
Alhambra, California 91803
This Value-Add Residential Property is listed at $800,000, aligning closely with its $792,470 Fair Market Value. Featuring a detached garage with significant ADU Conversion Potential and a generous 5,812 sqft lot, the asset offers a clear path to forced appreciation and rental income. While currently holding a Condition Rating of 4 due to its vintage 1939 infrastructure and dated finishes, the home’s location within the Alhambra High School District and proximity to Downtown LA ensures long-term desirability. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a property with multi-generational living potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 918 Edith Subject | $800,000* List Price | 2 | 1 | 944 | $839 | - |
A 1810 S Raymond Avenue Sold | $953,000 | 3 | 2 | 1,064 | $896 | 0.8 mi |
B 1615 Maple Court Sold | $805,000 | 2 | 1 | 780 | $1,032 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939, this home is in functional condition but shows significant signs of age and dated finishes. The kitchen has been partially updated with granite countertops and oak-style cabinetry likely from 15-20 years ago, but the appliances and range hood are older models. The bathroom retains a vintage pink tile aesthetic, and the property lacks central HVAC, relying on window units and ceiling fans. While the original hardwood floors are a plus, they show visible wear and the overall interior requires cosmetic modernization and system updates to meet current standards.
Situated in a highly desirable Alhambra neighborhood, this property offers a short commute to Downtown LA and is within walking distance to local dining, shopping, and public transit.
The detached garage presents an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion, providing a pathway for rental income or multi-generational living.
The 5,812 square foot lot is substantial for the area, offering ample parking and a versatile outdoor space that is easy to maintain yet large enough for future expansion.
At just 944 square feet with only one bathroom, the home's compact layout may be a constraint for growing families or buyers seeking modern master suites.
Built in 1939, the property likely requires updates to its core systems and cosmetic finishes to meet the standards of contemporary residential living.
Welcome to this charming 2-bedroom, 1-bathroom home located in a highly desirable and centrally located neighbourhood in Alhambra, California. Enjoy a short commute to Downtown Los Angeles while living in a quiet, street that is centrally located and convenient. The home is within walking distance to shops, dining, public transportation, making it ideal for families, professionals, or investors. This property features easy-to-maintain yard, ample parking, and a detached garage with excellent potential for ADU conversion, offering added income or multi-generational living opportunities. With its peaceful setting, strong location, and future potential, this home is a rare opportunity you don t want to miss. Don t miss your chance to own in one of Alhambra s most sought-after areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 944 | 1,371 | 10% |
| Lot Size | 5,812 | 6,273 | 45% |
| Price | $800.0K | $935.0K | 21% |
| Price per sq ft | $847 | $688 | 90% |
| Built year | 1939 | 1937 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 156 | 3% |
Apr 6, 2026
$800,000
Initial Listing