
South Pasadena, California 91030
This Spanish Colonial Revival residence represents a High-Potential Investment Opportunity, listed at $1,725,000—positioned well below the $1,984,010 Fair Market Value by 13%. This valuation gap offers $259,010 in Instant Equity. With a Condition Rating of 4, the home requires modernization but features a private pool and versatile detached studio. Located in the prestigious Marengo School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build significant long-term value through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2024 Amherst Drive Subject | $1,725,000* List Price | 4 | 3 | 1,966 | $1,009 | - |
A 2046 Stratford Avenue Sold | $1,985,000 | 3 | 3 | 2,157 | $920 | 0.7 mi |
B 915 Lyndon Street Sold | $2,100,000 | 3 | 2 | 1,846 | $1,138 | 1.0 mi |
C 2046 Marengo Avenue Sold | $1,995,000 | 3 | 2 | 1,828 | $1,091 | 0.7 mi |
D 715 Garfield Avenue Sold | $1,750,000 | 3 | 2 | 1,806 | $969 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925 and under the same ownership for over 50 years, the property is well-maintained and clean but significantly dated. The kitchen features older cabinetry and flooring, and the listing explicitly notes the 'opportunity to update and personalize,' indicating that while functional, the interior finishes and likely the core systems are well beyond the 20-year mark.
Situated in the highly coveted Marengo School District and within walking distance to Garfield Park and local amenities, offering exceptional neighborhood value.
Features a detached studio and an additional room off the primary suite, providing flexible options for a home office, gym, or guest retreat.
This 1925 Spanish Colonial Revival home retains its architectural charm and includes a private pool, a rare and desirable feature in this historic area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Offered for the first time in 50 years, the property likely requires significant cosmetic and system updates to meet contemporary standards.
With a lot size of approximately 5,262 square feet, the presence of a pool and detached studio leaves minimal traditional yard space for other uses.
Offered for the first time in more than 50 years, this Spanish Colonial Revival pool home presents a rare opportunity in South Pasadena’s highly sought-after Marengo School District. Situated on a charming, picturesque street, this bright and airy 4-bedroom, 2.5-bath residence also features a versatile bonus studio adjacent to the garage—ideal for a home office, creative space, gym, or guest retreat. The exceptional neighborhood location is just a few blocks from Marengo Elementary and South Pasadena Middle School, with Garfield Park, Eddie Park, local shops and restaurants, and the South Pasadena YMCA also nearby. With South Pasadena’s award-winning schools and so much of the community within easy reach, the location offers an ideal combination of neighborhood charm and convenience. Inside, the sun-filled living room offers peaceful, leafy views of the front yard, while the inviting dining room and den open to the backyard, creating a wonderful sense of openness and an easy indoor-outdoor connection for everyday living and entertaining. The bright and spacious kitchen offers abundant cabinetry, generous workspace, and plenty of potential to make it your own. A ground-level bedroom with an attached 3/4 bath provides added flexibility and would also make an ideal home office or guest room. Upstairs, the bedrooms enjoy beautiful treetop views from multiple windows. The primary bedroom features an adjoining bonus room accessed through French doors, creating a flexible space for a private office, nursery, reading room, or peaceful retreat. Filled with natural light, character, and possibilities, this special home offers the opportunity to update and personalize while enjoying one of South Pasadena’s most desirable neighborhood settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,966 | 1,933 |
| Lot Size | 5,262 | 8,564.167 |
| Price | $1.73M | $2.16M |
| Price per sq ft | $877 | $1.0K |
| Built year | 1925 | 1942 |
| HOA | $0 | $0 |
| Days on market | 15 | 40 |
Aug 25, 2026
$1,725,000
Initial Listing