1969 N Raymond Avenue, Pasadena, California 91103, Pasadena, 91103 - 3 bed, 2 bath
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1969 N Raymond Avenue
Pasadena, California 91103
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,339Sq Ft
9,988Lot Size
Property Price
LIST PRICE$1,148,000
EST. MARKET VALUE
$1,148,000
SUMMARY
This Modern Craftsman Gem is a Strong Value Opportunity, listed at $1,298,000—positioned well below the $1,319,200 Fair Market Value by 1.6%. This valuation gap offers $21,200 in Instant Equity. With a Condition Rating of 2, the home features extensive infrastructure upgrades, including new plumbing and HVAC. The 9,988 sqft lot and flexible zoning provide significant expansion potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-utility asset in Pasadena.
Estimated Market Value
$1,148,000
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1969 N Raymond Avenue Subject | $1,148,000* List Price | 3 | 2 | 1,339 | $857 | - |
A 1892 N Marengo Avenue Sold | $1,350,000 | 3 | 2 | 1,352 | $999 | 0.2 mi |
B 1681 Forest Avenue Sold | $1,265,000 | 3 | 2 | 1,434 | $882 | 0.8 mi |
C 1657 Navarro Avenue Sold | $899,000 | 3 | 1 | 896 | $1,003 | 0.4 mi |
D 463 Toolen Place Sold | $1,225,000 | 3 | 2 | 1,604 | $764 | 0.6 mi |
E 559 Macdonald Street Sold | $1,200,000 | 2 | 1 | 1,115 | $1,076 | 0.9 mi |
F 2070 El Sereno Active | $1,230,000 List Price | 3 | 2 | 1,791 | $687 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone extensive renovations within the last five years, including remodeled bathrooms, a modern kitchen with stainless appliances, and significant system upgrades such as rewired electrical, updated ABS plumbing, a six-year-old roof, and new HVAC systems (central and mini-splits).
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9988, living area = 1248.
- Comprehensive Infrastructure Upgrades
The property has undergone extensive mechanical and structural updates over the last five years, including rewired electrical, new ABS plumbing to the street, a six-year-old roof, and new dual-glazed windows, significantly reducing future maintenance concerns.
- Significant Development Potential
Situated on an oversized 9,988 square foot lot with flexible zoning, this property offers rare opportunities for expansion, multi-generational living, or the addition of an ADU to maximize investment value.
CONSRISKS & DEFICIENCIES
- High Price per Square Foot
With only 1,248 square feet of living space listed at $1.298M, the property commands a premium price per square foot that may be difficult for some buyers to justify despite the large lot size.
- Historic Structural Limitations
As a 1908 build, the home may still possess inherent era-specific constraints such as smaller closet volumes or original foundation characteristics that do not fully align with modern construction standards.
About 1969 N Raymond Avenue
IMPROVED PRICE! COME AND GET IT! Welcome to 1969 N. Raymond Avenue, where classic Pasadena charm meets the kind of opportunity that's becoming increasingly difficult to find. Situated on an expansive nearly 10,000-square-foot lot, this beautifully maintained home offers not only warmth and character but also the space and flexibility today's buyers are searching for. From the moment you arrive, you'll appreciate the inviting curb appeal, mature landscaping, and timeless architectural details that make this home feel uniquely Pasadena. Inside, natural light fills comfortable living spaces designed for everyday living and effortless entertaining while preserving the home's original character. The true standout is what's waiting beyond the back door. The oversized backyard offers exceptional possibilities--whether you envision creating a resort-style outdoor retreat, adding a pool, cultivating an incredible garden, or building an Accessory Dwelling Unit for extended family, guests, rental income, or a private home office (buyer to verify with the City of Pasadena). Opportunities like this are becoming increasingly rare in Pasadena, where usable land is one of the area's most valuable assets. Perfectly positioned just minutes from Old Pasadena, the Rose Bowl, Brookside Golf Course, Eaton Canyon hiking trails, local cafes, restaurants, farmers markets, and the Metro A Line, this home combines neighborhood charm with outstanding convenience. Major employers including Caltech, NASA's Jet Propulsion Laboratory, Huntington Hospital, and Downtown Los Angeles are all within easy reach.Whether you're searching for your forever home, planning for multigenerational living, or looking for a property that offers both immediate enjoyment and long-term upside, 1969 N. Raymond Avenue delivers a rare combination of location, land, lifestyle, and future potential. This isn't simply a home--it's an opportunity to invest in one of Pasadena's most enduring neighborhoods while creating the lifestyle you've imagined. Come experience the possibilities for yourself.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1908
- Lot Size
- 9,988 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,339 | 1,839.942 |
| Lot Size | 9,988 | 8,508.491 |
| Price | $1.15M | $1.65M |
| Price per sq ft | $857 | $914 |
| Built year | 1908 | 1934 |
| HOA | $0 | $449 |
| Days on market | 103 | 45 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,148,000
$1,198,000
-4% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$1,198,000
$1,248,000
-4% Price Drop
Initial Listing
Price Change
Jul 11, 2026
$1,248,000
$1,298,000
-4% Price Drop
Initial Listing
Price Change
May 29, 2026
$1,298,000
Initial Listing
Sold
Jul 29, 2014
$500,000
Public Record
Sold
Jan 23, 2004
$342,500
Public Record
Sold
Jul 17, 2001
$399,000
Public Record
Sold
Mar 20, 2000
$130,000
Public Record