2952 W Shorb Street, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 2 bath
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Alhambra, California 91803
This property presents a Strong Value Opportunity with a List Price of $600,000—positioned well below the $667,330 Fair Market Value by 10%. This valuation gap offers $67,330 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), this Dual-Unit Asset requires significant renovation but offers immense potential for rental income or multi-generational living within the Alhambra Unified School District. This is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors seeking to unlock value through strategic rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2952 W Shorb Street Subject | $600,000* List Price | 3 | 2 | 1,244 | $536 | - |
A 2309 S Fremont Avenue Sold | $678,080 | 3 | 2 | 1,146 | $592 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 and explicitly marketed as a 'fixer opportunity,' this 100+ year old property shows significant deferred maintenance, including a dilapidated porch and aged exterior. The listing suggests a need for total transformation and verification of the legality of improvements, indicating likely safety/structural defects and outdated systems requiring a full rehab.
The property features two separate living units (a 2-bedroom front unit and a 1-bedroom rear unit), offering excellent potential for rental income or multi-generational living.
Situated in a desirable Alhambra neighborhood within the highly-regarded Alhambra Unified School District, ensuring strong long-term demand and resale value.
Priced as a fixer-upper, this property provides a rare opportunity for investors or contractors to build substantial equity through strategic renovations and modernization.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1244, other record living area = 884. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
As a designated fixer opportunity built in 1923, the property likely requires significant capital investment for structural, cosmetic, and system upgrades.
The listing requires buyers to verify the legality and permits of all improvements, which may pose risks regarding the status of the rear unit or square footage.
Fixer opportunity with income and future potential in desirable Alhambra! Whether you're an investor, contractor, or buyer looking to build equity, this property offers a rare chance to transform and maximize its potential. The property features two separate living units: the front unit offers 2 bedrooms, 1 bathroom, and an inside laundry area, while the rear unit includes 1 bedroom, 1 bathroom, and a kitchen. (Buyer to verify permits, square footage, zoning, and legality of all improvements.) Situated within the highly regarded Alhambra Unified School District, this property presents multiple possibilities for owner-occupants, investors, or multi-generational living. Conveniently located near shopping, dining, parks, schools, and major transportation routes. Bring your vision and unlock the value of this unique property with endless potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,244 | 1,374 |
| Lot Size | 4,603 | 7,321 |
| Price | $600.0K | $1.05M |
| Price per sq ft | $482 | $708 |
| Built year | 1923 | 1929 |
| HOA | $0 | $0 |
| Days on market | 26 | 43 |
Jun 26, 2026
$600,000
Initial Listing