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Listed price in listed location currency (USD).
$1,088,000

432

MLS® WS26084963

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size 1790 sqft
Garage Yes
Taxes 
Days Active 14
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $607
MLS® Number WS26084963

Property Address: 318 Palmetto Dr, Alhambra, CA, 91801-4370

Average square foot calculated using Size range provided by listing agent.

Description

NEW UPDATE 5/4/26! Exceptional investment or house-hack opportunity in the heart of Alhambra, now delivered 100% VACANT! This versatile dual address corner lot property features a spacious 3-bedroom, 2-bathroom front home (318 Palmetto Dr) and a charming 1-bedroom, 1-bathroom detached rear home (808 S 4th St). With both units delivered completely empty, you can move in or capture 2026 market rents immediately with no relocation fees, no rent control buyout delays, and no inherited tenancies. Both residences have been well maintained by long term tenants. The property features two distinct identities with private street addresses and independent utility meters (Gas/Electric). Development Potential: The 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. Location & Lifestyle: Enjoy a Walk Score of 88, putting you just blocks from Downtown Alhambra's Main Street dining, coffee shops, and the Sunday Farmers Market. Everyday conveniences like Costco and Target are less than a mile away, and the property sits within the top-tier Martha Baldwin (K-8) and Alhambra High School boundaries. With effortless access to the 10 and 710 freeways, this is the ultimate clean slate for investors, developers, and owner occupants.
MLS® NumberWS26084963
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1923
Basement
DrivewayDriveway, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$1,088,000List Price

Home Appraisal

This property is estimated to sell between: $1,088,000 and $1,160,000.
Similar properties in this area sold on average for: $1,135,600
Expected to sell in 14 days. Similar properties sold in 28 days. This home has been on eXp Realty for 14 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
318 Palmetto Dr, Alhambra, CA

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