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.
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.
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
Subdivisions in Alhambra
Market Summary
Current real estate data for Single Family in Alhambra as of May 03, 2026
239
Single Family Listed
56
Avg DOM
280
Avg $ / SqFt
$720,892
Avg List Price
Property Summary
- 318 Palmetto Alhambra CA is a Single Family for sale in Alhambra, CA, 91801. It is listed for $1,088,000 and features 4 beds, 3 baths, and has approximately 1,790 square feet of living space, and was originally constructed in 1923. The current price per square foot is $608. The average price per square foot for Single Family listings in Alhambra is $280. The average listing price for Single Family in Alhambra is $720,892.
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318 Palmetto
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