1913 Hanford, Pasadena, California 91104, Pasadena, 91104 - 3 bed, 2 bath
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Pasadena, California 91104
This property presents a Strong Value Opportunity with a List Price of $929,000—positioned well below the $979,315 Fair Market Value by 5%. This valuation gap offers $50,315 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional layout with a Detached Guest House ideal for rental income. While the interior requires modernization, the 7,603 sq. ft. lot provides significant expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in Pasadena.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1913 Hanford Subject | $929,000* List Price | 3 | 2 | 958 | $1,022 | - |
A 2038 Oakwood Street Sold | $1,025,000 | 3 | 1 | 1,224 | $837 | 0.2 mi |
B 1437 N Sierra Bonita Avenue Sold | $1,050,000 | 2 | 1 | 1,064 | $987 | 0.5 mi |
C 2193 Casa Grande Street Sold | $962,000 | 2 | 1 | 1,025 | $939 | 0.9 mi |
D 2020 Casa Grande Street Sold | $1,051,670 | 3 | 2 | 1,161 | $906 | 0.9 mi |
E 1394 N Oxford Avenue Sold | $895,000 | 2 | 1 | 928 | $964 | 0.5 mi |
F 1533 Coolidge Avenue Sold | $1,090,000 | 2 | 2 | 1,288 | $846 | 0.6 mi |
G 1255 N Dominion Avenue Sold | $1,200,000 | 3 | 1 | 1,296 | $926 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, the property has received recent cosmetic updates including new flooring and fresh paint. However, the kitchen and bathrooms remain dated; the kitchen features older painted cabinetry with vintage scalloped trim and older appliances, while the bathroom shows a mix of minor updates on an older footprint. It is functional and move-in ready but requires modernization of core systems and cabinetry to move beyond a dated status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7605, living area = 958.
The property features a 264 sq. ft. detached guest house with a kitchenette and bathroom, offering excellent potential for rental income, a home office, or multi-generational living.
Situated on a spacious 7,603 sq. ft. lot, the property provides significant room for expansion or the development of a custom outdoor retreat in a tranquil setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 958, other record living area = 864. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The main residence offers only 958 sq. ft. of living space for a three-bedroom layout, which may result in small individual room sizes and a compact feel.
The guest house is not included in the assessor's records, which could present challenges for financing, appraisals, or future permitting requirements.
Charming and inviting 3-bedroom, 2-bathroom home tucked away on a tranquil private street, situated on a spacious 7,603 sq. ft. lot. A detached 264 sq. ft. guest house (not included in the assessor's records) features 1 bedroom, 1 bathroom, and a kitchenette, making it ideal for guests, extended family, a home office, an art studio, or potential rental income. The interior is bright and airy, enhanced by new flooring, fresh paint throughout, and new roof in 2024. Step outside to a peaceful backyard, where mature trees and gentle breezes create a serene setting for everyday living. The generous lot offers ample room to expand or design your dream outdoor retreat. Conveniently located just minutes from Old Town Pasadena, Caltech, the Rose Bowl, and the Huntington Library, this home is also within walking distance of the many beloved restaurants, cafés, and local shops along Washington Boulevard. Whether you're seeking a charming family home or an investment opportunity with added flexibility, this property offers exceptional potential in one of Pasadena's most cherished neighborhoods. Move in and enjoy its inviting character, or personalize it to create your dream home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 958 | 1,739.5 |
| Lot Size | 7,605 | 7,979 |
| Price | $929.0K | $1.62M |
| Price per sq ft | $970 | $897 |
| Built year | 1926 | 1936 |
| HOA | $0 | $250 |
| Days on market | 15 | 45 |
Jul 7, 2026
$929,000
Initial Listing
Jul 31, 2015
$554,500
Public Record