2490 Lorain Road, San Marino, California 91108, San Marino, 91108 - 3 bed, 2 bath
Loading property details...
San Marino, California 91108
This Versatile Traditional Residence represents a High-Potential Investment Opportunity, listed at $1,799,000—positioned well below the $2,039,429 Fair Market Value by 11%. This valuation gap offers $240,429 in Instant Equity. Featuring a 3-bedroom, 2-bath layout with a pool, spa, and 580 sqft detached bonus space, the property maintains a Condition Rating of 3. With significant ADU potential and a large 10,010 sqft lot, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2490 Lorain Road Subject | $1,799,000* List Price | 3 | 2 | 1,819 | $1,121 | - |
A 2270 Brentford Rd Sold | $2,150,000 | 3 | 3 | 1,702 | $1,263 | 0.3 mi |
B 2882 Woodlawn Avenue Sold | $2,300,000 | 3 | 2 | 1,990 | $1,156 | 0.4 mi |
C 2130 Sherwood Sold | $2,161,473 | 3 | 2 | 1,740 | $1,242 | 0.4 mi |
D 2080 Robin Road Sold | $2,000,000 | 4 | 3 | 2,160 | $926 | 0.2 mi |
E 1470 Del Mar Sold | $1,570,000 | 3 | 2 | 1,507 | $1,042 | 0.4 mi |
F 2810 Somerset Place Active | $1,800,000 List Price | 3 | 2 | 1,518 | $1,186 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1938 but shows signs of consistent maintenance and mid-range updates. The kitchen features high-end stainless steel appliances (DCS, Bosch) and the interior boasts recessed lighting and well-kept hardwood floors. While the cabinetry and laundry area are slightly dated, the home is functional and move-in ready, fitting the 10-20 year maintenance profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10010, living area = 1819.
The property features a generous 10,010 sqft lot complete with a pool, spa, waterfall, and an expansive deck, creating a private backyard oasis perfect for relaxation and entertaining.
The detached two-car garage includes approximately 580 square feet of additional bonus space, offering a versatile opportunity for a guest suite, home office, or rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1819, other record living area = 1703. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1938, the home may require significant capital investment for modernizing systems or interior finishes to align with contemporary luxury standards.
At 1,819 square feet, the interior living space is relatively modest for the price point, which may be a constraint for larger families or buyers seeking more expansive room scales.
Discover timeless charm and exceptional potential in this traditional 3-bedroom, 2-bath home built in 1938. Designed for both everyday living and entertaining, the spacious, light-filled living room welcomes you with abundant natural light and a classic brick fireplace, creating a warm and inviting focal point.The large formal dining room provides the perfect setting for gatherings, while the kitchen features a cozy breakfast nook with built-in cabinetry, adding character and functionality. The kitchen boasts a 5- burner DCS range/oven, Kenmore Elite refrigerator and Bosch dishwasher.The private primary suite and an additional bedroom both enjoy direct access to an expansive deck overlooking the backyard oasis. Relax and unwind while taking in views of the sparkling pool, complete with a spa and beautiful waterfall feature that creates a resort-like atmosphere. The third bedroom has an en suite bath and a large closet.Adding to the property's appeal is a detached two-car garage accompanied by approximately 580 square feet of additional space divided into two rooms. A long private driveway extends from the motorized front gate to the rear of the property, providing ample off-street parking and enhanced privacy. With excellent ADU potential (buyer to verify), this versatile area offers exciting possibilities for a guest suite, home office, studio, rental income opportunity, or multigenerational living. Combining classic architecture, indoor-outdoor living, and future expansion potential, this exceptional property is ready to be enjoyed and personalized for years to come.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,819 | 2,662 |
| Lot Size | 10,010 | 11,557 |
| Price | $1.80M | $3.07M |
| Price per sq ft | $989 | $1.1K |
| Built year | 1938 | 1948 |
| HOA | $0 | $0 |
| Days on market | 22 | 49 |
Jun 30, 2026
$1,799,000
Initial Listing