
Alhambra, California 91801
This property presents a High-Potential Investment Opportunity with a List Price of $1,295,000—positioned well above the $1,119,533 Fair Market Value by -15%. While the pricing reflects a premium, the Fair Condition Rating and multi-unit configuration offer significant value-add potential. Featuring panoramic city views and proximity to top-rated schools like Marengo Elementary and South Pasadena High, this asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through the additional units.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 142 Stockbridge Subject | $1,195,000* List Price | 5 | 4 | 1,697 | $702 | - |
A 121 S Electric Sold | $946,500 | 3 | 1 | 1,352 | $700 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930 and on the market for the first time since 1960, this property shows significant deferred maintenance and outdated systems. The kitchen features aged tile and basic cabinetry, while the exterior and additional units show signs of wear, weathered wood, and cracked hardscaping. Given the age and lack of recent comprehensive renovations, the home requires a full rehab to address likely structural and system deficiencies.
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 property features two additional units with separate entrances, providing a significant opportunity for rental income or multi-generational living.
Nestled in the hills of the Emery Park Tract, the home offers impressive city views and a quiet, low-traffic environment while remaining close to DTLA and major freeways.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The additional 800 square feet of living space requires buyer verification, which may present challenges regarding permits or appraisal values.
Offered for the first time since 1960 and built in 1930, the home likely requires substantial updates and repairs to meet modern aesthetic and functional standards.
Great opportunity for both homeowners and investors!! Nestled on the hills of Emery Park Tract with GREAT VIEWS OF THE CITY, First time on the market since 1960, 3 beds / 2 baths, with 2 Attached Garage, with extra 2 units, one unit has 1 bedroom and 1 bathroom and kitchen, one unit has 1 bedroom and 1 bathroom, both units have their own entrance, extra 800 sqf. ( buyers need to verify the size) which generate good rental income for homeowners. This home is nestled in a very quiet neighborhood with barely any through traffic and surrounded by nature, Target and Costco nearby, minutes away from SGV, East LA and DTLA. Conveniently located with access to major freeways: 110, 10 and 710 , Must see! Don’t miss it!!!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,697 | 1,374 |
| Lot Size | 5,507 | 7,321 |
| Price | $1.20M | $1.05M |
| Price per sq ft | $704 | $708 |
| Built year | 1930 | 1929 |
| HOA | $0 | $0 |
| Days on market | 45 | 43 |
Jul 4, 2026
$1,195,000
$1,295,000
-8% Price Drop
Initial Listing
Jun 7, 2026
$1,295,000
Initial Listing