1250 N El Molino Avenue, Pasadena, California 91104, Pasadena, 91104 - 3 bed, 2 bath
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Pasadena, California 91104
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned above the $1,082,884 Fair Market Value. While the property requires a full rehabilitation given its Condition Rating of 5, the 7,520 sqft lot and rare functional basement provide significant value-add potential. This asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to unlock the equity inherent in this prime Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1250 N El Molino Avenue Subject | $1,200,000* List Price | 3 | 2 | 1,568 | $691 | - |
A 1295 E Woodbury Road Sold | $1,110,000 | 2 | 2 | 1,654 | $671 | 1.0 mi |
B 637 Douglas Street Sold | $875,000 | 3 | 2 | 1,100 | $795 | 0.1 mi |
C 1221 Wesley Avenue Active | $1,299,000 List Price | 3 | 2 | 1,373 | $946 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 and explicitly marketed as a 'Fixer-Upper,' this property requires a full rehabilitation. The listing emphasizes renovation and restoration needs, indicating that the kitchen, baths, and systems are likely original or severely outdated, meeting the criteria for a property needing significant rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7520, living area = 1568.
As a classic 1925 fixer-upper on a generous 7,520 sqft lot, this property offers a prime opportunity for restoration or expansion to build equity in a high-demand Pasadena market.
The inclusion of a large basement is a unique feature for the area, providing versatile additional space for a workshop, storage, or potential future living area conversion.
The property is explicitly marketed as a fixer-upper in 'as-is' condition, necessitating a substantial budget and timeline for modernization and structural repairs.
With a list price of $1.2 million for a home requiring significant work, the high entry cost may limit the pool of buyers to those with substantial liquid capital for both purchase and renovation.
Fixer-Upper with Incredible Potential! Opportunity knocks at this classic Pasadena property ready for its next chapter. Featuring approximately 1,568 square feet of living space on a generous 7,520 square foot lot, this 3-bedroom, 2 -bath home offers endless possibilities for renovation, restoration, or customization. A rare highlight is the large basement, providing valuable additional space for storage, a workshop, creative use, or future possibilities (buyer to verify). Bring your vision and transform this property into something truly special. Whether you're looking to restore its original character, modernize the interior, or explore expansion opportunities, the spacious lot and versatile floor plan create a wide range of options. Located in a desirable Pasadena neighborhood close to shopping, dining, parks, schools, and major commuter routes. This property is being sold in its present condition and presents a unique chance to create value in one of Pasadena's most sought-after communities. Don't miss this opportunity to unlock the full potential of this charming home.
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 | 1,568 | 1,614 | 45% |
| Lot Size | 7,520 | 7,504 | 56% |
| Price | $1.20M | $1.34M | 32% |
| Price per sq ft | $765 | $907 | 20% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 123 | 4% |
Jun 8, 2026
$1,200,000
Initial Listing