143 Palatine, Alhambra, California 91801, Alhambra, 91801 - 2 bed, 2 bath
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Alhambra, California 91801
Analysis of 143 Palatine, Alhambra, California 91801 is currently available with a list price of $700,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1961 (63 years old) and is currently in a completely gutted, unlivable state. It lacks a functioning kitchen, bathrooms, and essential systems (HVAC/Electric), with the interior stripped to the studs. Visible structural issues include rotting exterior decking and supports, meeting the criteria for a 50+ year old structure with no recent renovation that is currently unlivable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8559, living area = 1680.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Located in the historic Emery Park Hills, the property boasts expansive views of the Monterey Hills and South Pasadena, a premium feature that significantly enhances its marketability and future valuation.
The property is being sold in 'as-is' fixer-upper condition, necessitating a significant capital investment and a comprehensive overhaul to bring the home up to modern living standards.
The seller's strict requirement for qualified direct buyers only—explicitly excluding wholesalers and contract-flipping proposals—may limit the pool of potential purchasers and impact the speed of the sale.
Serious inquiries only. No wholesaling, assignments, or contract-flipping proposals. Seller will only review offers from qualified direct buyers. MOJOR PRICE REDUCTION!!!! Fixer-Upper Single-Family Home with Views | Value-Add Opportunity View! View! View! Rare opportunity to acquire a single-family fixer in the heart of Alhambra’s historic neighborhood of Emery Park hills with expansive views of Monterey Hills and South Pasadena. This property offers a solid footprint and functional layout, presenting an ideal canvas for renovation and value enhancement. This 1,680 sq ft two-story home features an open floor plan with 3 bedrooms and 2 bathrooms and strong potential to reconfigure or modernize to maximize light, flow, and view corridors. With strategic upgrades, this property is well-positioned for a strong after-repair value, leveraging the premium associated with view properties. Situated on a generous 8,559 sq ft lot, the property provides opportunities for outdoor living improvements, balcony additions, or expansion allowing future owners to fully capitalize on the surrounding vistas. Located in an established area with convenient access to shopping, dining, and commuter routes. Well-suited for fix-and-flip, buy-and-hold, or redevelopment strategies. Don’t miss out on this opportunity! Sold as-is. Ideal for cash or renovation financing.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,680 | 1,374 |
| Lot Size | 8,559 | 7,321 |
| Price | $700.0K | $1.05M |
| Price per sq ft | $417 | $708 |
| Built year | 1961 | 1929 |
| HOA | $0 | $0 |
| Days on market | 15 | 43 |
Jul 7, 2026
$700,000
Initial Listing
May 24, 2024
$750,000
Public Record