
Alhambra, California 91803
This Multi-Unit Residential Asset represents a Prime Investment Opportunity, with a List Price of $990,000—positioned below the $1,010,241 Fair Market Value by 2%. This valuation provides $20,241 in Instant Equity for the incoming buyer. While maintaining a functional Condition Rating of 4, the property features a 2-bedroom ADU, a 2025 EV charging station, and Mountain Views. Located near Alhambra High School, this versatile configuration is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 S Date Subject | $1,090,000* List Price | 3 | 2 | 1,522 | $703 | - |
A 1704 S Date Avenue Sold | $1,286,800 | 3 | 2 | 1,496 | $860 | 0.3 mi |
B 319 Westmont Drive Sold | $935,000 | 3 | 1 | 1,481 | $631 | 1.0 mi |
C 1817 Elm Street Sold | $1,075,194 | 3 | 2 | 1,372 | $784 | 0.5 mi |
D 1617 S Ethel Avenue Sold | $950,000 | 3 | 1 | 1,412 | $673 | 0.3 mi |
E 2909 Front Sold | $865,000 | 3 | 3 | 1,452 | $596 | 0.5 mi |
F 1608 Elm Street Active | $1,198,000 List Price | 4 | 2 | 1,719 | $697 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, the property has functional system updates including a new electric meter (2025), EV charging, and mini-split HVAC units. However, the interior is dated with 20+ year old kitchen and bath finishes, drop ceilings in converted spaces, and basic materials that require cosmetic modernization.
The property features a unique multi-unit configuration, including a main house divided into two living areas and a 2-bedroom ADU, offering excellent rental yield or multi-generational living options.
Equipped with a brand-new electric meter and an EV charging station installed in 2025, the home provides modern convenience and sustainability that is rare for properties of this era.
Situated in the heart of Alhambra near Alhambra High School, major supermarkets, and freeways, the property benefits from high walkability and strong demand in a desirable neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1938, the property may require ongoing maintenance or future capital expenditures to update aging systems not addressed in recent renovations.
The conversion of the garage into an ADU maximizes income but eliminates traditional covered parking and enclosed storage, which may be a drawback for some owner-users.
Beautiful house located in the heart of Alhambra, perfect for owner-user or investors! The front house is divided into A: 2 bedrooms, 1 bathroom, a full kitchen, and a comfortable living room. And B: 1 bedroom, 1 bathroom, and a cozy living area. The garage has been converted into a 2-bedroom, 1-bathroom ADU with its own kitchen, providing stable rental income. In October 2025, the property was upgraded with a brand-new electric meter and EV charging station, offering modern convenience for today’s lifestyle. Conveniently located near Alhambra High School, supermarkets, banks, restaurants, and major freeways. This property offers excellent rental potential and flexible living arrangements. Don’t miss this rare investment opportunity in a prime Alhambra location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,522 | 1,371.5 | 72% |
| Lot Size | 6,819 | 6,357 | 75% |
| Price | $1.09M | $933.5K | 75% |
| Price per sq ft | $716 | $702 | 56% |
| Built year | 1938 | 1938 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 122 | 6% |
May 22, 2026
$1,090,000
$990,000
+10% Price Increase
Initial Listing
May 5, 2026
$990,000
Initial Listing
Oct 10, 2008
$518,000
Public Record
Mar 5, 2008
$565,000
Public Record