
Pasadena, California 91103
Analysis of 209 Carlton, Pasadena, California 91103 is currently available with a list price of $1,297,700. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1888 with no evidence of recent renovations. The bathroom is severely outdated with peeling paint, aged fixtures, and makeshift plumbing. The listing describes the property as a 'canvas' for remodeling, indicating the need for a full interior rehab and likely complete replacement of electrical and HVAC systems.
The property qualifies for the Mills Act, providing significant property tax savings for owners who commit to preserving and restoring this historic 1888 landmark.
Situated on a generous 11,986 sqft lot, the property offers ample space for expansion, new construction, or the addition of a guest house to create a custom estate.
While the exterior is historic, the interior can be remodeled without restriction, allowing for a seamless blend of modern luxury and historic charm.
As a historic property, exterior modifications are subject to strict preservation guidelines, which may limit architectural changes and increase maintenance costs.
Built in 1888, the home may require significant investment in modernizing core systems such as plumbing, electrical, and foundation to meet current standards.
Opportunity to own a piece of Pasadena history and more. This property offers a compelling blend of preservation and possibility. According to the Historic Preservation Department, the interior may be remodeled without restriction, creating the perfect canvas to merge historic charm with modern living. Set on a spacious rear lot, the property also allows for expansion or new construction, ideal for a guest house, additional structures, or a custom estate layout. Qualifies for the Mills Act tax exemption
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.3 |
| Square foot | 3,314 | 1,839.942 |
| Lot Size | 11,986 | 8,508.491 |
| Price | $1.30M | $1.65M |
| Price per sq ft | $392 | $914 |
| Built year | 1888 | 1934 |
| HOA | $0 | $449 |
| Days on market | 5 | 45 |
Sep 4, 2026
$1,297,700
Initial Listing