208 N Marguerita Avenue, Alhambra, California 91801, Alhambra, 91801 - 4 bed, 3 bath
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208 N Marguerita Avenue
Alhambra, California 91801
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,454Sq Ft
18,101Lot Size
Property Price
LIST PRICE$720,000
EST. MARKET VALUE
$785,678
8% BelowMARKET VALUE
SUMMARY
This 4-bedroom condominium represents a Strong Value Opportunity, listed at $720,000—positioned well below the $785,679 Fair Market Value by 8%. This valuation gap provides $65,679 in Instant Equity. Featuring a Condition Rating of 2, the unit is move-in ready with modern stone countertops and stainless-steel appliances. Located in a highly walkable North Alhambra neighborhood near top-rated schools like Marengo Elementary, this property is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy.
Estimated Market Value
$785,678+$65,678 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Alhambra.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 208 N Marguerita Avenue Subject | $720,000* List Price | 4 | 3 | 1,454 | $540 | - |
A 1713 Vine Street B Sold | $700,000 | 3 | 3 | 1,342 | $522 | 0.4 mi |
B 217 E Commonwealth Avenue F Sold | $740,000 | 3 | 3 | 1,324 | $559 | 1.0 mi |
C 419 N 2nd St E Sold | $738,000 | 4 | 3 | 1,351 | $546 | 0.7 mi |
D 200 East Bay State Street C Sold | $715,000 | 3 | 3 | 1,295 | $552 | 0.9 mi |
E 1712 Pepper St #a Sold | $700,000 | 3 | 3 | 1,370 | $511 | 0.3 mi |
F 218 La France Avenue E Sold | $765,000 | 3 | 3 | 1,435 | $533 | 0.7 mi |
G 1900 Vine B Sold | $768,000 | 3 | 3 | 1,379 | $557 | 0.5 mi |
H 904 S 2nd E Sold | $650,000 | 3 | 2 | 1,376 | $472 | 0.8 mi |
I 105 S Marguerita Avenue C Active | $750,000 List Price | 4 | 4 | 1,408 | $533 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1979, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with stone countertops and stainless steel appliances, updated bathrooms with contemporary vanities and fixtures, new laminate flooring, and recessed lighting throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
- Prime Walkable Location
Situated in the highly desirable North Alhambra area, the property offers exceptional walkability to the theater, markets, and a diverse array of local restaurants and shops.
- High Income Potential
The 4-bedroom layout, including a convenient downstairs bedroom and full bath, makes this an ideal investment for house-hacking where rental income can significantly offset mortgage payments.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18101, other record lot size in square feet = 7550.
- Aging Infrastructure
Built in 1979, the property may soon require updates to older mechanical systems or common area elements typical of buildings from this era.
- Limited Private Outdoor Space
As a high-density condominium, the property lacks a private yard or significant outdoor area, which may be a drawback for buyers with pets or those seeking gardening space.
About 208 N Marguerita Avenue
High Ceiling with bonus room. Suitable for both investment and owner occupancy .Charming 4-bedroom , 3-full bathroom condo ,desire location of North Alhambra city, walk to the theater, market a many local restaurants and shops. A large living room with high ceiling with crystal light , and bright large window , fire place, laminated flooring throughout the entire unit. stone countertops, white cabinets, stainless - steel refrigerator, recessed lights. One bedroom down stairs with full bath. Large master bedroom with another two bedrooms upstairs. Ready for moving in. HOA inclduing water, trash, roof, HOA insurance...One master room for live , all other three bedrooms are for rent .The rent can cover the mortgage payment . Welcome to show this property , don't miss this opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 18,101 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Alhambra Unified Schools
Marengo Elementary School
Grades K-5 • 1.5 mi
9/10
Cesar Chavez Elementary School
Grades K-6 • 1.7 mi
3/10
Sierra Park Elementary School
Grades K-6 • 1.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.5 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,454 | 1,190.5 |
| Lot Size | 18,101 | 34,041.433 |
| Price | $720.0K | $687.5K |
| Price per sq ft | $495 | $558 |
| Built year | 1979 | 1990 |
| HOA | $200.0 | $346 |
| Days on market | 19 | 94 |
Pricing History
Listed for Sale
Aug 21, 2026
$720,000
Initial Listing