
Altadena, California 91001
This Turnkey Traditional Home is a Strong Value Opportunity, listed at $875,000—positioned well below the $932,210 Fair Market Value by 6%. This valuation gap offers $57,210 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the property includes a newly converted studio, remodeled kitchen, and 2026 roof updates. Its versatile layout and prime corner lot provide both comfort and rental potential. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready residence or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2386 Glenrose Avenue Subject | $875,000* List Price | 3 | 2 | 1,245 | $749 | - |
A 199 E Altadena Drive Sold | $995,000 | 3 | 2 | 1,256 | $792 | 0.8 mi |
B 2967 Casitas Sold | $1,097,000 | 3 | 2 | 1,288 | $852 | 0.8 mi |
C 738 Stonehurst Dr Sold | $973,100 | 2 | 1 | 1,282 | $759 | 0.6 mi |
D 2941 Glenrose Avenue Sold | $985,000 | 3 | 1 | 1,176 | $838 | 0.6 mi |
E 524 Mountain View Sold | $1,100,000 | 4 | 2 | 1,586 | $694 | 0.4 mi |
F 1/4 Casitas Avenue Sold | $950,000 | 3 | 1 | 1,072 | $886 | 0.6 mi |
G 605 Ventura Street Active | $988,000 List Price | 3 | 2 | 1,330 | $743 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent extensive renovations in 2025 and 2026, including a brand-new roof, new ductwork, and fresh laminate flooring. Both the main kitchen and the newly converted studio feature modern cabinetry, stainless steel appliances, and updated bathrooms, meeting the criteria for a high-quality renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7466, living area = 1245.
The property features significant 2025 and 2026 updates, including a brand-new roof, new ductwork, fresh laminate flooring, and a remodeled kitchen, providing a move-in-ready experience for the buyer.
A newly completed independent studio with its own kitchen, bathroom, and mini-split system offers exceptional flexibility as a guest suite, creative office, or potential rental unit.
At 1,245 square feet for a three-bedroom configuration, the primary living areas may feel compact for families or buyers accustomed to more expansive indoor layouts.
Despite its desirable Altadena location, the property listing indicates no specific views, which may be a disadvantage compared to other hillside properties in the immediate area.
It isn't often that a home with this much heart and history hits the market. Held by the same owners since 1971, this classic Pasadena-area traditional is ready for its next chapter. Tucked behind tall, lush trees on a generous corner lot, the property offers a wonderful sense of seclusion and space from the moment you arrive.Inside, the layout is all about easy living. The inviting living room, anchored by a classic gas-burning fireplace, flows naturally into the dining area and a beautifully remodeled kitchen--making it the kind of space where conversation flows just as easily as the floor plan. Recent 2025 and 2026 updates, including brand-new roof, new ductwork, and fresh laminate flooring throughout, mean you can move right in and start enjoying the home without a daunting to-do list. The primary suite serves as a peaceful retreat, while the additional bedrooms are spacious, bright, and versatile.One of the standout features is the newly converted studio (completed in 2026). This independent space comes equipped with its own kitchen, cabinetry, and a sleek new bathroom with a mini-split system for year-round comfort. Whether you envision a professional creative suite, a quiet music room, or a comfortable space for guests, the flexibility here is unmatched.Outside, the large yards offer plenty of room to breathe, complemented by ample parking for up to four vehicles. Located with easy access to the Rose Bowl, the vibrant dining scene of Old Town Pasadena, and the nearby charms of La Canada, this home perfectly balances a private atmosphere with an incredibly convenient lifestyle. After five decades of being a cherished residence, it's ready to say 'welcome home' to you.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,245 | 2,007 |
| Lot Size | 7,466 | 9,310 |
| Price | $875.0K | $1.36M |
| Price per sq ft | $703 | $755 |
| Built year | 1946 | 1951 |
| HOA | $0 | $0 |
| Days on market | 3 | 54 |
Jul 19, 2026
$875,000
Initial Listing