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318 PalmettoAlhambra, CA 91801

For Sale

$1,088,000

Smart Buyer Rebate $10,880

VACANT MAY 1ST | 3BR FRONT HOME DELIVERED EMPTY. Rare opportunity for an owner-user or savvy "house-hacker" to move in immediately! This versatile corner-lot duplex is perfectly situated close to the heart of Downtown Alhambra, offering premier access to the city's vibrant dining, entertainment, and shopping district.
The property features two distinct identities with private street addresses and independent utility meters (Gas/Electric): 318 Palmetto Dr (3BR/2BA - Vacant 5/1) and 808 S 4th St (1BR/1BA - MTM). Both residences have been well-maintained, featuring clean kitchens, updated countertops, and solid flooring throughout.
DEVELOPMENT POTENTIAL: Property carries the prestigious ALRPD* (Residential Planned Development) designation, supporting high-density upside. The detached 2-car garage is a premier candidate for a 2026-compliant ADU conversion, offering a clear path to a high-yield 3-unit compound.
Whether you choose to live in the spacious front home while collecting rent from the rear, or hold as a pure high-density investment, the value is undeniable. Sold “As-Is”. Buyer to independently verify all zoning, permits, and development potential with the City of Alhambra. Please do not disturb tenants; showings reserved for pre-qualified buyers. Note: Hero image has been digitally enhanced for twilight lighting per AB 723; original daylight photo follows in media sequence.

Listed by CHUONG THAI

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License #02134406

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eXp Realty of California Inc

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323-309-3423

Last updated April 21, 2026

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Source: CRMLS #WS26084963

Listing Facts

  • TypeMulti-family
  • NeighborhoodAlhambra Acres
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu11
  • Size1,790 sqft
  • Price per sqft$608

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/20/2026
Listed by eXp Realty of California Inc
$1,088,000

Property Details for 318 Palmetto

Association

Amenities

  • Community Features: Curbs, Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Year Built: 1923
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Ground

Features

  • Fencing: Wrought Iron

Measurements

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,242
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,242
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5347005008

Interior

Features

  • Appliances: Gas Range
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Interior Features: All Bedrooms Down

Measurements

  • Living Area: 1,790
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4

Other

Location

  • Tax Lot: 221

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Baldwin

High School

  • High School: Alhambra
  • High School District: Alhambra

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 2 bathrooms in this multi-family home at 318 Palmetto.

What schools are nearby to 318 Palmetto?

Nearby schools include the Baldwin Elementary School and Alhambra High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 318 Palmetto.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,790 sqft.

318 Palmetto is a 4-bedroom, 2-bath multi-family home for sale in Alhambra CA 91801. Listed on Prevu for 11 days at $1,088,000. This residence features 1,790 square feet of living space, located in Alhambra. The median listing price for multi-family homes in this area is $646,500. Nearby schools include Baldwin Elementary School and Alhambra High School. Additional amenities include parking. Explore more multi-family home listings in Alhambra.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.