
City Terrace Elementary School
4350 City Terrace Dr
Distance between this listing and this school1.20 miles
Public District Grades KG-5
4
/10
Sierra Park Elementary
3170 Budau Ave
Distance between this listing and this school1.25 miles
Public District Grades PK-6
5
/10
Farmdale Elementary School
2660 Ruth Swiggett Dr
Distance between this listing and this school1.52 miles
Public District Grades KG-5
Nearby Schools
7
/10
Fremont Elementary School
2001 Elm St
Distance between this listing and this school0.32 miles
Public District Grades KG-8
8
/10
Monterey Highlands Elementary School
400 Casuda Canyon Dr
Distance between this listing and this school0.71 miles
Public District Grades KG-8
7
/10
Marguerita Elementary School
1603 S Marguerita Ave
Distance between this listing and this school1.08 miles
Public District Grades KG-8
Nearby Schools
8
/10
Los Angeles High School for the Arts
5151 State University Dr
Distance between this listing and this school0.67 miles
Public District Grades 9-12
9
/10
Alliance Marc & Eva Stern Math and Science
5151 State University Dr Lot 2
Distance between this listing and this school0.92 miles
Public Charter Grades 9-12
4
/10
Independence High (Alternative)
20 S Marengo Ave
Distance between this listing and this school1.76 miles
The neighbors living near this home have an average income of $79,911. The majority of Alhambra, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 2204 Orange Grove Ave in Alhambra, CA and zip code 91803 in the The San Gabriel Valley neighborhood. This home, which was built in 1980, sits on a 0.17 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $1,590,000.
Over 16 listings were sold over their listed price in October 2024 in Alhambra, CA. In the same period over 10 listings were sold below the listed price and 2 listings were sold for the listed price. In October 2024 in Alhambra, CA there were 8.9% more homes for sale than in September 2024. In October 2024 median list price was $867,000 and the average listing age was 30 days.
From Rocket Homes Real Estate and based on county public records data.