
Pasadena, California 91104
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well below the $1,121,811 Fair Market Value by -6%. While the home carries a Fair Condition Rating, the separate rear living quarters and permitted 500 sqft structure offer significant ADU potential for rental income. The nearly 7,000 sqft lot provides rare RV/boat parking in a prime, walkable Pasadena location. This is a strategic value-add asset ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on renovation-driven equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1383 N Oxford Subject | $1,200,000* List Price | 3 | 2 | 1,452 | $773 | - |
A 892 N Chester Avenue Sold | $925,000 | 2 | 1 | 1,340 | $690 | 0.7 mi |
B 1182 N Mar Vista Sold | $1,210,000 | 3 | 1 | 1,239 | $977 | 0.6 mi |
C 2038 Oakwood Street Sold | $1,025,000 | 3 | 1 | 1,224 | $837 | 0.6 mi |
D 2193 Casa Grande Street Sold | $962,000 | 2 | 1 | 1,025 | $939 | 0.8 mi |
E 1533 Coolidge Avenue Sold | $1,090,000 | 2 | 2 | 1,288 | $846 | 0.9 mi |
F 1295 E Woodbury Road Sold | $1,110,000 | 2 | 2 | 1,654 | $671 | 0.6 mi |
G 2020 Casa Grande Street Sold | $1,051,670 | 3 | 2 | 1,161 | $906 | 0.6 mi |
H 1221 Wesley Avenue Active Under Contract | $1,199,000 List Price | 3 | 2 | 1,373 | $873 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925, this property shows significant age with no evidence of recent renovations. The interior features dated popcorn ceilings, old carpeting, and aging systems like wall heaters, with the listing explicitly marketing it as a fixer-upper for contractors and investors.
The property features separate rear living quarters with its own entrance and a detached 500 sqft permitted structure, offering exceptional opportunities for rental income or multigenerational living.
Situated in a desirable Northwest Pasadena neighborhood, the home is within walking distance of popular local landmarks like The Italian Deli and Panos Bakery, enhancing its lifestyle appeal.
This 1925-character home sits on a nearly 7,000 sqft lot with a long driveway suitable for RV or boat parking, providing a rare combination of architectural charm and functional space.
The residence requires significant cosmetic updating and 'tender loving care,' necessitating a substantial immediate capital investment for renovations to reach its full market potential.
As a century-old structure, the property may present unforeseen infrastructure challenges during the renovation process, potentially increasing the complexity and cost of modernizing the home.
Great Investment Opportunity! . . . Some of the best opportunities are homes with exceptional locations, & untapped potential. This Pasadena property checks every box. . . Welcome to 1383 N. Oxford Avenue. Situated in one of Northwest Pasadena's most desirable neighborhoods, this charming 1925-character home offers approximately 1,452 square feet of living space on nearly a 7,000-square-foot lot. While the home would benefit from cosmetic updating and a little tender loving care, the real value lies in its flexibility, location, and future possibilities. . . Premier Pasadena location. Neighborhood has wonderful restaurants and boutique markets within walking distance, including The Italian Deli, Panos Bakery, 786 Degrees Pizza, Deluxe 1717 and so much more! . . . Income potential. The home already features a separate rear living area with its own entrance, kitchen, and bath—ideal for multigenerational living, rental income, or a private guest suite. . . Future ADU opportunity. A detached, permitted structure of approximately 500 square feet presents exciting possibilities for conversion into an Accessory Dwelling Unit (buyers should verify all plans and approvals with the City of Pasadena). . . Large usable lot. Long driveway with room for multiple vehicles, RV, or boat parking—an increasingly valuable feature in Pasadena. . . Character worth preserving. Original 1925 architecture, inviting front porch, fireplace, generous living spaces, and mature landscaping provide an excellent foundation for thoughtful renovation. There are long-established fruit trees in the backyard. This property offers the rare combination of location, versatility, and expansion potential in a neighborhood where renovated homes regularly command premium prices. With strategic improvements, this home has the potential to become a standout residence while creating multiple avenues for increased value. . . Whether you're an investor seeking your next project, a contractor looking for a rewarding renovation, or a homeowner eager to build equity, this property represents an opportunity to transform this home into something truly exceptional! . . . Built in 1925 . . 3 Bedrooms . . 2 Bathrooms . . Approximately 1,452 SF . . Approximately 6,998 SF lot . . Detached permitted structure with ADU potential . . Separate rear living quarters . . Long driveway with abundant parking . . Located minutes from shopping, restaurants, parks, and convenient freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,452 | 1,839.942 |
| Lot Size | 6,998 | 8,508.491 |
| Price | $1.20M | $1.65M |
| Price per sq ft | $826 | $914 |
| Built year | 1925 | 1934 |
| HOA | $0 | $449 |
| Days on market | 48 | 45 |
Jul 23, 2026
$1,200,000
Initial Listing