2187 E Villa, Pasadena, California 91107, Pasadena, 91107 - 3 bed, 2 bath
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Pasadena, California 91107
This Mid-Renovation Character Home represents a High-Potential Investment Opportunity with a List Price of $1,300,000—positioned well below the $1,400,000 Fair Market Value by 7%. This valuation gap offers $100,000 in Instant Equity for buyers ready to finalize the interior systems. While currently in Uninhabitable Condition, the property features Modern Kitchen Finishes, Upgraded Flooring, and City Light Views. Located within the Pasadena Unified District, this value-add asset is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2187 E Villa Subject | $1,300,000* List Price | 3 | 2 | 1,520 | $745 | - |
A 1897 Wagner Street Sold | $1,035,000 | 2 | 1 | 1,440 | $719 | 0.4 mi |
B 491 Mercedes Avenue Sold | $1,145,000 | 3 | 2 | 1,534 | $746 | 0.7 mi |
C 2365 Las Lunas Street Sold | $1,395,000 | 3 | 2 | 1,808 | $772 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is currently mid-renovation and is not in move-in condition. While it features high-quality modern updates such as new flooring, windows, and partial bathroom tiling, the home remains uninhabitable due to incomplete bathrooms, missing electrical fixtures, and exposed wall framing. It requires substantial rehabilitation to finish the essential systems and interior surfaces.
Priced at $1,325,000 against an estimated $1,400,000 value, the property offers approximately $75,000 in built-in upside for buyers or investors ready to finalize renovations.
The home features recently upgraded flooring and modernized kitchen finishes, providing a high-quality head start on the interior aesthetic and reducing the overall renovation budget.
Situated in a sought-after Pasadena neighborhood, this 1926 character home offers city light views and sits on a generous 6,753 square foot lot, ensuring long-term appeal.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property requires significant work to complete the bathrooms and install missing electrical fixtures, which may pose challenges for traditional financing and immediate occupancy.
Sold strictly in its current state, the property places the full burden of repairs and completion costs on the buyer, requiring a higher degree of risk tolerance and liquid capital.
Great Opportunity with Built-In Upside! Welcome to 2187 E Villa St, a property full of potential and priced to sell. This home has already seen valuable improvements, including updated kitchen finishes and upgraded flooring, giving buyers a strong head start toward completing a beautiful final product. Listed at $1,325,000, this property is priced below its estimated $1,400,000 value to reflect the remaining work needed. The discount accounts for unfinished items, primarily the bathroom completion and missing electrical fixtures, creating an excellent opportunity for investors, flippers, or buyers looking to customize the final details to their taste. This is your chance to secure a property with approximately $75,000 in built-in value, while finishing the last phase of improvements and maximizing its full potential. Sold As-Is. A rare opportunity for the right buyer to step into a partially updated home with strong upside in a desirable area.
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 | 1,520 | 1,843 | 27% |
| Lot Size | 6,753 | 8,325 | 15% |
| Price | $1.30M | $1.51M | 28% |
| Price per sq ft | $855 | $845 | 53% |
| Built year | 1926 | 1949 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 187 | 1% |
Apr 3, 2026
$1,300,000
Initial Listing
Oct 28, 2024
$1,000,000
Public Record