204 S Olive Avenue, Alhambra, CA 91801

Local realty services provided by:ERA Excel Realty
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:7 day(s) ago
  • Updated:February 10, 2026 at 04:12 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
Based on information from California Regional Multiple Listing Service, Inc. as of February 15, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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