101 S Olive Avenue, Alhambra, CA 91801

About this property

RIA and Compass are pleased to offer for sale a rare multi-family property featuring bungalow-style units on a large 15,020 SF lot, located on a quiet residential street. Featuring spacious, standalone home type units that are all 2Bed+1bath on a large lot yielding the future potential for a redevelopment. At the rear are seven enclosed garages and open parking that accommodate five vehicles. Great upside and excellent desirability amongst other apartment units. Situated in a sought-after Alhambra location near shopping, dining, transit, and major employment centers, the property benefits from consistent rental demand and strong market fundamentals. There are no city specific rent control laws and benefits from falling under California AB1482 rent guidelines/limitations. This is a rare opportunity to acquire unique rental units on a very large lot in one of the San Gabriel Valley's most reliable rental markets. Email for OM package or call with specific questions. PLEASE DO NOT DISTURB ANY TENANTS.

Listing description from the March 2026 sale, as reported to CRMLS.

Sale history

$2,150,000

Sold March 2026 · listed $2,100,000, on market February 2026 · MLS #26648991 · Source: CRMLS

Listing Agent: Alexander Metaxas · Listing Office: Realty Investment Advisors, Inc. · Bought with: ANDY AN DUC HUYNH · Pinnacle Real Estate Group

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