$1,147,000 - $1,433,000
RENTED JAN 22, 2025

318 N Olive Ave Unit A Alhambra, CA 91801

2 Beds
1 Bath
1,180 Sq Ft
$1,113 Price per Sq Ft

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Laundry Room
  • Garfield Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of January 2025

This beautifully updated home in the desirable N. Alhambra Olive Ave Tracts seamlessly combines charm, comfort, and modern living. Situated on a peaceful, tree-lined street in a quiet neighborhood, this home offers 2 bedrooms and 1 bathroom, with an open floor plan spanning over 1,000 Sq. Ft. of living space. The bright and inviting living room features large windows for abundant natural light and gleaming wood flooring. The formal dining room is ideally situated next to the living room and open kitchen for seamless flow. The open remodeled kitchen boasts granite countertops, custom cabinets, stainless steel appliances, and breakfast bar opens to the living room, perfect for entertaining. Two generously sized bedrooms share a large updated hallway bathroom with dual sinks, a tiled shower wall, and glass shower doors. The laundry room is conveniently located next to the kitchen for add practicality. Modern updates and energy-saving features include double-paned windows and recessed lighting throughout, central air and heating system, a tankless water heater and solar panels for energy efficiency. Gleaming hardwood floors throughout the home. Prime location adjacent to South Pasadena and close to Alhambra Park, schools, Costco, and Downtown Alhambra. Convenient access to Downtown LA and Old Town Pasadena for work, dining, and leisure. Street parking only. This home is ready for you to move in and enjoy modern comforts in a serene setting!

Last Agent to Rent the Property

Julia Zhao

Re/Max Elite Realty Brokerage Phone: 626-390-8870 License #01411270 Listed on: 01/15/2025

Re/Max Elite Realty

Last Renter's Agent

Julia Zhao

Re/Max Elite Realty Brokerage Phone: 626-390-8870 License #01411270 Listed on: 01/15/2025

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,513

Year Built

  • Built in 1940

Lot Details

  • 8,303 Sq Ft Lot
  • Front Yard
  • Density is 2-5 Units/Acre
  • Property is zoned ALRPD*

Parking

  • 2 Car Garage
  • On-Street Parking
  • Parking Permit Required

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,600
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 1/20/25
  • Tax Lot 20
  • Tax Tract Number 7694
  • Assessor Parcel Number 5338024015

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,513

Year Built

Built in 1940

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-01-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2600
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: ALRPD*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5338024015
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1180.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.20
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Permit Required, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 8303.00
  • Lot Size Acres: 0.1906

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 8303.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Census Tract: 4803.03
  • Tax Lot: 20
  • Tax Tract Number: 7694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2013
Sold by
Thomas Melinda
Bought by
Mdm Partnership
Current Estimated Value
$1,313,685
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mdm Partnership -- None Available
Thomas Melinda -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2025 01/22/25 Rented $2,600 0.0% --
01/20/2025 01/20/25 Under Contract -- -- --
01/20/2025 01/20/25 Off Market $2,600 -- --
01/15/2025 01/15/25 For Rent $2,600 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $17,513 $1,464,281 $955,405 $508,876
2024 $17,513 $1,435,571 $936,672 $498,899
2023 $14,132 $1,150,560 $918,306 $232,254
2022 $13,437 $1,128,000 $900,300 $227,700
2021 $1,453 $81,035 $49,577 $31,458
2019 $1,414 $78,633 $48,107 $30,526
2018 $1,270 $77,092 $47,164 $29,928
2016 $1,172 $74,101 $45,334 $28,767
2015 $1,156 $72,989 $44,654 $28,335
2014 $1,153 $71,560 $43,780 $27,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25010857

California Regional Multiple Listing Service (CRMLS)

APN: 5338-024-015