
South Pasadena, California 91030
This Multi-Generational Sanctuary is a Strong Value Opportunity, listed at $1,649,900—positioned well below the $1,703,103 Fair Market Value by 3%. This valuation gap offers $53,203 in Instant Equity. Featuring a Condition Rating of 3, the home offers a flexible multi-level layout, panoramic hillside vistas, and a 10/10 school district location. With significant development potential on a 9,060 sq. ft. lot, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1836 Peterson Avenue Subject | $1,649,900* List Price | 3 | 2 | 2,651 | $642 | - |
A 2030 Hanscom Drive Active Under Contract | $2,100,000 List Price | 4 | 5 | 3,570 | $588 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was remodeled in 2013 and recently refreshed with new flooring and interior paint. At approximately 13 years since the major renovation, the home is well-maintained and move-in ready, fitting the 10-20 year age bracket for functional systems and modern Mediterranean-inspired aesthetics.
Situated in a highly coveted South Pasadena neighborhood with a top-rated 10/10 school district, providing exceptional long-term value and appeal for families.
The unique multi-level design features separate entrances and private decks for each floor, offering rare flexibility for rental income, guest accommodations, or multi-generational living.
Spanning two lots with the potential to build up to four homes, this property offers a remarkable investment opportunity for developers or those looking to create a private compound.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9060, other record lot size in square feet = 8981. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2651, other record living area = 2275.
The multi-level hillside layout and terraced pathways may present mobility challenges and require significant navigation of stairs, which could limit the buyer pool.
With only two bathrooms serving over 2,600 square feet and up to four potential bedrooms, the home may feel underserved for larger families or high-end market expectations.
LOCATION! LOCATION! LOCATION! Nestled within a highly coveted, top-rated 10/10 school district, this private hillside sanctuary offers a rare blend of elegance, versatility, and future potential. Spanning approximately 2,651 square feet on a generous 9,060 square foot lot, this thoughtfully designed residence features 3 bedrooms, 2 bathrooms, and a flexible bonus room that can easily serve as a fourth bedroom, home office, gym, or creative studio. Originally remodeled in 2013 and recently refreshed with new flooring and fresh interior paint, the home seamlessly combines modern comfort with timeless Mediterranean-inspired charm. Warm, inviting living spaces are complemented by abundant natural light, scenic views, and a sense of tranquility rarely found in such a central location. A truly distinctive feature of the home is its multi-level design, with each floor offering its own entrance, living area, and private deck. This unique layout creates exceptional flexibility for multi-generational living, extended guest accommodations, or the potential to occupy one level while generating rental income from another. The home's design also lends itself well to the future addition of an elevator, providing enhanced accessibility and long-term convenience. Wake each morning to sweeping hillside vistas and the gentle sound of birdsong. Thoughtfully designed terraced pathways enhance privacy, safety, and serenity, creating a peaceful retreat that feels worlds away while remaining close to everything South Pasadena has to offer. The expansive outdoor terrace is an extraordinary feature for a hillside property, offering endless possibilities for recreation and entertaining. Envision a basketball court, pickleball court, resort-style pool, sunroom, outdoor kitchen, garden retreat, or even a custom treehouse—all set against a backdrop of natural beauty and breathtaking views. Situated across two lots, this exceptional property also presents remarkable development potential, with the possibility to build up to four homes (buyer to verify with the city). Whether you're seeking a private residence, multi-generational compound, income-producing opportunity, or future development project, this property offers a truly rare combination of lifestyle, flexibility, and investment potential. More than just a home, this is a rare canvas for elevated living, creativity, and lasting value in one of South Pasadena's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,651 | 2,181 |
| Lot Size | 9,060 | 12,237 |
| Price | $1.65M | $2.20M |
| Price per sq ft | $622 | $1.1K |
| Built year | 2013 | 1944 |
| HOA | $0 | $0 |
| Days on market | 28 | 37 |
Jun 24, 2026
$1,649,900
Initial Listing
Oct 29, 2013
$860,000
Public Record
Apr 11, 2012
$470,004
Public Record
Apr 12, 2011
$360,000
Public Record