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1124 N Hidalgo Ave
Alhambra, CA

1124 N Hidalgo Ave

$1,559,700
3 bd • 2 ba • 1,860 sf

This analysis was generated by artificial intelligence on 1/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

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AI Property Analysis

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List Price

$1,559,700

Price/Sq.Ft

$839

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• **Desirable Location**: Alhambra is a sought-after Southern California location known for its residential neighborhoods and proximity to major amenities. It offers a blend of suburban living with easy access to urban areas. • **Established Neighborhood**: The property appears to be in a mature neighborhood, as seen from the image, with mature landscaping and well-maintained surroundings. This can be appealing to buyers seeking a sense of community. • **3 Bedrooms and 2 Bathrooms**: The 3-bedroom, 2-bathroom configuration is a standard layout suitable for small to medium-sized families. This can broaden the appeal to a larger segment of buyers. • **Good Curb Appeal**: The property appears to be well-maintained from the exterior image, which is a positive first impression for potential buyers. The mature trees and lawn present a pleasant and inviting home. • **Proximity to Amenities**: Alhambra offers access to various amenities including shopping, dining, and recreational opportunities. This adds to the desirability of the location.

The Bad

• **High Price Per Square Foot**: At $838.55 per square foot, this property is priced at the higher end of the market. Without additional details, it's difficult to determine if this price is justified. This could limit the pool of potential buyers. • **Lack of Property Details**: The absence of a property description, room details, and utility information is a major drawback. This makes it difficult to assess the property's true condition and value. This lack of transparency may deter buyers. • **Unknown Build Year**: The unknown build year makes it hard to assess the property's condition and potential for needed upgrades or repairs. • **No Specific Features Listed**: The lack of listed features means the property may not have unique selling points to justify the high price. • **Limited Parking Information**: The available parking is unknown. On-street parking in Alhambra can be limited, so off-street parking is essential. This is a potential negative for buyers with multiple vehicles.

The Ugly

• **Potential for Hidden Issues**: The lack of information and unknown build year means there could be hidden issues with the property's foundation, plumbing, electrical, or HVAC systems, leading to unexpected costs. This is a major risk for potential buyers. • **High Cost of Ownership**: The high price per square foot and the potential for increased property taxes translate to a high total cost of ownership. This could make the property unaffordable for some buyers. The monthly mortgage, property taxes and insurance will be expensive. • **Earthquake Risk and Insurance**: The need for earthquake insurance in Alhambra is an additional cost that buyers must factor into their budget. It can be expensive, especially for older properties. • **Competition and Bidding Wars**: The competitive market in Alhambra could lead to bidding wars, which can drive up the final purchase price beyond the listed amount. • **Lack of Transparency**: The lack of property details makes it difficult to assess the property's true condition and value. This lack of transparency can make buyers wary. A detailed inspection is needed which may reveal significant issues.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Families seeking a traditional single-family home in a well-established neighborhood with mature landscaping. The 3-bedroom, 2-bathroom layout is suitable for a small to medium-sized family. • Buyers comfortable with a higher price point, given the $838.55 per square foot price. This suggests a willingness to invest in an area with strong property values. • Individuals who value proximity to urban amenities and a suburban lifestyle. Alhambra offers a balance between city access and a quieter residential setting. • Buyers who are looking for a home with no immediate major renovations. The property appears well-maintained from the exterior view. • Buyers who are not sensitive to potential airport noise or traffic congestion typical of Southern California.

Not For

• Buyers seeking a modern, newly constructed home. The unknown build year could indicate an older property requiring upgrades. • Buyers on a strict budget or those seeking a lower price per square foot. The $838.55/sqft price point is above average and indicates a premium market. • Buyers who require specific amenities like a swimming pool, or a large garage, as none are mentioned in the property details. • Buyers who are highly sensitive to traffic or airplane noise. Alhambra, like most of Southern California, is subject to both. • Buyers looking for a very low maintenance property. The mature landscaping, while attractive, may require ongoing care.
Demographics
Area Median Income

$73,060

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Risk Assessment

Risk Analysis

• **Unknown Property Age**: The lack of build year information is a significant risk. Older homes may have hidden issues like outdated plumbing, electrical systems, or foundation problems, leading to costly repairs. • **Earthquake Risk**: Alhambra is in a seismically active zone. The structural integrity of the house should be carefully inspected. Earthquake insurance is essential and can add to the total ownership cost. • **Potential for High Property Taxes**: While Proposition 13 limits annual increases, a reassessment upon sale could lead to a significant tax increase. This needs careful consideration in the budget. • **Lack of Detailed Information**: The absence of property details, room specifics, and utility information makes it difficult to assess the true value and potential risks. A thorough inspection is critical. • **Traffic and Noise**: The location in Southern California means potential exposure to traffic congestion and airport noise, impacting the quality of life for some buyers. Proximity to major roads also needs to be considered. • **Competition**: Alhambra is a competitive market, so buyers may face bidding wars and need a strong financial position to secure the property.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$1,716,000

10.0% above list price

Median Price

$1,755,000

Based on 6 recent sales

Price per Sq.Ft

$911

Comparable Properties

839 Milan Avenue, South Pasadena, CA 91030
Price: $2,450,000
Sq.Ft: 1,926
Beds/Baths: 4/2
$/Sq.Ft:
$1,27251.7%
Sale Date: 11/12/2024
1105 Alhambra Road #C, San Gabriel, CA 91775
Price: $1,063,000
Sq.Ft: 1,639
Beds/Baths: 3/2
$/Sq.Ft:
$64922.7%
Sale Date: 11/20/2024
506 E Alhambra Road, Alhambra, CA 91801
Price: $1,235,000
Sq.Ft: 1,943
Beds/Baths: 3/2
$/Sq.Ft:
$63624.2%
Sale Date: 10/16/2024
1988 Oak Street, South Pasadena, CA 91030
Price: $2,150,000
Sq.Ft: 1,828
Beds/Baths: 2/2
$/Sq.Ft:
$1,17640.3%
Sale Date: 10/1/2024
930 N Bushnell Avenue, Alhambra, CA 91801
Price: $1,643,000
Sq.Ft: 1,952
Beds/Baths: 4/2
$/Sq.Ft:
$8420.4%
Sale Date: 10/3/2024
1420 Garfield Avenue, San Marino, CA 91108
Price: $1,755,000
Sq.Ft: 1,969
Beds/Baths: 2/2
$/Sq.Ft:
$8916.3%
Sale Date: 8/28/2024

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