
Alhambra, California 91801
This Versatile Residential Income Duplex presents a Prime Investment Opportunity with a List Price of $1,188,000—positioned well below the $1,222,452 Fair Market Value by 2%. This valuation gap offers $34,452 in Instant Equity. Featuring a Condition Rating of 3, the property includes updated kitchens and a Tesla 220V wall charger. Located near Top-Rated Schools like Marengo Elementary (9/10), this dual-unit asset is perfect for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking stable rental income in a walkable Alhambra location.
Property is move-in ready.
The property is move-in ready and has been significantly updated despite its 1923 original build date. The kitchens feature modern cabinetry, stone countertops, and stainless steel appliances, while the bathrooms show updated tiling and fixtures. The interior is well-maintained with polished wood-style flooring, recessed lighting, and ceiling fans. Additionally, the electrical system has been modernized to include separate meters and a Tesla 220V wall charger, indicating major systems are functional and updated.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Configured as two separate 2-bedroom, 1-bathroom units despite title records, this property offers excellent flexibility for multi-generational living or dual rental income streams.
The property is uniquely equipped with a Tesla 220V wall charger and an additional 220V outlet, providing a significant value-add for eco-conscious tenants or owners.
The current two-unit configuration conflicts with the official title record of 2 bedrooms and 2 bathrooms, necessitating thorough buyer due diligence regarding zoning and permit legality.
While electrical meters are separate, the water, gas, and trash services are shared, which can complicate expense allocation and management for a residential income property.
The property is walking distance to downtown Alhambra, San Marino, and the San Gabriel Mission. Great Investment Opportunity with Flexible Living Potential! This unique property offers incredible versatility for both investors and owner-users. Title reflects 2 bedrooms and 2 bathrooms; however, the home is currently configured as two separate units, each offering 2 bedrooms and 1 bathroom—ideal for multi-generational living or rental income potential. Each unit features a functional and well-designed layout, with comfortable living areas that flow naturally into the kitchens, creating an open and practical living space. The bedrooms are well-proportioned and thoughtfully positioned to provide privacy, while the bathrooms are conveniently located to serve both residents and guests with ease. The overall layout offers a seamless balance between shared living space and private retreats. The property is equipped with modern conveniences, including a Tesla 220V wall charger, an additional 220V outlet in the driveway, and separate electrical meters for each unit. Internet is independently routed to each unit, providing added privacy and functionality. Water, gas, and trash services are currently shared and managed by the owner. Enjoy a spacious lot featuring a yard with an installed sprinkler system—perfect for outdoor enjoyment or future enhancements. Buyer to independently verify all information, including but not limited to permits, zoning, and utility configurations with the City. Property is being sold as-is. Broker/Agent does not guarantee the accuracy of square footage, lot size, zoning, rent control status, permits, use code, schools, or other property details. Buyer is advised to conduct their own due diligence and verify all information through personal inspection and appropriate professionals.
No exterior & parking available.
Grades K-6 • 1.8 mi
Grades K-5 • 2.0 mi
Grades K-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.0 | 55% |
| Baths | 2.0 | 0.0 | 55% |
| Square foot | 1,922 | 1,922 | 50% |
| Lot Size | 10,525 | 7,505 | 82% |
| Price | $1.19M | $1.09M | 55% |
| Price per sq ft | $618 | $618 | 50% |
| Built year | 1923 | 1924 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 141 | 9% |
Apr 13, 2026
$1,188,000
Initial Listing
Aug 16, 2022
$970,000
Public Record