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ActiveSingleFamilyResidence

400 San Pasqual Drive

Alhambra, CA, 91801

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$980,000

MLS: P1-28191

Beds

3

Baths

1

Sq Ft

1,080

Lot

0.22 ac

Year Built

1940

MLS #

P1-28191

Days on Market

19

Listed

Jul 25, 2026

Description

Rare opportunity to acquire a property with exceptional investment potential on an expansive 9,600 sq. ft. lot in one of Alhambra's most desirable neighborhoods. Whether you're an investor, developer, or buyer looking to create your vision, 400 San Pasqual Drive offers endless possibilities. The existing home provides a starting point, but the true value lies in the oversized parcel and the tremendous upside it presents. Explore the potential to renovate, expand, build new, or maximize the property's future potential (buyer to verify all zoning, development opportunities, and permitted uses with the City of Alhambra). Situated on a quiet, tree-lined street with convenient access to shopping, dining, parks, schools, and major freeways, this property combines an exceptional location with outstanding long-term value. Large lots of this size are increasingly difficult to find, making this a unique opportunity for those seeking their next investment project. Bring your vision and unlock the full potential of this exceptional Alhambra property. Opportunities like this don't come around often!

Location

Alhambra, Los Angeles County, CA 91801

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Listed by: Kali Lamarine · LA Lux Property Management Inc

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$7,374

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $98,000 · Loan: $882,000

%

Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,686
Property tax (1.25%)
$1,021
Homeowners insurance
$300
Mortgage insurance
$368
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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 Aug 6, 2026

30-year fixed
6.69%
15-year fixed
6.01%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $34,300 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.

Similar Homes Nearby

Active and pending listings in ZIP 91801 (Alhambra)within ±10% of this home's price and size.

Local Market Stats

See Alhambra, CA 91801 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.