1455 Granada Avenue, San Marino, California 91108, San Marino, 91108 - 6 bed, 6 bath
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San Marino, California 91108
This Spanish-style estate represents a Strong Value Opportunity, listed at $6,230,000—positioned well above the $5,778,900 Fair Market Value by 7%. While the structure is fully depreciated, the property offers significant land value within the prestigious San Marino Unified School District. Featuring a 25,624 sqft lot, solid oak flooring, and a detached guest house, the home maintains a Condition Rating of 4. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a prime location for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1455 Granada Avenue Subject | $6,230,000* List Price | 6 | 6 | 6,047 | $956 | - |
A 2280 S Oak Knoll Avenue Active | $5,350,000 List Price | 5 | 7 | 6,369 | $840 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, the home is well-maintained and in move-in condition, but the interior finishes are significantly dated. The kitchen features older tile countertops and the bathrooms show renovations likely exceeding 20-30 years in age. While functional, the property requires comprehensive cosmetic updates to meet modern standards, and the listing itself notes the structure is fully depreciated with primary value in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25624, living area = 6047.
Situated in the highly coveted San Marino neighborhood and served by the prestigious San Marino Unified School District, this property offers exceptional long-term investment value and access to top-tier education.
The massive 25,624 sqft lot features a circular driveway and a lush private orchard with mature avocado, mango, and citrus trees, providing a rare level of outdoor space and privacy for the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6047, other record living area = 5824. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
At nearly 100 years old, the property is considered economically fully depreciated, which may necessitate future updates to aging infrastructure or systems despite its current well-maintained status.
The detached guest house and basement are currently limited to storage and equipment use, requiring additional investment to convert them into functional living or high-utility spaces.
This home was built in 1928 and has been owned by several owners over the years. Each owner made improvements and additions to help maintain the property. From an economic point of view, the structure is about 98 years old and has been fully depreciated. The main value of the property comes from the land, the location, the lot size, and the unique architectural style. The house is a two-story home with a small basement used for equipment and storage. There is also a detached guest house that is currently used for storage. Although the structure is older, the home has been well maintained and is in move-in condition. The house features classic Spanish-style architecture. At the front of the property there are two metal gates and a circular driveway for easy access and parking. The yard includes several mature fruit trees, including two avocado trees, grapefruit, white peach, mango, persimmon, navel orange, and lemon trees. Inside the home, there are two master bedrooms located on the second floor. The house has no carpet. Most areas have solid oak wood flooring, and some areas have granite flooring. Overall, this property offers a rare opportunity to own a home with character, a large lot, and a desirable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 96% |
| Baths | 6.0 | 3.0 | 79% |
| Square foot | 6,047 | 3,051 | 94% |
| Lot Size | 25,624 | 13,099 | 88% |
| Price | $6.23M | $3.11M | 94% |
| Price per sq ft | $1.0K | $1.1K | 42% |
| Built year | 1928 | 1941 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 130 | 23% |
Mar 20, 2026
$6,230,000
Initial Listing
Aug 30, 1999
$1,300,000
Public Record