
Alhambra, California 91801
This property presents a High-Potential Investment Opportunity with a List Price of $849,998—positioned well above the $818,307 Fair Market Value by -3%. Featuring a Condition Rating of 5, this 1931-built Single Family Residence requires a full rehab, offering significant upside through its 6,604 sqft lot and ADU Potential. Located in the award-winning Alhambra School District near top-rated schools like Mark Keppel High, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1833 S Chapel Subject | $860,000 | 2 | 1 | 1,024 | $799 | - |
A 1424 S Stoneman Avenue Sold | $880,000 | 2 | 1 | 1,155 | $762 | 0.3 mi |
B 1428 S Stoneman Avenue Sold | $880,000 | 2 | 1 | 1,200 | $733 | 0.3 mi |
C 1012 S 2nd Street Sold | $1,088,000 | 2 | 1 | 1,217 | $894 | 0.8 mi |
D 1609 S Sierra Vista Sold | $920,000 | 2 | 2 | 1,234 | $746 | 0.2 mi |
E 1128 S 2nd Street Active Under Contract | $987,500 List Price | 2 | 1 | 1,291 | $765 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1931 with no evidence of recent major renovations. The interior features highly dated finishes including brown shag carpeting and older fixtures. Listed 'As-Is,' suggesting that the kitchen, bathroom, and primary systems (HVAC/Electric) are well beyond their expected life cycles and require a full rehab.
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 features a generous 6,604 sqft flat lot, offering a significant opportunity for an Accessory Dwelling Unit (ADU) to increase living space or rental income.
Situated in the highly sought-after Alhambra School District, the home is less than half a mile from the top-rated Mark Keppel High School, ensuring long-term value.
The property is being sold in as-is condition, which likely implies deferred maintenance or the need for significant updates given its 1931 original construction.
With only one bathroom for a two-bedroom home, the property may face challenges in appeal for modern families or those looking for more convenience.
A rare affordable single family house with 2 bedrooms and 1 bathroom, open floor plan with a large flat back yard, possible for an ADU. A welcoming living room with a fireplace, and a stylish kitchen with storage and breakfast area which has view to the front yard. An office next to the kitchen is an idea for a home office or a formal dinning room. Quite neighborhood, located within the highly sought-after, award-winning Alhambra School District, this home is also close to a wide variety of shopping, dining, and everyday amenities, with easy freeway access. Property is Sold AS-IS.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 1.6 mi
Grades K-6 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 1,024 | 1,501 | 14% |
| Lot Size | 6,604 | 7,267 | 41% |
| Price | $860.0K | $1.16M | 19% |
| Price per sq ft | $840 | $768 | 65% |
| Built year | 1931 | 1931 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 122 | 5% |
May 21, 2026
$849,998
Initial Listing