1600 Fair Oaks, South Pasadena, California 91030, South Pasadena, 91030 - bed, bath
1600 Fair Oaks
South Pasadena, California 91030
Property Price
SUMMARY
Analysis of 1600 Fair Oaks, South Pasadena, California 91030 is currently available with a list price of $2,149,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the South Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1924, this property is over 50 years old. While the exterior appears well-maintained, the listing lacks any interior images, particularly of kitchens and bathrooms. The property analysis explicitly notes 'Lack of Unit Interior Details' and suggests 'dated finishes or systems requiring future investment' and 'eventual need for significant capital expenditures on major systems.' This indicates that while the property is likely functional and has received regular upkeep, its interior components are probably outdated and will require minor to substantial updates to meet modern standards, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Opportunity
This property is explicitly marketed as a 'prime investment opportunity' in a highly desirable and coveted community, indicating strong potential for appreciation and rental income.
- Strong Rental Demand
Located in South Pasadena, the property benefits from 'strong rental demand' in a sought-after area, ensuring consistent occupancy and competitive rental rates.
- Diversified Income (Quadruplex)
As a 4-unit multi-family property with an 'ideal mix of unit types' (3x 1-bed, 1x 2-bed), it offers diversified income streams and reduced vacancy risk compared to single-family rentals.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12196, other record lot size in square feet = 11985.
- Age of Property
Built in 1924, the property's age, despite being 'well-maintained,' suggests potential for higher long-term maintenance costs and the eventual need for significant capital expenditures on major systems (e.g., plumbing, electrical, roof).
- Recent Price Reduction & Back on Market
The property recently came 'BACK ON THE MARKET!' and experienced a price reduction from $2,299,999 to $2,149,900, which could raise questions for potential buyers about previous transaction issues or market resistance.
About 1600 Fair Oaks
BACK ON THE MARKET! No fault to seller. Prime investment opportunity in highly desirable South Pasadena! This well-maintained 4-unit multi-family property offers an ideal mix of unit types. The building features 3 spacious 1 bedroom / 1 bath units plus a larger 2-bedroom / 1 bath unit perfect for strong rental demand in this sought-after area. Appreciate the convenience of a 4-car garage along with additional parking in the long driveway. Located within walking distance to schools, local shops, restaurants and other neighborhood amenities. This property delivers unmatched location appeal. Don't miss your chance to own in one of the most coveted communities in the San Gabriel Valley!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 12,196.8 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,428 | 1,986 | 80% |
| Lot Size | 12,196.8 | 7,740 | 80% |
| Price | $2.15M | $1.44M | 80% |
| Price per sq ft | $627 | $780 | 40% |
| Built year | 1924 | 1922 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 162 | 20% |
Pricing History
Listed for Sale
Feb 2, 2026
$2,149,900
$2,299,999
-7% Price Drop
Initial Listing
Price Change
Nov 26, 2025
$2,299,999
Initial Listing