1305 S Ethel, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 3 bath
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Alhambra, California 91803
This Duplex Residential Asset is a Strong Value Opportunity, listed at $1,098,500—positioned well below the $1,169,452 Fair Market Value by 6%. This valuation gap offers $70,952 in Instant Equity. Featuring an Excellent Condition Rating due to a fully remodeled back unit, the property provides stable cash flow and significant expansion potential on a 6,600 sqft lot. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking 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 | $1,098,500* List Price | 3 | 3 | 1,545 | $757 | - |
A 1704 S Date Avenue Sold | $1,286,800 | 3 | 2 | 1,496 | $860 | 0.3 mi |
B 1817 Elm Street Sold | $1,075,194 | 3 | 2 | 1,372 | $784 | 0.5 mi |
C 2820 Front Sold | $1,050,000 | 3 | 2 | 1,370 | $766 | 0.6 mi |
D 1652 La Golondrina Sold | $1,110,000 | 4 | 3 | 1,616 | $687 | 0.5 mi |
E 2901 Front St Sold | $1,034,500 | 3 | 2 | 1,335 | $775 | 0.6 mi |
F 657 S Meridian Sold | $1,180,000 | 3 | 3 | 1,716 | $688 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1947, the property qualifies as Excellent due to a recent full remodel of the back unit including a new kitchen, updated bathrooms, new flooring, and new appliances (<5y reno). The exterior features fresh paint and upgraded windows, and the front unit is described as well-maintained, indicating the property is in mint, move-in ready condition.
The property generates a stable monthly income of $4,770, offering immediate cash flow and high appeal for both investors and owner-users looking to offset mortgage costs.
The back unit has been fully remodeled with a new kitchen, updated bathrooms, new flooring, and upgraded windows, significantly reducing immediate capital expenditure for the buyer.
Situated on a 6,600 sqft lot with a detached two-car garage and private backyard, the property offers significant upside through potential expansion or ADU development.
The front unit is currently tenant-occupied and available for viewing by appointment only, which may complicate the due diligence process and delay full possession for owner-occupants.
Built in 1947, the property may require ongoing maintenance or future upgrades to the older systems in the front unit to match the modern standards of the renovated back unit.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,545 | 1,371.5 | 72% |
| Lot Size | 6,600 | 6,357 | 63% |
| Price | $1.10M | $933.5K | 75% |
| Price per sq ft | $711 | $702 | 56% |
| Built year | 1947 | 1939 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 122 | 6% |
May 24, 2026
$1,098,500
Initial Listing