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1022 South Marengo, 5, Alhambra, CA 91803

$649K3bd · 3ba · 1,220 sqft
Lot 70,437 sqft•HOA $555.93/mo•Condominium•
Active
•117d on market•MLS# PW-26131839

Property Description

Distinctive Three-Level Condo with Soaring Wood Ceilings, Pool Views & Private Rooftop Deck 1,220 SF • 3 Bedrooms • 2.5 Baths • Pool View • Private Rooftop Deck • 2 Secured Parking Spaces • In-Unit Laundry Experience the character and privacy of a unique three-level condominium featuring soaring wood-paneled ceilings, beautiful wood flooring, abundant natural light, a fireplace, and a private rooftop deck. The thoughtfully designed floor plan offers a townhome-style feel, with natural separation between the main living spaces, bedrooms, and outdoor entertaining areas. Please note: This is a multi-level home with no elevator access and multiple staircases from the parking/entry area through the interior levels and up to the rooftop deck. Buyers are encouraged to consider the stair configuration when determining whether this unique floor plan is right for them. The main living level welcomes you with a bright, open living room featuring a fireplace and soaring wood-paneled ceiling, flowing naturally into the dining area. Large windows provide views of the community pool and bring abundant natural light into the living space. The adjacent kitchen offers convenient access to the main living and dining areas, creating a comfortable setting for both everyday living and entertaining. The bedroom levels provide three bedrooms and 2.5 bathrooms, including a private primary suite with its own bathroom. The multi-level design creates a comfortable separation between the entertaining and private areas of the home. Continue upward to the private rooftop deck, an exceptional outdoor retreat for relaxing, enjoying the views, or entertaining guests. This additional outdoor space is a rare and distinctive feature that sets this home apart from a conventional condominium. Additional features include central air conditioning and heating, in-unit laundry, ample storage, and two secured parking spaces. Ideally located in Alhambra with convenient access to dining, shopping, entertainment, Pasadena, Downtown Los Angeles, and major freeways. For buyers who appreciate architectural character, multiple levels of living space, and a private rooftop retreat, this home offers a unique alternative to the typical condominium.

Features & Amenities

FeeBuilt 1984

Property Details

Land Type
Fee
Year Built
1984
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Pool
Flooring
Laminate, Wood
City
Alhambra
Zip Code
91803
County
Los Angeles
Listed byTerra Realty & Mortgage Inc., Giovanni Masia

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,281.70
Principal & Interest
Loan Amount
$519,200
Total Interest
$662,211
Total Payment Over 30 Years
$1,181,411
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1022 South Marengo, 5, Alhambra, CA 91803

Alhambra · Condominium

$649K
Affordable Tier
Beds
3
Baths
3
Sqft
1,220
Lot
1.62 ac
Year
1984
$/Sqft
$532
Pool: Yes✓
Spa: Yes✓
View: Pool✓

Listed in line with the median closed sale of $638,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $649K· $532/sqft
Total list price
Closed comps
vs closed median $638K
+$11K (+1.7%)
Active comps
vs active median $698K
−$49K (−7.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $524
+$8 (+1.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1417 Marguerita AvenueAlhambra1982331,28612,477$543$698,0006487
824 Stoneman AvenueAlhambra1980331,37220,575$509$698,0006184
11 3rd StreetAlhambra2015331,38050,064$564$778,000083
821 Garfield AvenueAlhambra1994231,1706,840$503$589,0001081
821 Garfield AvenueAlhambra1994231,1706,840$503$589,0001081
Total: 5 · Average2.63.01,275.619,359.2$524.4$670,40029
Median1,286$698,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
313 Almansor StreetAlhambra197908/25/2026221,16070,222$570,000$550,000$4740.9617088
217 Commonwealth AvenueAlhambra198907/10/2026331,32450,705$745,900$740,000$5590.997088
424 N Electric AveAlhambra198808/28/2026331,2548,006$680,000$680,000$5421.008587
513 3rd StreetAlhambra199209/04/2026331,32137,659$588,000$610,000$4621.043286
132 Atlantic BlvdAlhambra199409/30/2026331,19511,656$639,999$638,000$5341.0012486
Total: 5 · Average2.82.81,250.835,649.6$643,600$643,600$514.2—96.2
Median1,254$638,000$638,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.