
Pasadena, California 91107
This property presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned above the $895,666 Fair Market Value. While the property requires significant capital, its Fair Condition Rating and 6,254 sqft lot offer a blank canvas for value-add renovations or ADU expansion. Featuring scenic mountain views and a prime location near The Huntington Gardens, this asset is suited for those capable of managing a total rehab. This is an ideal acquisition for Fix-and-Flip Investors or experienced developers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 257 Bella Vista Subject | $1,000,000* List Price | 2 | 1 | 1,008 | $889 | - |
A 2666 San Marcos Drive Sold | $1,060,000 | 2 | 1 | 1,077 | $984 | 0.6 mi |
B 1000 Del Rey Avenue Sold | $1,037,820 | 2 | 2 | 1,344 | $772 | 0.9 mi |
C 265 Bella Vista Active | $750,000 List Price | 2 | 1 | 986 | $761 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is over 100 years old (built 1924) and shows no evidence of modern renovation. The kitchen and bathroom are extremely dated, likely exceeding 50 years without updates. Visible exterior wood rot, peeling paint, and the agent's description of a 'blank canvas' for investors indicate significant deferred maintenance and the need for a total rehab of all major systems.
Situated in a highly desirable Pasadena neighborhood near The Huntington Gardens and San Marino, offering excellent long-term appreciation and prestige.
The property serves as a blank canvas on a generous 6,254 sqft lot, providing ample opportunity for expansion, ADU construction, or a complete custom renovation.
Features beautiful mountain views and unique architectural details like a custom fireplace, maintaining the charm of its 1924 origins.
Sold in 'as-is' condition as a blank canvas, the property likely requires a substantial capital investment to bring it up to modern living standards.
With only 1,008 square feet of living space and a 2-bed, 1-bath configuration, the current layout is restrictive for the $1 million entry price.
Rare opportunity in a prime Pasadena location for investors, developers, and buyers ready to create value. This property offers a true blank canvas in a highly desirable area near The Huntington Gardens, San Marino, and established Pasadena neighborhoods. Surrounded by character homes and long-term ownership, the setting provides strong upside potential for those looking to renovate or reimagine. Just one block from the iconic Rose Parade route, with convenient access to dining, shopping, and local amenities. Scenic mountain views and a unique fireplace design add to the property's character. Opportunities in this location are increasingly limited. Ideal for buyers seeking long-term value and ready to act. Buyer to verify all information, permits, and potential uses including expansion or ADU possibilities with the City of Pasadena and County of Los Angeles. Property sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 1,008 | 1,935.5 | 5% |
| Lot Size | 6,254 | 8,175.5 | 11% |
| Price | $1.00M | $1.67M | 10% |
| Price per sq ft | $992 | $843 | 76% |
| Built year | 1924 | 1950 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 135 | 2% |
May 14, 2026
$1,000,000
Initial Listing