VACANT MAY 1ST | 3BR FRONT HOME DELIVERED EMPTY. Rare opportunity for an owner-user or savvy “house-hacker” to move in immediately! This versatile corner-lot duplex is perfectly situated close to the heart of Downtown Alhambra, offering premier access to the city’s vibrant dining, entertainment, and shopping district.
The property features two distinct identities with private street addresses and independent utility meters (Gas/Electric): 318 Palmetto Dr (3BR/2BA – Vacant 5/1) and 808 S 4th St (1BR/1BA – MTM). Both residences have been well-maintained, featuring clean kitchens, updated countertops, and solid flooring throughout.
DEVELOPMENT POTENTIAL: Property carries the prestigious ALRPD* (Residential Planned Development) designation, supporting high-density upside. The detached 2-car garage is a premier candidate for a 2026-compliant ADU conversion, offering a clear path to a high-yield 3-unit compound.
Whether you choose to live in the spacious front home while collecting rent from the rear, or hold as a pure high-density investment, the value is undeniable. Sold “As-Is”. Buyer to independently verify all zoning, permits, and development potential with the City of Alhambra. Please do not disturb tenants; showings reserved for pre-qualified buyers. Note: Hero image has been digitally enhanced for twilight lighting per AB 723; original daylight photo follows in media sequence.
AGENT: CHUONG THAI LISTING BROKERAGE: eXp Realty of California IncThe property features two distinct identities with private street addresses and independent utility meters (Gas/Electric): 318 Palmetto Dr (3BR/2BA – Vacant 5/1) and 808 S 4th St (1BR/1BA – MTM). Both residences have been well-maintained, featuring clean kitchens, updated countertops, and solid flooring throughout.
DEVELOPMENT POTENTIAL: Property carries the prestigious ALRPD* (Residential Planned Development) designation, supporting high-density upside. The detached 2-car garage is a premier candidate for a 2026-compliant ADU conversion, offering a clear path to a high-yield 3-unit compound.
Whether you choose to live in the spacious front home while collecting rent from the rear, or hold as a pure high-density investment, the value is undeniable. Sold “As-Is”. Buyer to independently verify all zoning, permits, and development potential with the City of Alhambra. Please do not disturb tenants; showings reserved for pre-qualified buyers. Note: Hero image has been digitally enhanced for twilight lighting per AB 723; original daylight photo follows in media sequence.
Courtesy of eXp Realty of California Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 318 Palmetto
Alhambra, CA
Property Details
Price:
$1,088,000
MLS #:
WS26084963
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Duplex
Neighborhood:
601alhambra
Listed Date:
Apr 21, 2026
Finished Sq Ft:
1,790
Lot Size:
6,242 sqft / 0.14 acres (approx)
Year Built:
1923
See this Listing
Schools
School District:
Alhambra
Elementary School:
Baldwin
High School:
Alhambra
Interior
Appliances
GR
Bathrooms
2 Full Bathrooms, 1 Three Quarter Bathroom
Cooling
WW
Laundry Features
IN
Levels
A
Main Level Bathrooms
3
Main Level Bedrooms
4
Exterior
Common Walls
_1CW
Community Features
SDW, CRB
Fencing
WI
Garage Spaces
2
Parking Spots
2
Parking Total
2
View
NO
Financial
Map
Community
- Address318 Palmetto Alhambra CA
- CityAlhambra
- CountyLos Angeles
- Zip Code91801
