1063 E Rio Grande Street, Pasadena, California 91104, Pasadena, 91104 - 4 bed, 2 bath
1063 E Rio Grande Street
Pasadena, California 91104
Property Price
SUMMARY
Analysis of 1063 E Rio Grande Street, Pasadena, California 91104 reveals a Fairly Priced Property with a current list price of $1,150,000 aligned with the estimated $1,150,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 1063 E Rio Grande Street Subject | $1,150,000* List Price | 4 | 2 | 1,614 | $713 | - |
A 470 E Ladera Street Sold | $860,000 | 2 | 1 | 1,037 | $829 | 0.7 mi |
B 465 Eldora Road Sold | $1,234,555 | 3 | 2 | 1,772 | $697 | 0.8 mi |
C 1704 N Los Robles Sold | $1,185,000 | 3 | 2 | 1,342 | $883 | 0.8 mi |
D 1453 Bresee Avenue Active | $995,000 List Price | 3 | 2 | 1,656 | $601 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1925 bungalow features a recently and extensively renovated, modern chef's kitchen with new stainless steel appliances, white shaker cabinets, quartz countertops, and contemporary lighting. One of the two bathrooms also appears to be recently updated with modern fixtures and tiling. While some original charm remains (e.g., the Batchelder tile fireplace) and the second bathroom shows an older style, the significant updates to key areas make the home move-in ready and well-maintained, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Charm & Modern Blends
This 1925 Bungalow beautifully blends classic architectural details, such as the 'Batchelder Tile' fireplace, with contemporary updates, offering a unique and appealing aesthetic.
- ADU Potential
The property offers significant value with the 'POTENTIAL FOR JR ADU' utilizing the upstairs bedrooms and bathroom with separate access, providing flexibility for multi-generational living or rental income.
- Modern Chef's Kitchen
A 'beautiful and modern chef's kitchen with center island' and high-end appliances serves as a central hub for entertaining and daily family life.
CONSRISKS & DEFICIENCIES
- Age-Related Maintenance Concerns
As a 1925 build, despite modern updates, the property may have underlying age-related systems (e.g., plumbing, electrical, HVAC) that could require future attention or significant investment not explicitly detailed as updated.
- Unconfirmed ADU Status
The 'POTENTIAL FOR JR ADU' is not a guaranteed feature and requires the buyer to 'check with city,' implying additional effort, cost, and uncertainty to realize this benefit.
- Significant Price Reductions
The property has undergone multiple substantial price reductions from its original list price of $1.475M to $1.15M, which could suggest an initial overvaluation or market resistance, potentially impacting future resale value.
About 1063 E Rio Grande Street
This one of a kind gem nestled in the Historic Highlands neighborhood of Pasadena is ready for its next generation of ownership ~ This 4-bedrooms, 2-bath Bungalow has over 1,600sqft of living space, and offers both modern and original features blending in the classic and contemporary ~ Living room with hardwood flooring and a fireplace with what appears to be original a 'Batchelder Tile' face ~ Formal dining area with natural light coming through ~ A beautiful and modern chef's kitchen with center island with barstools, stove, and curved glass range hood, make this area the center of all entertainment and gatherings ~ Main floor offers two secondary bedrooms and a bathroom ~ Unique feature to this home is that it has the POTENTIAL FOR JR ADU (check with city) where you can have two families live separately by utilizing the two upstairs bedrooms and bathroom with a separate access in the hallway ~ Laundry hookups in garage ~ 1-Car attached garage with direct access with roll-up garage door & lots of storage ~ Carport at exterior of driveway ~ Front porch area with ramp for accessibility ~ Low maintenance yard ~ Side yard perfect for pets, kids, and sunbathing ~ Close to shopping ~ Lots of potential with this home ~ A true gem of Pasadena and a must see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 3,993 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,614 | 1,623 | 49% |
| Lot Size | 3,993 | 7,687 | 5% |
| Price | $1.15M | $1.32M | 29% |
| Price per sq ft | $713 | $832 | 18% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 213 | 170 | 85% |
Pricing History
Listed for Sale
Dec 8, 2025
$1,150,000
$1,199,878
-4% Price Drop
Initial Listing
Price Change
Nov 5, 2025
$1,199,878
$1,199,888
+0% Price Increase
Initial Listing
Price Change
Oct 9, 2025
$1,199,888
$1,299,888
-8% Price Drop
Initial Listing
Price Change
Sep 10, 2025
$1,299,888
$1,399,888
-7% Price Drop
Initial Listing
Price Change
Aug 28, 2025
$1,399,888
$1,425,000
-2% Price Drop
Initial Listing
Price Change
Aug 15, 2025
$1,425,000
$1,475,000
-3% Price Drop
Initial Listing
Price Change
Aug 5, 2025
$1,475,000
Initial Listing