
Alhambra, California 91801
This Mid-Century Value-Add Asset is listed at $1,200,000, positioned near its $1,078,419 Fair Market Value. Carrying a Condition Rating of 5, the property requires a strategic renovation to modernize its 1954 systems and finishes. Key value drivers include sweeping city views, a 7,079 sq. ft. lot, and proximity to Top-Rated 9/10 South Pasadena Schools. Located on the Alhambra-Los Angeles border with excellent freeway access, this acquisition offers significant forced appreciation potential. This project is an ideal match for Contractors or Value-Add Investors seeking a high-upside residential project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 216 Stockbridge Avenue Subject | $1,200,000* List Price | 2 | 2 | 1,487 | $725 | - |
A 312 S Meridian Avenue Sold | $1,050,000 | 2 | 1 | 1,118 | $939 | 0.2 mi |
B 2400 W Main Street Sold | $995,000 | 3 | 2 | 1,664 | $598 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 and on the market for the first time in 40 years, this property explicitly 'needs a little TLC' and is marketed as a 'DIY project.' The absence of interior images, particularly of the kitchen and bathrooms, strongly suggests these areas are significantly outdated and require substantial renovation. The age of the home and lack of recent updates indicate major systems and finishes are likely beyond their expected lifespan and will need significant investment to meet modern standards and comfort.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7079, living area = 1487.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Centrally located on the border of Alhambra and Los Angeles, offering excellent access to major freeways (110, 10, 710) and proximity to SGV, East LA, and DTLA for dining and entertainment.
The property explicitly 'needs a little TLC' and is presented as a 'DIY project,' indicating substantial renovation and modernization costs beyond the purchase price.
Built in 1954, the home's mid-century construction suggests that systems and finishes are likely outdated and will require significant upgrades to meet contemporary standards.
With only 2 bedrooms and 2 bathrooms, the home's size may be a limiting factor for some buyers, particularly families, given the overall square footage and price point.
First time on the market in 40 years. A centrally located amazing home that needs a little TLC to become your forever home. Built in the mid century this home has 2 beds and 2 baths along with an attached garage located on the border of Alhambra and Los Angeles. The property has been tenant occupied for many years so there is no long term lease in place. This can be your DIY project of your dreams or you can bring a contractor with you to see how they would accentuate the home's sweeping city views. This home is nestled in a very quiet neighborhood with barely any through traffic and surrounded by nature. The home is 1,473 sq ft on a large 7,000+ sq. ft lot, and did we mention the views? Close to all the conveniences living in the SGV offers. Shopping and entertainment options are close by on Main St and Huntington Blvd. with a Target and Costco nearby too. And if you love food, the home is minutes away from SGV, East LA and DTLA. Conveniently located with access to major freeways: The 110, The 10 and The 710 , you can be on the highway to work or play quickly. This classic home in an amazing neighborhood won't last! Get it before it's gone!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,487 | 1,590 | 38% |
| Lot Size | 7,079 | 7,476.5 | 35% |
| Price | $1.20M | $1.16M | 53% |
| Price per sq ft | $807 | $734 | 68% |
| Built year | 1954 | 1931 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 87 | 160 | 26% |
Jan 25, 2026
$1,200,000
Initial Listing