1380 1382 Glen Avenue, Pasadena, California 91103, Pasadena, 91103 - bed, bath
PENDING$1,199,997$1,928/sqft
1380 1382 Glen Avenue, Pasadena, California 91103
0Bed
0Bath
1,928Sqft
7,483Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Pasadena Location: The property is situated in a highly desirable Pasadena location, just minutes from the Rose Bowl, which enhances its rental demand and long-term appreciation potential.
Top Cons:
Age of Property: Built in 1951, the property's age suggests potential for outdated infrastructure, systems (e.g., plumbing, electrical), and deferred maintenance, which may require significant capital outlay.
Compared to the nearby listings
Price:$1.20M vs avg $1.20M (+$0)50%
Size:1,928 sqft vs avg 1,928 sqft50%
Price/sqft:$622 vs avg $49160%
More Insights
Built in 1951 (75 years old).
Condition: Built in 1951, this duplex is explicitly marketed as a 'value-add opportunity' requiring modernization. While some areas have received minor updates like laminate flooring and some kitchen cabinets, the overall condition, particularly the outdated rear unit kitchen, popcorn ceilings, older windows, and visible window AC units, indicates a need for substantial rehabilitation. The property's age suggests major systems (electrical, plumbing, HVAC) are likely outdated and will require significant investment to meet current standards and maximize rental income, aligning with the 'poor' condition criteria.
Year Built
1951
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$622
HOA
-
Days on market
-
Sold On
-
MLS number
DW26009227
Home ConditionPoor
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)
About this home
Home for the Holidays & High Returns: Pasadena Duplex Gem! Prime Pasadena location just minutes from the Rose Bowl. Front unit offers 3BR/2BA; rear unit features 2BR/1BA. Excellent value-add opportunity—ideal for investors looking to modernize and maximize rental income. Ample parking with two 2-car garages plus four tandem spaces. A rare, high-potential property in a highly desirable area, just in time for the holidays.
C
Coral Romero
Listing Agent
Condition Rating
Poor
Built in 1951, this duplex is explicitly marketed as a 'value-add opportunity' requiring modernization. While some areas have received minor updates like laminate flooring and some kitchen cabinets, the overall condition, particularly the outdated rear unit kitchen, popcorn ceilings, older windows, and visible window AC units, indicates a need for substantial rehabilitation. The property's age suggests major systems (electrical, plumbing, HVAC) are likely outdated and will require significant investment to meet current standards and maximize rental income, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Pasadena Location: The property is situated in a highly desirable Pasadena location, just minutes from the Rose Bowl, which enhances its rental demand and long-term appreciation potential.
Income-Generating Duplex: As a duplex with a 3BR/2BA front unit and a 2BR/1BA rear unit, it offers immediate rental income potential and flexibility for investors or owner-occupants.
Significant Value-Add Potential: Explicitly described as an 'excellent value-add opportunity,' ideal for investors looking to modernize and significantly increase rental income and property value.
Ample Parking: The property boasts substantial parking with two 2-car garages plus four additional tandem spaces, a rare and valuable amenity for a multi-unit property in an urban area.
Mountain Views: The property offers desirable mountain views, contributing to its aesthetic appeal and potentially increasing its market value.
Cons
Age of Property: Built in 1951, the property's age suggests potential for outdated infrastructure, systems (e.g., plumbing, electrical), and deferred maintenance, which may require significant capital outlay.
Requires Substantial Modernization: The description highlights a need for investors to 'modernize,' indicating that the property is not turn-key and will require considerable renovation and capital investment to maximize its potential.
Potential for Outdated Systems/Finishes: Given its 1951 build year and the stated need for modernization, it is highly probable that key systems like HVAC, electrical, and plumbing, along with interior finishes, are outdated and will necessitate costly upgrades.