1305 S Ethel, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 3 bath
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Alhambra, California 91803
This duplex presents a Strong Value Opportunity with a List Price of $998,000—positioned well below the $1,061,679 Fair Market Value by 5%. This valuation gap offers $63,679 in Instant Equity. Featuring a Good Condition Rating, the property includes a fully remodeled back unit and a private backyard patio. With a stable $4,770 monthly income, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1305 S Ethel Subject | $898,000* List Price | 3 | 3 | 1,545 | $634 | - |
A 1809 S 5th Sold | $1,020,000 | 3 | 2 | 1,466 | $696 | 1.0 mi |
B 1617 S Ethel Avenue Sold | $950,000 | 3 | 1 | 1,412 | $673 | 0.3 mi |
C 1652 La Golondrina Sold | $1,110,000 | 4 | 3 | 1,616 | $687 | 0.5 mi |
D 2909 Front Sold | $865,000 | 3 | 3 | 1,452 | $596 | 0.6 mi |
E 1608 Elm Street Pending | $1,098,000 List Price | 4 | 2 | 1,719 | $639 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1947, the property is a well-maintained duplex where the back unit has been fully remodeled (<5 years) with a modern kitchen, updated bathrooms, and new flooring. The presence of a newer mini-split HVAC system and upgraded windows makes it move-in ready, though the rating is held at 'good' due to some remaining dated elements like popcorn ceilings and wall heaters.
This duplex generates a robust $4,770 monthly rental income, providing immediate cash flow and making it an ideal opportunity for investors or owner-users looking to offset mortgage costs.
The back unit is fully remodeled with a new kitchen, updated bathrooms, modern flooring, and upgraded windows, significantly reducing immediate capital expenditure for the new owner.
The property features a generous 6,600 sqft lot with a detached two-car garage and a private backyard, offering significant potential for an ADU or further residential expansion.
The front unit is currently tenant-occupied and available for viewing by appointment only, which may complicate the inspection process and delay immediate possession for owner-occupants.
With 41 days on the market and two consecutive price reductions from the original list price, the property may face challenges with buyer perception regarding its market value.
Best estate price in town. 1305-1307 GREAT INVESTMENT OPPORTUNITIES- Well-maintained Duplex featuring strong rental income and upside potential in ALHAMBRA. The front unit is currently tenant-occupied. Both unit combine prospect are generating $4770 per month with stable cash flow. The back unit offers 2 bedrooms and 1.5 bathrooms and has been fully remodeled, including a new KITCHEN, updated bathrooms, new flooring upgraded window and doors, new appliances and fresh interior and exterior paint. Property includes a detached 2 CAR garage with storage and a private backyard patio with potential for expansion. Conveniently located near shopping, parks, schools, and major transportation routes, making it highly attractive to tenants. Ideal for investors seeking immediate income with long-term appreciation potential or owner-users looking to offset mortgage with rental income. 1307 is available to show before 8:00 PM any day. 1305 is tenant occupied and showed by appointment only!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,545 | 1,374 |
| Lot Size | 6,600 | 7,321 |
| Price | $898.0K | $1.05M |
| Price per sq ft | $581 | $708 |
| Built year | 1947 | 1929 |
| HOA | $0 | $0 |
| Days on market | 59 | 43 |
Jul 17, 2026
$898,000
$998,000
-10% Price Drop
Initial Listing
Jul 1, 2026
$998,000
$1,038,500
-4% Price Drop
Initial Listing
Jun 16, 2026
$1,038,500
$1,098,500
-5% Price Drop
Initial Listing
May 24, 2026
$1,098,500
Initial Listing