924 N Stoneman, Alhambra, California 91801, Alhambra, 91801 - 3 bed, 1 bath
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Alhambra, California 91801
This 1910 Craftsman represents a High-Potential Investment Opportunity, listed at $1,290,000—positioned above the $1,232,918 Fair Market Value. While priced at a premium, the RH-zoned 7,128 SF lot offers significant development upside, including the potential for up to four residential units. Featuring a Condition Rating of 4, the home retains historic integrity but requires modernization of its century-old systems. With proximity to 9/10-rated schools like Marengo Elementary and South Pasadena High, this property is an ideal acquisition for Buy-and-Hold Investors or Developers seeking long-term value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 924 N Stoneman Subject | $1,290,000* List Price | 3 | 1 | 1,610 | $766 | - |
A 218 N Almansor Sold | $1,200,000 | 3 | 3 | 1,795 | $669 | 0.6 mi |
B 907 N Stoneman Avenue Sold | $1,290,000 | 3 | 2 | 1,920 | $672 | 0.1 mi |
C 917 N Olive Ave Sold | $1,160,000 | 4 | 3 | 1,985 | $584 | 0.3 mi |
D 124 N Valencia Sold | $1,400,000 | 4 | 2 | 1,811 | $773 | 0.8 mi |
E 821 Novelda Road Sold | $1,445,000 | 3 | 2 | 2,215 | $652 | 0.1 mi |
F 904 N Hidalgo Avenue Sold | $1,600,000 | 3 | 2 | 1,725 | $928 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, this 114-year-old Craftsman home is well-maintained with preserved original features like hardwood floors and coffered ceilings, making it move-in ready. However, it is significantly dated with only one bathroom for three bedrooms and no evidence of recent updates to the kitchen, baths, or major systems (HVAC/Electric), necessitating future modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7128, living area = 1610.
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 sits on a 7,128 SF RH-zoned lot, offering a rare opportunity to build up to four residential units, making it highly attractive to investors and developers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7128, other record lot size in square feet = 7042. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home features three bedrooms but only one bathroom, which is a significant drawback for modern families and may impact daily convenience and resale value.
Built in 1910, the property likely requires updates to major systems such as plumbing, electrical, and insulation to meet current building standards and efficiency.
Welcome to this charming Craftsman 3-bedroom, 1-bathroom home offers 1,610 sq ft of living space and features 9-foot ceilings, original hardwood floors, rich wood craftsmanship, coffered ceilings, built-in cabinetry, and a cozy wood-burning fireplace. The formal dining room, bright kitchen with a breakfast area, and versatile bonus room provide comfortable living while showcasing the home's classic charm. Situated on a spacious 7,128 SF RH-zoned lot, this property offers the potential to build up to four residential units (buyer to verify with the City of Alhambra), making it an exceptional opportunity for homeowners, investors, and developers alike. Step outside to a large backyard with plenty of space for entertaining, gardening, or future expansion. The detached two-car garage also offers excellent ADU potential (buyer to verify). Conveniently located in the heart of Alhambra, just minutes from shopping, restaurants, parks, schools, and major freeways, this is a rare opportunity to own a character home with outstanding future potential. Don't miss this exceptional opportunity—schedule your private tour today before it's gone!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.9 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,610 | 1,374 |
| Lot Size | 7,128 | 7,321 |
| Price | $1.29M | $1.05M |
| Price per sq ft | $801 | $708 |
| Built year | 1910 | 1929 |
| HOA | $0 | $0 |
| Days on market | 16 | 43 |
Jul 6, 2026
$1,290,000
Initial Listing
Apr 22, 2024
$1,200,000
Public Record