203 Oaklawn Avenue, South Pasadena, California 91030, South Pasadena, 91030 - 6 bed, 7 bath
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South Pasadena, California 91030
This Historic Italian Revival Estate represents a High-Potential Investment Opportunity with a List Price of $3,800,000—positioned well below the $3,966,767 Fair Market Value by 4%. This valuation gap offers $166,767 in Instant Equity alongside significant Mills Act tax savings. While currently holding a Fair Condition Rating due to deferred modernization, the 5,622 SqFt interior and architectural pedigree offer immense ROI potential through restoration. Located in the elite South Pasadena Unified School District, this asset is ideal for Preservation-Minded Investors or Luxury Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 Oaklawn Avenue Subject | $3,500,000* List Price | 6 | 7 | 5,622 | $607 | - |
A 516 Orange Grove Avenue Sold | $2,650,000 | 5 | 4 | 3,680 | $720 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This historic 1912 Italian Revival estate is architecturally significant and well-preserved, but it is classified as 'fair' condition due to deferred modernization. Having been under the same ownership for nearly 50 years, the property likely retains older systems, kitchen appliances, and bathroom fixtures that, while functional, do not meet modern luxury standards. The listing notes suggest a need for significant capital investment to update the interiors and systems, consistent with a home that has been maintained through regular upkeep but lacks recent comprehensive renovation.
Designed by G.L. Stimson as a smaller-scale interpretation of the Wrigley Mansion, this Italian Revival estate includes Mills Act status, offering substantial property tax savings for the owner.
The home features rare, preserved details including rich mahogany trim, original hand-painted wallpaper by Mildred Bryant Brooks, and exquisite wrought iron work that defines its timeless elegance.
With over 5,600 square feet of living space, six bedrooms, and a unique glass-walled backyard studio, the property provides ample room for multi-generational living and creative professional use.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5622, other record living area = 5162.
Available for the first time in nearly 50 years, the property likely requires significant capital investment to update systems and interiors to contemporary luxury standards.
Located in the Oaklawn Historic District, the home is subject to strict preservation guidelines that may limit or complicate desired exterior modifications and renovations.
Welcome to the G.W. Stimson House - a historic, Italian Revival treasure in South Pasadena's prized Oaklawn Historic District. If the home's elegant design seems familiar, it's because renowned architect G.L. Stimson conceived it as a smaller-scale interpretation of his 1909 masterpiece, the Wrigley Mansion (Tournament House). Both properties were built by Stimson's father, G.W. Designated as a South Pasadena Centennial Heritage Home and offering significant property tax savings through its Mills Act status, 203 Oaklawn Ave is a celebration of old-world craftsmanship and timeless beauty. Exquisite curb appeal, a deep, covered front portico, and a distinguished facade establish an immediate sense of classic elegance. Inside, rich mahogany trim, handsome built-ins, and wrought iron detailing bask in the glow of abundant natural light. Whether hosting intimate gatherings or gala events, the home's grand scale and inviting social spaces elevate every occasion. From the sweeping formal living room, to the oversized central foyer, to the elegant dining room with original, hand-painted wallpaper by Mildred Bryant Brooks - you'll love bringing friends and loved ones together in such a beautiful setting. The main level also includes a spacious kitchen with a nearby bedroom en suite, radiant sunroom, bonus room, den, and access to a stunning veranda off the foyer. Five bedrooms and three bathrooms are found upstairs, ensuring you have plenty of space to grow into. You'll host countless joyful celebrations and soirees in the private backyard, where an expansive covered patio offers cooling shade while overlooking a peaceful fountain, grassy lawn, and lush landscaping. An architectural, glass-walled studio also rests in the backyard, offering a sun-drenched sanctuary for work, exercise, or creative projects. Available for the first time in nearly half a century, 203 Oaklawn Ave is more than just a beautifully preserved, historic home - it is a bridge connecting a remarkable past, a present worth savoring, and the future you always envisioned.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 89% |
| Baths | 7.0 | 2.5 | 96% |
| Square foot | 5,622 | 1,997 | 98% |
| Lot Size | 13,600 | 7,502.5 | 80% |
| Price | $3.50M | $1.96M | 91% |
| Price per sq ft | $623 | $1.1K | 4% |
| Built year | 1912 | 1925 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 107 | 13% |
Apr 10, 2026
$3,500,000
$3,800,000
-8% Price Drop
Initial Listing
Mar 4, 2026
$3,800,000
Initial Listing