Vacant land lot available at 204 Palatine Dr, Alhambra, CA 91801, featuring a 7,035 sq. ft. hillside lot zoned ALR1YY with secondary access. This prime property includes approved building plans for a two-story, three-level hillside residence with 2,289 sq. ft. of living space, a 441 sq. ft. garage, a 2-car garage, and a 3-car carport, totaling 5 parking spaces. The proposed home design includes 2 bedrooms, 4 bathrooms, 1 den, 1 office, and 1 mezzanine room, offering spacious and versatile living areas with breathtaking scenic views of the surrounding city and mountains. Ideal for developers, investors, or families seeking a luxury home in a desirable Alhambra neighborhood, this property is close to Alhambra High School and Emery Park Elementary School, as well as local parks, shopping, and dining in the vibrant San Gabriel Valley region. Conveniently located near major freeways (10 and 710), it provides easy commuting access. Priced at $735,000, this turnkey development opportunity is priced to attract buyers looking for a premium hillside lifestyle.
"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 separate storage room, and additional carport parking. Ideally located near the sought-after North Alhambra neighborhoods, just south of Alhambra Road and mere minutes from South Pasadena, this property seamlessly combines a prime foothill location with undeniable upside potential. This sale comes packed with all the previous hard work and layouts, letting the next owner hit the ground running.
Alhambra is located in California. Alhambra, California has a population of 83,174. Alhambra is less family-centric than the surrounding county with 27.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Alhambra, California is $73,035. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Alhambra is 41.2 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 46.7 degrees. The average rainfall is approximately 15.9 inches per year, with 0 inches of snow per year.
