228 S Olive A312
Alhambra, CA, 91801
$598,000
MLS: CV26086976
Beds
2
Baths
2
Sq Ft
940
Lot
1.59 ac
Year Built
2009
MLS #
CV26086976
Days on Market
6
Listed
Apr 24, 2026
Description
Rare Top-Floor Condo with High Ceilings and Near-Direct Elevator Access in Prime Alhambra Located in the highly desirable Zen Terrace, this top-floor 2-bedroom, 2-bathroom condo offers 940 sqft of well-designed living space plus a 27 sqft bonus area, ideal for a home office, storage, or flexible use. This is one of the few units in the community featuring a high-ceiling living room, providing enhanced natural light and a more open, spacious feel compared to standard layouts. The unit is uniquely positioned with near-direct elevator access, offering exceptional everyday convenience. The home has been lightly lived in, never rented, and is in excellent condition. Interior features include an open-concept kitchen, in-unit laundry, central HVAC, and a bright, functional layout. Community amenities include secured subterranean parking, EV charging stations, and overnight guest parking available for a nominal fee, eliminating the need for city permits. The community also features a gated entrance and a peaceful courtyard with zen-inspired landscaping. Situated in a prime Alhambra location, the property is surrounded by popular Chinese supermarkets, a wide variety of dining options, cafes, fitness centers, and nearby parks. Convenient access to DTLA and Pasadena makes this an ideal location for both living and commuting. A rare combination of high-ceiling design, condition, convenience, and location, making this home a standout opportunity in today’s market.
Location
Alhambra, Los Angeles County, CA 91801
Open on Google Maps ↗Listed by: Jing Qin · PINNACLE REAL ESTATE GROUP
Payment estimate
$4,503
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,800 · Loan: $538,200
- Principal & Interest
- $3,356
- Property tax (1.25%)
- $623
- Homeowners insurance
- $300
- Mortgage insurance
- $224
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Alhambra home with as little as 3.5% down using an FHA loan — roughly $20,930 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Alhambra, CA 91801 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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