611 S Marguerita Ave
Alhambra, CA, 91803
$750,000
MLS: WS26035088
Beds
2
Baths
1
Sq Ft
1,474
Lot
0.18 ac
Year Built
1911
MLS #
WS26035088
Days on Market
62
Listed
Feb 17, 2026
Description
Single -family residence located in the city of Alhambra on a spacious 7,953 sq ft lot (approx. 50x159). The existing structure consists of 2 bedrooms and 1 bathroom with approximately 1,474 sq ft of living area. Property was fire damaged and is being sold AS-IS, land value only. Zoned RM with approximately 45% lot coverage, offering potential for redevelopment. Buyer to verify all development possibilities with the City, including ADU and Junior ADU potential. Convenient location close to Costco, shopping, dining, and major transportation routes. Great opportunity for investors or developers.
Location
Alhambra, Los Angeles County, CA 91803
Open on Google Maps ↗Listed by: YANHUA LIU · RE/MAX ELITE REALTY
Payment estimate
$5,510
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000
- Principal & Interest
- $4,147
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 $26,250 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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