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204 S Olive Avenue, Alhambra, CA 91801

Local realty services provided by:CENTURY 21 Classic Estates
204 S Olive Avenue,Alhambra, CA 91801
$2,300,000
  • 14 Beds
  • 7 Baths
  • 7,158 sq. ft.
  • Multi-family
  • Active
Listed by: alexander metaxas, bo hyeok kim
Office: realty investment advisors, inc.
MLS#:26648997
Source:CRMLS

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$321.32

About this home

RIA and Compass are pleased to offer for sale a rare offering of a multi-family property with bungalow style units on a large 18,895 SF lot on a quiet residential street. The property was purchased decades ago as eight rental units and continued to operate at eight, but the county records show seven units on the site. Buyer to perform their own diligence on the one non-conforming unit. Featuring spacious, standalone home type units that are all 2Bed+1bath on a large lot yielding the future potential for a redevelopment. At the rear are eight enclosed garages and open parking that accommodate eight vehicles. Solid in place rents offer an investor nearly a 5% cap with great upside and excellent desirability amongst other apartment units. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. There are no city specific rent control laws and

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Home facts

  • Year built:1929
  • Listing ID #:26648997
  • Added:12 day(s) ago
  • Updated:February 20, 2026 at 11:31 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:7
  • Living area:7,158 sq. ft.

Structure and exterior

  • Year built:1929
  • Building area:7,158 sq. ft.
  • Lot area:0.43 Acres

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$321.32
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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