661 W Alegria Avenue, Sierra Madre, California 91024, Sierra Madre, 91024 - 2 bed, 1 bath

661 W Alegria Avenue, Sierra Madre, California 91024 home-pic-0

661 W Alegria Avenue

Sierra Madre, California 91024

ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
1,056Sq Ft
7,856Lot Size

Property Price

LIST PRICE$1,075,000

SUMMARY

Analysis of 661 W Alegria Avenue, Sierra Madre, California 91024 is currently available with a list price of $1,075,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sierra Madre Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1937, this home is well-maintained and features significant recent structural and maintenance improvements, including a new roof, foundation work, and a new water heater. However, the interior is described as being ready for 'personal updates and creative touch,' indicating that the kitchen and bathroom likely retain older styles and fixtures. While the original hardwood floors and fresh paint provide a move-in-ready environment, the property lacks the comprehensive modern renovation required for a 'Good' or 'Excellent' rating, placing it firmly in the 'Fair' category as an aged but functional and cared-for home.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7856, living area = 1056.

  • Development Potential

    The generous 7,856 sq. ft. lot offers significant opportunity for expansion or the addition of an ADU, providing excellent flexibility for future value appreciation.

  • Key Structural Upgrades

    Recent high-ticket improvements, including a brand-new roof, completed foundation work, and a new water heater, ensure the home is structurally sound and move-in ready.

CONSRISKS & DEFICIENCIES

  • Limited Living Space

    With only 2 bedrooms and 1 bathroom in a 1,056 sq. ft. footprint, the current configuration may be restrictive for families or buyers seeking more modern utility.

  • Modernization Requirements

    While structural repairs are complete, the home is positioned as needing personal updates and creative touches, suggesting additional investment is required for interior modernization.

About 661 W Alegria Avenue

Charming 1937 Sierra Madre Home with Expansion PotentialNestled along the scenic foothills of Sierra Madre, this inviting 2-bedroom, 1-bath residence blends timeless character with exciting future possibilities. Built in 1937 and situated on a generous 7,856 sq. ft. lot on a quiet street, this home offers both comfort today and room to grow tomorrow.Inside, you'll find original hardwood floors, a spacious living room with fireplace, and a formal dining room perfect for entertaining. A dedicated laundry room with washer and dryer hookups adds everyday convenience.Recent improvements include a brand-new roof, fresh interior and exterior paint, completed foundation work, and a new water heater. Inspection reports are available, and contractor repairs have already been completed--making this a true move-in-ready opportunity.Outdoors, a long driveway along the west side of the property provides abundant parking and leads to a detached two-car garage. The expansive backyard features storage sheds and mature fruit trees, creating a peaceful, garden-like setting with ample space to relax, expand, or customize to your vision. The lot offers excellent potential to add an ADU or extend the existing home.Ideally located near hiking trails, charming shops, and local cafes, this classic Sierra Madre home is ready for your personal updates and creative touch.Move in, add on, and enjoy this lovely property.Inspection and termite reports available upon request.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1937
Lot Size
7,856 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
20%
Baths1.03.0
11%
Square foot1,0562,024
6%
Lot Size7,85610,275
31%
Price$1.07M$1.67M
20%
Price per sq ft$1.0K$777
91%
Built year19371950
37%
HOA$0$0
50%
Days on market23156
3%

Pricing History

Listed for Sale

Feb 11, 2026

$1,075,000

Initial Listing

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