1111 Alhambra Rd, Alhambra, California 91801, Alhambra, 91801 - bed, bath
1111 Alhambra Rd
Alhambra, California 91801
Property Price
SUMMARY
Analysis of 1111 Alhambra Rd, Alhambra, California 91801 is currently available with a list price of $1,549,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1922, this multi-family property is well-maintained but shows clear signs of age. The kitchens and bathrooms feature dated cabinetry, older appliances, and vintage tile work that likely haven't been renovated in over 20 years. While the hardwood floors and exterior appear to be in good condition, the property requires cosmetic updates and likely system modernizations to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
- Prime North Alhambra Location
Situated just two blocks from San Marino, this property occupies a highly desirable residential pocket with convenient access to major freeways and proximity to top-rated schools like South Pasadena Senior High.
- Immediate Rental Upside
With two units delivered vacant at the close of escrow, an investor has the immediate opportunity to set market-rate rents, significantly enhancing the Cap Rate and Gross Rent Multiplier from day one.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1922, this century-old asset may require significant capital expenditure for upgrades to aging electrical, plumbing, and structural systems to meet modern standards.
- Potential for Deferred Maintenance
The 'priced to sell' motivation and recent price reduction suggest that the property may require cosmetic or functional renovations to achieve its maximum market value and rental potential.
About 1111 Alhambra Rd
PRICED TO SELL! SELLER IS MOTIVATED. IRN Realty is proud to present this beautifully maintained 4-unit multifamily residence in prime North Alhambra. Located two blocks from San Marino, this multifamily asset spans across two (2) buildings, totaling 3,929 square feet on a 8,036 square foot lot. The unit mix consists of three 2 BR / 1 BA units and one 4 BR / 2 BA unit. Some units are equipped with in-unit laundry hookups. The property is centrally located with extremely convenient access to the 10, 210 and 710 freeways. Note: Cap Rate and GRM calculations are based off of current expenses and market rent for the two vacant units that will be available at Close of Escrow.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1922
- Lot Size
- 8,036 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Alhambra Unified Schools
Marengo Elementary School
Grades K-5 • 1.0 mi
Monterey Hills Elementary School
Grades K-5 • 1.7 mi
Cesar Chavez Elementary School
Grades K-6 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,929 | 2,144 | 92% |
| Lot Size | 8,036 | 7,214.5 | 75% |
| Price | $1.55M | $1.19M | 83% |
| Price per sq ft | $394 | $626 | 8% |
| Built year | 1922 | 1924 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 140 | 8% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,549,000
$1,599,500
-3% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$1,599,500
Initial Listing
Sold
Sep 30, 1999
$293,000
Public Record