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1550 Loma Vista Street, Pasadena, California 91104, Pasadena, 91104 - 2 bed, 1 bath

1550 Loma Vista Street, Pasadena, California 91104 home-pic-0
ACTIVE UNDER CONTRACT$1,200,000$1,738/sqft
Est. Value: $1,294,215
7%
BelowEstimate
1550 Loma Vista Street, Pasadena, California 91104
2Beds
1Bath
1,738Sqft
10,555Lot

Price Vs. Estimate

The estimated value ($1,294,214.565) is $94,214.565 (7%) higher than the list price ($1,200,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10555, living area = 1738.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1738, other record living area = 1294.

Compared to the nearby listings

Price:$1.20M vs avg $1.35M ($-150,000)31%
Size:1,738 sqft vs avg 1,587 sqft60%
Price/sqft:$690 vs avg $88211%

More Insights

Built in 1922 (104 years old).
Condition: This historic 1922 bungalow is in 'good condition' as stated in the listing, supported by significant functional upgrades including 'upgraded electrical, copper plumbing, and central air and heat.' The interior has been 'recently refreshed with paint' and features 'hardwood floors throughout' which appear well-maintained. The kitchen is 'updated' with stainless steel appliances and granite countertops, and the bathroom includes both a tub and a separate shower stall. While the style of the kitchen cabinets and bathroom tiling may not be ultra-modern (suggesting renovations likely 15-25 years ago), they are clean, functional, and do not require immediate renovation. The property is move-in ready, with major systems within their expected lifespan due to upgrades, aligning well with the 'Good' condition criteria, even if cosmetic 'upgrades' might be desired by a new owner.
Year Built
1922
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25353
Home ConditionGood
Features
View-

About this home

Nestled in the North Pasadena Heights Landmark District, you'll find one of the rare gems of the Arroyo: the Charles F. Mathews home. This charming two-bedroom, one-bath bungalow is 1,294 sf (assessor) with a 444 sf (taped) finished bonus area upstairs, all resting on a 10,555 sf lot (assessor). Clad in Arroyo river rock, sourced from when the area was a natural arroyo, it features intricate cement window detailing that mimics branches, showcasing true artisanal craftsmanship. The entry greets you with a boulder fireplace and a tray ceiling overhead. You'll find an updated kitchen opening to the dining room, and both open to the large rear deck and yard. There is a full bathroom with both a tub and a separate shower stall. The interior was recently refreshed with paint. Hardwood floors are throughout, upgraded electrical, copper plumbing, and central air and heat keep everything comfortable. There is a ton of storage in the bonus room, in the garage, and in the large basement. The fenced backyard offers generous outdoor space ready for your plans. The 600 sf garage (taped) is an excellent ADU candidate if you ever want extra living space, and you won't lose any onsite parking because there's plenty of that. The home is in good condition and ready for your upgrades, and it is located within a historic enclave surrounded by other architecturally significant homes.

M
Michael Bell
Listing Agent

Price History

Date
Event
Price
07/25/02
Sold
$340,000
Condition Rating
Good
This historic 1922 bungalow is in 'good condition' as stated in the listing, supported by significant functional upgrades including 'upgraded electrical, copper plumbing, and central air and heat.' The interior has been 'recently refreshed with paint' and features 'hardwood floors throughout' which appear well-maintained. The kitchen is 'updated' with stainless steel appliances and granite countertops, and the bathroom includes both a tub and a separate shower stall. While the style of the kitchen cabinets and bathroom tiling may not be ultra-modern (suggesting renovations likely 15-25 years ago), they are clean, functional, and do not require immediate renovation. The property is move-in ready, with major systems within their expected lifespan due to upgrades, aligning well with the 'Good' condition criteria, even if cosmetic 'upgrades' might be desired by a new owner.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10555, living area = 1738.
Historic Significance & Location: Nestled in the North Pasadena Heights Landmark District, this Charles F. Mathews home is a rare gem within a historic enclave, surrounded by other architecturally significant properties.
Unique Architectural Details & Craftsmanship: Features distinctive Arroyo river rock cladding, intricate cement window detailing, a boulder fireplace, and tray ceilings, showcasing true artisanal craftsmanship and unique character.
Extensive Upgrades & Modern Comforts: Boasts an updated kitchen, recently refreshed interior paint, hardwood floors throughout, upgraded electrical, copper plumbing, and central air and heat, ensuring comfort and reduced immediate maintenance.
Generous Lot & Outdoor Space with ADU Potential: Sits on a substantial 10,555 sq ft lot with a fenced backyard offering ample outdoor space. The 600 sq ft garage is highlighted as an excellent ADU candidate, providing future expansion possibilities without sacrificing parking.
Functional Bonus Space & Ample Storage: Includes a 444 sq ft finished bonus area upstairs and significant storage options in the bonus room, garage, and a large basement, adding considerable utility and flexibility to the property.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1738, other record living area = 1294.
Limited Bedroom & Bathroom Count: The property offers only two bedrooms and one bathroom, which may limit its appeal to larger families or buyers desiring more private living spaces.
Age of Property & Potential for Further Upgrades: Built in 1922, while charming, the home's age may imply ongoing maintenance considerations. The description also notes it is 'ready for your upgrades,' suggesting potential for additional investment to modernize or personalize.
Absence of Specific Views: The property description explicitly states 'view: None,' which could be a minor drawback in a market where properties with desirable city or mountain views often command a premium.
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