Alhambra Real Estate For Sale

CITY OF ALHAMBRA

AlhambrapicThe City of Alhambra was founded as a suburb of Los Angeles that remained an unincorporated area during the mid-19th century. Alhambra’s roots began with the San Gabriel Mission, founded on September 8, 1771, and the native people, Tongva, who inhabited the area before the arrival of the Spanish. The land that would later become the City of Alhambra was part of a 300,000 acre land grant given to Manuel Nieto by the Spanish. A wealthy developer, Benjamin Davis Wilson, married Ramona Yorba, daughter of Bernardo Yorba, who owned the land which would become Alhambra named by his daughter Ruth who was inspired by the book she was reading — Alhambra.

AMENITIES

The city of Alhambra has experienced waves of new immigrants, beginning with Italians in the 1950s, Hispanics in the 1960s, and Chinese in the 1980s. As a result, a very active Chinese business district has developed on Main St. and Valley Boulevard, which has Chinese supermarkets, restaurants, specialty shops, banks, real estate companies, and medical offices. The Valley Boulevard corridor has become a national hub for many Asian-owned bank headquarters, and there are other nationally recognized retailers in the city. Main Street is considered the Old Town, where the young upcoming crowd likes to come and enjoyed great dining, so of Alhambra’s Top Restaurants are located on Main street. Since the new arrival of Edwards Theater it has encreased the number of visitors and tourtist that enjoyed the new energy it’s given downtown Main Street.

Alhambra has been described to tourists as a sweet little suburban area surrounded by Asian Cuisine and Latino and Fusion Restaurants like , a nice movie theater, high-end stores, a cozy park, and grocery stores. The night life and events in Alhambra are a sight to behold. An annual tree lighting ceremony in a small plaza on Main Street and an annual Alhambra NewYear Festival on Valley Boulevard are among the many events Alhambra is known for where festivities are frequently celebrated. Alhambra is also famous for Independence Day Fireworks Display at Almansor Park. Farmer’s Market at Bay street in Alhambra is also a bucket-list worthy.

LOCATION

Alhambra has been voted at Yelp as the Cool City “Gateway to the San Gabriel Valley” and is known as the start of the Chinese Mecca of foods. Nestled between Pasadena, South Pasadena, San Gabriel, San Marino, El Sereno, City Terrace and Monterey Park, Alhambra is one of the oldest suburbs in Los Angeles County, dating back to the arrival of the transcontinental railroad and the boom of the 1880s. Its placement between Monterey Park and Pasadena also reflects the current mix of Chinese, Latin, and old school Americana that come together to make the spirit of Alhambra. Alhambra Schools are one of the many reasons why the housing market in Alhambra has sky rocket. For example Mark Keppel High School (9-12 grades) has been rated as one of the top schools in Los Angeles County with a 10 rating, not mention Martha Baldwin Elementary (k-8 grades) has a 9 rating.

HOUSING

bungalowhavenpictureAlhambra was originally promoted as a “city of homes”, and many of its homes have historical significance. They include styles such
as craftsman, bungalow, Spanish Mediterranean, Spanish colonial, Italian beaux-arts, and arts and crafts. Twenty-six single-family residential areas have been designated historic neighborhoods by the city, including the BeanTract (formerly owned by early resident Jacob Bean), the Midwick Tract (site of the former Midwick Country Club), the Airport Tract (formerly the landing pad for Alhambra Airport), and the Emery Park area. There are also a large number of Condominiums/Townhouses, rental partments, and mixed-use residential/commercial buildings, especially in the downtown Alhambra.

The median sales price for Homes for sale in Alhambra CA for Oct 15 to Dec 15 was $549,000. This represents an increase of 5.6%, or $29,000, compared to the prior quarter and an increase of 20.4% compared to the prior year. Sales prices have appreciated 30.6% over the last 5 years in Alhambra. The average listing price for Alhambra homes for sale on Trulia was $558,331 for the week ending Dec 30, which represents an increase of 0.7%, or $4,003, compared to the prior week and a decline of 2.1%, or $11,814, compared to the week ending Dec 09. Average price per square foot for Alhambra CA was $400, an increase of 6.4% compared to the same period last year.

If you would like to know about homes for sale in Alhambra, let area expert Natalie Aguilar Vogie show the best real estate in the area. You can reach her at 626-379-6472 or by email at natalieaguilar@kw.com.

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