
Pasadena, California 91104
This Turnkey Duplex represents a Strong Value Opportunity, listed at $898,000—positioned well above the $875,338 Fair Market Value by 2.5%. While priced slightly above market, the property’s Good Condition Rating and extensive 2017 renovations—including HVAC systems, tankless water heaters, and earthquake retrofitting—ensure long-term stability. The elevated lot provides Mountain Views and privacy, making it a versatile asset for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income in a high-demand Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 229 E Washington Subject | $898,000* List Price | 0 | 0 | 1,188 | $737 | - |
A 1501 N El Molino Avenue Active | $1,000,000 List Price | 0 | 0 | 1,560 | $641 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a comprehensive renovation starting in 2017 (approx. 7 years ago), placing it in the 'Good' category. It features modern kitchens with stainless steel appliances, updated flooring, dual-pane windows, and significant system upgrades including newer HVAC, tankless water heaters, and earthquake retrofitting.
The property has been meticulously updated since 2017 with high-value improvements including new HVAC systems, tankless water heaters, dual-pane windows, and earthquake retrofitting, offering a turnkey experience rare for a 1930s build.
As a dual-residence duplex, this property provides exceptional flexibility for owner-occupants to 'house-hack' by offsetting their mortgage with rental income, or for investors seeking a low-maintenance, high-demand Pasadena asset.
The home's elevated position above the street level enhances privacy and provides attractive views of the San Gabriel Mountains and the surrounding neighborhood, adding significant aesthetic appeal.
With a total of only 1,188 square feet divided between two separate residences, the individual living spaces are quite small, which may limit the tenant pool or appeal to families needing more interior room.
Located on Washington Blvd, the property is subject to higher traffic volume and potential noise compared to quieter residential side streets, which could be a concern for some sensitive buyers or tenants.
A Pasadena Property with Room to Live, Grow, and Invest. Set above the street with a welcoming presence, this is the kind of property that surprises you the moment you arrive. What first appears to be a duplex reveals itself as something much more special: two beautifully updated residences that feel like true homes. Lovingly maintained and thoughtfully improved by the current owners since 2017, the property has been updated from top to bottom. Recent improvements include refreshed kitchens, updated flooring and paint, newer appliances, dual-pane windows, HVAC systems, tankless water heaters, foundation earthquake retrofitting, landscaping enhancements, and numerous additional upgrades designed to make ownership easy for years to come. Every improvement was made with an emphasis on quality, comfort, and long-term durability, creating a property that’s as functional as it is inviting. Whether you’re a first-time buyer hoping to offset your mortgage with rental income, searching for flexible multigenerational living, or looking for a turnkey Pasadena investment, this property offers a rare combination of versatility and pride of ownership. The elevated setting creates a sense of privacy, while the low-maintenance design lets you spend less time on upkeep and more time enjoying everything Pasadena has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,188 | 2,217 |
| Lot Size | 5,057 | 8,545 |
| Price | $898.0K | $1.20M |
| Price per sq ft | $756 | $647 |
| Built year | 1937 | 1947 |
| HOA | $0 | $0 |
| Days on market | 9 | 81 |
Jul 13, 2026
$898,000
Initial Listing
Dec 29, 2017
$597,000
Public Record