
Alhambra, California 91801
This Duplex Residential Income property is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,451,431 Fair Market Value by 6%. This valuation gap offers $101,431 in Instant Equity. Featuring a Condition Rating of 2 with recent modern renovations, the property includes a 3-bedroom front house and a 1-bedroom unit. Located near Top-Rated Schools like Mark Keppel High, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Property is new construction or fully renovated.
Despite the 1948 build date, the property has undergone a comprehensive recent renovation within the last 5 years. The interior features modern engineered wood flooring, recessed lighting, and updated bathrooms with new fixtures and tile work. The kitchen is high-end, featuring a premium Thor stainless steel range, stone countertops, and contemporary cabinetry, making it move-in ready with no visible maintenance required.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
This duplex configuration, featuring a 3-bedroom front house and a separate 1-bedroom unit above the garage, provides excellent flexibility for owner-occupiers seeking rental income or multi-generational living arrangements.
The property is located within a highly desirable school district, specifically less than a quarter-mile from Mark Keppel High School (rated 9/10), which serves as a significant driver for long-term property value and tenant demand.
While convenient for commuters, the immediate access to the 10 Freeway likely results in increased ambient traffic noise and environmental dust, which may be a drawback for sensitive residents.
Built in 1948, the property may possess aging underlying systems such as original plumbing or electrical components that could require future capital expenditure despite the recent cosmetic renovations.
DUPLEX 305 and 307 E Hellman Ave | Front house 3 bedrooms & 2 bathrooms, back unit 1 bedroom & 1 bathroom located on top of the garage | Located within the Highly Desirable and High Performing Alhambra School District, Mark Keppel High School is close by. The front house is nicely set away from the street with a long drive that leads to the back unit and garage. Inside you will find a beautiful home with an excellent floor plan. Plenty of natural light throughout with gorgeous engineered wood flooring in the living room, dining area, & bedrooms, and classic timeless tile flooring in the kitchen. The primary suite features a primary bathroom with updated fixtures and shower tiles. The hallway bathroom has also been updated. The 1 bedroom 1 bathroom unit is very cozy with it's own living room, kitchenette, dining area, full bathroom, and nice size bedroom. Too many features to list must see to appreciate ! Prime location with immediate access to the 10 Freeway, Valley Blvd is just north of the property and Garvey Ave is just south of the property. There are plenty of restaurants, markets, shops, and amenities on Valley Blvd & Garvey Ave.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.6 mi
Grades K-6 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 62% |
| Baths | 3.0 | 0.0 | 69% |
| Square foot | 2,093 | 2,093 | 50% |
| Lot Size | 7,793 | 7,560 | 54% |
| Price | $1.35M | $1.22M | 62% |
| Price per sq ft | $645 | $585 | 69% |
| Built year | 1948 | 1924 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 144 | 8% |
May 21, 2026
$1,350,000
Initial Listing
Feb 24, 2016
$670,000
Public Record