
Alhambra, California 91801
This 2-bedroom, 2-bathroom condominium is a High-Potential Investment Opportunity, listed at $525,000—positioned slightly above the $497,111 Fair Market Value. While the property carries a Fair Condition Rating due to original 2004 finishes, its prime location in the heart of Alhambra offers exceptional walkability to Main Street and proximity to Top-Rated Schools like Marengo Elementary and South Pasadena High. This asset provides a stable, low-maintenance lifestyle with excellent freeway access, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 580 W Main Street 302 Subject | $525,000* List Price | 2 | 2 | 740 | $672 | - |
A 580 W Main Street 318 Sold | $525,000 | 2 | 2 | 737 | $712 | 0.0 mi |
B 111 N 2nd 316 Sold | $458,000 | 1 | 2 | 720 | $636 | 0.3 mi |
C 228 S Olive A312 Sold | $650,000 | 2 | 2 | 940 | $691 | 0.3 mi |
D 580 W Main St 220 Active | $532,000 List Price | 2 | 2 | 737 | $722 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old and falls into the 'Fair' category. While the listing describes it as move-in ready and well-maintained, the kitchen features original dated wood cabinetry and white appliances that have not been modernized, meeting the criteria for a property over 20 years old needing updates.
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 heart of Alhambra, this property offers exceptional walkability to Main Street’s vibrant selection of restaurants, cafes, and shopping centers.
Built in 2004, the condo features a split-bedroom floor plan that maximizes privacy and natural light, making it ideal for roommates or a home office setup.
With only 740 square feet for a two-bedroom, two-bathroom unit, the interior dimensions are quite compact and may feel restrictive for some buyers.
The monthly association fee of $429.61 represents a significant recurring expense relative to the property's size and price point.
Stylish Condo in the Heart of Alhambra, a beautifully maintained 2-bedroom, 2-bathroom condominium ideally located in the heart of Alhambra. Offering a bright and functional floor plan, this home combines comfort, convenience, and low-maintenance living. The spacious living and dining areas are filled with natural light, creating an inviting atmosphere for both relaxing and entertaining. The thoughtfully designed layout provides privacy between the bedrooms, making it ideal for families, roommates, or those working from home. Enjoy an unbeatable location just moments from Main Street, where you’ll find an incredible selection of restaurants, cafés, shopping, supermarkets, and entertainment. With convenient access to the 10, 710, and 110 Freeways, commuting to Downtown Los Angeles, Pasadena, and surrounding cities is quick and easy. Whether you’re a first-time homebuyer, downsizing, or looking for a great investment opportunity, this move-in ready condo offers exceptional value in one of Alhambra’s most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.0 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 740 | 1,343 |
| Lot Size | 92,118 | 21,531 |
| Price | $525.0K | $713.2K |
| Price per sq ft | $709 | $564 |
| Built year | 2004 | 1988 |
| HOA | $429.61 | $390 |
| Days on market | 26 | 87 |
Jun 26, 2026
$525,000
Initial Listing
Jun 18, 2021
$510,000
Public Record
May 18, 2005
$355,000
Public Record
Dec 10, 2004
$236,000
Public Record