2330 Lorain, San Marino, California 91108, San Marino, 91108 - 4 bed, 3 bath
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San Marino, California 91108
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $2,860,000—positioned slightly above the $2,833,618 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and expansive 10,871 sqft lot offer significant upside for value-add renovation. Located in the prestigious San Marino Unified School District, the home provides long-term stability and development potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a legacy estate in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2330 Lorain Subject | $2,860,000* List Price | 4 | 3 | 3,135 | $904 | - |
A 2270 Melville Drive Sold | $2,660,000 | 4 | 3 | 3,282 | $810 | 0.3 mi |
B 2370 Melville Drive Sold | $3,070,000 | 4 | 3 | 3,169 | $969 | 0.3 mi |
C 2464 Sherwood Sold | $2,705,000 | 4 | 5 | 2,620 | $1,032 | 0.2 mi |
D 2465 Lorain Road Sold | $2,800,000 | 4 | 4 | 3,172 | $883 | 0.2 mi |
E 989 Winston Avenue Sold | $2,885,000 | 3 | 3 | 2,810 | $1,027 | 1.0 mi |
F 1490 Bellwood Rd Sold | $2,380,000 | 3 | 6 | 2,412 | $987 | 0.7 mi |
G 1665 Lorain Road Active Under Contract | $3,480,000 List Price | 4 | 5 | 3,042 | $1,144 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937 and held by the same family for decades, the property is well-maintained and functional but significantly dated. While the interior appears clean and staged, the age of the structure and the listing's suggestion to 'renovate or build' indicate that the kitchen, bathrooms, and core systems likely require updates to meet modern standards.
Situated in the prestigious San Marino Unified School District near Lacy Park and The Huntington Library, offering unmatched neighborhood prestige and long-term investment stability.
The expansive 10,871 sqft lot and generous 3,135 sqft footprint provide a rare canvas for a high-end renovation, expansion, or the creation of a custom dream estate.
Built in 1937, the home retains timeless 1930s craftsmanship and architectural grace, featuring a light-filled floor plan that is highly sought after in the San Marino market.
Having been held by the same family for decades, the property likely requires significant capital expenditure to modernize systems, utilities, and finishes to meet contemporary luxury standards.
The current list price reflects a substantial increase from its recent prior sale, which may limit the immediate upside for investors or buyers looking for a value-add opportunity.
**Offer deadline is 6/11 5pm** Nestled on a quiet tree-lined street in the prestigious city of San Marino, 2330 Lorain Rd presents a rare opportunity to own a timeless residence in one of Southern California’s most desirable neighborhoods. Lovingly held by the same family for decades, this home offers classic character, exceptional potential, and an expansive lot surrounded by mature landscaping and elegant estates. The property showcases a warm and inviting floor plan filled with natural light, spacious living areas, and charming architectural details that reflect the grace and craftsmanship of a bygone era. The generous backyard provides endless possibilities for outdoor entertaining, gardening, expansion, or creating your dream estate retreat. Located within the award-winning San Marino Unified School District and just moments from Lacy Park, The Huntington Library, fine dining, and shopping, this property combines prestige, privacy, and convenience. Whether you are looking to preserve its original charm, renovate, or build your dream home, this is a truly special opportunity in one of San Marino’s most sought-after locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,135 | 3,053 | 52% |
| Lot Size | 10,871 | 13,099 | 40% |
| Price | $2.86M | $3.17M | 42% |
| Price per sq ft | $912 | $1.1K | 21% |
| Built year | 1937 | 1941 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 128 | 6% |
Jun 1, 2026
$2,860,000
Initial Listing
Jul 31, 2024
$2,300,000
Public Record