The Huntington Granada Condo Complex At
1225 North Granada Avenue May Be The Answer
This is a real estate market activity report for the Huntington Granada condominium complex located at 1225 North Granada Avenue in Alhambra. Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex. Located at the
southwest corner of Granada Avenue and Huntington Drive, the complex is adjacent to the cities of San Marino and South Pasadena. This ideal location is a popular choice at a relatively affordable price.
The complex was built in 1965. The 47 residences have a definite single family home feel. I believe the appeal is the single level living along with a private two car garage. Indoor-outdoor living is also an important component of the two and three bedroom/two bath floor plans which feature extensive patio areas along with atriums. Other noteworthy features include: walls of glass, fireplaces, vaulted ceilings in some units, skylights and spacious rooms further enhancing the single family feel.
The professionally managed complex has a pool and lounge area. Beautifully maintained gardens can be found throughout along the various pathways leading to the homes. Because the entire complex is single level, the gardens are quite extensive and due to the high cost of land, would be impossible to duplicate today at the relatively affordable prices we have seen in the complex in recent years. Due to its convenient location and unique low density, the condos at Huntington Granada typically sell quickly.
There is currently one condo currently for sale. Newly listed, it is a two bedroom floor plan with approximately 1356 square feet and is priced at $545,999. There have been no sales reported in 2016.
In 2015, there were three mls-reported sales Each was a two bedroom floor plan with approximate square footages ranging between 1398 and 1462. The sales ranged from $560,000 to $590,000 with an average price of $570,667(median sales price $562,000). They sold at 98.48% of last list price and for an average price per square foot of $400.36.
In 2014, a three bedroom unit with a wrap-around patio sold for $668,000(list price $588,000)in an all cash transaction. Finding three bedrooms is even more rare in this complex(prior to this sale the last three bedroom sold per our mls records was in 2007).
In 2013, there was one mls-reported transaction: a two bedroom/two bath unit with approximately 1462 square feet which sold for $525,000(list price $510,000) in March of that year.
In 2012: there was one sale, a unit sold for $509,500.
There were four sales in Huntington Granada in 2011. The final sales prices ranged from $450,000 to $494,600 with an average sales price $471,775 (median sales price $471,250).
As always, the condition of the unit as well as the location within the complex are factors in determining a list price for a seller or a buyer’s offer price. If you are interested in learning more about Alhambra real estate whether you are a prospective buyer or a property owner thinking of selling, contact me at 818.516.4393 cell.
Published: March 25, 2016
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