2037 S 3rd, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 2 bath
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Alhambra, California 91803
This Turnkey Modernized Residence is a Prime Investment Opportunity listed at $899,900—positioned well below the $937,269 Fair Market Value by 3%. This valuation provides $37,369 in Instant Equity for a property boasting an Excellent Condition Rating following a comprehensive 2023 renovation. Featuring a brand-new kitchen, master suite expansion, and solar power system, the home is zoned for the elite Alhambra School District, including the 10/10 Ramona Elementary. This move-in-ready asset is an ideal match for Owner-Occupants and growing families seeking long-term stability and modern luxury.
Property is new construction or fully renovated.
The property has undergone a comprehensive, turnkey renovation completed in 2023, featuring a brand-new kitchen with modern shaker cabinets and stainless steel appliances, updated bathrooms with contemporary tile work, and new flooring throughout. Major systems have been fully modernized, including a new 200-amp electrical panel, copper plumbing, dual-pane windows, split AC units, a newer roof, and solar panels, meeting the highest standards for recent extensive renovation.
The property has undergone extensive recent upgrades including a brand new kitchen, bathrooms, flooring, 200-amp electrical panel, copper plumbing, and a newer roof, offering a move-in ready experience with minimal maintenance required.
Zoned for the highly desirable Alhambra School District, the property is served by Ramona Elementary (10/10) and Alhambra High School (8/10), providing significant appeal for families and supporting long-term property value.
The home was professionally expanded from 944 to 1,368 square feet with full city permits, resulting in a more functional layout that includes a large master suite and three full bedrooms.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1364, other record living area = 916.
The property comes with a monthly solar payment of $253, which is a significant recurring fixed cost that potential buyers must assume as part of their monthly housing expenses.
At 4,404 square feet, the lot is relatively compact for a single-family residence, which may limit outdoor recreational space or future exterior expansion possibilities.
This turnkey property is located at the heart of Alhambra and close to shops, parks, schools, and only 15 minutes to downtown Los Angeles. Property features with 3 bedrooms and 2 bathrooms, 2 good size bedrooms with one large master suite, open kitchen and living room. Brand new kitchen and bathrooms, new flooring and new paint inside out, new concrete driveway and fence around the property, updated electrical panel with 200-amp, new dual panel windows, new copper pipelines, new AC split units and new kitchen appliances, new garage door and updated roof since 2023 and many more upgrades at the property. Paid-off solar which was installed in 2023. Don't miss this opportunity to check out this wonderful property. Excellent Alhambra School District, Ramona Elementary School, K-8, 10/10 and Alhambra High School, 8/10. Permit from City of Alhambra for house extension from the original plan of 944 sq ft to 1368 sq ft and solar agreement have been attached under supplement list for your reference.
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 | 1,364 | 1,371 | 48% |
| Lot Size | 4,404 | 6,273 | 10% |
| Price | $940.0K | $940.0K | 50% |
| Price per sq ft | $689 | $688 | 52% |
| Built year | 1923 | 1937 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 156 | 3% |
Apr 19, 2026
$940,000
$899,900
+4% Price Increase
Initial Listing
Mar 31, 2026
$899,900
Initial Listing
Nov 25, 2024
$847,000
Public Record
Dec 27, 2005
$525,000
Public Record