
South Pasadena, California 91030
This Historic 1924 Craftsman Residence is a Prime Investment Opportunity, listed at $1,849,000—positioned well below the $1,913,983 Fair Market Value by 3%. This valuation gap offers $64,983 in Instant Equity. Boasting a Condition Rating of 4, the home features rare domed ceilings and an authentic Batchelder fireplace. Located a mere 0.3 miles from South Pasadena High and Middle Schools, the expansive 8,195 square foot lot provides significant expansion or ADU potential. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1409 Laurel Street Subject | $1,849,000* List Price | 4 | 2 | 2,107 | $908 | - |
A 2046 Marengo Avenue Sold | $1,995,000 | 3 | 2 | 1,828 | $1,091 | 0.6 mi |
B 1020 Foothill Street Sold | $1,650,000 | 3 | 3 | 1,900 | $868 | 1.0 mi |
C 1515 Indiana Avenue Sold | $1,811,000 | 5 | 4 | 2,827 | $641 | 0.8 mi |
D 1335 Indiana Avenue Sold | $1,742,500 | 3 | 2 | 1,993 | $874 | 0.8 mi |
E 1406 Stratford Sold | $1,480,000 | 3 | 1 | 1,333 | $1,110 | 0.5 mi |
F 735 Garfield Avenue Sold | $1,710,000 | 3 | 2 | 1,912 | $894 | 1.0 mi |
G 1504 Oneonta Knoll Active | $1,995,000 List Price | 3 | 3 | 2,137 | $934 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1924 Craftsman is well-maintained and clean but remains largely in a vintage state, having been held by the same owner for 60 years. While it features charming original architectural details like domed ceilings and a Batchelder fireplace, the kitchen and bathrooms are dated with older tile, cabinetry, and appliances. The presence of carpet over hardwoods and textured ceilings further indicates that the home requires cosmetic and functional modernization to meet current market standards.
This 1924 Craftsman retains rare historic details including an authentic Batchelder fireplace, original teak molding, and unique domed ceilings, offering significant character and value.
Located just 0.3 miles from both South Pasadena High School and Middle School, the property sits in a highly coveted location for families prioritizing top-tier education.
The 8,195 square foot level lot is exceptionally rare for the area, providing ample space for a swimming pool, structural expansion, or a full-size ADU.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2107, other record living area = 2009. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Being offered for the first time in 60 years with carpet over hardwoods, the home likely requires a substantial budget for cosmetic and functional modernization.
The ratio of only two bathrooms for a four-bedroom home of over 2,100 square feet may be a drawback for modern families seeking more contemporary ensuite configurations.
From the magnificent solid mahogany front door to the original teak molding plus an authentic and complete extra-large Batchelder fireplace to the expansive and absolutely level lot – this Traditional Craftsman home has it all. This is a rare 4 bedroom home in South Pasadena. A mere 3/10 of a mile from both South Pasadena High School and South Pasadena Middle School - the central location is a dream. At 4 bedrooms with 2 baths, this home was measured at 2,107 square feet of living space. There is also a California basement (foundation has been bolted), a breakfast room with a large master crafted built in, formal dining room, separate laundry room and attached garage. There are also domed ceilings in the bedrooms upstairs – an incredibly rare architectural feature. It is clear that this builder spared no expense in creating this one-of-a-kind home made for easy living. The clear and level backyard is enormous and could easily lend itself to expansion of the structure – or the addition of a large pool or even full size ADU. Here are some bonus features of this property: There is hardwood flooring under the carpet! The wide tree-lined street is newly paved out front. There are fruit trees in the yard – citrus and fig. Also a nice Japanese maple tree and a thriving Hawaiian Plumeria flowering plant in the back yard plus a giant bird of paradise. There is also a spacious pergola covering a large entertainment patio in the back yard. This is the first time this South Pasadena home has been for sale in over 60 years – so get in to see it - unless you are willing to wait for another 60 years to get a shot at it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,107 | 1,997 | 54% |
| Lot Size | 8,195 | 7,502.5 | 59% |
| Price | $1.85M | $1.92M | 43% |
| Price per sq ft | $878 | $1.1K | 28% |
| Built year | 1924 | 1925 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 107 | 7% |
Apr 15, 2026
$1,849,000
Initial Listing