1470 Del Mar, San Marino, California 91108, San Marino, 91108 - 3 bed, 2 bath

1470 Del Mar, San Marino, California 91108 home-pic-0
ACTIVE UNDER CONTRACT$1,599,000
1470 Del Mar, San Marino, California 91108
3Beds
2Baths
1,507Sqft
10,841Lot

Price Vs. Estimate

The estimated value ($1,709,110.33) is $110,110.33 (6%) higher than the list price ($1,599,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10841, living area = 1507.
Top Cons:
Age of Property & Outdated Systems: Built in 1941, the home likely features original systems (electrical, plumbing, HVAC) and finishes that may require significant investment for modernization and upgrades to meet contemporary standards.

Compared to the nearby listings

Price:$1.60M vs avg $2.91M ($-1,311,000)4%
Size:1,507 sqft vs avg 2,731 sqft6%
Price/sqft:$1.1K vs avg $1.1K43%

More Insights

Built in 1941 (84 years old).
Condition: This property is in 'good' condition, offering a move-in ready experience despite its 1941 build year. The images reveal recently updated bathrooms with modern vanities, tiling, and fixtures, contradicting the listing's general statement about needing bath updates. The hardwood floors throughout the main living areas are well-maintained and in good condition. While the kitchen features dated light wood cabinets, granite countertops with a busy pattern, and older black appliances, it is functional. The overall property is clean, freshly painted, and well-kept, allowing for comfortable immediate occupancy. However, the kitchen will require renovation to meet contemporary standards, and the age of the property suggests that major systems (HVAC, plumbing, electrical) may be older, even if currently functional.
Year Built
1941
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$1,061
HOA
-
Days on market
-
Sold On
-
MLS number
WS25252084
Home ConditionGood
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Welcome to one of San Marino’s most desirable neighborhoods, where timeless charm meets exceptional upside. This well-maintained single-level residence offers an amazing opportunity for the next homeowner. What truly elevates the opportunity here is the lot—roomy, rare, and primed for transformation. Whether your vision is updating the kitchen and baths, expanding into the yard, or creating an open-plan modern layout while preserving the single-story comfort, this property offers significant potential in one of the most coveted addresses. San Marino's lifestyle is equally compelling. Residents enjoy the serene, tree-lined streets of the city, combined with top-tier schooling under the San Marino Unified School District and nearby cultural gems like the Huntington Library & Gardens and lush community parks, like Lacy Park. If you’re seeking a home that blends presentable condition with substantial future value where you can move in and live comfortably now, while planning your ideal renovation for later, this is rare. Here, you’re not just buying a house; you’re owning potential. Don’t miss the chance to turn this property into your forever home.

Price History

Date
Event
Price
06/23/99
Sold
$430,000
08/30/96
Sold
$3,100,000
05/02/02
Sold
$430,000
Condition Rating
Good

This property is in 'good' condition, offering a move-in ready experience despite its 1941 build year. The images reveal recently updated bathrooms with modern vanities, tiling, and fixtures, contradicting the listing's general statement about needing bath updates. The hardwood floors throughout the main living areas are well-maintained and in good condition. While the kitchen features dated light wood cabinets, granite countertops with a busy pattern, and older black appliances, it is functional. The overall property is clean, freshly painted, and well-kept, allowing for comfortable immediate occupancy. However, the kitchen will require renovation to meet contemporary standards, and the age of the property suggests that major systems (HVAC, plumbing, electrical) may be older, even if currently functional.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10841, living area = 1507.
Prime San Marino Location: Situated in one of San Marino's most desirable neighborhoods, offering a coveted address and access to a serene, tree-lined lifestyle with proximity to cultural gems and parks.
Exceptional Renovation Potential: The property presents significant upside for modernization, expansion, or creating an open-plan layout, allowing homeowners to tailor it to their ideal vision and maximize future value.
Top-Tier School District: Located within the highly-regarded San Marino Unified School District, a major draw for families seeking excellent educational opportunities.
Generous & Rare Lot: Features a roomy 10,841 sqft lot, providing ample space for outdoor enhancements, potential expansion, or even new construction, which is a rare asset in this area.
Move-in Ready with Future Value: The residence is well-maintained and in presentable condition, allowing for comfortable immediate occupancy while offering substantial future value through planned renovations.

Cons

Age of Property & Outdated Systems: Built in 1941, the home likely features original systems (electrical, plumbing, HVAC) and finishes that may require significant investment for modernization and upgrades to meet contemporary standards.
Limited Current Square Footage: At 1,507 sqft, the existing structure is relatively modest for the large lot size and the expectations of the San Marino market, suggesting potential need for expansion to maximize value.
Immediate Renovation Needs: The description explicitly points to 'updating the kitchen and baths,' indicating that these key areas are not modern and will require immediate investment for a contemporary living experience.

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