312 N Marguerita Avenue
Alhambra, CA, 91801
$1,199,000
MLS: P1-26618
Beds
4
Baths
2
Sq Ft
1,925
Lot
0.17 ac
Year Built
1913
MLS #
P1-26618
Days on Market
9
Listed
Apr 10, 2026
Description
Fantastic investment or multi-generational living opportunity in Alhambra! This unique property features two separate homes on one parcel, offering versatility, value, and strong income potential.The front house boasts 2 bedrooms and 1 bathroom across approximately 1,134 square feet of living space, featuring a spacious layout, and comfortable living areas ideal for an owner-occupant. The rear unit offers an additional 2-bedroom, 1-bathroom layout with approximately 791 square feet, as well asn an attached garage, perfect for rental income, extended family, or a private guest residence.Both homes provide functional floor plans and the privacy of separate living spaces, making this property an excellent option for investors or those seeking to live in one unit while generating income from the other.Located within walking distance of Main Street, this property is close to shopping, dining, and schools. This property combines location, flexibility, and long-term potential.Don't miss this rare opportunity to own two homes on one lot in a prime location!both units are owner occupied.
Location
Alhambra, Los Angeles County, CA 91801
Open on Google Maps ↗Listed by: Audrey Huang · COMPASS
Payment estimate
$8,629
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,900 · Loan: $1,079,100
- Principal & Interest
- $6,630
- Property tax (1.25%)
- $1,249
- Homeowners insurance
- $300
- Mortgage insurance
- $450
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $41,965 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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