1563 E Elizabeth Street, Pasadena, California 91104, Pasadena, 91104 - 5 bed, 3 bath

1563 E Elizabeth Street, Pasadena, California 91104 home-pic-0
ACTIVE$1,599,000
1563 E Elizabeth Street, Pasadena, California 91104
5Beds
3Baths
2,016Sqft
7,986Lot

Price Vs. Estimate

The estimated value ($1,675,742.58) is $76,742.58 (4%) higher than the list price ($1,599,000). This property may be underpriced.

Key pros and cons

Top Pros:
Income-Generating/Versatile ADU: A newly constructed, fully equipped 2-bedroom, 1-bathroom ADU (749 sq. ft.) with separate utility meters and solar panels offers significant rental income potential or flexible living for multi-generational families.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2016, other record living area = 768. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.

Compared to the nearby listings

Price:$1.60M vs avg $1.35M (+$249,000)76%
Size:2,016 sqft vs avg 1,507 sqft83%
Price/sqft:$793 vs avg $89327%

More Insights

Built in 1924 (101 years old).
Condition: The property features a newly built ADU, which is in excellent condition. The main 1924 Craftsman home is described as 'beautifully maintained' with 'thoughtful updates throughout' and is presented as 'move-in ready.' The exterior image shows a well-kept facade, newer roof, and fresh landscaping. While the main house's age (1924) and the lack of central cooling are noted weaknesses, the significant recent updates and the addition of a new ADU elevate the overall condition to 'Good,' indicating it's move-in ready with no immediate major renovations required.
Year Built
1924
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$793
HOA
-
Days on market
-
Sold On
-
MLS number
25625509
Home ConditionGood
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Charming 1924 Craftsman with Newly Built ADU in Prime Pasadena |Discover the perfect blend of timeless character and modern convenience in this beautifully maintained 1924 Craftsman, ideally situated in one of Pasadena's most sought-after neighborhoods. This inviting 3-bedroom, 2-bathroom residence sits on a generous 7,984 sq. ft. lot and showcases classic architectural details, warm interiors, and thoughtful updates throughout.A newly constructed 2-bedroom, 1-bathroom ADU (749 sq. ft.) adds exceptional value and versatility. Complete with its own kitchen, living room, separate utility meters, and solar panels, the ADU is ideal for extended family, guests, rental income, or multi-generational living.Enjoy scenic mountain views and the convenience that Pasadena has to offer, including its vibrant dining scene, boutique shopping, charming tree-lined streets, and rich cultural attractions such as the Huntington Library and the Norton Simon Museum. This highly desirable neighborhood also provides access to excellent schools and a welcoming community atmosphere.Fresh landscaping enhances the curb appeal, creating a warm and move-in-ready presentation. Whether you're seeking flexible living arrangements or a smart long-term investment, this exceptional property is a rare opportunity in the heart of Pasadena.Don't miss your chance to own a piece of Pasadena historybeautifully updated for today's lifestyle.

Price History

Date
Event
Price
05/21/98
Sold
$140,000
02/10/23
Sold
$750,000
04/26/02
Sold
$250,000
Condition Rating
Good

The property features a newly built ADU, which is in excellent condition. The main 1924 Craftsman home is described as 'beautifully maintained' with 'thoughtful updates throughout' and is presented as 'move-in ready.' The exterior image shows a well-kept facade, newer roof, and fresh landscaping. While the main house's age (1924) and the lack of central cooling are noted weaknesses, the significant recent updates and the addition of a new ADU elevate the overall condition to 'Good,' indicating it's move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Income-Generating/Versatile ADU: A newly constructed, fully equipped 2-bedroom, 1-bathroom ADU (749 sq. ft.) with separate utility meters and solar panels offers significant rental income potential or flexible living for multi-generational families.
Prime Pasadena Location: Ideally situated in a highly sought-after Pasadena neighborhood, providing access to excellent schools, vibrant dining, boutique shopping, cultural attractions, and a welcoming community atmosphere.
Historic Charm with Modern Updates: This beautifully maintained 1924 Craftsman retains its classic architectural details while benefiting from thoughtful updates and fresh landscaping, offering a move-in-ready blend of character and convenience.
Scenic Mountain Views: The property offers desirable scenic mountain views, enhancing its aesthetic appeal and overall desirability.
Generous Lot Size: A substantial 7,984 sq. ft. lot provides ample outdoor space, contributing to privacy and potential for further landscaping or outdoor living enhancements.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2016, other record living area = 768. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Age-Related Maintenance Concerns: As a 1924-built home, despite mentioned updates, potential buyers may face ongoing maintenance or upgrade costs related to older systems (e.g., plumbing, electrical, foundation) not explicitly detailed as fully modernized.
Lack of Central Cooling System: The property description does not mention a central air conditioning system, which could be a significant comfort concern and potential drawback during Pasadena's warmer months for a home of this age.
Main House Square Footage: With a total of 2016 sqft including a 749 sqft ADU, the main 3-bedroom, 2-bathroom residence is approximately 1267 sqft, which might be considered modest for some buyers at this price point.

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