1487 Asbury Drive, Pasadena, California 91104, Pasadena, 91104 - 3 bed, 2 bath
Loading property details...
1487 Asbury Drive
Pasadena, California 91104
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,486Sq Ft
7,494Lot Size
Property Price
LIST PRICE$1,299,000
EST. MARKET VALUE
$1,422,811
8% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,422,812 Fair Market Value by 8%. This valuation gap offers $123,812 in Instant Equity for the buyer. Featuring a Fully Remodeled Condition Rating, the home includes a modern statement kitchen and updated systems. The corner lot provides significant ADU Potential, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, move-in ready home with long-term appreciation potential.
Estimated Market Value
$1,422,811+$123,811 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1487 Asbury Drive Subject | $1,299,000* List Price | 3 | 2 | 1,486 | $957 | - |
A 1130 Wesley Avenue Sold | $1,135,000 | 3 | 2 | 1,331 | $853 | 0.1 mi |
B 1786 Asbury Drive Sold | $1,460,000 | 3 | 2 | 1,586 | $921 | 0.4 mi |
C 1260 N Michigan Avenue Sold | $1,500,000 | 2 | 3 | 1,427 | $1,051 | 0.3 mi |
D 2151 E Mountain Street Sold | $1,625,000 | 3 | 2 | 1,637 | $993 | 0.9 mi |
E 1266 Wesley Avenue Sold | $1,605,000 | 4 | 2 | 1,770 | $907 | 0.1 mi |
F 733 N Mar Vista Avenue Sold | $1,480,000 | 3 | 2 | 1,632 | $907 | 0.7 mi |
G 1046 N Michigan Avenue Sold | $1,625,000 | 3 | 2 | 1,923 | $845 | 0.4 mi |
H 1998 Layton Street Sold | $1,375,000 | 3 | 2 | 1,614 | $852 | 0.7 mi |
I 805 Merrett Drive Active | $1,100,000 List Price | 3 | 3 | 1,493 | $737 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Fully remodeled turnkey residence with updated HVAC, plumbing, and electrical systems. Features a modern statement kitchen with high-end finishes, new windows, and contemporary flooring throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodel
The residence has been fully renovated with permits, featuring updated HVAC, plumbing, and electrical systems, providing a modern, move-in-ready experience for buyers.
- ADU Potential
The detached garage and spacious corner lot offer significant potential for an Accessory Dwelling Unit (ADU), providing opportunities for rental income or guest housing.
- Prime Location
Ideally situated near Caltech, ArtCenter College of Design, and Old Pasadena, the property offers excellent proximity to world-class dining, shopping, and cultural attractions.
CONSRISKS & DEFICIENCIES
- Modest Square Footage
At 1,486 square feet, the interior living space may feel compact for larger families or those seeking more expansive indoor environments.
- Corner Lot Exposure
While the corner lot provides extra yard space, it also results in increased street exposure, which may lead to higher noise levels and less privacy compared to mid-block homes.
About 1487 Asbury Drive
Don't Miss This Exceptional Pasadena Home!Discover a refined, fully remodeled residence situated on a prime corner lot in one of Pasadena's most desirable neighborhoods. Renovated with permits, this three-bedroom, two-bath home blends modern sophistication with warm, comfortable living.The open-concept floor plan flows seamlessly from the statement kitchen into the main living area, where an elegant fireplace creates a striking focal point. Abundant natural light streams through new windows, showcasing the thoughtful finishes and cohesive design throughout.Extensive upgrades include updated HVAC, plumbing, and electrical systems, offering enhanced efficiency and peace of mind.Outside, the spacious corner lot provides generous, usable yard space, along with a detached garage offering excellent ADU potential, subject to buyer verification. This added flexibility creates exciting possibilities for future expansion, guest accommodations, or rental income.Ideally located just minutes from Caltech, ArtCenter College of Design, and Old Pasadena's renowned dining, shopping, entertainment, and cultural attractions.This turnkey property combines architectural clarity, modern comfort, and long-term potential. Priced to sell don't miss this exceptional opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 7,494 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,486 | 1,839.942 |
| Lot Size | 7,494 | 8,508.491 |
| Price | $1.30M | $1.65M |
| Price per sq ft | $874 | $914 |
| Built year | 1969 | 1934 |
| HOA | $0 | $449 |
| Days on market | 37 | 45 |
Pricing History
Listed for Sale
Aug 3, 2026
$1,299,000
Initial Listing
Sold
Jun 23, 2025
$1,105,000
Public Record
Sold
Jun 20, 2025
$1,086,500
Public Record