Residential Income — 1300 S Primrose, Alhambra, CA

About this property

Discover an exceptional income-generating opportunity in one of Alhambra’s most convenient neighborhoods! This unique property features 3 separate legal single-family structures, each fully remodeled with permitted upgrades—offering privacy, modern comforts, and immediate cash flow.The Main Residence: 1300 S Primrose Ave, with 4 Rooms, 2 Bath & Private Garage. Brand-new, lovely interior renovation with bright, modern finishes. Upgraded roof and energy-efficient windows (installed in 2020). An owner-occupant looking for a spacious, move-in-ready home while neighboring units offset the mortgage! Unit #2: 2310 Front St, with 2 Rooms, 1 Bath & Private Garage and Unit #3: 2314 Front St with 3 Rooms, 1 Bath & Private Garage, BOTH Complete 2019 down-to-the-studs remodel with city permits. Unbeatable Investment Potential Live comfortably in the main residence while collecting monthly passive income from next two homes. This substantial income stream significantly reduces your monthly mortgage interest, property taxes, and living expenses—making high-end California homeownership remarkably affordable. Prime, Ultra-Convenient Location Save hours on your daily commute with access to top institutions and vibrant entertainment hubs; 5 Minutes: Premier shopping centers, movie theaters, main street and dining hotspots. 10 Minutes: Cal State LA, East Los Angeles College, USC Health Sciences Campus, and Keck Hospital of USC.20 Minutes: Downtown Los Angeles, Pasadena City College, and Old Town Pasadena. Whether you're a savvy homebuyer seeking an income helper or an investor eyeing a turnkey multi-structure compound, this gem offers unmatched value, high rental yields, and long-term appreciation potential!

Property details

Location

1300 S Primrose • Alhambra, CA 91803

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Listed by

CORA CHU · IRN REALTY

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