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Backup Offers

309 N Palm Ave, Alhambra, CA, 91801

$1,398,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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309 N Palm Ave, Alhambra$1,398,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, Door-Single, Garage
Garage5 spaces
Year Built1931
HeatingFloor Furnace, Wall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewPark
MLS #P1-16860
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 309 N Palm Ave

Great potential investment in this stunning 4-unit Spanish Revival property located in one of the premier locations in north Alhambra directly across from Alhambra Park and north of Main Street! All 4 units have views of Alhambra Park and its manicured greenbelt. With almost 4,400 square feet of living space, each unit averages about 1100 square feet. Beautiful high-arched ceilings in the upstairs units make it feel even more expansive. The building mix is (1) 2 bedroom 1 bath unit and (3) 1 bedroom one bath units. Each unit boasts a large living room, separate formal dining room, spacious bedrooms, updated bathrooms, and kitchens with either granite or tile. Each unit has its own private laundry room with washer and dryer hookups. There are 5 separate garages on the property and convenient off-site parking as well. The building also has a new roof! As a bonus, the adjacent public park offers extensive walking paths, a swimming pool, basketball and tennis courts. It's also easy to keep 100% rented!The hallmarks of this wonderful property are it's expansive living space at almost 4,400 square ft and it's excellent north Alhambra location. right across from Alhambra Park. Additionally, 3 units could be reconfigured from 1 to 2 bedrooms for future additional rent potential.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1931
  • Stories: 2

Listing Office:

  • Office Name: Bryant Companies
  • Office Phone: (626) 695-7807
  • Listing Agent: Matthew Bryant

Interior Features

Interior Information:

  • Appliances: Range
  • Flooring Type: Carpet, Vinyl, Wood
  • Interior: Ceiling Fan(s), Granite Counters, High Ceilings
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Park

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Assigned, Door-Single, Garage

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped, Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: South of Alhambra Road, North of Main and west of Alhambra Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,398,000

Tax Information:

  • Annual Amount: $6,910
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Alhambra, CA.

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Alhambra, CA

City

Med. Sold Price

$867K

Med. Price/SqFt

$613

Avg. Days On Market

30

# of Sold Homes

28

309 N Palm Ave vs Alhambra

247 DAYS ON ROCKET

+217 Days

$1,398,000

+$531K More

KEY TAKEAWAY

This property is $531K 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: #P1-16860

Listing Office:

  • Office Name: Bryant Companies
  • Office Phone: (626) 695-7807
  • Listing Agent: Matthew Bryant

IDX 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

Listing History

Jan 05, 2000Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,910$482,761
2020$6,691$477,812
2019$6,632$468,444
2018$6,547$459,260
2017$6,547$450,256

History based on county public records data.

Payment Calculator

$7,045

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,258

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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.

Nearby Schools

school-card-donut-439856
7
/10

  • Sierra Vista Elementary

  • 4342 Alpha St

  • 0.69 miles

  • Public District Grades KG-6

school-card-donut-439857
9
/10

  • Marengo Elementary School

  • 1400 Marengo Ave

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-439858
8
/10

  • Monterey Hills Elementary School

  • 1624 Via Del Rey

  • 1.14 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,891. The most common annual income of people living in Alhambra, CA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Alhambra›91801›309 N Palm Ave

This home is located at 309 N Palm Ave in Alhambra, CA and zip code 91801 in the The San Gabriel Valley neighborhood. This home, which was built in 1931, sits on a 0.17 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $1,398,000.

In October 2024, from all listings sold in Alhambra, CA there were more than 16 sold above asking price, over 10 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Alhambra, CA increased by 8.9% between September 2024 and October 2024. While the average time on the market in October 2024 was 30 days, the median list price was $867,000.

From Rocket Homes Real Estate and based on county public records data.

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