513 N Palm, Alhambra, CA 91801
513 N Palm, Alhambra, CA 91801
513 N Palm, Alhambra, CA 91801
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Elizabeth Kho, DRE #00970729 • Joy Realty Group Inc.
$2,280,000
Est. payment /mo
0.35 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPF26184187

Lot Size 0.347 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

"Rare" triplex opportunity in a prime, highly desirable North Alhambra location directly across from the beautiful Alhambra Park, which features pristine tennis courts, a public swimming pool, and fantastic community recreation activities. Spanning an impressive, level 15,000 square foot parcel with 100 feet of wide street frontage, this property is a builder's dream. A conceptual 7-unit townhome project is currently under works, offering excellent potential for future development or a rewarding long-term investment. The current owner-developer has been busy on much larger projects, allowing a startup investor the chance to take over this asset along with extensive planning materials, unit configurations, and optimized bedroom layouts crafted specifically to maximize the buildable footprint. While you finalize your building goals, secure permits, or hold for appreciation, you can enjoy immediate, reliable cash flow from the existing rentable multiple residential units. The current mix consists of three bright 2-bedroom, 1-bathroom homes strategically configured as front, side, and top units, along with a shared laundry area for daily tenant convenience. The oversized lot also boasts an expansive backyard perfect for outdoor relaxation, a detached garage, a functional workshop, a

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning PRK

Exterior

Utilities Available Electricity - On Site

View Greenbelt

Building

Water District - Public

Others

Tax ID 5339015015

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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