Property Details
About this Property
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!
MLS Listing Information
MLS #
CRP1-23401
MLS Source
California Regional MLS
Days on Site
27
Interior Features
Kitchen
Exhaust Fan, Other
Appliances
Exhaust Fan, Freezer, Hood Over Range, Other, Oven - Double, Oven - Electric, Oven Range - Built-In, Refrigerator, Dryer, Washer
Dining Room
Formal Dining Room
Fireplace
Gas Burning, Gas Starter, Living Room, Other Location, Wood Burning
Laundry
In Laundry Room, Other
Cooling
Ceiling Fan, Central Forced Air
Heating
Central Forced Air, Fireplace, Gas
Exterior Features
Roof
Shingle
Foundation
Concrete Perimeter, Raised
Pool
None
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Other, Parking Restrictions, Garage: 0 Car(s)
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
1316 S Palm Ave is a Single Family Residence in Alhambra, CA 91803. This 1,495 square foot property sits on a 6,636 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $1,040,000 and was built in 1937. This address can also be written as 1316 S Palm Ave, Alhambra, CA 91803.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of August 11, 2025. For the most current information, please contact Rainbow Yuen, (626) 757-3378
