
Alhambra, California 91801
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $999,000—positioned well below the $1,025,982 Fair Market Value by 2%. This valuation gap offers $26,982 in Instant Equity. Featuring a Condition Rating of 2, the home includes a 2023 roof and 2020 HVAC system. Located in the Alhambra Historic Park District with ADU Potential in the detached garage, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 N Ethel Avenue Subject | $999,000* List Price | 3 | 2 | 1,293 | $793 | - |
A 228 Hampden Terrace Sold | $1,135,311 | 3 | 2 | 1,320 | $860 | 0.9 mi |
B 504 N 1st St Active | $1,195,000 List Price | 3 | 2 | 1,306 | $915 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features significant recent upgrades including a new roof (2023) and a new HVAC system (2020), both within the 5-year window. The kitchen has been fully modernized with contemporary cabinetry, stone countertops, and updated appliances. With refinished hardwood floors and mint interior condition, the home is move-in ready and meets the criteria for a recent high-quality renovation.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Situated in the prestigious Alhambra Historic Park District on a corner lot, this home offers timeless character and exceptional proximity to South Pasadena, shopping, and major freeway access.
The property features a new roof installed in 2023 and a new central air and heating system from 2020, providing peace of mind and reducing immediate maintenance costs for the buyer.
At 1,293 square feet for a three-bedroom residence, the living spaces may feel somewhat confined for larger families or those accustomed to more modern, open-concept proportions.
While the property is located near high-ranking South Pasadena schools, it is officially within the Alhambra school district, which may be a drawback for buyers specifically targeting the South Pasadena Unified School District.
Nestled on a picturesque corner lot in the highly sought-after Alhambra Historic Park District, this beautifully maintained 3-bedroom, 2-bath residence blends timeless character with modern comfort. Offering 1,293 square feet of inviting living space, this charming home boasts exceptional curb appeal highlighted by a welcoming step-down front patio. Inside, refinished hardwood floors flow throughout the home, complemented by thoughtful updates including a new roof installed in 2023 and new central air and heating system added in 2020. The spacious floor plan features a formal living room with a classic fireplace, an elegant dining area, and a bright kitchen with a cozy breakfast nook framed by a large bay window. A comfortable family room overlooks the expansive and private backyard, creating the perfect setting for relaxing or entertaining. Situated on a generous 6,585 square foot lot, the property also includes a detached two-car garage with excellent ADU potential. The backyard is enhanced by a variety of mature fruit trees, offering both beauty and tranquility. Ideally located near shopping, schools and colleges, popular restaurants, and golf courses, with convenient access to the 10, 710, and 60 freeways, this move-in ready home presents an exceptional opportunity in one of Alhambra's most desirable neighborhoods. Don't miss it!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,293 | 1,547 | 31% |
| Lot Size | 6,585 | 7,363.5 | 31% |
| Price | $999.0K | $1.16M | 33% |
| Price per sq ft | $773 | $754 | 61% |
| Built year | 1936 | 1932 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 131 | 3% |
May 14, 2026
$999,000
Initial Listing
Jan 23, 2014
$610,000
Public Record