101 S Olive Ave, Alhambra, CA 91801

$2,150,000
14
BD
7
BA
5,416
SqFt

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Sold Price
$2,150,000
List Price
$2,100,000
Closing Date
Mar 02, 2026
MLS#
26648991
Year Built
1941
Bedrooms
14
Bathrooms
7
Living Sq. Ft
5,416
Lot Size
15,020
Days on Market
17
Property Type
Multifamily

Property Description

RIA and Compass are pleased to offer for sale a rare multi-family property featuring bungalow-style units on a large 15,020 SF lot, located on a quiet residential street. Featuring spacious, standalone home type units that are all 2Bed+1bath on a large lot yielding the future potential for a redevelopment. At the rear are seven enclosed garages and open parking that accommodate five vehicles. Great upside and excellent desirability amongst other apartment units. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. This is a rare opportunity to acquire unique rental units on a very large lot in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

Additional Information

Other Buildings
Other
Heat
Other
Cooling
Other
Number of Cars in Garage
Garage Is Detached, Other

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Courtesy of Realty Investment Advisors, Inc., Alexander Metaxas - CA DRE#01784652 Selling Office: .

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