28 N 3rd Street A412, Alhambra, California 91801, Alhambra, 91801 - 3 bed, 2 bath
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Alhambra, California 91801
This Modern Turnkey Condominium is a Prime Investment Opportunity, listed at $749,995—positioned well below the $837,606 Fair Market Value by 10%. This valuation gap provides $87,611 in Instant Equity. Boasting an Excellent Condition Rating, the 2015-built residence features a rare layout with no shared walls and expansive mountain views. Located steps from Downtown Alhambra and near top-rated schools like Marengo Elementary, it offers a premium lifestyle with strong appreciation potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28 N 3rd Street A412 Subject | $749,995* List Price | 3 | 2 | 1,320 | $635 | - |
A 28 N 3rd A501 Sold | $799,000 | 3 | 2 | 1,260 | $634 | 0.0 mi |
B 28 N 3rd Street Sold | $800,000 | 2 | 2 | 1,200 | $667 | 0.0 mi |
C 408 W Main Street 2g Sold | $765,000 | 2 | 2 | 1,340 | $571 | 0.1 mi |
D 200 East Bay State Street C Sold | $715,000 | 3 | 3 | 1,295 | $552 | 0.4 mi |
E 168 S Monterey Street 511 Sold | $925,000 | 2 | 3 | 1,325 | $698 | 0.4 mi |
F 168 S Monterey Street 212 Sold | $820,000 | 2 | 3 | 1,200 | $683 | 0.4 mi |
G 210 N Monterey Street 409 Active | $699,000 List Price | 2 | 2 | 1,080 | $647 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015, this property falls within the 10-year window for excellent condition. The interior features a modern kitchen with high-gloss cabinetry, stainless steel appliances, and stone countertops. Bathrooms are highly contemporary, featuring vessel sinks and updated shower systems. The flooring, recessed lighting, and central HVAC systems appear to be in like-new condition with no visible deferred maintenance.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
This residence features a rare open floorplan with no shared walls, offering a quiet, detached-living atmosphere that is exceptionally difficult to find in a condominium setting.
Situated in the heart of Alhambra, the property provides immediate access to Downtown's vibrant dining scene, including the famous Fosselman's Ice Cream, and is just steps from Alhambra High School.
The monthly association fee of $423 represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
While the local high school is well-regarded, several of the closest elementary and middle schools carry lower performance ratings, which may be a drawback for families prioritizing top-tier primary education.
Elevated above the heart of Alhambra, this 3-bedroom, 2-bath residence captures an exceptional blend of natural light, mountain views, and central convenience. Designed for both comfort and functionality, the open-concept layout with no shared walls creates a quiet, private living experience that feels more like a standalone home. Expansive windows frame the surrounding views while filling the interior with light, enhancing the sense of space throughout. The flexible floor plan easily adapts to modern living, whether you're entertaining, working from home, or simply enjoying everyday life. Thoughtful features include central heat and air, an in-unit washer and dryer, and secure access for added ease and peace of mind.Ideally located just moments from Downtown Alhambra's vibrant dining scene, home to some of Los Angeles' best food, and local favorites like Fosselman's Ice Cream Co., this is a rare opportunity to enjoy privacy, views, and connectivity all in one.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.1 mi
Grades K-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,320 | 1,320 | 50% |
| Lot Size | 52,393 | 36,009 | 66% |
| Price | $750.0K | $755.0K | 45% |
| Price per sq ft | $568 | $568 | 50% |
| Built year | 2015 | 1992 | 72% |
| HOA | $423.0 | $300 | 72% |
| Days on market | 16 | 179 | 3% |
Apr 6, 2026
$749,995
Initial Listing
Jun 5, 2015
$590,000
Public Record