1944 El Sereno Avenue, Pasadena, California 91103, Pasadena, 91103 - 5 bed, 2 bath
ACTIVE$1,600,000
1944 El Sereno Avenue, Pasadena, California 91103
5Beds
2Baths
2,518Sqft
19,007Lot
Year Built
1911
Close
-
List price
$1.6M
Original List price
$900K
Price/Sqft
$635
HOA
-
Days on market
-
Sold On
-
MLS number
CV25078288
Home ConditionPoor
Features
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.60M(55th), sqft - 2518(70th), beds - 5(87th), baths - 2(50th).
SFR, HOME IN NEED OF MAJOR REPAIR. HOME MOST LIKELY WOULD NOT QUALIFY FOR FINANCING.
Condition Rating
Poor
The listing description states that the home is in need of major repair and likely would not qualify for financing. The property was built in 1911, suggesting it's over 30 years old and likely requires substantial repairs and rehabilitation. The image confirms the need for significant work.
Pros & Cons
Pros
Large Lot Size: The property boasts a substantial lot size of 19,007 sqft, offering ample space for outdoor activities, landscaping, or potential expansion.
Significant Square Footage: With 2,518 sqft of living space, the property provides a generous amount of room for a family or those who appreciate spacious interiors.
Five Bedrooms: The property features five bedrooms, making it suitable for large families or those needing extra space for guests or home offices.
Pasadena Location: Located in Pasadena, the property benefits from the city's desirable amenities, schools, and proximity to cultural attractions.
Potential for Appreciation: Given the significant price increase from the original list price, there is potential for further appreciation with strategic renovations.
Cons
Major Repair Needed: The property is described as needing major repair, indicating significant investment will be required to bring it to a habitable or desirable condition.
Financing Challenges: The listing explicitly states that the home most likely would not qualify for financing, limiting the pool of potential buyers to those with cash or alternative financing options.
Unknown View: The listing indicates 'None' for the view, which may deter buyers seeking properties with scenic vistas.