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

1024 S Marengo Avenue
Alhambra, California 91803
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,220 | 1,662.5 | 25% |
| Lot Size | 70,437 | 17,747.5 | 75% |
| Price | $630.0K | $810.0K | 25% |
| Price per sq ft | $516 | $488 | 50% |
| Built year | 1984 | 1996 | 25% |
| HOA | $555.93 | $324 | 75% |
| Days on market | 41 | 153 | 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








































