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Sold for $1,000,000
    • Listed by: Remax Dream Properties • Rainbow Yuen • 626-757-3378
    Bought with: SOUTHLAND PROPERTIES
    $1,000,000

    1316 S Palm Ave, Alhambra, CA 91803

    3beds
    1,495sqft
    Single Family Residence
    Built in 1937
    6,636 Square Feet Lot
    $996,000 Zestimate®
    $669/sqft
    $3,563 Estimated rent

    Home value

    $996,000

    $896,000 - $1.11M

    $3,563/mo

    Zestimate® history
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    What's special

    IMMEDIATE INCOME UNIT with tenant in one unit. 2 HOMES IN 1 LOT with potential to expand. Nestled on a quiet, tree-lined street, this rare find is a single-story, single-family home with a brand new, fully permitted detached ADU, offering outstanding flexibility and versatility for multigenerational living or rental income--earn passive income right from your backyard! The move-in ready 2 bedrooms 1 bath front main house welcomes you with natural bright light and recently upgraded brand new flooring. Enjoy a beautifully landscaped front yard and a spacious backyard lined with mature fruit trees, including orange, peach, lemon, pineapple guava, loquat, pomegranate, fig, and nectarine. The 425 sq ft back ADU includes 1 bedroom, 1 bathroom, quartz countertop kitchen, rainfall shower, modern finishes, and its own private entrance, separate address, and individual electric and water meters. Current tenant in back unit paying $1,998 per month. Located in a highly rated school district, just minutes from Cal State LA, shopping, dining, parks, hospitals, and major freeways, this property combines comfort, convenience, and investment potential--a unique opportunity in the thriving city of Alhambra you won't want to miss!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rainbow Yuen DRE #02052726 626-757-3378,

    Remax Dream Properties

    Bought with:

    James Lim, DRE #02085915

    SOUTHLAND PROPERTIES

    Lucas Chavez, DRE #02085920

    SOUTHLAND PROPERTIES

    Source: CRMLS,MLS#: P1-23401MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Attic, Kitchen, Laundry, Living Room, Utility Room, Dining Room
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Quartz Counters, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Granite Counters, Quartz Counters, Self-closing Drawers, Tile Counters
    Heating
    • Central, Fireplace(s), Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Range, Double Oven, Electric Cooktop, Electric Oven, Freezer, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Phone System, Storage, Tile Counters, Attic, Utility Room
    • Flooring: Vinyl
    • Windows: Blinds, Double Pane Windows, Screens, Tinted Windows
    • Has fireplace: Yes
    • Fireplace features: Gas, Gas Starter, Living Room, Masonry, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,495 sqft

    Property

    Parking
    • Parking features: No Driveway, Permit Required, On Street
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, Grab Bars, Accessible Doors
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Rear Porch, Concrete, Covered, Front Porch, Patio
    • Exterior features: Awning(s), Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition,Block,Excellent Condition,New Condition,Partial,Privacy,Vinyl,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,636 Square Feet
    • Features: 2-5 Units/Acre, Back Yard, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Rectangular Lot, Sprinklers Timer, Sprinklers Manual, Sprinkler System
    Details
    • Additional structures: Guest House Detached, Shed(s), Storage
    • Parcel number: 5355002013
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Plaster, Stucco
    • Foundation: Concrete Perimeter, Raised
    • Roof: Shingle
    Condition
    • Turnkey
    • Year built: 1937

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Suburban, Sidewalks
    • Security: Security System, Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Smoke Detector(s), Security Lights, Window Bars
    Location
    • Region: Alhambra

    Financial & listing details

    • Price per square foot: $669/sqft
    • Tax assessed value: $1,024,000
    • Date on market: 7/24/2025
    • Cumulative days on market: 18 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Inclusions: washer, dryer, refrigerator
    • Exclusions: Staging furniture is not included in the sale of the property but available for sale.
    • Road surface type: Alley Paved, Paved

    Price history

    DateEventPrice
    9/23/2025Listing removed$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    9/13/2025Listed for rent$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    9/13/2025Pending sale$1,040,000+4%$696/sqft
    Source: CRMLS #P1-23401 Report a problem
    9/9/2025Sold$1,000,000-3.8%$669/sqft
    Source: CRMLS #P1-23401 Report a problem
    8/28/2025Contingent$1,040,000$696/sqft
    Source: CRMLS #P1-23401 Report a problem
    7/25/2025Listed for sale$1,040,000+62.5%$696/sqft
    Source: CRMLS #P1-23401 Report a problem
    2/19/2020Sold$640,000-1.5%$428/sqft
    Source: CRMLS #CV19282679 Report a problem
    1/24/2020Pending sale$649,500$434/sqft
    Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem
    1/15/2020Listed for sale$649,500$434/sqft
    Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem
    12/27/2019Pending sale$649,500$434/sqft
    Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem
    12/19/2019Listed for sale$649,500$434/sqft
    Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,024,000 +46.3%
    2025$8,776 +3%$699,931 +2%
    2024$8,522 +1.3%$686,208 +2%
    2023$8,413 +5.1%$672,753 +2%
    2022$8,005 +1.4%$659,562 +2%
    2021$7,892 +0.5%$646,630 +1%
    2020$7,851 $640,000 +715.5%
    2019$7,851 +535.2%$78,477 +2%
    2018$1,236 $76,940 +2%
    2017$1,236 +1.4%$75,432 +2%
    2016$1,219 +6.6%$73,954 +1.5%
    2015$1,144 +6.9%$72,844 +9.3%
    2014$1,070 $66,619 +2.5%
    2012-- $65,019 +2%
    2011-- $63,745 +0.8%
    2010-- $63,270 -0.2%
    2009-- $63,422 +2%
    2008-- $62,179 +2%
    2007-- $60,961 +2%
    2006-- $59,766
    2005-- $59,766 +4%
    2004-- $57,447 +1.9%
    2003-- $56,395 +2%
    2002-- $55,291 +4%
    2000-- $53,145
    Find assessor info on the county website

    Neighborhood: 91803

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Alhambra

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $996,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $996,000

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