
Pasadena, California 91103
This 1923 duplex represents a High-Potential Investment Opportunity, listed at $1,399,000—positioned above the $1,327,177 Fair Market Value. While priced at a premium, the property offers rare live/work flexibility through its professional music and movement studios. With a Condition Rating of 2, the home features a newer roof and modern interior updates, ensuring stability for the next owner. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through versatile, income-generating bonus spaces in a prime Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1394 N Raymond 2 Subject | $1,399,000* List Price | 0 | 0 | 1,812 | $737 | - |
A 1164 Mentone Active | $1,324,999 List Price | 0 | 0 | 2,183 | $607 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1923 build date, the property has undergone significant recent renovations including a roof replaced within the last 5 years and high-end modern bathroom updates. The interior features updated flooring, recessed lighting, and central HVAC, meeting the criteria for a recent renovation in mint, move-in condition.
The inclusion of a professional music studio and a dedicated movement studio offers rare live/work flexibility and unique income-generating potential for creative professionals.
This 1923 duplex features two 2-bedroom units with modern essentials like central air and in-unit laundry, making it an ideal opportunity for owner-users to offset mortgage costs.
Situated near the Rose Bowl and Old Town Pasadena, the property boasts a newer roof (replaced within 5 years), providing peace of mind and reducing immediate capital expenditure.
The bonus studio spaces require the buyer to verify permitted uses with the city, which may pose a risk if the structures are not fully legalized for rental or commercial use.
Built in 1923, the property's age may lead to higher long-term maintenance costs for vintage systems and infrastructure typical of century-old homes.
This Uncommon Property, tucked between two tree-lined streets in one of Pasadena's most storied neighborhoods, a 1923 duplex, offers a rare blend of vintage character, flexibility, and upside. Each unit offers 2 bedrooms and 1 bathroom, in-unit laundry, and central air — one unit up, and one down, giving each residence its own sense of privacy and separation. A driveway and a two-car carport provides convenient off-street parking for both units. What truly makes this property uncommon are its bonus spaces: a professional music studio and a dedicated movement studio. Buyer, be sure to verify permitted uses and any rental potential with the City of Pasadena; — whether rented out to musicians, instructors, or creatives, or used to generate revenue alongside the residential units themselves. Combined with the two rental units, this property offers flexible live/work possibilities; buyer to verify permitted uses. This property presents multiple income opportunities under one roof, making it a compelling option for gifted owner-users looking to offset their mortgage. Outside, thoughtfully placed trees and shrubs frame the grounds, creating inviting areas for both entertaining and quiet relaxation. A newer roof, replaced within the last 5 years, per seller, adds peace of mind for years to come, helping to preserve the integrity of this 1923 gem. Great nearby access to a library, the Rose Bowl, Old Town, Huntington Hospital and the park across the street. Whether you're drawn to its historic charm, its income potential, or its rare live/work flexibility, this Pasadena duplex is a special find in the Fair Oaks/Orange Grove neighborhood, where properties like this rarely come available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 2.7 |
| Square foot | 1,812 | 2,036.143 |
| Lot Size | 7,673 | 9,244.429 |
| Price | $1.40M | $1.19M |
| Price per sq ft | $772 | $581 |
| Built year | 1923 | 1937 |
| HOA | $0 | $0 |
| Days on market | 42 | 79 |
Jul 29, 2026
$1,399,000
Initial Listing
Apr 5, 2017
$585,000
Public Record