433 N Palm Avenue

Alhambra, CA 91801

$1,200,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1924

calendar_month Built

Property Description

Investor's dream! This duplex, located in the heart of Alhambra and directly across from scenic Alhambra Park, sits on a 7,562 sqft lot in a Residential High-Density (RH) zone. With zoning that allows for the potential to build approximately 4 units, this property offers significant development potential. For those looking to fix and flip, the current structure is an ideal project for value-add improvements. Alternatively, investors seeking a fix-and-hold strategy can renovate the existing property and take advantage of the high-demand rental market in this prime location. Whether you're looking to sell for a quick return or hold for long-term rental income, this property offers unmatched potential in a highly sought-after area. Don't miss out on this incredible investment opportunity!

Listing Information

List Price $1,200,000
Status Active
MLS OC24201347
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1924
Lot Size 7,562
Structure Size N/A
Courtesy Of Assurance Properties
Listing Agent William Miura DRE#01708641

Interior Features

Laundry Information
Location(s) Common Area, Washer Hookup, Electric Dryer Hookup, Outside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: William Miura, Assurance Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 1st, 2024 at 12:17 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.