81 Palmetto Drive

Alhambra Residential Income for sale

Built in 2021, this contemporary four-unit property in Alhambra features two buildings with townhome-style residences: two three-bedroom units and two two-bedroom units. Light-filled living and dining areas connect to open kitchens with quartz counters, modern cabinetry and stainless steel appliances. Bedrooms open to private balconies, and each residence includes in-unit laundry and direct access to a private two-car attached garage. Eight garage spaces and three guest parking spaces provide 11 spaces in total. Additional features include central heating and air conditioning, tankless water heaters, security systems and drought-tolerant landscaping with sprinklers. Each unit is individually metered for gas, water and electricity. All four units are currently occupied, and one unit can be delivered vacant upon close. Current monthly rents total $15,400, equivalent to $184,800 on an annualized basis. Conveniently located near Main Street shopping and dining, with access to Pasadena, Downtown Los Angeles and major freeways.

4,796 sq ft