224 N Olive, Alhambra, CA 91801

$1,180,000

Est. payment /mo

$1,180,000

Est.Price: ?

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224 N Olive Alhambra, CA 91801

8,912 Sqft Lot

SOLD DATE : 08/26/2026

Key Details

Sold Price $1,180,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR26145987

Sold Date 08/26/26

HOA Y/N No

Year Built 1939

Lot Size 8,912 Sqft

Property Sub-Type Duplex

Property Description

Excellent investment opportunity. Great location with nice environment near down town Alhambra. Spanish style 2 unit duplex on the 8911 square foot lot, which is at residential high density zone that allow you to build 6 units (4 main units plus 2 ADUs) on the lot, and the property owner has the plan design by the architect, which can be provided to the buyers. Please do your own diligence. You can apply for the building permits while still collecting rent from the existing tenants. Don't miss this great investment opportunity. No contingency on Seller's 1031 exchange.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Suburban

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5338023011

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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Listed by Chan Shyong Goodwell Investment Corp 626-374-8998, DRE #01876663
Bought with Gang Lan Wetrust Realty

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