
Alhambra, California 91801
This Rare Two-Level Penthouse is a Strong Value Opportunity, listed at $939,000—positioned well below the $1,040,045 Fair Market Value by 9%. This valuation gap offers $101,045 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the expansive 2,014-square-foot layout features soaring ceilings, mountain views, and a rare three-car parking allocation. Located in the heart of Downtown Alhambra with access to top-rated schools like Marengo Elementary (9/10), it perfectly balances luxury lifestyle with investment security. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 580 W Main Street 323 Subject | $939,000* List Price | 3 | 3 | 2,014 | $516 | - |
A 89 E Commonwealth 1d Sold | $785,000 | 2 | 3 | 2,000 | $393 | 0.5 mi |
B 88 E Bay State Street 1f Sold | $770,000 | 2 | 3 | 1,650 | $467 | 0.5 mi |
C 108 E Commonwealth Sold | $770,000 | 3 | 3 | 1,433 | $537 | 0.5 mi |
D 408 W Main Street 2g Sold | $765,000 | 2 | 2 | 1,340 | $571 | 0.1 mi |
E 830 N Garfield Ave #f Sold | $708,000 | 3 | 3 | 1,260 | $562 | 0.8 mi |
F 925 N Stoneman A Sold | $920,000 | 3 | 3 | 1,635 | $563 | 0.9 mi |
G 87 E Commonwealth 1a Active | $798,000 List Price | 2 | 3 | 1,650 | $484 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and appears well-maintained since its 2004 construction. The kitchen features granite countertops and white cabinetry that remain in good aesthetic condition, though the white appliances are slightly dated. The bathrooms are clean with functional dual vanities and soaking tubs. With wood-look laminate flooring throughout the living areas and no visible deferred maintenance, the home meets the criteria for 'Good' condition as a well-kept residence within the 10-20 year age range.
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 Downtown Alhambra, this property boasts exceptional walkability to supermarkets, restaurants, and entertainment, offering a highly convenient urban lifestyle.
This expansive two-level penthouse features soaring ceilings, abundant natural light, and includes three dedicated parking spaces, which is a rare and valuable find for condominium living.
The monthly HOA fee of $554.33 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
As part of a mixed-use community with ground-level commercial shops and cafes, residents may experience higher levels of foot traffic and ambient noise compared to traditional residential neighborhoods.
Alhambra Regency Plaza is a 2015-built mixed-use community located in the heart of Downtown Alhambra. It offers excellent walkability to supermarkets, restaurants, a cinema, farmer's market, banks, library, parks, and the Alhambra Golf Course, with convenient access to public transportation and major freeways. Community amenities include a clubhouse, tennis court, central courtyard, secure gated parking, visitor entry system, and elevator access. Ground-level commercial spaces provide added convenience with shops, cafes, and daily services just steps away. This rare two-level penthouse unit offers 3 bedrooms, 2 bathrooms, a loft, and 3 parking spaces. The main living area features soaring ceilings, oversized windows, abundant natural light, and a tiled fireplace that adds both character and warmth. The kitchen is equipped with granite countertops, white cabinetry, recessed lighting, and a double-basin sink. A laundry closet is tucked nearby, and the large adjacent dining area supports both daily living and entertaining. The main-level primary suite includes a private balcony with city and mountain views, dual closets, and ensuite bathroom with soaking tub, a shower room, and dual vanities. Upstairs offers a functional layout loft with an arched window and a secondary bedroom with an en-suite bath—ideal for guests, remote work, or flexible living. A thoughtfully laid-out home offering style, space, and central convenience—perfect for homeowners or investors seeking long-term value.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,014 | 1,325 | 97% |
| Lot Size | 92,118 | 36,009 | 83% |
| Price | $939.0K | $758.0K | 97% |
| Price per sq ft | $466 | $563 | 7% |
| Built year | 2004 | 1992 | 62% |
| HOA | $554.33 | $300 | 86% |
| Days on market | 22 | 179 | 3% |
Mar 31, 2026
$939,000
Initial Listing
Jul 16, 2010
$655,000
Public Record
Mar 7, 2005
$553,700
Public Record