
Alhambra, California 91803
This 3-bedroom condominium represents a High-Potential Investment Opportunity, listed at $679,600—positioned well above the $574,748 Fair Market Value by 18%. While the property requires attention due to its Condition Rating of 4, the low $140 HOA fee and functional layout provide a stable foundation for value-add improvements. Located in the Alhambra High School District, this residence offers proximity to Downtown Los Angeles, making it a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1420 S 5th Street E Subject | $679,600* List Price | 3 | 3 | 1,148 | $501 | - |
A 1024 S Marengo Avenue Sold | $616,000 | 3 | 3 | 1,220 | $505 | 0.8 mi |
B 1022 S Marengo 5 Active | $699,000 List Price | 3 | 3 | 1,220 | $573 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property falls into the >20y age bracket. While the description highlights it as 'move-in-ready' and 'well-appointed,' the exterior photos show noticeable staining and weathering on the stucco and wood trim. Given the age and lack of specific mention of recent major renovations to the kitchen or systems, it is classified as dated and likely requires minor repairs or cosmetic updates.
Situated in a highly desirable Alhambra community, the property offers excellent proximity to Downtown Los Angeles, local shopping, dining, and top-rated schools.
At only $140 per month, the exceptionally low HOA fee enhances the property's affordability and long-term value compared to similar condominiums in the region.
The home features a well-designed floor plan with three bedrooms, an attached garage, and in-unit laundry, providing the convenience of a single-family home within a condo structure.
With only 1,148 square feet for a three-bedroom configuration, the interior living spaces and individual rooms may feel restrictive for larger families or those requiring more spacious common areas.
The property is noted as having no views, which may be a disadvantage for buyers seeking aesthetic outdoor perspectives or a greater sense of openness.
Welcome to 1420 S 5th Street Unit E, a spacious and well-appointed 3-bedroom, 2.5-bathroom home nestled in a desirable Alhambra community. Offering a thoughtfully designed floor plan, this residence combines comfort, functionality, and convenience in one of the San Gabriel Valley's most sought-after locations. Step inside to a bright and inviting living area filled with natural light, creating the perfect space for relaxing or entertaining guests. The open-concept layout flows seamlessly into the dining area and kitchen, providing an ideal setting for everyday living and special gatherings. A full bathroom adds flexibility and convenience for guests and multi-generational living. Upstairs, the generously sized bedrooms offer privacy and comfort, including a spacious primary suite with its own en-suite bathroom. Additional bedrooms provide ample space for family, guests, or a home office. With three full bathrooms, morning routines are effortless and comfortable for everyone. Additional highlights include an attached garage, in-unit laundry, abundant storage, and low-maintenance living. Conveniently located near shopping, restaurants, parks, schools, and major freeways, this home offers easy access to Downtown Los Angeles and all that Alhambra has to offer. Whether you're a growing family, a first-time homebuyer, or an investor seeking a prime location, this move-in-ready residence presents an exceptional opportunity. Don't miss your chance to own this beautiful home in the heart of Alhambra.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,148 | 1,343 |
| Lot Size | 8,271 | 21,531 |
| Price | $679.6K | $713.2K |
| Price per sq ft | $592 | $564 |
| Built year | 1984 | 1988 |
| HOA | $140.0 | $390 |
| Days on market | 30 | 87 |
Jun 22, 2026
$679,600
Initial Listing
Jan 6, 1994
$75,000
Public Record
Jan 6, 1994
$172,500
Public Record