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308 S Almansor Street, Alhambra, California 91801, Alhambra, 91801 - bed, bath

308 S Almansor Street, Alhambra, California 91801 home-pic-0
ACTIVE$1,588,000
308 S Almansor Street, Alhambra, California 91801
0Bed
0Bath
2,430Sqft
7,503Lot
Year Built
1923
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$653
HOA
-
Days on market
-
Sold On
-
MLS number
PW25241568
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.59M(83th), sqft - 2430(83th), beds - undefined(50th), baths - undefined(50th).

Centrally located in north Alhambra this single level property is a great opportunity to own an upgrade 4 unit rental property very close to Pasadena. There are two One-bedroom units with one bathroom that was completely remodeled in 2023. There is a separate one Two-bedroom unit with one bathroom, and this unit has new flooring from 2023. The final ADU unit was completed this year with permits. All of the units have individual laundry hook-ups except for the ADU unit. 4 sperate electric meters, 3 gas meter, and one water meter that the owner pays. All upgrades on all units other than the ADU unit is done by the license contractor without permits. The ADU unit was converted with permits and it is available for an owner to occupy or rent out at the market rent. The LA is part owner of the property and related to the seller. Listing agent and seller do not represent or guarantee all MLS data. It is buyer's agent and buyer's sole responsibility to perform all investigations including and not limited to permits, square footage, lot size or dimensions, zoning, schools HOA (CC&R) and parking limitations. It is the buyer and buyer's agent to do their due diligence. Please DO NOT disturb the tenants. Drive by only!

Nearby schools

6/10
Dewey Avenue Elementary School
Public,•K-6•1.9mi
9/10
Marengo Elementary School
Public,•K-5•1.9mi
7/10
Emerson (Ralph Waldo) Elementary School
Public,•K-6•2.1mi
8/10
Monterey Hills Elementary School
Public,•K-5•2.7mi
3/10
Cesar Chavez Elementary School
Public,•K-6•2.9mi
5/10
Sierra Park Elementary School
Public,•K-6•3.1mi
6/10
City Terrace Elementary School
Public,•K-5•4.0mi
5/10
Granada Elementary School
Public,•K-8•0.4mi
8/10
Martha Baldwin Elementary School
Public,•K-8•0.9mi
5/10
William Northrup Elementary School
Public,•K-8•0.9mi
7/10
Garfield Elementary School
Public,•K-8•0.9mi
7/10
Park Elementary School
Public,•K-8•1.4mi
7/10
Ramona Elementary School
Public,•K-8•1.4mi
6/10
Marguerita Elementary School
Public,•K-8•1.7mi
9/10
South Pasadena Middle School
Public,•6-8•2.0mi
6/10
Emery Park Elementary School
Public,•K-8•2.1mi
7/10
Ynez Elementary School
Public,•K-8•2.3mi
6/10
Jefferson Middle School
Public,•6-8•2.4mi
4/10
Fremont Elementary School
Public,•K-8•2.5mi
6/10
Garvey (Richard) Intermediate School
Public,•7-8•2.5mi
8/10
Monterey Highlands Elementary School
Public,•K-8•3.4mi
5/10
El Sereno Middle School
Public,•6-8•3.6mi
8/10
San Gabriel High School
Public,•9-12•0.6mi
7/10
Alhambra High School
Public,•9-12•0.6mi
3/10
Del Mar High School
Public,•10-12•1.1mi
9/10
Mark Keppel High School
Public,•9-12•1.7mi
8/10
Gabrielino High School
Public,•9-12•1.8mi
9/10
South Pasadena Senior High School
Public,•9-12•2.2mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•4.2mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•5.1mi

Price History

Date
Event
Price
10/17/25
Listing
$1,588,000
Condition Rating
Poor
While the images show recently remodeled kitchens and bathrooms with modern finishes (white cabinets, stainless steel appliances, glass shower enclosures), the property was built in 1923, and critically, the listing explicitly states that 'All upgrades on all units other than the ADU unit is done by the license contractor without permits.' Unpermitted work, even if done by a licensed contractor, represents a significant defect affecting the legal soundness and potential safety of the property. This major liability would require substantial effort and cost to rectify, pushing the overall condition into the 'poor' category despite the cosmetic updates.
Pros & Cons

Pros

Income Potential: This property offers significant income generation with four distinct rental units, including a recently completed and permitted ADU, appealing to investors.
Recent Renovations: Three of the four units have undergone recent upgrades in 2023, including complete remodels for two 1-bedroom units and new flooring for a 2-bedroom unit, enhancing tenant appeal.
Prime Location: Centrally located in North Alhambra, the property offers excellent proximity to Pasadena and other desirable amenities, increasing its rental demand and value.
Separate Utilities: The property features four separate electric meters and three gas meters, allowing for individual tenant billing and efficient owner cost management.
Access to Highly-Rated Schools: The property is situated near several highly-rated public schools, including South Pasadena Senior High (rating 9) and Mark Keppel High (rating 9), which is attractive to families.

Cons

Unpermitted Work: Upgrades on three of the four units were completed by a licensed contractor but without permits, which could lead to legal complications, inspection issues, or challenges during resale.
Discrepancy in Unit Count/Type: The MLS lists the property as a 'Triplex,' but the description details a '4 unit rental property' including an ADU, requiring buyer verification for accurate property classification and zoning compliance.
Conflict of Interest & Due Diligence Warning: The listing agent's part-ownership and relation to the seller, coupled with a strong disclaimer emphasizing the buyer's sole responsibility for all investigations, suggests potential for undisclosed issues and necessitates thorough due diligence.

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