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Off market
  • $1,177,400

    816 S Olive Ave, Alhambra, CA 91803

    6beds
    0baths
    2,611sqft
    Triplex
    Built in 1958
    -- sqft lot
    $1,177,400 Zestimate®
    $451/sqft
    $2,824 Estimated rent

    Home value

    $1,177,400

    $1.11M - $1.26M

    $2,824/mo

    Zestimate® history
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    Owner options

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    $2,824/mo

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    $2,824/mo

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    $8,326/mo

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    $8,326/mo

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    What's special

    Excellent opportunity as an investment OR as an owner with income from the other units or as a multi-generational, family complex! First time on the market since 1971, this triplex is located on a street of mostly single-family homes. Each unit offers 2 bedrooms, 1 bathroom with 850 square feet and each has 1 parking space in the garage. There is a separate laundry room where the tenants own their own washing machines. The property is conveniently located near Cal State LA, neighborhood restaurants, Starbucks, entertainment, shopping including Home Depot, Target and Costco and is also near public transportation and Alhambra City Park. It's just minutes away from the 10 Freeway for convenient access to the 710 and 5 Freeways offering an easy commute to downtown LA and to Pasadena. All tenants are long term, and each is month-to-month. There are three electric and gas meters and one water meter. Downstairs unit is currently vacant and was just painted, floors refinished & a new front window. The market rent is likely $2,300 for the lower unit. The rent for the two upper units will be increased to $1,633 beginning Sept 1, 2023. Kindly do not disturb the tenants. Don't miss this great opportunity!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Appliances
    • Laundry: Individual Room
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 2,611 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Fencing: Block, Chain Link
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 5350020027
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex
    Condition
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $325 monthly
    Location
    • Region: Alhambra

    Financial & listing details

    • Price per square foot: $451/sqft
    • Tax assessed value: $1,144,440

    Price history

    DateEventPrice
    5/6/2026Listing removed$1,148,000+4.4%$440/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #CRP1-10841 Report a problem
    8/15/2023Sold$1,100,000-4.2%$421/sqft
    Source: Public Record Report a problem
    7/18/2023Listed for sale$1,148,000$440/sqft
    Source: BHHS broker feed #P1-10841 Report a problem
    7/17/2023Contingent$1,148,000$440/sqft
    Source: Pasadena Foothills MLS #P1-10841 Report a problem
    4/21/2023Price change$1,148,000-4.2%$440/sqft
    Source: Pasadena Foothills MLS #P1-10841 Report a problem
    4/17/2023Listed for sale$1,198,000$459/sqft
    Source: Pasadena Foothills MLS #P1-10841 Report a problem
    3/16/2023Contingent$1,198,000$459/sqft
    Source: Pasadena Foothills MLS #P1-10841 Report a problem
    11/9/2022Price change$1,198,000-1.6%$459/sqft
    Source: Pasadena Foothills MLS #P1-10841 Report a problem
    9/30/2022Price change$1,218,000-2.6%$466/sqft
    Source: Pasadena Foothills MLS #P1-10841 Report a problem
    8/10/2022Listed for sale$1,250,000$479/sqft
    Source: CRMLS #P1-10841 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,144,440 +2%
    2025$14,289 +3%$1,122,000 +2%
    2024$13,871 +617.7%$1,100,000 +1290.4%
    2023$1,933 +2.8%$79,116 +2%
    2022$1,880 +1.6%$77,566 +2%
    2021$1,851 +0.4%$76,046 +1%
    2020$1,844 $75,268 +2%
    2019$1,844 +6.5%$73,793 +2%
    2018$1,732 $72,347 +2%
    2017$1,732 +1%$70,929 +2%
    2016$1,714 +6.3%$69,539 +1.5%
    2015$1,612 +0.8%$68,496 +2%
    2014$1,600 $67,155 +2.5%
    2012-- $65,543 +2%
    2011-- $64,259 +0.8%
    2010-- $63,780 -0.2%
    2009-- $63,933 +2%
    2008-- $62,680 +2%
    2007-- $61,452 +2%
    2006-- $60,248
    2005-- $60,248 +4%
    2004-- $57,911 +1.9%
    2003-- $56,851 +2%
    2002-- $55,737 +4%
    2000-- $53,574
    Find assessor info on the county website

    Neighborhood: 91803

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,177,400
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    Estimated market value
    $1,177,400