ActiveSingleFamilyResidence

143 Palatine

Alhambra, CA, 91801

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$850,000

MLS: DW26021600

Beds

2

Baths

2

Sq Ft

1,680

Lot

0.20 ac

Year Built

1961

MLS #

DW26021600

Days on Market

28

Listed

Jan 30, 2026

Description

MOJOR PRICE REDUCTION!!!! Fixer-Upper Single-Family Home with Views | Value-Add Opportunity View! View! View! Rare opportunity to acquire a single-family fixer in the heart of Alhambra’s historic neighborhood of Emery Park hills with expansive views of Monterey Hills and South Pasadena. This property offers a solid footprint and functional layout, presenting an ideal canvas for renovation and value enhancement. This 1,680 sq ft two-story home features an open floor plan with 3 bedrooms and 2 bathrooms and strong potential to reconfigure or modernize to maximize light, flow, and view corridors. With strategic upgrades, this property is well-positioned for a strong after-repair value, leveraging the premium associated with view properties. Situated on a generous 8,559 sq ft lot, the property provides opportunities for outdoor living improvements, balcony additions, or expansion allowing future owners to fully capitalize on the surrounding vistas. Located in an established area with convenient access to shopping, dining, and commuter routes. Well-suited for fix-and-flip, buy-and-hold, or redevelopment strategies. Don’t miss out on this opportunity! Sold as-is. Ideal for cash or renovation financing.

Location

Alhambra, Los Angeles County, CA 91801

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Listed by: Wonnie Kim · Won Suk Kim Real Estate, Inc.

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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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 $29,750 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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