
Alhambra, California 91801
This Residential Income Duplex featuring 4 Beds and 2 Baths is a prime Value-Add Asset in Alhambra, offered at a List Price of $1,195,000. While positioned above the $988,146 Fair Market Value, the property’s appeal lies in its expansive 7,268 Sqft Lot and ADU Development Potential. Carrying a Condition Rating of 5, the 1953 structure requires a complete overhaul, allowing for significant forced appreciation. Located within the Alhambra High School District near Mark Keppel High (9/10), this is a strategic acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 S Cordova Subject | $1,195,000* List Price | 4 | 2 | 1,568 | $630 | - |
A 113 S 5th Street Sold | $1,095,000 | 0 | 0 | 1,873 | $585 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer-opportunity' and a 'rehab' project, suggesting that the 1953 interior requires a total overhaul. While the exterior shows some updated components like mini-split cooling systems and digital electrical meters, the lack of interior images and the agent's description of building a 'dream home' or 'completely rehab' indicate that the kitchen, bathrooms, and general living areas require substantial repairs and modernization to be competitive in the current market.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
As a duplex on a large lot, this property offers multiple high-value strategies, including house-hacking, multi-unit rental income, or the addition of an ADU to maximize cash flow.
The generous 7,268 square foot lot is a rare find in Alhambra, providing significant space for potential expansion, redevelopment, or the construction of a custom dream home.
The property is positioned as a fixer-opportunity, suggesting that significant capital investment will be needed to modernize the 1953 structure and bring it up to current market standards.
With a list price of $1,195,000 for a property requiring a total overhaul, the initial cost basis may be challenging for investors looking for immediate turn-key returns.
This is a duplex in a lovely area of Alhambra! Don't miss out. It has a large lot over 7000 square feet. The neighborhood is wonderful! There are SO MANY possibilities with this property. It could be as simple as living in one unit and renting out the other. You could build an ADU and collect more rent. You could completely rehab and build your dream home. Others have done it in the area.
No exterior & parking available.
Grades K-6 • 1.8 mi
Grades K-5 • 2.0 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 55% |
| Baths | 2.0 | 0.0 | 55% |
| Square foot | 1,568 | 1,873 | 18% |
| Lot Size | 7,268 | 7,268 | 50% |
| Price | $1.20M | $1.09M | 55% |
| Price per sq ft | $762 | $619 | 82% |
| Built year | 1953 | 1936 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 141 | 9% |
Apr 8, 2026
$1,195,000
Initial Listing