Property Details
Property Details
Property Details
318 Palmetto, Alhambra, CA 91801
$1,088,000 LOGIN TO SAVE
318 Palmetto, Alhambra, CA 91801
Bedrooms: 4
Bathrooms: 3
Area: 1790 SqFt.
Description
Welcome to this rare value-add investment opportunity on a prime corner lot near the heart of Alhambra. This duplex features two distinct identities: 318 Palmetto Dr (3BR/2BA) and 808 S 4th St (1BR/1BA), each with private entrances and independent utility meters (Gas/Electric). The interior has been well-maintained by long-term tenants, featuring clean kitchens and solid flooring throughout. Minutes away from Downtown Alhambras dining and entertainment. Property carries the ALRPD* (Residential Planned Development) designation, offering high-density upside. Per Alhambras 2026 standards, the detached garage is a premier candidate for ADU conversion, potentially creating a high-yield 3-unit compound. Currently occupied by cooperative, long-term tenants on month-to-month leases; perfect for an investor or a homeowner seeking a "house-hack" with serious equity-growth potential. Sold As-Is. Buyer to independently verify all zoning, permits, and development potential with the City of Alhambra. Please do not disturb tenants; showings reserved for pre-qualified buyers. Note: Hero image has been digitally enhanced for twilight lighting per AB 723; original daylight photo follows in media sequence.
Features
Listing provided courtesy of CHUONG THAI of eXp Realty of California Inc. Last updated . Listing information © 2025 Sandicor.
Work with Us
Under the Compass brand, Ramon and his team take great pride in having the ability to utilize today's cutting edge technology, marketing resources, and local and global connections to perfectly unite extraordinary places with the extraordinary buyers who will cherish them as we do.
Contact Us
North County Office
12275 El Camino Real, Suite 100
San Diego, CA 92130
858.345.4514
La Jolla Office
7863 Girard Avenue, Suite 208
La Jolla, CA, 92037
858.277.3325
San Diego Office
655 W Broadway
San Diego, CA 92101
619.317.1875
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 Sandicor®, Inc.
Copyright © 2025 Maldonado Team. All Rights Reserved.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 Sandicor®, Inc.
Copyright © 2025 Maldonado Team. All Rights Reserved.
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