Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

1014 S Marengo 7

Alhambra, CA, 91803

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$599,000

MLS: WS26024888

Beds

2

Baths

3

Sq Ft

1,210

Lot

1.62 ac

Year Built

1984

MLS #

WS26024888

Days on Market

75

Listed

Feb 3, 2026

Description

Welcome home to this beautifully maintained condo in the heart of Alhambra. Thoughtfully designed with 2 bedrooms, 2.5 bathrooms, and a versatile den ideal for a home office or potential third bedroom, this home offers both comfort and flexibility—perfect for today’s lifestyle. The split-level floor plan is filled with natural light, creating an inviting and airy atmosphere throughout. The main living level features a cozy living room with fireplace, seamlessly flowing into the dining area and kitchen—an ideal space for everyday living or entertaining. Step onto the private balcony off the dining room and enjoy your morning coffee or evening unwind. The mid level provides added convenience with a half bath and in-unit laundry, while the upper level offers a peaceful retreat with the primary suite featuring its own private balcony, along with a second bedroom and full bathroom. Additional highlights include a subterranean garage with two side-by-side parking spaces and built-in storage cabinets, plus a sparkling community pool—perfect for relaxing on warm days. Conveniently located near the 10 freeway with easy access to Downtown Los Angeles, this home is a wonderful opportunity for first-time buyers and professionals seeking comfort, convenience, and a place to truly call home.

Location

Alhambra, Los Angeles County, CA 91803

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Listed by: JUN WAIJUN LAU · RE/MAX PREMIER/ARCADIA

Payment estimate

$4,461

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100

%
Principal & Interest
$3,312
Property tax (1.25%)
$624
Homeowners insurance
$300
Mortgage insurance
$225
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Alhambra home with as little as 3.5% down using an FHA loan — roughly $20,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Alhambra, CA 91803 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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