805 S Olive Avenue, Alhambra, CA 91803
Fourplex
Sold April 2026
Listing Agent: Vanessa McCoy (DRE #01986841) · Listing Office: Coldwell Banker Realty · Contact: 818-522-4571 · Bought with: HO PHAM · Phamily Management & Realty · MLS #SR26041884 · Source: CRMLS
How this sale compares
805 S Olive Avenue sold for $1,510,000 in April 2026, 4.4% under its $1,580,000 list price. It was first listed at $1,528,888. Across 57 closed sales in 91803 over the last 12 months, the median sold price is $1,000,000 and the median is $640 per square foot.
| Quarter | Closed sales in 91803 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $1,168,000 |
| Q2 2026 | 27 | $935,000 |
| Q3 2026 | 20 | $940,000 |
| Q4 2026 | 5 | $1,030,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Alhambra · Homes for sale in 91803
Description
One property on two parcels! 805 & 807 S Olive Ave. **Rare 4-Unit Opportunity*** perfect for Multigenerational Living, Owner Occupancy or Investment in a Prime Alhambra Location! Currently, Alhambra has no additional rent control other CA State AB1482 guidelines. Exceptional opportunity to acquire two adjacent duplex parcels totaling four residential units in a desirable Alhambra neighborhood. Each unit offers a 2-bedroom, 1-bathroom layout with a highly sought-after single-story, ground-level design — ideal for broad appeal. Each unit features just under 700 square feet of living space with large kitchens and washer/dryer hookups in unit, and include small side/rear yards. Parking is a standout amenity with four detached single-car garages plus four additional off-street spaces — an uncommon benefit for small multifamily properties in this area. Live in one unit while generating rental income from the others. The low-density layout provides privacy and flexibility and offers substantial upside potential through thoughtful interior updates. Possible potential to convert garages to ADUs [Buyer to verify]. This property has been in the same family for decades and they have kept up with regularly scheduled maintenance and replaced the roof in 2025 and upgraded the sewer line. Located near shopping, dining, schools, and major commuter corridors, this property benefits from strong ongoing demand in the San Gabriel Valley for both rental housing and owner-user multifamily opportunities. Properties offering this combination of flexibility, income potential, and long-term appreciation are increasingly limited in Alhambra. Don't wait!
Listing description from the April 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 805 S Olive Avenue
918 Edith: Sold $810,000 · 2 bd · 1 ba · 944 sqft · May 2026 · 0.1 mi
TREC HOMES INC. | DRE #01729047
Buyer's agent: Gianina Moyano, Estate Properties | DRE #02087402917 Edith: Sold $2,615,000 · Jan 2026 · 0.1 mi
KALEO REAL ESTATE COMPANY | DRE #01768476
Buyer's agent: WESLEY LAM, WESLEY LAM | DRE #01364733611 S Marguerita Ave: Sold $715,000 · 2 bd · 1 ba · 1,474 sqft · Jun 2026 · 0.3 mi
RE/MAX ELITE REALTY | DRE #02080444
Buyer's agent: YANHUA LIU, RE/MAX ELITE REALTY | DRE #02080444321 S Electric Avenue: Sold $1,030,000 · 3 bd · 2 ba · 1,400 sqft · Jul 2026 · 0.3 mi
Coldwell Banker Residential Br | DRE #01985094
Buyer's agent: Lirong Zhu, Real Brokerage Technologies, Inc | DRE #020020691024 S Marengo Avenue 6: Sold $616,000 · 3 bd · 3 ba · 1,220 sqft · Apr 2026 · 0.4 mi
RE/MAX CHAMPIONS | DRE #02011752
Buyer's agent: EMI TERAUCHI, CAL BEST REALTY | DRE #008102381505 S Atlantic E: Sold $720,000 · 2 bd · 3 ba · 1,712 sqft · Jan 2026 · 0.5 mi
Wetrust Realty | DRE #01415929
Buyer's agent: LIAN LIU, Real Brokerage Technologies | DRE #018725351814 W Commonwealth Avenue: Sold $1,000,000 · 3 bd · 1 ba · 1,320 sqft · Jul 2026 · 0.5 mi
T&S Brokers, Inc. | DRE #01944094
Buyer's agent: Henry Chiu, One Realty Inc. | DRE #021296741305 S Ethel: Sold $880,000 · Aug 2026 · 0.6 mi
Action Star Realty, Inc. | DRE #01338127
Buyer's agent: INTO CHAMPON, INVESTMENT VILLAGE, INC. | DRE #00715864
Closed sales reported in 91803, nearest first, last 12 months. All recent sales in Alhambra →