
South Pasadena, California 91030
This California Ranch-style residence presents a Strong Value Opportunity, listed at $1,749,000—positioned well below the $1,786,198 Fair Market Value by 2%. This valuation gap offers $37,198 in Instant Equity. Featuring a Condition Rating of 4, the home offers preserved architectural character alongside a versatile converted garage. Located in the prestigious Marengo School District, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Buy-and-Hold Investors targeting a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2046 Stratford Avenue Subject | $1,749,000* List Price | 3 | 3 | 2,157 | $828 | - |
A 769 Bonita Drive Sold | $1,495,000 | 3 | 2 | 1,430 | $1,045 | 0.8 mi |
B 2034 Marengo Active Under Contract | $1,990,000 List Price | 4 | 3 | 1,998 | $996 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the property is well-maintained but features dated interior elements. The kitchen and bathrooms show renovations (blue tile and white square tile) that appear to be 20-30 years old. While the home is move-in ready with preserved original character, it requires cosmetic updates and likely system inspections to address its age.
Situated in the highly sought-after Marengo School District of South Pasadena, this property offers exceptional long-term value and access to one of the region's most prestigious educational zones.
The 1948 California Ranch-style home features beautifully preserved original details, such as wood-beamed ceilings, providing a level of craftsmanship and vintage charm that is rare in the current market.
The inclusion of a converted garage offers significant flexibility, serving as a high-value bonus space for a home office, gym, or guest accommodations beyond the primary three-bedroom layout.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2157, other record living area = 1765.
Given the home's 1948 construction, buyers may need to budget for potential upgrades to older mechanical, electrical, or plumbing systems to meet modern efficiency standards.
The property is noted as having no significant views, which may be a drawback for buyers specifically looking for the hillside or city vistas often found in the South Pasadena area.
Nestled on a quiet tree-lined street in South Pasadena within the highly sought-after Marengo School District, this charming 1948 California Ranch-style residence seamlessly blends timeless character with everyday comfort. Offering three bedrooms and three bathrooms, the home is filled with warmth and original architectural details that celebrate its heritage. The inviting living room serves as the heart of the home, showcasing beautifully preserved original wood-beamed ceilings that create a sense of character and craftsmanship rarely found today. Thoughtfully maintained throughout, the residence offers a wonderful balance of vintage charm and modern conveniences.The spacious primary suite provides a private retreat, complete with direct access to its own rear patio--an ideal spot for morning coffee or unwinding at the end of the day. The converted garage offers valuable additional living space, perfect a media room, home office/studio, gym, or guest accommodations. Outside, the lush backyard is a true sanctuary, featuring mature landscaping, abundant greenery, and a stunning pergola that creates the perfect setting for outdoor dining, entertaining, or simply enjoying Southern California's year-round sunshine.With its desirable location, original character, versatile floor plan, and beautiful outdoor spaces, this is a rare opportunity to own a special home in one of South Pasadena's most beloved neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,157 | 2,181 |
| Lot Size | 6,647 | 12,237 |
| Price | $1.75M | $2.20M |
| Price per sq ft | $811 | $1.1K |
| Built year | 1948 | 1944 |
| HOA | $0 | $0 |
| Days on market | 30 | 37 |
Jun 22, 2026
$1,749,000
Initial Listing
Dec 8, 1995
$230,000
Public Record