805 S Olive Avenue Alhambra, CA 91803
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Vanessa McCoy - Contact:  818-522-4571

  805 S Olive Avenue Alhambra, CA 91803

Active (1 Days)
$1,580,000 (USD)

Description

One property on two parcels! 805 & 807 S Olive Ave. **Rare 4-Unit Opportunity*** perfect for Multigenerational Living, Owner Occupancy or Investment in a Prime Alhambra Location! Currently, Alhambra has no additional rent control other CA State AB1482 guidelines.



Exceptional opportunity to acquire two adjacent duplex parcels totaling four residential units in a desirable Alhambra neighborhood. Each unit offers a 2-bedroom, 1-bathroom layout with a highly sought-after single-story, ground-level design — ideal for broad appeal.

Each unit features just under 700 square feet of living space with large kitchens and washer/dryer hookups in unit, and include small side/rear yards. Parking is a standout amenity with four detached single-car garages plus four additional off-street spaces — an uncommon benefit for small multifamily properties in this area.

Live in one unit while generating rental income from the others. The low-density layout provides privacy and flexibility and offers substantial upside potential through thoughtful interior updates. Possible potential to convert garages to ADUs [Buyer to verify].

This property has been in the same family for decades and they have kept up with regularly scheduled maintenance and replaced the roof in 2025 and upgraded the sewer line.

Located near shopping, dining, schools, and major commuter corridors, this property benefits from strong ongoing demand in the San Gabriel Valley for both rental housing and owner-user multifamily opportunities.

Properties offering this combination of flexibility, income potential, and long-term appreciation are increasingly limited in Alhambra. Don't wait!

MLS #:
SR26041884
Lot Size
8,979 SQFT
Type
Multifamily
Year Built
1951
Style
Traditional
County
Los Angeles County

Listed By

Vanessa McCoy, DRE #01986841 CA, Coldwell Banker Realty, Contact: 818-522-4571
Source
CRMLS
Last checked Mar 10 2026 at 3:21 PM GMT+0000
Bathroom Details
Interior Features
  • All Bedrooms Down
  • Laundry: Washer Hookup
  • Laundry: Gas Dryer Hookup
  • Laundry: In Kitchen
  • Laundry: Electric Dryer Hookup
  • Free-Standing Range
  • Gas Range
Lot Information
  • Front Yard
  • Yard
  • Lawn
  • Garden
Property Features
  • Foundation: Slab
Heating and Cooling
  • Wall Furnace
  • Wall/Window Unit(s)
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water Connected, Sewer Connected, Electricity Connected, Water Source: Public, Overhead Utilities
  • Sewer: Public Sewer
Parking
  • Driveway
  • Garage
  • Garage Faces Front
  • Asphalt
  • Door-Single
Stories
  • 1

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 09, 2026
Price Changed
$1,580,000
3%
$51,112
Feb 21, 2026
Listed
$1,528,888
-
-
Additional Information: Westlake Village Regional | 818-522-4571
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.