$1,900,000

1237 S 3rd St Alhambra, CA 91801

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 1237 S 3rd St

Location, Location, Location! When it comes to residential income properties, nothing is more important than a prime location—and this one delivers! Just steps from Valley Blvd, this well-maintained 4-unit property offers exceptional convenience, strong rental demand, and impressive cash flow potential. 3 units: 3 bedrooms + 2 bathrooms. 1 unit: 3 bedrooms + 1 bathroom. CAP Rate: 5.2%. Market CAP Rate: 6.75%

Highlights

Home typeQuadruplex
StatusActive
Lot size0.1698 Acres
Year built1931
ParkingGarage
MLS #SB25134223
Garage4 spaces

Summary

  • Garage Space: 4 spaces
  • Private Pool: No
  • Parking: Garage
  • List Price: $1,900,000
  • Annual Tax Amount: $16,098
  • Tax Year: 2024
  • Lot: Rectangular Lot
  • Directions: North on S 3rd st, east of Valley Blvd
  • Year Built: 1931
  • Stories: 2
  • Lot Size: 0.1698 Acres
  • MLS Number: SB25134223
  • MLS Name: CRMLS
  • Office Name: Equity Union
  • Office Phone: (310) 751-4137
  • Listing Agent: Emily Lin

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 9:45:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1237 S 3rd St, Alhambra, CA 91801 - view of front of home featuring a front lawn and stucco siding

$1,900,000

1237 S 3rd St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 16, 2008
Home Sold
$1,022,500
May 05, 2005
Home Sold
$835,000
Mar 04, 1999
Home Sold
$319,000
May 12, 1988
Home Sold
$980,000
May 12, 1988
Home Sold
$980,000

Tax history

YearAssessmentProperty Tax
2024$1,262,470$16,098
2023$1,237,717$15,969
2022$1,213,449$15,217
2021$1,189,657$15,044
2020$1,177,459$14,514
2019$1,154,372$14,571
2018$1,131,738$14,371
2017$1,109,548$14,371

History based on county public records data.

Nearby schools

5

McKinley Elementary School

Public District KG-5

1.4 mi

1425 Manley Dr

6

Emerson (Ralph Waldo) Elementary School

Public District KG-6

1.5 mi

7544 Emerson Pl

9

Duff Language Magnet Academy

Public Magnet KG-6

1.8 mi

7830 Dorothy St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,050. The majority of Alhambra, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

35%
<35k
43%
35k-100k
13%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1237 S 3rd St

The listing price of 1237 S 3rd St property is $1,900,000.

The property 1237 S 3rd St is a multi located in Alhambra, California, 91801.

Active Listing: 1237 S 3rd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1237 S 3rd St are: McKinley Elementary School (GreatSchools Rating 5/10), Emerson (Ralph Waldo) Elementary School (GreatSchools Rating 6/10), Duff Language Magnet Academy (GreatSchools Rating 9/10), Ramona Elementary School (GreatSchools Rating 8/10), Baldwin Elementary School (GreatSchools Rating 8/10), William Northrup Elementary School (GreatSchools Rating 5/10), Mark Keppel High School (GreatSchools Rating 10/10), Alhambra High School (GreatSchools Rating 8/10), Independence High (Alternative) (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $16,098 (source: MLS/based on county public records data).

The last sale was on December 16, 2008 for $1,022,500 (source: MLS/tax record).

The year of construction for 1237 S 3rd St is 1931.

This home is located at 1237 S 3rd St in Alhambra, CA and zip code 91801 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $1,900,000.

Over 12 listings were sold over their listed price in May 2025 in Alhambra, CA. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price. In May 2025 in Alhambra, CA there were 6.3% more homes for sale than in April. In May 2025, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $898,500.

From Rocket Homes Real Estate and based on county public records data.

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