1318 N Marengo Avenue, Pasadena, California 91103, Pasadena, 91103 - 3 bed, 1 bath

1318 N Marengo Avenue, Pasadena, California 91103 home-pic-0
ACTIVE$899,000
1318 N Marengo Avenue, Pasadena, California 91103
3Beds
1Bath
1,295Sqft
3,318Lot

Price Vs. Estimate

The estimated value ($645,951.465) is $253,048.535 (28%) lower than the list price ($899,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Historic Location: Situated in the cherished Garfield Heights Historic District on a picturesque, tree-lined street, offering high walkability and excellent access to major freeways, Old Town Pasadena, and the Rose Bowl.
Top Cons:
Significant Price Discrepancy: The current list price of $899,000 is substantially higher than the estimated property value of $645,951, indicating a potential overvaluation or a need for a strong justification for the premium.

Compared to the nearby listings

Price:$899.0K vs avg $1.35M ($-448,500)20%
Size:1,295 sqft vs avg 1,816 sqft33%
Price/sqft:$694 vs avg $94220%

More Insights

Built in 1912 (113 years old).
Condition: This 1912 Craftsman home has undergone extensive and recent renovations, bringing it to an excellent condition. The kitchen is 'completely reimagined' with white shaker cabinetry, quartz countertops, mosaic tile backsplash, and stainless steel appliances, all appearing new and modern in the images. The bathroom features a double vanity, Carrara white porcelain tile flooring, and a water-efficient toilet, indicating a high-quality, recent update. Key systems like plumbing and electrical have been updated, and the water heater is only 2 years old. The property also boasts new wood-style laminate flooring, LED recessed lighting, a renovated fireplace, and a finished attic with a mini-split A/C unit, all contributing to a virtually new feel despite the original build year. The overall quality, style, and features meet current standards with no deferred maintenance visible.
Year Built
1912
Close
-
List price
$899K
Original List price
$985K
Price/Sqft
$694
HOA
-
Days on market
-
Sold On
-
MLS number
P1-22019
Home ConditionExcellent
Features
Patio
View-

About this home

'Stunning 1912 Craftsman home in Historic Garfield Heights - nestled on a picturesque, tree-lined street in the heart of Pasadena's cherished Garfield Heights Historic District. This home blends timeless Pasadena character with updated comforts for today's lifestyle.Step through the open floor plan featuring reclaimed wood-style laminate flooring, LED recessed lighting, and a beautifully renovated fireplace with a marble hearth, that is also wood burning and is perfect for cozy evenings at home. Four restored original Tiffany ceiling lamps in the living room add a rare and authentic touch of period elegance.The kitchen has been completely reimagined with white shaker cabinetry, quartz countertops, a mosaic tile backsplash, stainless steel appliances, and a peninsula with industrial pendant lighting--ideal for casual dining and entertaining.The primary bedroom offers a walk-in closet and room off the primary that is perfect for a home office, nursery, or reading nook. The 2nd bedroom also features a generous walk-in closet with custom shelving. The bathroom includes a double vanity, Carrara white porcelain tile flooring, and a water-efficient toilet.Upstairs, the fully finished attic offers excellent flexibility as a creative space, home gym, or studio, complete with its own mini split A/C unit. There is also a dedicated laundry area, upgraded copper plumbing (rear of house), updated electrical, a 2-year-old water heater, and an EV charger in the driveway that rounds out the home's functional features.Outdoor, enjoy relaxing evenings on the classic front porch, surrounded by a community known for its charm and walkability. Located minutes from the 210 and 134 freeways, Old Town Pasadena, and the Rose Bowl, you're close to everything yet tucked away in one of the city's most beloved historic enclaves.

Condition Rating
Excellent

This 1912 Craftsman home has undergone extensive and recent renovations, bringing it to an excellent condition. The kitchen is 'completely reimagined' with white shaker cabinetry, quartz countertops, mosaic tile backsplash, and stainless steel appliances, all appearing new and modern in the images. The bathroom features a double vanity, Carrara white porcelain tile flooring, and a water-efficient toilet, indicating a high-quality, recent update. Key systems like plumbing and electrical have been updated, and the water heater is only 2 years old. The property also boasts new wood-style laminate flooring, LED recessed lighting, a renovated fireplace, and a finished attic with a mini-split A/C unit, all contributing to a virtually new feel despite the original build year. The overall quality, style, and features meet current standards with no deferred maintenance visible.
Pros & Cons

Pros

Prime Historic Location: Situated in the cherished Garfield Heights Historic District on a picturesque, tree-lined street, offering high walkability and excellent access to major freeways, Old Town Pasadena, and the Rose Bowl.
Extensive Modern Renovations: The home seamlessly blends historic charm with contemporary living, featuring updated flooring, LED lighting, a renovated fireplace, and a completely reimagined kitchen and bathroom.
Versatile Additional Living Space: The fully finished attic, complete with a mini-split A/C unit, provides flexible space ideal for a home office, gym, or studio, adding significant functional value.
Preserved Period Details: Authentic touches like four restored original Tiffany ceiling lamps enhance the home's unique character and historical elegance.
Key System Upgrades: Recent functional improvements include upgraded copper plumbing, updated electrical, a 2-year-old water heater, and an EV charger, reducing immediate maintenance concerns.

Cons

Significant Price Discrepancy: The current list price of $899,000 is substantially higher than the estimated property value of $645,951, indicating a potential overvaluation or a need for a strong justification for the premium.
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a significant functional limitation for prospective buyers, particularly families.
Modest Lot Size: With a lot size of 3318 sqft, the outdoor space is relatively small, which could be a drawback for buyers seeking a larger yard or potential for outdoor expansion.

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