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Sold for $1,180,000
  • Listed by: Goodwell Investment Corp • Chan Shyong • Contact: 626-374-8998
    Bought with: Wetrust Realty
    $1,180,000

    224 N Olive Ave, Alhambra, CA 91801

    3beds
    2baths
    1,734sqft
    Duplex
    Built in 1939
    -- sqft lot
    $1,179,900 Zestimate®
    $681/sqft
    $2,486 Estimated rent

    Home value

    $1,179,900

    $1.07M - $1.30M

    $2,486/mo

    Zestimate® history
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    What's special

    Excellent investment opportunity. Great location with nice environment near down town Alhambra. Spanish style 2 unit duplex on the 8911 square foot lot, which is at residential high density zone that allow you to build 6 units (4 main units plus 2 ADUs) on the lot, and the property owner has the plan design by the architect, which can be provided to the buyers. Please do your own diligence. You can apply for the building permits while still collecting rent from the existing tenants. Don't miss this great investment opportunity. No contingency on Seller's 1031 exchange.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chan Shyong DRE #01876663 626-374-8998,

    Goodwell Investment Corp

    Bought with:

    Gang Lan, DRE #02188358

    Wetrust Realty

    Source: CRMLS,MLS#: AR26145987MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,734
    • Total interior livable area: 1,734 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Entry location: ground
    • Pool features: None
    Lot
    • Size: 8,911 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5338023011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Suburban
    Location
    • Region: Alhambra

    Financial & listing details

    • Price per square foot: $681/sqft
    • Tax assessed value: $694,334
    • Date on market: 7/6/2026
    • Cumulative days on market: 18 days
    • Listing terms: 1031 Exchange

    Price history

    DateEventPrice
    8/26/2026Sold$1,180,000$681/sqft
    Source: CRMLS #AR26145987 Report a problem
    7/25/2026Contingent$1,180,000$681/sqft
    Source: CRMLS #AR26145987 Report a problem
    7/6/2026Listed for sale$1,180,000+113.4%$681/sqft
    Source: CRMLS #AR26145987 Report a problem
    8/31/2012Sold$553,000-2.6%$319/sqft
    Source: Public Record Report a problem
    4/24/2012Listed for sale$568,000$328/sqft
    Source: RE/MAX Premier Properties #W12051599 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $694,334 +2%
    2025$8,739 +2.8%$680,721 +2%
    2024$8,498 +0.9%$667,374 +2%
    2023$8,423 +5%$654,289 +2%
    2022$8,026 +1.1%$641,461 +2%
    2021$7,942 +0.5%$628,885 +1%
    2020$7,901 $622,438 +2%
    2019$7,901 +3.6%$610,235 +2%
    2018$7,630 $598,270 +2%
    2017$7,630 +1.4%$586,540 +2%
    2016$7,524 +7.2%$575,040 +1.5%
    2015$7,020 +2.7%$566,403 +2%
    2014$6,833 $555,309 +28.5%
    2012-- $432,084 +2%
    2011-- $423,613 +0.5%
    2009-- $421,447 +6.1%
    2006-- $397,142
    2005-- $397,142 +23.7%
    2003-- $321,000 +18%
    2002-- $272,000
    Find assessor info on the county website

    Neighborhood: 91801

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,179,900
    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
    $1,179,900