
Alhambra, California 91801
This Value-Add Residential Asset presents a Prime Investment Opportunity with a List Price of $999,900—positioned well below the $1,051,873 Fair Market Value by 4%. This valuation gap offers $51,973 in Instant Equity. While maintaining a Condition Rating of 4 requiring modernization, the expansive 7,722 sqft flat lot provides significant ADU potential and a private patio. Served by the San Gabriel Unified district near Mark Keppel High School, this is a strategic acquisition for Value-Add Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1609 S Sierra Vista Subject | $999,900* List Price | 2 | 2 | 1,234 | $852 | - |
A 1012 S 2nd Street Sold | $1,088,000 | 2 | 1 | 1,217 | $894 | 0.7 mi |
B 912 S Sierra Vista Avenue Sold | $1,250,000 | 3 | 2 | 1,481 | $844 | 0.7 mi |
C 1428 S Stoneman Avenue Sold | $880,000 | 2 | 1 | 1,200 | $733 | 0.2 mi |
D 1424 S Stoneman Avenue Sold | $880,000 | 2 | 1 | 1,155 | $762 | 0.2 mi |
E 1704 Azalea Drive Sold | $996,000 | 3 | 1 | 1,145 | $870 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936, the property is well-maintained but shows significant signs of age and outdated styling. Interior features include popcorn ceilings, older ceiling fans, and worn hardwood flooring. While one bathroom has been partially updated with a newer vanity, the overall infrastructure—including wall-mounted AC units and older window styles—indicates the home requires modernization to meet current market standards, aligning with its description as an investment opportunity.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7722, living area = 1234.
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 sits on a generous 7,722-square-foot flat lot, offering significant potential to construct an Accessory Dwelling Unit (ADU) or guest suite to maximize rental income or accommodate multi-generational living.
Built in 1936, the property may require substantial updates to its original systems and structural elements to meet modern building codes and buyer expectations for efficiency.
At a list price of nearly $1,000,000 for a 2-bedroom, 1,234-square-foot home, the valuation is heavily weighted toward land value and potential rather than the existing interior living space.
Don't miss this fantastic INVESTMENT OPPORTUNITY. Nestled in the heart of Alhambra. This charming single-family home offers the perfect blend of comfort, convenience. Set on a flat lot in a highly sought-after neighborhood, this is a rare find—ideal for families, investors, or anyone looking to create their dream home. Inside, you’ll find 3 bedrooms and 2 bathroom, with a bright and inviting living space. Hardwood flooring. The large all flat backyard offers endless possibilities—whether building an (ADU) or adding a guest suites. it’s perfect for generating rental income, accommodating extended family. Located in a super-convenient area, you’re just minutes from everything Alhambra has to offer—top-rated schools, shopping centers. Nearby markets like 168 Market, Hawaii Supermarket, and San Gabriel Square Plaza. Easy access to the I-10 and 710 freeways. Close to Downtown Los Angeles and city of Pasadena. The potential of this home is endless.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 1.4 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,234 | 1,590 | 29% |
| Lot Size | 7,722 | 7,506 | 65% |
| Price | $999.9K | $1.15M | 26% |
| Price per sq ft | $810 | $734 | 68% |
| Built year | 1936 | 1931 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 160 | 3% |
Apr 3, 2026
$999,900
Initial Listing