1221 Wesley Avenue, Pasadena, California 91104, Pasadena, 91104 - 3 bed, 2 bath
ACTIVE$1,400,000
1221 Wesley Avenue, Pasadena, California 91104
3Beds
2Baths
1,373Sqft
7,492Lot
Price Vs. Estimate
The estimated value ($1,143,800.18) is $256,199.82 (18%) lower than the list price ($1,400,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: 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.
Top Cons:
Needs Modernization: The main home, built in 1923 and described as 'ready for your personal touch,' likely requires significant updates and renovations to its interior finishes and possibly systems to meet contemporary standards.
Compared to the nearby listings
Price:$1.40M vs avg $1.35M (+$50,000)56%
Size:1,373 sqft vs avg 1,475 sqft36%
Price/sqft:$1.0K vs avg $89675%
More Insights
Built in 1923 (102 years old).
Condition: Built in 1923, this property is over 100 years old and shows significant signs of age and deferred maintenance. The description explicitly states it's 'ready for your personal touch' and 'needs modernization,' with potential for upgrades to older infrastructure like plumbing, electrical, and roof. Images reveal worn hardwood floors, walls needing patching and repainting, and outdated light fixtures and ceiling fans. The kitchen has some updated elements like granite countertops and a stainless steel sink, but the cabinets are traditional and the overall style is not contemporary. There are no clear images of the main house bathrooms, which is a red flag for an older home. The presence of window AC units indicates a lack of central cooling. While the property is livable (with a rented ADU), it requires substantial repairs and rehabilitation to bring it to modern standards and address the likely underlying issues of an aging home.
Year Built
1923
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$1,020
HOA
-
Days on market
-
Sold On
-
MLS number
GD25269983
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
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.
Condition Rating
Poor
Built in 1923, this property is over 100 years old and shows significant signs of age and deferred maintenance. The description explicitly states it's 'ready for your personal touch' and 'needs modernization,' with potential for upgrades to older infrastructure like plumbing, electrical, and roof. Images reveal worn hardwood floors, walls needing patching and repainting, and outdated light fixtures and ceiling fans. The kitchen has some updated elements like granite countertops and a stainless steel sink, but the cabinets are traditional and the overall style is not contemporary. There are no clear images of the main house bathrooms, which is a red flag for an older home. The presence of window AC units indicates a lack of central cooling. While the property is livable (with a rented ADU), it requires substantial repairs and rehabilitation to bring it to modern standards and address the likely underlying issues of an aging home.
Pros & Cons
Pros
High Available Lot Utilization: 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.
Permitted ADU with Rental Income: The property includes a detached, permitted ADU that is currently rented, providing immediate rental income and flexibility for multi-generational living or investment.
Spacious Lot Size: Situated on a generous 7,492 sq ft lot, offering ample outdoor space, privacy, and potential for further development or extensive landscaping.
Future ADU Potential: The expansive backyard explicitly offers excellent potential for adding a future Jr. ADU, enhancing the property's long-term value and income-generating capabilities.
Ample Parking: The property provides room for up to 4 uncovered parking spaces, a significant convenience in urban areas like Pasadena.
Investment & Multi-Generational Opportunity: Marketed as an ideal opportunity for investors or multi-generational families, highlighting its versatile appeal and potential for value addition.
Cons
Needs Modernization: The main home, built in 1923 and described as 'ready for your personal touch,' likely requires significant updates and renovations to its interior finishes and possibly systems to meet contemporary standards.
Potential for Deferred Maintenance: As an older property (built in 1923), buyers should anticipate potential costs associated with deferred maintenance or necessary upgrades to older infrastructure (e.g., plumbing, electrical, roof).
Modest Main House Square Footage: The main house offers 1,373 sq ft of living space, which may be considered modest for a 3-bedroom home on such a large lot, potentially limiting appeal for buyers seeking more expansive primary living quarters.