1316 S Palm Avenue, Alhambra Property Listing: MLS® #P1-23401

IMMEDIATE INCOME UNIT with tenant in one unit. 2 HOMES IN 1 LOT with potential to expand. Nestled on a quiet, tree-lined street, this rare find is a single-story, single-family home with a brand new, fully permitted detached ADU, offering outstanding flexibility and versatility for multigenerational living or rental income--earn passive income right from your backyard! The move-in ready 2 bedrooms 1 bath front main house welcomes you with natural bright light and recently upgraded brand new flooring. Enjoy a beautifully landscaped front yard and a spacious backyard lined with mature fruit trees, including orange, peach, lemon, pineapple guava, loquat, pomegranate, fig, and nectarine. The 425 sq ft back ADU includes 1 bedroom, 1 bathroom, quartz countertop kitchen, rainfall shower, modern finishes, and its own private entrance, separate address, and individual electric and water meters. Current tenant in back unit paying $1,998 per month. Located in a highly rated school district, just minutes from Cal State LA, shopping, dining, parks, hospitals, and major freeways, this property combines comfort, convenience, and investment potential--a unique opportunity in the thriving city of Alhambra you won't want to miss!

1316 S Palm Avenue, Alhambra Property Listing: MLS® #P1-23401 Close
Page Summary
  • MLS® #: P1-23401
  • 1316 S Palm Avenue
  • Alhambra, CA 91803
  • $1,040,000
  • 3 Beds, 2 Bath, 1495 SqFt, 0.15 Acres
  • Office: Remax Dream Properties

IMMEDIATE INCOME UNIT with tenant in one unit. 2 HOMES IN 1 LOT with potential to expand. Nestled on a quiet, tree-lined street, this rare find is a single-story, single-family home with a brand new, fully permitted detached ADU, offering outstanding flexibility and versatility for multigenerational living or rental income--earn passive income right from your backyard! The move-in ready 2 bedrooms 1 bath front main house welcomes you with natural bright light and recently upgraded brand new flooring. Enjoy a beautifully landscaped front yard and a spacious backyard lined with mature fruit trees, including orange, peach, lemon, pineapple guava, loquat, pomegranate, fig, and nectarine. The 425 sq ft back ADU includes 1 bedroom, 1 bathroom, quartz countertop kitchen, rainfall shower, modern finishes, and its own private entrance, separate address, and individual electric and water meters. Current tenant in back unit paying $1,998 per month. Located in a highly rated school district, just minutes from Cal State LA, shopping, dining, parks, hospitals, and major freeways, this property combines comfort, convenience, and investment potential--a unique opportunity in the thriving city of Alhambra you won't want to miss!

Supplemental Remarks

Essential Information

  • MLS® #P1-23401
  • Listing Price$1,040,000
  • List Price per Square Foot$695.65
  • Date ListedJuly 21st, 2025
  • Days on Market38
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,495
  • Acres0.15
  • Lot Sq.Ft.6,634
  • Year Built1937
  • TypeResidential
  • Sub-TypeDetached
  • StatusActive Under Contract

Community Information

  • Address1316 S Palm Avenue
  • AreaALHAMBRA (91803)
  • CityAlhambra
  • CountyLos Angeles
  • StateCA
  • Zip Code91803

Amenities

  • ViewN/K
  • PoolN/K

Utilities

Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Water Available,Sewer Connected,Water Connected

Interior

  • HeatingFireplace,Forced Air Unit
  • CoolingCentral Forced Air
  • FireplaceYes
  • # of Stories1
  • Stories1 Story

Interior Features

Copper Plumbing Partial,Granite Counters,Tile Counters,Phone System

Appliances

Dryer,Refrigerator,Washer,Double Oven,Electric Oven,Freezer,Vented Exhaust Fan

Fireplaces

FP in Living Room,Gas,Masonry,Gas Starter

Exterior

  • RoofShingle
  • ConstructionStucco

Lot Description

Sidewalks,Landscaped,Sprinklers In Front,Sprinklers In Rear

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Nearby Schools in Alhambra

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Listing information last updated on September 2nd, 2025 at 9:39am PDT.