
Pasadena, California 91104
This Versatile Income-Generating Residence is listed at $1,339,950, positioned near its $1,290,501 Fair Market Value. Holding a Condition Rating of 4, the 1923 main home is well-maintained yet offers a clear value-add opportunity through cosmetic updates. The property’s standout feature is the permitted 1-bed ADU, providing immediate rental income, alongside a 7,492 sq. ft. lot with Jr. ADU potential and neighborhood views. Situated in the Pasadena Unified district, this acquisition offers financial utility and long-term flexibility for Owner-Occupants seeking to house-hack or Multi-Generational Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1221 Wesley Avenue Subject | $1,339,950* List Price | 3 | 2 | 1,373 | $903 | - |
A 1870 Brigden Road Sold | $1,350,888 | 3 | 2 | 1,313 | $1,029 | 0.5 mi |
B 1255 N Dominion Avenue Sold | $1,200,000 | 3 | 1 | 1,296 | $926 | 0.3 mi |
C 1437 N Sierra Bonita Avenue Sold | $1,050,000 | 2 | 1 | 1,064 | $987 | 0.3 mi |
D 2030 Paloma Street Sold | $1,360,000 | 4 | 2 | 1,905 | $714 | 0.9 mi |
E 1250 E Topeka Street Sold | $1,550,000 | 3 | 2 | 1,536 | $1,009 | 0.6 mi |
F 1786 Asbury Active | $1,399,000 List Price | 3 | 2 | 1,586 | $882 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1923 property is well-maintained and livable but shows clear signs of age and dated finishes. While it features newer wood-tone flooring and ceiling fans, the kitchen and bathrooms utilize older tile styles and basic appliances that lack modern luxury standards. The listing description specifically notes it is 'ready for your personal touch,' indicating that while functional, the home has not undergone a comprehensive high-end renovation in recent years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7492, living area = 1373.
Discover the potential of this charming single-family home with a permitted ADU, perfectly situated on a spacious 7,492 sq ft lot. The front home offers 3 bedrooms, 2 bathrooms, approximately 1,373 sq ft of living space, and is ready for your personal touch. Features include an open floorplan, wood-tone flooring, ceiling fans, a dedicated laundry room, and a kitchen with tile finishes. A welcoming front porch adds to the home's curb appeal. The detached 1-bedroom, 1-bathroom ADU is currently rented, providing immediate rental income. The expansive backyard offers excellent potential for a future Jr. ADU, outdoor entertaining, or custom landscaping. With room for up to 4 uncovered parking spaces, this property delivers convenience and versatility. An ideal opportunity for investors, multi-generational living, or homeowners looking to add value, don't miss out on the possibilities this property offers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,373 | 1,618.5 | 38% |
| Lot Size | 7,492 | 7,505 | 49% |
| Price | $1.34M | $1.34M | 50% |
| Price per sq ft | $976 | $884 | 66% |
| Built year | 1923 | 1926 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 127 | 147 | 43% |
Feb 18, 2026
$1,339,950
$1,400,000
-4% Price Drop
Initial Listing
Dec 16, 2025
$1,400,000
Initial Listing