1323 Indiana Avenue, South Pasadena, California 91030, South Pasadena, 91030 - 3 bed, 3 bath
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South Pasadena, California 91030
This restored 1924 Mediterranean Villa is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,130,316 Fair Market Value by 6%. This valuation gap provides $135,316 in Instant Equity. Boasting an Excellent Condition Rating after a comprehensive 2024 restoration of all major systems, the home features panoramic canyon views and a separate 280-square-foot studio. Located in the elite South Pasadena Unified School District, it balances historic charm with modern infrastructure. This is an ideal acquisition for Owner-Occupants or lifestyle-driven buyers seeking a turnkey hillside retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1323 Indiana Avenue Subject | $1,995,000* List Price | 3 | 3 | 2,052 | $1,038 | - |
A 1500 Oxley Street Pending | $2,250,000 List Price | 3 | 2 | 2,196 | $1,025 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1924 villa underwent a comprehensive restoration in 2024, effectively bringing it to like-new condition. The renovation included critical infrastructure updates such as a new roof, HVAC, plumbing, electrical, and foundation work. The interior features high-quality kitchen appliances, refinished original oak flooring, and a completely remodeled separate studio suite. Because all major systems and cosmetic finishes were updated within the last year, it meets the criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15324, living area = 2052.
The 1924 villa has been meticulously restored with new essential systems, including HVAC, roof, plumbing, and electrical, offering the perfect blend of historic character and modern reliability.
A separate, fully remodeled 280-square-foot studio with a private entrance provides excellent versatility as an in-law suite, professional home office, or potential rental unit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2052, other record living area = 1772. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The terraced, multi-level nature of the hillside lot and home design involves numerous stairs, which may pose accessibility challenges for some buyers or those with mobility concerns.
With only two bedrooms in the main house and the third located in a separate structure above the garage, the layout may not be ideal for families desiring all primary living quarters under one roof.
Reminiscent of a Mediterranean hillside retreat, this rare 1924 villa in South Pasadena pairs canyon vistas and terraced gardens with the relaxed elegance of California indoor-outdoor living. Set on an expansive 15,324 sq ft lot, the property is surrounded by lush greenery. Approaching the front door, you're greeted by a large clay-tiled patio with sweeping canyon views extending all the way to the San Gabriel Mountains. Upon entry, an airy living room-complete with a working fireplace-fills with natural light from a collection of original swinging windows. A pair of double French doors leads to a spacious wooden deck, perfect for entertaining. Continue into the full-size dining room and through a well-appointed kitchen, where another set of double French doors opens to a charming outdoor dining and BBQ garden. At the rear of the property is a large, pebbled, level yard ideal for a playground, garden retreat, or private fitness space. The indoor-outdoor flow of this terraced, multi-level home is truly unique, evoking the feeling of a Mediterranean hillside escape. Nearly every room enjoys direct outdoor access, and each window frames surrounding plant life. Upstairs are two bedrooms and a full bathroom. Just off the main bedroom is an additional room that would make an excellent office, nursery, or reading room. Below the main house, above the two-car garage, is a completely remodeled 280-square-foot third bedroom, in-law suite, or studio with a full bathroom and its own private entrance. Since acquiring the home in 2024, the current owners have thoughtfully restored the property to honor its rich original character and period details while integrating modern systems and amenities. Major improvements include updated plumbing, sewer, and electrical systems; foundation work; a new roof and HVAC; tankless water heater; refinished original oak floors; and high-quality kitchen appliances. All just moments away from the charming heart of South Pasadena, with its beloved cafes, bistros, farmers market, boutique shops, parks, library, and award-winning schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 2,052 | 1,997 | 54% |
| Lot Size | 15,324 | 7,502.5 | 83% |
| Price | $2.00M | $1.96M | 50% |
| Price per sq ft | $972 | $1.1K | 43% |
| Built year | 1924 | 1925 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 107 | 11% |
Mar 12, 2026
$1,995,000
Initial Listing
May 7, 2024
$1,575,000
Public Record