
San Marino, California 91108
This Value-Add San Marino Estate presents a High-Potential Investment Opportunity with a List Price of $3,380,000, matching its $3,380,000 Fair Market Value. Currently holding an Outdated Condition Rating, the asset features a rare Permitted 875 sqft Pool House, Owned Solar Panels, and a Private Pool on an expansive 12,638 square foot lot. Located in the prestigious San Marino Unified School District, this property offers significant forced appreciation potential through interior modernization. This is a high-upside acquisition perfectly suited for Fix-and-Flip Investors or Owner-Occupants looking to customize a luxury residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1920 1920 Lorain Subject | $3,290,000* List Price | 5 | 4 | 4,015 | $819 | - |
A 2465 Lorain Road Sold | $2,800,000 | 4 | 4 | 3,172 | $883 | 0.6 mi |
B 2175 Roanoke Road Sold | $2,800,000 | 4 | 4 | 2,768 | $1,012 | 0.5 mi |
C 2295 Roanoke Road Sold | $3,200,000 | 4 | 3 | 3,082 | $1,038 | 0.6 mi |
D 1116 Lorain Road Sold | $3,150,000 | 4 | 4 | 3,606 | $874 | 0.7 mi |
E 2370 Melville Drive Active Under Contract | $3,299,000 List Price | 4 | 3 | 3,169 | $1,041 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928 and on the market for the first time in 40 years, the property is functional but significantly outdated. The kitchen features 1980s-style oak cabinetry and tile countertops, while the bedrooms and living areas show aged floral wallpaper and worn pink carpeting. While the addition of solar panels is a modern upgrade, the overall interior finishes, light fixtures, and likely the underlying electrical and plumbing systems require substantial modernization to meet current market standards.
Situated in the prestigious and highly sought-after San Marino neighborhood, known for its top-rated school district and luxury appeal.
Features a separate, permitted 875 sqft pool house with a bedroom, bathroom, and fireplace, offering excellent versatility for guests or multi-generational living.
Both the main residence and the guest house are equipped with owned solar panels, providing significant long-term utility savings and environmental benefits.
The interior of both structures requires updating and modernization, necessitating a substantial additional budget for renovations.
Multiple price reductions since the initial listing suggest the property has faced challenges in the current market, potentially impacting buyer perception.
Built in 1928, the home may require extensive inspections and potential upgrades to aging electrical, plumbing, or structural systems.
ANOTHER PRICE REDUCTION - SELLER WANTS IT SOLD! Five bed / Four bath two story home; over 4,000 square feet on a 12,638 square foot lot. Comes with an ADDITIONAL permitted separate 875 square foot 1 bd/ 1 bath pool house with living room and own fireplace at the rear of the property. Owned solar panels on both structures. First time on the market in 40 years. Interior of both structures could use some updating, but imagine the possibilities and value. Spacious pool and hot tub with private backyard. Located in prestigious San Marino and one of the most sought-after neighborhoods around! Opportunities like this don't come around often! Broker(s)/Agent(s)/Seller(s) do not guarantee the accuracy of any information provided including square footage, bed/bath count, lot size, lot dimensions, ordinances, zoning, rent control, permits, use code, permitted/unpermitted spaces, school boundary lines or eligibility, and/or other information concerning the conditions or features of the property provided by the Seller, obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals and rely on their own personal findings, investigations and professional sources.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 74% |
| Baths | 4.0 | 3.5 | 50% |
| Square foot | 4,015 | 3,051 | 74% |
| Lot Size | 12,678 | 13,405.5 | 46% |
| Price | $3.29M | $3.19M | 54% |
| Price per sq ft | $819 | $1.1K | 6% |
| Built year | 1928 | 1940 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 196 | 168 | 74% |
Mar 11, 2026
$3,290,000
$3,380,000
-3% Price Drop
Initial Listing
Feb 13, 2026
$3,380,000
$3,390,000
+0% Price Increase
Initial Listing
Feb 1, 2026
$3,390,000
$3,490,000
-3% Price Drop
Initial Listing
Jan 6, 2026
$3,490,000
$3,540,000
-1% Price Drop
Initial Listing
Dec 26, 2025
$3,540,000
$3,590,000
-1% Price Drop
Initial Listing
Dec 11, 2025
$3,590,000
$3,790,000
-5% Price Drop
Initial Listing
Nov 7, 2025
$3,790,000
$3,900,000
-3% Price Drop
Initial Listing
Oct 8, 2025
$3,900,000
Initial Listing