
Pasadena, California 91103
This Renovated 1920s Character Home is a Strong Value Opportunity, listed at $1,148,000—positioned well below the $1,190,809 Fair Market Value by 3%. This valuation gap provides $42,809 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the residence features a new roof, remodeled bathrooms, and mountain views on an oversized 7,228 sqft lot. Located in the Pasadena Unified district, it blends historic charm with modern efficiency. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey sanctuary with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1993 N Marengo Avenue Subject | $1,148,000* List Price | 3 | 2 | 1,259 | $946 | - |
A 1732 Newport Avenue Sold | $1,099,000 | 4 | 2 | 1,420 | $774 | 0.7 mi |
B 1395 Sunset Sold | $924,000 | 2 | 2 | 812 | $1,138 | 0.9 mi |
C 1827 Glen Avenue Sold | $990,000 | 3 | 1 | 1,000 | $990 | 0.5 mi |
D 1892 N Marengo Avenue Active Under Contract | $1,250,000 List Price | 3 | 2 | 1,352 | $925 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1926, the property has undergone extensive recent renovations within the last 5 years, meeting the 'excellent' criteria. Key updates include a brand-new roof, fully remodeled bathrooms with modern vanities and black fixtures, an updated kitchen with stainless steel appliances and new backsplash, luxury vinyl flooring throughout, and the installation of individual climate control units in bedrooms. The home shows no signs of deferred maintenance and features modern dual-pane windows and fresh paint.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7228, living area = 1259.
The property seamlessly blends 1920s character with essential modern improvements, including a brand-new roof, remodeled bathrooms, dual-pane windows, and luxury vinyl flooring, ensuring a move-in-ready experience.
Situated on an oversized 7,228 sqft lot, the backyard offers rare amenities for the area, including a large fenced lawn, fire pit, fruit trees, and an automatic driveway gate for added privacy and security.
The property only includes a one-car detached garage, which may be insufficient for multi-vehicle households or buyers requiring significant enclosed storage space.
At 1,259 square feet for a three-bedroom configuration, the interior footprint may feel somewhat confined for families or those accustomed to more expansive open-concept layouts.
This one has it all! Big lot, big charm, tons of updates! This move-in ready home pairs original Pasadena character with modern updates throughout, and the oversized backyard gives you the kind of outdoor space that's hard to come by. Step inside to a bright, spacious living room with its original Claycraft tile fireplace and lovely coved ceilings. The formal dining room opens through sliding doors to the patio and backyard, connecting indoor and outdoor space in a way that works for both entertaining and everyday life. The updated kitchen features stainless steel appliances and a cozy nook off to the side, just right for a coffee bar, a breakfast nook, or extra pantry storage. The primary bedroom is generously sized with an en-suite bath that was just fully remodeled, featuring a new walk-in shower, vanity, mirror, and fixtures. Two additional bedrooms sit on the opposite end of the home, each with a walk-in closet, and they share a fully remodeled bathroom. Every bedroom has its own individual climate control for year-round comfort. A dedicated laundry area includes an exterior door leading directly out to the yard. And the yard is where this property really sets itself apart! The big lot includes a large fenced lawn area, a fire pit for evenings outside, and persimmon and lemon trees. An automatic driveway gate provides access to the 1-car detached garage and a covered carport or patio space. Recent improvements include a brand new roof, newer AC, dual pane windows, luxury vinyl flooring, fresh paint throughout, and a new dishwasher. Located just a few blocks from neighborhood restaurants and daily conveniences, with easy access to the 210, 134, and connecting freeways. The Rose Bowl, Old Pasadena dining and shops, and popular parks and trails are all a short drive away. This one is worth seeing in person!
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 | 1,259 | 1,775.5 | 25% |
| Lot Size | 7,228 | 9,040 | 30% |
| Price | $1.15M | $1.56M | 36% |
| Price per sq ft | $912 | $954 | 45% |
| Built year | 1926 | 1949 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 152 | 2% |
Apr 9, 2026
$1,148,000
Initial Listing
Jan 27, 2022
$975,000
Public Record
Sep 28, 2021
$950,000
Public Record