1024 S Marengo Avenue, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 3 bath

1024 S Marengo Avenue, Alhambra, California 91803 home-pic-0

1024 S Marengo Avenue

Alhambra, California 91803

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
3Baths
1,220Sq Ft
70,437Lot Size

Property Price

LIST PRICE$630,000

SUMMARY

Analysis of 1024 S Marengo Avenue, Alhambra, California 91803 is currently available with a list price of $630,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Alhambra Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant recent updates, including a newly renovated kitchen and bar with a new gas stove, brand-new carpeting throughout, and a new water heater. While the structure was built in 1984, the interior has been well-maintained and modernized in key areas, showing minimal wear and tear and requiring no immediate renovations.

PROSSTRENGTHS & OPPORTUNITIES

  • Modernized Interior

    The unit features a newly updated kitchen and bar, a new gas stove, a new water heater, and brand-new carpeting throughout, offering a move-in-ready experience.

  • Income Potential

    The primary suite includes a rare separate exterior access door, providing a unique opportunity for rental income or a private guest suite to help offset mortgage expenses.

  • Premium Parking & Amenities

    The property includes two side-by-side assigned parking spaces with storage, alongside community access to a pool, spa, and recreation room within a secure complex.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =70437, other record lot size in square feet = 70345. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1220, other record living area = 1844. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.

  • High Monthly Carrying Costs

    The monthly association fee of $555.93 is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.

  • Compact Layout

    With three bedrooms and three bathrooms squeezed into 1,220 square feet, the living spaces and bedrooms may feel somewhat constrained for larger families.

About 1024 S Marengo Avenue

Welcome to this well-maintained, bright, and airy contemporary unit featuring a newly updated kitchen and bar, new gas stove, new water heater, and brand-new carpet throughout. Ideally located in Building 1024 near Marengo Avenue, the unit offers easy street access while maintaining a quiet, private setting. Facing east and overlooking the landscaped courtyard walkway, the home is filled with natural light through large windows and sliding glass doors. The spacious living room boasts soaring ceilings and a beautiful fireplace, creating an inviting space for both relaxation and entertaining. The dining area flows seamlessly into the bar and opens to a private patio through an additional sliding glass door—perfect for morning coffee or evening gatherings. Upstairs, the primary suite features vaulted ceilings, an en-suite bathroom, and a private rooftop balcony, offering a peaceful retreat with abundant natural light. The suite also includes a separate exterior access door, providing flexibility for potential rental income to help offset mortgage expenses (buyer to verify). Additional highlights include two side-by-side assigned parking spaces (#183 & #184) with storage. This Super Clean, secure and Well Maintained Community with healthy reserves offers lush walkways, a sparkling pool, spa, recreation room, and well-lit common areas for residents’ enjoyment. Conveniently located near shopping, dining, major freeways, Downtown Los Angeles, and Pasadena, this home delivers modern comfort with exceptional accessibility.

Property Details

Public Facts

Property Type
Condominium
Year Built
1984
Lot Size
70,437 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$555.93 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot1,2201,662.5
25%
Lot Size70,43717,747.5
75%
Price$630.0K$810.0K
25%
Price per sq ft$516$488
50%
Built year19841996
25%
HOA$555.93$324
75%
Days on market41153
25%

Pricing History

Listed for Sale

Jan 24, 2026

$630,000

Initial Listing

Sold

Jun 24, 2020

$580,000

Public Record

Sold

Oct 23, 2009

$300,000

Public Record

Sold

Apr 21, 2005

$341,000

Public Record

Sold

Jul 11, 2003

$286,000

Public Record

Sold

Jan 7, 2000

$156,000

Public Record

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