
Pasadena, California 91103
This Classic Pasadena Bungalow represents a Prime Investment Opportunity with a List Price of $820,000—positioned well below the $841,193 Fair Market Value by 2%. This valuation gap offers $21,193 in Instant Equity for buyers. Maintaining a Condition Rating of 4, the 1925-built residence is move-in ready but provides significant upside through interior modernization. Featuring a spacious backyard and private patio within the Pasadena Unified district, it balances financial logic with lifestyle benefits. This is an ideal entry point for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1191 Sunset Avenue Subject | $820,000* List Price | 2 | 1 | 1,204 | $681 | - |
A 545 Stanton Street Sold | $830,000 | 3 | 2 | 1,283 | $647 | 0.7 mi |
B 1804 N Belmont Avenue N Active | $925,000 List Price | 3 | 1 | 1,128 | $820 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this century-old home appears well-maintained but shows signs of being outdated. While functional and move-in ready for a first-time buyer, the kitchen and bathroom features, flooring, and fixtures do not reflect a recent high-end renovation. The listing description's emphasis on 'building equity' and 'smart value' further indicates that the property requires cosmetic updates and modern system overhauls to reach a higher condition rating.
Welcome home! A fantastic opportunity for first-time buyers looking to enter the Pasadena market while still staying below the $1M mark. Located just 15 minutes from the shops, dining, and daily conveniences along Lake Avenue, this home offers an accessible lifestyle in a desirable Pasadena neighborhood. A major highlight is the spacious backyard, perfect for hosting get-togethers, weekend barbecues, or enjoying your own private outdoor space, something many first-time buyers value. With Pasadena prices continuing to climb, this property offers strong potential to quietly build equity over time, making it an excellent long-term investment as well as a place to call home. Whether you're starting your homeownership journey or looking for smart value in a prime city, this home delivers comfort, location, and upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,204 | 1,714 | 17% |
| Lot Size | 5,890 | 9,395 | 15% |
| Price | $820.0K | $1.71M | 4% |
| Price per sq ft | $681 | $962 | 13% |
| Built year | 1925 | 1949 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 127 | 49% |
Feb 20, 2026
$820,000
$850,000
-4% Price Drop
Initial Listing
Feb 3, 2026
$850,000
Initial Listing
Jan 8, 2001
$145,000
Public Record
May 24, 1999
$362,500
Public Record
Apr 22, 1999
$103,500
Public Record
Dec 16, 1997
$62,000
Public Record