100 Palmetto Drive #2, Pasadena, California 91105, Pasadena, 91105 - 1 bed, 1 bath

100 Palmetto Drive #2
Pasadena, California 91105
Property Price
SUMMARY
Analysis of 100 Palmetto Drive #2, Pasadena, California 91105 reveals a Fairly Priced Property with a current list price of $558,000 aligned with the estimated $557,434 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 Palmetto Drive #2 Subject | $558,000* List Price | 1 | 1 | 462 | $1,207 | - |
A 100 Palmetto Drive 1 Sold | $555,000 | 1 | 1 | 462 | $1,201 | 0.0 mi |
B 100 Palmetto Drive 6 Sold | $540,000 | 1 | 1 | 462 | $1,169 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1918, this Craftsman cottage has undergone extensive recent renovations, including a brand-new roof, new HVAC, updated plumbing and electrical systems, beautifully refinished flooring, and a fully renovated, modern bathroom. The kitchen features new cabinets, sink, and backsplash, with the intentional design choice to allow the new owner to install their preferred gas cooktop or range. All major systems and visible components are new or virtually new, meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Charm & Architectural Significance
A thoughtfully updated Craftsman cottage nestled in a beloved historic bungalow court, designed by renowned architect Cyril Bennett, retaining original character with modern comforts.
- Extensive Modern Upgrades
The property boasts significant recent improvements including a brand-new roof, new HVAC, updated plumbing and electrical systems, refinished flooring, and a renovated bathroom.
- Prime Pasadena Location
Conveniently located just minutes from Old Town Pasadena, Colorado Blvd, Huntington Hospital, and major grocery stores like Trader Joe's, Whole Foods, and Vons.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With only 462 square feet, the property offers a very compact living area, which may not suit all buyer preferences or needs.
- Kitchen Requires Customization
The kitchen is intentionally compact and requires the new owner to install a gas cooktop or range, adding an immediate expense and customization task.
- Uncertainty of HOA Opt-Out
The availability of the HOA opt-out arrangement for a new buyer is not guaranteed, potentially subjecting the owner to future HOA fees and bylaws.
About 100 Palmetto Drive #2
Welcome to 100 Palmetto Drive #2! A thoughtfully updated 1-bedroom, 1-bath Craftsman cottage nestled in one of Pasadena's most beloved historic bungalow courts, designed by renowned architect Cyril Bennett. Flooded with natural light, the home highlights classic Craftsman details--including a cozy fireplace--while offering the comfort of modern upgrades.Built in 1915, this residence retains its original character with the benefit of thoughtful improvements: a brand-new roof, new HVAC, updated plumbing and electrical systems, beautifully refinished flooring, and a renovated bathroom. A full-sized washer and dryer are conveniently tucked away outdoors in a covered space. The kitchen is intentionally compact--perfect for simple, efficient living--with space to install a gas cooktop or range tailored to the new owner's style.Outdoors, fresh landscaping and mature fruit trees are complemented by newly added privacy shrubs, creating a tranquil atmosphere ideal for relaxing mornings or winding down on the spacious front porch. The home is part of a 12-unit HOA community; however, the current owner does not participate in the HOA and is not subject to its bylaws, as the HOA was newly formed at the time and the owner elected to opt out. This opt-out arrangement may be available to the buyer!Located just minutes from Old Town Pasadena, Colorado Blvd, Huntington Hospital, Trader Joe's, Whole Foods, and Vons, this home blends timeless Pasadena charm with modern convenience. It's an ideal alternative to condo or apartment living--offering ownership, privacy, and style in a historic setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 6% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 462 | 2,507.5 | 6% |
| Lot Size | 1,742 | 9,757 | 4% |
| Price | $558.0K | $1.86M | 6% |
| Price per sq ft | $1.2K | $906 | 85% |
| Built year | 1918 | 1939 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 268 | 170 | 96% |
Pricing History
Listed for Sale
Dec 3, 2025
$558,000
$570,000
-2% Price Drop
Initial Listing
Price Change
Oct 19, 2025
$570,000
$609,000
-6% Price Drop
Initial Listing
Price Change
Aug 26, 2025
$609,000
$625,000
-3% Price Drop
Initial Listing
Price Change
Aug 6, 2025
$625,000
Initial Listing
Price Change
Jun 11, 2025
$678,000
Initial Listing




















