
Alhambra, California 91801
This Spacious Multi-Generational Residence is a Strong Value Opportunity, listed at $1,288,000—positioned well below the $1,414,086 Fair Market Value by 8%. This valuation gap offers $126,086 in Instant Equity. Featuring a 4/10 Condition Rating, the home offers significant upside for modernization. With a 5-bedroom layout, Rear Alley Access, and Detached Three-Car Garage, it is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the property's ADU potential and proximity to top-rated schools like Marengo Elementary.
Property is moderate renovation needed.
Originally built in 1913, the property appears functional but significantly dated. The kitchen cabinetry, tile flooring, and bathroom fixtures suggest a renovation age of over 20 years. While the home is spacious and habitable, it requires cosmetic updates and likely modernization of electrical and HVAC systems to meet current standards.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
The unique floor plan features a 5-bedroom main level plus two independent upper-level living areas, offering exceptional flexibility for large families, guests, or rental income.
With a detached three-car garage and rear alley access, the property is perfectly positioned for a garage-to-ADU conversion to supplement the existing multi-unit configuration.
Built in 1913, this century-old residence may require significant ongoing maintenance or costly updates to its vintage infrastructure and systems.
The property does not offer any significant views, which may be a drawback for buyers seeking aesthetic outlooks or panoramic cityscapes.
Rare opportunity to own an exceptionally spacious and versatile residence in one of Alhambra's most desirable neighborhoods. The thoughtfully designed floor plan features 5 bedrooms and 3.5 bathrooms on the main level, along with two separately accessed upper-level living areas, creating exceptional flexibility for a variety of living arrangements. A large, welcoming front patio overlooks the beautifully landscaped front yard and peaceful neighborhood, creating a warm first impression before leading into the home's generous interior. Inside, you'll find a formal living room accented by a charming antique fireplace, a formal dining room, and a comfortable family room, offering an ideal setting for both everyday living and entertaining. Most of the bedrooms and primary living spaces are conveniently located on the main floor, making the home especially well suited for multi-generational living. The upper level is divided into two independently accessed sections. One side features a private one-bedroom, one-bathroom living area, while the other offers a spacious studio-style living space. This unique configuration provides outstanding flexibility for extended family, guests, a private home office, creative space, or potential future ADU or income-producing opportunities. Outdoor living is equally inviting, with multiple areas for relaxation and entertaining, including side yards, a spacious backyard, and alley access leading to a detached three-car garage. The rear alley access enhances privacy while maximizing usable yard space and offers excellent potential for a future garage-to-ADU conversion or additional improvements. Ideally located in a quiet yet highly convenient neighborhood close to shopping, dining, parks, schools, and transportation, this exceptional property offers a rare combination of generous living space, remarkable versatility, and outstanding long-term potential. Whether you're looking to accommodate a large or multi-generational family, create flexible work-from-home spaces, or explore future income possibilities, this home offers endless opportunities to make it your own.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-6 • 2.0 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 3,241 | 1,374 |
| Lot Size | 7,076 | 7,321 |
| Price | $1.29M | $1.05M |
| Price per sq ft | $397 | $708 |
| Built year | 1913 | 1929 |
| HOA | $0 | $0 |
| Days on market | 20 | 43 |
Jul 2, 2026
$1,288,000
Initial Listing