
Alhambra, California 91801
This Spanish Colonial Revival Fixer-Upper is a strategic acquisition in North Alhambra, listed at $999,900—positioned below the $1,010,738 Fair Market Value by 1%. This valuation gap provides $10,838 in Instant Equity. Carrying a Condition Rating of 5, the 1933 residence requires significant renovation but offers massive upside on an 8,044 sq ft lot bordering San Marino. Access to 9/10 Rated Schools like Marengo Elementary and South Pasadena High ensures long-term desirability. It is an ideal project for Restoration Specialists or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 Halsted Subject | $1,161,899 | 4 | 3 | 2,031 | $498 | - |
A 126 S Cordova Sold | $950,000 | 4 | 2 | 1,834 | $518 | 0.5 mi |
B 218 N Almansor Active Under Contract | $1,098,000 List Price | 3 | 3 | 1,795 | $612 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1933 and untouched for over 50 years, this property is explicitly marketed as a 'true fixer-upper' that is 'not for the faint of heart.' Interior images show original systems, heavily dated wallpaper, worn carpets, and a kitchen/bath footprint that requires a complete professional rehab to meet modern standards.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Situated in a highly desirable North Alhambra pocket bordering San Marino and San Gabriel, this property offers exceptional long-term value and prestige in a quiet, established neighborhood.
This 1933 Spanish Colonial Revival home features timeless integrity with arched windows and rounded doorways, providing a unique and charming foundation for a high-end restoration.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Marketed as a 'true fixer-upper' that is 'not for the faint of heart,' the property requires significant structural and cosmetic repairs, making it unsuitable for traditional financing or move-in buyers.
Offered for the first time in over 50 years, the home likely requires comprehensive updates to major systems and interiors to meet modern living standards, necessitating a large capital investment.
Opportunities like this rarely come to market—offered for the first time in over 50 years, this 4-bedroom, 2.5-bath residence on Halsted Circle is a true legacy property nestled in one of North Alhambra’s most desirable pockets, bordering the prestigious communities of San Gabriel and San Marino. Set on a quiet, established street, this home carries the charm and architectural integrity of the Spanish Colonial Revival era, showcasing arched windows, rounded doorways, and a layout that tells a story of timeless design. From the moment you step inside, you’re welcomed by an expansive living room filled with natural light, seamlessly transitioning into a formal dining area—spaces that once hosted decades of gatherings and are now ready to be reimagined. This is a true fixer-upper, and it’s important to be clear—this property requires updates, repairs, and vision. It is not for the faint of heart. It is for the buyer who understands opportunity… the one who can look beyond today’s condition and recognize what this home can become. The kitchen offers generous square footage, including a breakfast nook space, presenting a blank canvas for a custom transformation. The bathrooms are notably spacious, providing a strong foundation for modern redesign. Each bedroom holds its own character, with a layout that lends itself well to both functional living and elevated upgrades. Step outside and you’ll find a backyard that feels like a private sanctuary—lush, quiet, and full of potential. Whether you envision curated gardens, outdoor entertaining spaces, or a complete landscape redesign, the canvas is there to create something truly special. For the seasoned investor, this is a value-add opportunity in a location that consistently supports strong returns. For the end user with vision, this is a chance to customize a home in a neighborhood where finished properties command top-tier attention. And for those who understand legacy real estate, this is the kind of property you hold onto for generations. Ideally located near renowned art museums, botanical gardens, and local farmers markets, the lifestyle here blends culture, convenience, and community. Bring your contractor. Bring your designer. Bring your imagination. Because opportunities like this—on streets like this—don’t come around often.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-6 • 2.3 mi
Grades K-6 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 2,031 | 1,640 | 72% |
| Lot Size | 8,044 | 7,506 | 72% |
| Price | $1.16M | $1.16M | 50% |
| Price per sq ft | $572 | $733 | 19% |
| Built year | 1933 | 1933 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 156 | 6% |
Apr 9, 2026
$999,900
Initial Listing