312 N Primrose Ave Alhambra, CA 91801
Estimated payment $9,448/month
Highlights
- Property is near public transit
- No HOA
- Laundry Room
- Park Elementary School Rated A-
- Cooling System Mounted To A Wall/Window
- Bungalow
About This Home
Single-story Fourplex in north Alhambra, adjacent to South Pasadena and San Marino. 1 Front unit (no. 312) can be delivered vacant for owner-user. Overparked building w/ 7 spaces (5 open + 2 garage). Most units have been upgraded (full and partial). Easy to Rent and Manage.
Highly Desirable SINGLE-STORY BUNGALOW style fourplex (NO leaking from upstairs unit issue!) located in the best location of Alhambra. Separately metered for everything except water. It is situated on a quiet residential street in north Alhambra, and adjacent to both San Marino and South Pasadena; yet it provides convenience to tenants due to its strategic location just within minutes to many area amenities like shopping (Costco, Target), Alhambra Park, schools, churches, downtown Alhambra on Main Street, and easy access to FWY 10 and FWY 110 via Fremont Ave. This offering provides investor with opportunity to buy an easy to manage and rent apartment investments in the best location of Alhambra. The property has undergone many capital improvements, most recent ones are new roof for back duplex (October 2023), new drought tolerant landscaping (front lawn) and new exterior paint (back duplex + garage).
The building consists of two duplexes. The front duplex consists of two x 1bedroom+1bathroom bungalow style units. Each unit comes with in-unit laundry machines (seller provided). One of the front units (#312 – Will be delivered vacant) has been partially upgraded with luxury vinyl wood flooring, quartz kitchen countertops, new kitchen, recessed lightings, and new laundry machines (come with the property). The other front unit (#314) has been fully upgraded with new kitchen, new flooring, new stainless-steel appliances, in-unit laundry machines, new A/C, new windows, etc.
The back duplex consists of one x 1bedroom+1bathroom, and one x studio. Both back units have been completely upgraded with new flooring, new kitchen (cabinets and quartz countertops), recessed lightings, and mini split A/C and heating units. These back 2 units do not have any laundry hookups and there is no laundry facility in the building (new owner can create laundry facility in one of the storage spaces).
The property has a detached garage which provides 2 parking spaces and 2 storage spaces. There are 4 additional striped parking spaces in front of the garage. The building is separately metered for electricity and gas.
Listing Agent
Growth Investment Group Pasade Brokerage Email: han.chen@growthinvestmentgroup.com License #01749321 Listed on: 10/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,485
Year Built
- Built in 1923 | Remodeled
Lot Details
- 8,231 Sq Ft Lot
- 1 Common Wall
- West Facing Home
- Rectangular Lot
- Level Lot
Parking
- 5 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Two Garage Doors
- Assigned Parking
Home Design
- Bungalow
- Quadruplex
- Entry on the 1st floor
- Asphalt Roof
Kitchen
- Gas Range
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Additional Features
- 1-Story Property
- Outdoor Storage
- Property is near public transit
Listing and Financial Details
- Tax Lot 166
- Assessor Parcel Number 5339014004
- $1,298 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
- Valley
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $997
- Water Sewer Expense $1,496
- New Taxes Expense $18,414
- Operating Expense $23,833
- Gross Income $99,120
- Net Operating Income $75,287
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,485 | $1,075,246 | $682,696 | $392,550 |
| 2024 | $13,485 | $1,054,163 | $669,310 | $384,853 |
| 2023 | $13,407 | $1,033,494 | $656,187 | $377,307 |
| 2022 | $12,781 | $1,013,230 | $643,321 | $369,909 |
| 2021 | $12,655 | $993,363 | $630,707 | $362,656 |
| 2019 | $12,220 | $963,900 | $612,000 | $351,900 |
| 2018 | $12,196 | $945,000 | $600,000 | $345,000 |
| 2017 | $1,869 | $64,795 | $41,379 | $23,416 |
| 2016 | $1,779 | $63,525 | $40,568 | $22,957 |
| 2015 | $1,761 | $62,572 | $39,959 | $22,613 |
| 2014 | $1,774 | $61,348 | $39,177 | $22,171 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/09/2025 10/09/25 | For Sale | $1,570,000 | +66.1% | -- | |
| 12/15/2017 12/15/17 | Sold | $945,000 | -10.0% | $469 / Sq Ft | View Prior Sale |
| 10/26/2017 10/26/17 | Pending | -- | -- | -- | |
| 10/22/2017 10/22/17 | Price Changed | $1,050,000 | -4.1% | $521 / Sq Ft | |
| 10/05/2017 10/05/17 | For Sale | $1,095,000 | -- | $543 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $945,000 | Ticor Title San Diego | |
| Grant Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $697,500 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25236306
APN: 5339-014-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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