1300 S Primrose, Alhambra, CA 91803

$1,599,900

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List Price
$1,599,900
Status
ACTIVE
Days on Market
2
MLS#
WS26181117
Subtype
Residential Income
Year Built
1938
Lot Size
7,837
Acres
0.18
MLS Area Major
Alhambra (601)

Property Description

Discover an exceptional income-generating opportunity in one of Alhambra’s most convenient neighborhoods! This unique property features 3 separate legal single-family structures, each fully remodeled with permitted upgrades—offering privacy, modern comforts, and immediate cash flow.The Main Residence: 1300 S Primrose Ave, with 4 Rooms, 2 Bath & Private Garage. Brand-new, lovely interior renovation with bright, modern finishes. Upgraded roof and energy-efficient windows (installed in 2020). An owner-occupant looking for a spacious, move-in-ready home while neighboring units offset the mortgage! Unit #2: 2310 Front St, with 2 Rooms, 1 Bath & Private Garage and Unit #3: 2314 Front St with 3 Rooms, 1 Bath & Private Garage, BOTH Complete 2019 down-to-the-studs remodel with city permits. Unbeatable Investment Potential Live comfortably in the main residence while collecting monthly passive income from next two homes. This substantial income stream significantly reduces your monthly mortgage interest, property taxes, and living expenses—making high-end California homeownership remarkably affordable. Prime, Ultra-Convenient Location Save hours on your daily commute with access to top institutions and vibrant entertainment hubs; 5 Minutes: Premier shopping centers, movie theaters, main street and dining hotspots. 10 Minutes: Cal State LA, East Los Angeles College, USC Health Sciences Campus, and Keck Hospital of USC.20 Minutes: Downtown Los Angeles, Pasadena City College, and Old Town Pasadena. Whether you're a savvy homebuyer seeking an income helper or an investor eyeing a turnkey multi-structure compound, this gem offers unmatched value, high rental yields, and long-term appreciation potential!

Additional Information

Heating
Electric
Air Conditioning
Yes
Roof
Shingle
Pool Type
None
Parking Features
Garage
Garage Spaces
3
View
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: CORA CHU (corayc30@gmail.com) from Listing Office: IRN REALTY.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.