2235 Garfias, Pasadena, California 91104, Pasadena, 91104 - 6 bed, 4 bath
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Pasadena, California 91104
This Dual-Unit Residential Income Property is a Strong Value Opportunity, listed at $1,700,000—positioned well below the $1,879,811 Fair Market Value by 9%. This valuation gap offers $179,811 in Instant Equity. The asset features a brand-new 2024 ADU with solar and a recently remodeled main house, earning an Excellent Condition Rating. Located in unincorporated LA County near Eaton Canyon, the lot provides mountain views and superior landlord flexibility within the Pasadena Unified School District. It is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2235 Garfias Subject | $1,700,000* List Price | 6 | 4 | 2,546 | $738 | - |
A 1896 E Mountain Street Sold | $1,800,000 | 4 | 3 | 2,144 | $840 | 0.8 mi |
B 1697 N Allen Sold | $1,698,000 | 4 | 4 | 2,152 | $789 | 0.5 mi |
C 1563 E Elizabeth Street Sold | $1,609,000 | 5 | 3 | 2,016 | $798 | 0.8 mi |
D 1155 N Sierra Bonita Avenue Active | $1,749,000 List Price | 4 | 4 | 2,520 | $694 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of a brand-new 2024 ADU and a main house that has been recently and extensively remodeled. Both units feature high-end modern finishes, including shaker-style cabinetry, quartz countertops, farmhouse sinks, and stainless steel appliances. The interior boasts updated recessed lighting, contemporary flooring, and fully renovated bathrooms with modern fixtures. Since the ADU is new and the main house has undergone a comprehensive recent renovation, all components meet current quality standards with no visible deferred maintenance.
The property features two separate 3-bedroom units, including a brand-new 2024 ADU with solar and separate utilities, offering exceptional cash flow or multi-generational living flexibility.
Situated in unincorporated Los Angeles County, the property benefits from a more favorable regulatory environment for landlords compared to the City of Pasadena.
With a recently remodeled main house and a newly constructed ADU, the property is move-in ready with minimal immediate maintenance or capital expenditure required.
The main house is currently leased through June 2026, which prevents immediate owner-occupancy and delays the ability to adjust that unit's rent to current market rates.
The fireplace in the main house is decorative only, and the shared lot configuration may present privacy or parking challenges for two large 3-bedroom households.
Rare Investment Opportunity – Two Income Units on One Lot! Two rental units with separate addresses and strong cash flow in a prime Pasadena foothills location. Or ideal for living in the main house and having family live in the ADU or rent out ADU. Possibilities are endless! Main House (2235 Garfias): Recently remodeled 3 bed, 2 bath home offering approx. 1,330 sq ft. Open living and dining areas with fireplace (decorative only), updated kitchen with stainless steel appliances, indoor laundry, and a finished basement ideal for wine room, office, storage, gym, or bonus space. Garage included for parking. Currently leased with tenant now, lease ends June 2026. ADU (2233 Garfias): Built in 2024 and fully permitted. 3 bed, 2 bath with open living/kitchen layout, stainless steel appliances, in-unit washer/dryer, solar, and separate utilities. Driveway parking included. Lease just ended. Both units have separate mailing addresses on one lot and have been consistently rented. Located in unincorporated LA County (better for investors) near Eaton Canyon, parks, award-winning schools, farmers market, dining, and shopping. Ideal for investors seeking turnkey income in a high-demand area. All pictures with furniture are virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 2,546 | 1,630 | 95% |
| Lot Size | 8,154 | 7,507 | 64% |
| Price | $1.70M | $1.35M | 80% |
| Price per sq ft | $668 | $880 | 12% |
| Built year | 1947 | 1926 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 147 | 31% |
Feb 3, 2026
$1,700,000
Initial Listing
Nov 5, 2021
$1,100,000
Public Record
Jun 28, 2002
$369,000
Public Record
Aug 11, 1995
$201,000
Public Record