1419 Bresee Avenue, Pasadena, California 91104, Pasadena, 91104 - 0 bed, 0 bath
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Pasadena, California 91104
This High-Potential Investment Opportunity is a Dual-Home Residential Income Asset listed at $1,449,000—positioned well below the $1,647,833 Fair Market Value by 12%. This valuation gap provides $198,833 in Instant Equity. Featuring a Condition Rating of 3, the property offers a rare, detached configuration on a 10,570 sq. ft. lot with vacant delivery. While the front cottage requires modernization, the rear unit is updated, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-yield compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1419 Bresee Avenue Subject | $1,449,000* List Price | 0 | 0 | 2,181 | $756 | - |
A 1768 E Orange Grove Boulevard Sold | $1,299,000 | 2 | 2 | 1,561 | $832 | 1.0 mi |
B 1932 E Washington Boulevard Active | $1,424,000 List Price | 0 | 0 | 2,376 | $599 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property consists of two well-maintained detached homes. The rear unit features a modern, recently renovated kitchen with contemporary cabinetry and quartz countertops. The front unit, while older, is move-in ready with high-end stainless steel appliances (Wolf range) and fresh paint. The overall condition is functional and updated, though some surfaces in the front home remain dated.
The property features two completely detached residences on a single lot, providing unmatched flexibility for multi-generational living, a live/work setup, or high-yield rental income.
Situated on a generous 10,570 sq. ft. lot, both homes enjoy their own private backyards and separate parking, a rare find in the Pasadena market that enhances tenant retention and owner privacy.
Both units will be delivered vacant, allowing a new owner to immediately capitalize on current market rents or move in without the legal complexities of existing tenancies.
Both three-bedroom homes feature only one bathroom each, which may be a drawback for modern families and could limit the property's competitive edge against more updated rentals.
The 1924 front cottage is described as being 'full of potential,' suggesting that significant capital investment may be required for modernizing and structural updates.
Exceptional Pasadena opportunity! Two completely detached homes on an expansive 10,000+ sq. ft. lot--a rare configuration delivering unmatched flexibility. Perfect for savvy investors, multi-generational living, or an ultimate live/work setup, both units will be delivered vacant. Front Home: A charming 3BR/1BA cottage full of potential. Highlights include a welcoming front porch, enclosed patio/den, kitchen-adjacent laundry room, and a lush, private backyard, plus a two-car carport and detached storage. Rear Home: A classic 1950s Mid-Century traditional 3BR/1BA with a wonderful sense of privacy. Features its own separate backyard, direct access to a two-car garage, and key updates already completed.Live in one and rent the other, or create the ultimate private compound. Double-home properties on large lots in Pasadena are incredibly hard to find!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,181 | 2,181 | 50% |
| Lot Size | 10,570 | 8,545 | 71% |
| Price | $1.45M | $1.45M | 50% |
| Price per sq ft | $664 | $664 | 50% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 103 | 14% |
Jun 2, 2026
$1,449,000
Initial Listing
Mar 22, 2007
$819,000
Public Record