1969 N Raymond Avenue, Pasadena, California 91103, Pasadena, 91103 - 3 bed, 2 bath
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Pasadena, California 91103
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1969 N Raymond Avenue Subject | $1,298,000* List Price | 3 | 2 | 1,248 | $1,057 | - |
A 1892 N Marengo Avenue Sold | $1,350,000 | 3 | 2 | 1,352 | $999 | 0.2 mi |
B 463 Toolen Place Sold | $1,225,000 | 3 | 2 | 1,604 | $764 | 0.6 mi |
C 559 Macdonald Street Sold | $1,200,000 | 2 | 1 | 1,115 | $1,076 | 0.9 mi |
D 1993 N Marengo Avenue Active | $1,128,000 List Price | 3 | 2 | 1,259 | $896 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
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).
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.
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.
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.
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.
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.
Modern Craftsman Gem with Pasadena Charm-large lot with flexible zoning -- from multi-generational living to future expansion or investment potential -- this property offers so much more than just a place to live. Thoughtfully updated over the last five years, this is the kind of home that feels warm, inviting, and ready for its next chapter the moment you walk in. The warmth of the hardwood floors, cozy gas fireplace, and natural light pouring through the new dual-glazed windows make the living spaces feel comfortable and lived-in in the best way. Downstairs, two enclosed bonus rooms give you the flexibility everyone is searching for right now -- whether it's a home office, gym, playroom, guest space, or creative studio. The home has been extensively upgraded with remodeled bathrooms, rewired electrical, new insulation, new siding, updated plumbing with new ABS piping from the house to the street, and a roof that's only six years old. Comfort comes easy with two mini-split systems downstairs, central HVAC upstairs, ceiling fans in the bedrooms, and upstairs washer/dryer hookups for added convenience. Outside, the large backyard and covered patio create the perfect setup for weekend gatherings, outdoor dining, or simply relaxing at the end of the day. The detached two-car garage adds even more functionality and storage. Homes like this don't come along often -- updated where it matters most, full of character, and offering the flexibility today's buyers are looking for. Don't miss this Opportunity to make 1969 N Raymond your forever home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,248 | 1,714 | 23% |
| Lot Size | 9,988 | 9,536 | 55% |
| Price | $1.30M | $1.71M | 38% |
| Price per sq ft | $1.0K | $995 | 60% |
| Built year | 1908 | 1949 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 127 | 4% |
May 29, 2026
$1,298,000
Initial Listing
Jul 29, 2014
$500,000
Public Record
Jan 23, 2004
$342,500
Public Record
Jul 17, 2001
$399,000
Public Record
Mar 20, 2000
$130,000
Public Record