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Closed
- Listed price
- $2,100,000
- Listed Jun 12, 2019
- Sold price
- $1,960,000
- Sold Aug 21, 2019
9,446 sqft lot|1971 Built|30 MLS days on market
201 S Olive Ave, Alhambra, CA 91801
Property Description
Bridge investment group is proud to present The Olive apartments, a well maintained 6 unit apartment building located in Alhambra. They don't build apartments like this anymore which is why this property hasn't changed ownership in over 40 years. This property is not rent controlled and has large units with the one bedrooms around 800-850 square feet and the two bedrooms two bath between 1100-1300 square feet. three units have over-sized balconies and two units have very large yards making them appealing to prospective tenants. five of the units are on month to month so new owners can take advantage of rental upside immediately. The laundry machines are leased and the new owner can install their own laundry machines and capture much more income. There are 11 parking spaces, 4 covered, 4 tuck-under and three 3 open/uncovered spaces. Close to downtown Alhambra where everything is, this is the ideal location to own real estate. Seller is a licensed California Real Estate Broker. DO NOT walk on property, tenants do no know property is for sale.
Listing agent: KEVIN LUTZDRE #00925595klutz@kwcommercial.com, Listing office: PASADENA MARKET CENTER
MLS data updated 10/30/2026, 5:17:43 PM PT
Source: CRMLSMLS #: WS19138394
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,960,000
Aug 21, 2019
Available records22019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91801 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91801 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.