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2204 Orange Grove Avenue A,b,c, Alhambra, 91803 - 7 bed, 4 bath

2204 Orange Grove Avenue A,b,c home-pic-0
ACTIVE$1,530,000
2204 Orange Grove Avenue A,b,c
7Beds
4Baths
3,074Sqft
7,484Lot
Year Built
1980
Close
-
List price
$1.53M
Original List price
$1.55M
Price/Sqft
$498
HOA
-
Days on market
-
Sold On
-
MLS number
WS25095861
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.53M(92th), sqft - 3074(77th), beds - 7(92th), baths - 4(92th).

This property is perfect for owner and investor, this beautiful and well-maintained 3-unit multi-family residence with opportunities to add ADUs in the heart of Alhambra. This spacious property features 3 separated units totaling approximately 3,074 square feet of living space. The first-floor unit offers 3 bedrooms and 2 bathrooms across approximately 1,200 square feet. The second floor has two units, each approximately 900 square feet with 2 bedrooms and 1 bathroom — ideal for generating rental income while the owner occupies one unit. The property includes four single-car garages and additional parking for four more vehicles. Ideally situated near Parks, shopping, restaurants, school, Cal State LA and just minutes away from Downtown Los Angeles, easy access to freeways 10 and 710 and public transportation. The large backyard offers potential to build an additional unit or ADU for additional rental income. Two units are currently occupied by long term tenants. This Property is being sold as-is condition. Seller will not make any repairs or offer credits.

Price History

Date
Event
Price
10/06/25
Price Change
$1,530,000
05/02/25
Listing
$1,550,000
Condition Rating
Fair
The property was built in 1980, making it 44 years old. While the exterior appears well-maintained with a neat lawn and stucco, the lack of interior images, coupled with the 'as-is' sale condition, strongly suggests that the kitchens and bathrooms are likely outdated in style and features, consistent with its age or minor updates 15-30 years ago. The visible window AC units indicate older cooling systems. The property is functional but would require minor updates to meet current aesthetic and functional standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Strong Income Potential: A well-maintained triplex with three separate units, two currently occupied by long-term tenants, offering immediate rental income for investors or owner-occupants.
Significant ADU Expansion Opportunity: The large backyard and explicit mention of ADU potential provide a clear path for future value addition and increased rental income, enhancing long-term investment returns.
Excellent Central Location: Ideally situated in the heart of Alhambra, with convenient access to amenities (parks, shopping, restaurants, schools, Cal State LA) and major transportation routes (Freeways 10 & 710, public transit), including proximity to Downtown LA.
Ample Parking: Features four single-car garages plus additional parking for four more vehicles, a valuable asset for a multi-unit property in an urban area where parking can be scarce.
Versatile Investment: The property is suitable for both owner-occupants looking to offset mortgage with rental income and pure investors seeking a multi-unit property with growth potential.

Cons

As-Is Sale Condition: The property is explicitly sold 'as-is,' with the seller unwilling to make repairs or offer credits, placing the burden of any necessary maintenance, repairs, or upgrades entirely on the buyer.
Potential for Below-Market Rents: While two units are occupied by long-term tenants, this often implies rents that may not be at current market rates, potentially limiting immediate income optimization without tenant turnover or negotiation.
Age-Related Maintenance/Upgrades: Built in 1980, the property is over 40 years old, suggesting that major systems (plumbing, electrical, HVAC) or cosmetic finishes may require significant updates or replacement in the near future to maintain value and attract premium tenants.

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