Listed by Carol Bush of Seven Gables Real Estate (626-226-6535)
Positioned in a strong rental pocket of North Alhambra, adjacent to South Pasadena, this 4-unit property offers stable in-place income with a clear path to long-term upside. With 4 spacious 1-bedroom, 1-bath Units across two separate buildings, this property blends 1924 Spanish character with a comprehensive renovation completed in 2001. Each unit includes in-unit laundry, & the property offers 3 private garages plus additional driveway parking, amenities that support strong tenant demand & rental growth. Fully occupied with responsible, stable tenants, the property generates consistent income from day one. All units are fully occupied with month-to-month tenants, providing immediate income & flexibility for a new owner to adjust rents and optimize cash flow. This is an ideal opportunity for a long-term hold investor seeking a well-maintained asset with immediate and achievable income growth. The property has been consistently maintained, minimizing near-term capital expenditures while preserving future value-add potential. Located just minutes from South Pasadena, Alhambra Park, and a convenient Downtown Los Angeles commute, the property benefits from a highly desirable San Gabriel Valley location known for its strong and consistent rental demand. Investment Highlights: ~Current Gross Income: $7,300/month ($87,600/year). ~Pro Forma Potential: $9,000+/month ($108,000+/year). ~23% rental upside. ~Units with rent increase potential. ~Month-to-month tenants (operational flexibility). ~In-unit laundry in all units. ~3 garages + additional driveway parking.

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Property Details of 2306 W Alhambra Road

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Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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