518 N Stoneman Avenue, Alhambra, California 91801, Alhambra, 91801 - 2 bed, 3 bath
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Alhambra, California 91801
This Move-in Ready Townhome represents a Strong Value Opportunity, listed at $738,888—positioned well below the $774,336 Fair Market Value by 4%. This valuation gap offers $35,448 in Instant Equity for the buyer. With a Condition Rating of 3, the residence features a functional layout, private en-suite bedrooms, and a spacious wraparound patio. Located in the Alhambra High School District near top-rated schools like Marengo Elementary, this property is an ideal choice for first-time buyers or owner-occupants seeking a turnkey, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 518 N Stoneman Avenue Subject | $738,888* List Price | 2 | 3 | 1,480 | $523 | - |
A 108 E Commonwealth Sold | $770,000 | 3 | 3 | 1,433 | $537 | 0.6 mi |
B 598 S 2nd D Sold | $603,000 | 2 | 2 | 1,103 | $547 | 0.9 mi |
C 105 N El Molino Street E Sold | $705,000 | 2 | 3 | 1,451 | $486 | 0.7 mi |
D 83 E Commonwealth 3c Sold | $678,000 | 2 | 2 | 1,310 | $518 | 0.6 mi |
E 830 N Garfield Ave #f Sold | $708,000 | 3 | 3 | 1,260 | $562 | 0.3 mi |
F 408 W Main Street 2g Sold | $765,000 | 2 | 2 | 1,340 | $571 | 0.6 mi |
G 419 N 2nd St E Active | $738,000 List Price | 4 | 3 | 1,351 | $546 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992 (32 years old), the property presents as well-maintained and move-in ready. It features updated laminate flooring, modern laundry appliances, and fresh neutral paint, suggesting renovations within the 5-15 year window that elevate it above the 'Fair' category despite its chronological age.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
The property includes three direct-access subterranean garage spaces, a rare and highly valuable feature for a two-bedroom townhome in a high-density area like Alhambra.
At just $276 per month, the HOA dues are exceptionally low for the region, significantly enhancing the property's long-term affordability and investment appeal.
With only two bedrooms, the property may see restricted demand from larger families or buyers requiring multiple dedicated home office spaces.
The listing specifies no views, which may be a drawback for buyers who prioritize aesthetic outlooks or the elevated feel often expected in multi-level townhome living.
Move-in ready townhome located in desirable North Alhambra, just minutes from dining, shopping, parks, and convenient freeway access. This light-filled residence features a functional floor plan with spacious living areas, a cozy fireplace, and two built-in dry bar/entertaining areas that add both charm and functionality to the downstairs living space. A convenient guest half bathroom is also located on the main level. Upstairs, both generously sized bedrooms feature their own private bathrooms for added comfort and convenience. The primary suite offers a private balcony along with a dedicated vanity area, walk-in closet, and full bathroom, creating an ideal retreat. The inviting kitchen and dining area open to a spacious wraparound patio, perfect for entertaining, outdoor dining, lounging, or enjoying Southern California living year-round. Additional highlights include direct-access to 3 subterranean garage parking spaces, guest parking, in-unit laundry, and well-kept community grounds. The HOA dues are also exceptionally low at just $276 per month. Conveniently located near Main Street, South Pasadena, and San Marino, offering an ideal blend of comfort, privacy, and accessibility.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.1 mi
Grades K-6 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,480 | 1,310 | 80% |
| Lot Size | 23,514 | 36,009 | 29% |
| Price | $738.9K | $750.0K | 49% |
| Price per sq ft | $499 | $571 | 20% |
| Built year | 1992 | 2006 | 43% |
| HOA | $276.0 | $351 | 34% |
| Days on market | 25 | 156 | 6% |
May 19, 2026
$738,888
Initial Listing
Jul 18, 2000
$200,000
Public Record