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!
Sold for $1,000,000
Listing Provided by: Remax Dream Properties
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
$1,003,000 Zestimate®
$669/sqft
$3,716 Estimated rent
Home value
$1,003,000
$913,000 - $1.10M
$3,716/mo
Zestimate® history
Owner options
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$3,716/mo
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$3,716/mo
Rent Zestimate®
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$6,342/mo
Est. payment
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$6,342/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided 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#: P1-23401
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating 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
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 sqft
- 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 & neighborhood
Security
- Security features: Security System, Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Smoke Detector(s), Security Lights, Window Bars
Community
- Community features: Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: Alhambra
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Listing removed | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2025 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2025 | Pending sale | $1,040,000+4%$696/sqft |
Source:  CRMLS #P1-23401 Report a problem | ||
| 9/9/2025 | Sold | $1,000,000-3.8%$669/sqft |
Source: CRMLS #P1-23401 Report a problem | ||
| 8/28/2025 | Contingent | $1,040,000$696/sqft |
Source: CRMLS #P1-23401 Report a problem | ||
| 7/25/2025 | Listed for sale | $1,040,000+62.5%$696/sqft |
Source: CRMLS #P1-23401 Report a problem | ||
| 2/19/2020 | Sold | $640,000-1.5%$428/sqft |
Source:  CRMLS #CV19282679 Report a problem | ||
| 1/24/2020 | Pending sale | $649,500$434/sqft |
Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem | ||
| 1/15/2020 | Listed for sale | $649,500$434/sqft |
Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem | ||
| 12/27/2019 | Pending sale | $649,500$434/sqft |
Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem | ||
| 12/19/2019 | Listed for sale | $649,500$434/sqft |
Source: RYAN OTTOSEN, BROKER #CV19282679 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 schools
GreatSchools rating
- 8/10Marguerita Elementary SchoolGrades: K-8Distance: 0.5 mi
- 8/10Alhambra High SchoolGrades: 9-12Distance: 1.4 mi
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
$1,003,000
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Estimated market value
$1,003,000
- California
- Los Angeles County
- Alhambra
- 91803
- 1316 S Palm Ave
Nearby cities
Nearby zip codes
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