
Alhambra, California 91803
This Spacious Character Home is a High-Potential Investment Opportunity, listed at $988,000—positioned well below the $1,036,305 Fair Market Value by 4%. This valuation gap offers $48,305 in Instant Equity. Boasting a Condition Rating of 3, the interior features an updated granite kitchen and new laminate flooring. The expansive 7,624 sqft lot with rear alley access and a detached garage provides premier ADU development potential. Located in the Alhambra School District, it is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1809 S 5th Subject | $988,000* List Price | 3 | 2 | 1,466 | $707 | - |
A 2409 Siwanoy Dr Sold | $1,168,000 | 3 | 2 | 1,708 | $684 | 0.9 mi |
B 1617 S Ethel Avenue Sold | $950,000 | 3 | 1 | 1,412 | $673 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1913, the property has undergone significant renovations within the last 5-15 years. The kitchen features updated cabinetry and granite countertops, bathrooms have been modernized with glass enclosures, and the interior boasts new laminate flooring and recessed lighting. Visible ceiling vents indicate an updated central HVAC system, making the home move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7624, living area = 1466.
The property features a generous 7,622 sqft lot with rear alley access and a large 600+ sqft detached garage, making it an ideal candidate for an Accessory Dwelling Unit (ADU) conversion or addition.
Situated in the heart of Alhambra, the home is within walking distance to elementary schools and the Valley Blvd commercial corridor, offering excellent access to markets and restaurants.
The home includes approximately 300 sqft of unpermitted bonus rooms on the second floor, which are not reflected in the legal square footage and may complicate financing or future permitting.
Built in 1913, the property's age suggests potential requirements for significant maintenance or upgrades to century-old electrical, plumbing, and structural systems.
Rarely find beautiful single house in the heart of Alhambra, with large lot 7622 sf, and alley at the back, perfect for Add ADU. House has 2 bedroooms , 2 bath at the first floor ( title shown 3 bedrooms), with huge master bedroom, formal dining room , large family room and living room with new laminate floor. Large updated kitchen with granite counter top and many cabinets. There are 2 unpermitted bonus rooms up stair ,around 300 sf ( not including in the legal sf ).Large detached garage around 600+ sf, and has a storage room next to the garage. A lot of fruit trees at the back yard. House is located in Alhambra school district, walking distance to Elementary school and Valley Bl, very convenience to market and restaurant.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,466 | 1,396 | 59% |
| Lot Size | 7,624 | 6,348 | 83% |
| Price | $988.0K | $945.5K | 59% |
| Price per sq ft | $674 | $687 | 45% |
| Built year | 1913 | 1937 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 156 | 3% |
Apr 17, 2026
$988,000
Initial Listing
Nov 8, 1994
$216,000
Public Record