2421 Florentina, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 1 bath
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Alhambra, California 91803
This property presents a High-Potential Investment Opportunity with a List Price of $729,000—positioned well below the $724,865 Fair Market Value (Note: Market parity). While the home carries a Condition Rating of 5, its 1923 vintage and 6,501 square foot lot offer significant ADU potential and renovation upside. The property is currently tenant-occupied, requiring a strategic approach to possession. This is a value-add acquisition ideal for Buy-and-Hold Investors or experienced renovators looking to capitalize on the desirable Granada Park Tract location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2421 Florentina Subject | $729,000* List Price | 3 | 1 | 1,052 | $698 | - |
A 2508 El Paseo Sold | $850,555 | 3 | 1 | 1,156 | $736 | 0.1 mi |
B 2518 El Paseo Sold | $928,866 | 3 | 2 | 1,262 | $736 | 0.1 mi |
C 2320 Hagen Sold | $860,000 | 2 | 1 | 1,193 | $721 | 0.9 mi |
D 2432 Westmont Drive Sold | $932,000 | 3 | 2 | 1,345 | $693 | 0.4 mi |
E 2617 Westminster Sold | $830,000 | 2 | 2 | 1,371 | $605 | 0.3 mi |
F 2000 La Paloma Avenue Sold | $725,000 | 2 | 1 | 1,127 | $643 | 0.4 mi |
G 2904 Front Street Active | $880,000 List Price | 3 | 2 | 1,463 | $602 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 and described as being in 'mostly original condition,' this property is over 100 years old and lacks modern updates. The listing explicitly suggests a need for renovation and reimagining, indicating that the kitchen, bath, and major systems (HVAC/Electric) likely require a full rehab to address age-related defects and functional obsolescence.
Situated in the desirable Granada Park Tract, the property offers exceptional proximity to Downtown Alhambra, CSULA, and major freeways, ensuring strong long-term demand.
The generous 6,501 square foot lot provides significant opportunities for expansion or the addition of an Accessory Dwelling Unit (ADU), allowing for increased property value.
As a 'mostly original' 1923 structure, this home serves as an ideal blank canvas for investors or renovators to build immediate equity through modernization.
The property is sold with tenants in place, which presents a significant hurdle for owner-occupant buyers and may complicate traditional financing and possession.
With a 1923 build date and original condition, the home likely requires extensive capital improvements to its systems and only features a single bathroom for three bedrooms.
Situated in a desirable Alhambra location/ Granda Park Tract, this 3-bedroom, 1-bath home offers approximately 1,062 square feet of living space on a spacious 6,501 square foot lot, presenting an excellent opportunity to own in a sought-after area with future potential. In mostly original condition, the property offers a chance to update, renovate, or reimagine the space to fit your vision. The generous lot may provide opportunities for expansion or possible ADU potential (buyer to verify with city). Centrally located near Downtown Alhambra, Main Street dining and shopping, Almansor Park, Costco, California State University Los Angeles, and convenient access to the 10 and 710 freeways. Property is currently tenant occupied and will be sold with occupants in place. Buyers are encouraged to independently verify all property information, development possibilities, school enrollment, and tenant-related matters.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,052 | 1,374 |
| Lot Size | 6,501 | 7,321 |
| Price | $729.0K | $1.05M |
| Price per sq ft | $693 | $708 |
| Built year | 1923 | 1929 |
| HOA | $0 | $0 |
| Days on market | 47 | 43 |
Jun 5, 2026
$729,000
Initial Listing
Jul 21, 1988
$164,000
Public Record