
Alhambra, California 91801
This High-Potential Investment Opportunity is a well-maintained fourplex listed at $1,550,000, positioned well below the $1,747,078 Fair Market Value by 11%. This valuation gap offers $197,078 in Instant Equity. Featuring a Condition Rating of 3, the property includes renovated interiors, split AC units, and covered parking. Located in a prime Alhambra submarket near Top-Rated Schools like Marengo Elementary and South Pasadena High, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing property with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 S Bushnell Avenue Subject | $1,550,000* List Price | 6 | 4 | 3,125 | $559 | - |
A 33 Elm Street Sold | $1,750,000 | 5 | 6 | 2,900 | $603 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1951, the property has undergone significant interior renovations including updated kitchens with new cabinetry, renovated bathrooms, and modern laminate flooring. The addition of split air conditioning units and newer exterior paint indicates proactive maintenance and system upgrades, making the units move-in ready.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 8.
Constructed in 1951, the property sits on a ±6,250 square-foot lot with a total building size of ±3,125 square feet. Positioned at the intersection of South Bushnell Avenue in central Alhambra, the property benefits from immediate proximity to Valley Boulevard and Fremont Avenue, two of the area's primary retail corridors. The location offers exceptional connectivity, with convenient access to the 10 and 710 Freeways, and is minutes from Cal State University, Los Angeles and approximately 8 miles from Downtown Los Angeles. Neighboring cities include Monterey Park, San Gabriel, and Temple City. The property features an ideal unit mix of two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, averaging 781 square feet per unit. Each residence has been thoughtfully updated and features renovated interiors with fully equipped kitchens, updated cabinetry, tile flooring, recessed lighting, upgraded bathroom sinks and showers, split air conditioning units, laminate wood flooring, and vertical blinds. On-site covered parking is available for all residents with ample street parking. The property presents a well-maintained exterior with newer exterior paint and mature, lush landscaping throughout. 221 S Bushnell Avenue is a well-maintained, income-producing fourplex located in one of the San Gabriel Valley's most desirable residential submarkets.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-5 • 1.5 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.4 |
| Baths | 4.0 | 2.8 |
| Square foot | 3,125 | 2,082.417 |
| Lot Size | 6,250 | 8,052.917 |
| Price | $1.55M | $1.29M |
| Price per sq ft | $496 | $586 |
| Built year | 1951 | 1936 |
| HOA | $0 | $0 |
| Days on market | 7 | 55 |
Sep 2, 2026
$1,550,000
Initial Listing