Movoto Real Estate
Sold on 02/24/2026
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101 S Olive Ave, Alhambra, CA 91801

  • $2,150,000

    Last sold 02/24/2026 after 16 Days

  • 14

    bed

  • 7

    bath

  • 5,416

    Sqft ($397/Sqft)

Multi-family not for sale
Movoto is helping 12 homebuyers near you

About 101 S Olive Ave

Property type Multi-family
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 0.34 Acre
Property description
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.
Listed by
Listing Agent - Alexander Metaxas
Listing Office - Realty Investment Advisors, Inc.
Source: The MLS mls logo
MLS#26648991 • last updated 5 months ago
Movoto checked The MLS for data 6 minutes ago
Overview
Levels/Style One
MLS # 26648991
Type Residential Income
Status Sold
SqFt 5416
Lot Size (SqFt) 15020
Lot Size (Acres) 0.3442
Year Built 1941
Interior
Total # of Baths 7
Total # of Bedrooms 14
Exterior
# Parking Spaces 7
Parking Desc Garage Is Detached, Other
Add'l Structures Other
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning ALRPD*
APN 5343-020-001
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 13965
Unit 1: # Beds 2
Unit 1: Rent 12299
Unit 1: # Baths 1
Unit Type 2106
Unit 1: Actual Rent 12299
Total # Of Buildings 7
Net Operating Income 85831
Gross Income 147588
Gross Operating Income 143160
Gross Rent Multiplier 14.23
Total Annual Expenses 57329
We are not permitted to show value estimates for this property.
  • Mar 2026
    Public Records
  • Mar 9, 2026 Sold
    $2,150,000
  • Mar 2026
    mls logo MLS # 26648991
  • Mar 2, 2026 Sold
    $2,150,000 (+2.4%)
  • Feb 24, 2026 Pending
  • Feb 7, 2026 Listed
    $2,100,000
  • 101 S Olive Ave
    $2.15M
  • Valencia Terrace
    $635K -57% y/y
  • 91801
    $750K -13% y/y
  • Alhambra
    $786K -11% y/y
No chart available
Statistics calculated by Movoto

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8/10
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Alhambra
  • 91801
  • Valencia Terrace
  • 101 S Olive Ave
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