
Pasadena, California 91107
This Hybrid Investment Opportunity is listed at $1,425,000, positioned slightly above the $1,404,253 Fair Market Value. Featuring a Condition Rating of 2, this property offers a rare dual-residence setup with a 1913 renovated front home and a brand-new 2025 construction rear unit. With high-end designer finishes, private outdoor spa, and an expansive 8,737 sq ft lot, the property provides significant flexibility for rental income or multi-generational living. This turn-key asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking mortgage-offsetting potential in Pasadena.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 261 N Oak Subject | $1,425,000* List Price | 4 | 3 | 2,057 | $683 | - |
A 414 Ne Linda Rosa Ave 416 Sold | $1,400,000 | 4 | 3 | 2,139 | $655 | 0.2 mi |
B 294 Linda Rosa Ave Sold | $1,020,000 | 2 | 2 | 1,260 | $810 | 0.0 mi |
C 48 50 S Parkwood Avenue Sold | $1,600,000 | 0 | 0 | 2,750 | $582 | 0.4 mi |
D 79 N Berkeley Active | $1,345,000 List Price | 4 | 2 | 2,200 | $611 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property features a brand-new 2025 construction rear residence and a fully renovated front home. Both units showcase high-end, designer finishes, modern kitchens with farmhouse sinks and butcher block counters, updated bathrooms, and turn-key systems, requiring no maintenance.
The property features two fully detached homes, including a brand-new 2025 construction, providing an ideal setup for rental income, multi-generational living, or owner-occupancy with a mortgage offset.
Both residences have been professionally curated by an artist with high-end finishes and luxury touches, offering a sophisticated, move-in-ready aesthetic that commands higher market value.
The massive 8,737 sq ft lot is rare for the area, offering private outdoor spaces for both units and significant flexibility for future additions like an ADU or a garage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8747, other record lot size in square feet = 7485. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2057, other record living area = 1486.
The property currently relies on a long driveway for off-street parking and lacks a covered garage, which may be a drawback for some buyers or high-end tenants.
While renovated, the front residence is a 1913 structure, which may present long-term maintenance challenges or system aging issues not found in the brand-new rear unit.
Unlock a premier investment opportunity in a prime Pasadena location, perfectly suited for investors, those pursuing multi-generational living, or owner-occupants looking to offset their mortgage with rental income. This unique property features two fully detached, independent residences on a massive 8,737 sq ft lot, both professionally curated by an artist with no expense spared on the high-end finishes and design. The front residence is a fully renovated two-bedroom, one-bathroom home that seamlessly blends classic structure with modern, luxury touches. Tucked away for privacy, the rear residence is a brand-new 2025 construction offering a modern two-bedroom, two-bathroom floor plan with sophisticated, contemporary design. Each home is equipped with its own dedicated indoor laundry and enjoys private outdoor space. The grounds are thoughtfully landscaped for low-maintenance, drought-tolerant living, featuring mature citrus trees, a relaxing gazebo, and an above-ground spa. A long, private driveway offers ample off-street parking, and the expansive lot provides rare future flexibility, including potential for an ADU addition or garage, subject to buyer verification. Located close to Pasadena’s finest shopping, dining, and transit, this property represents a sophisticated, turn-key asset for any portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 60% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 2,057 | 2,057 | 50% |
| Lot Size | 8,747 | 7,541 | 80% |
| Price | $1.43M | $1.40M | 60% |
| Price per sq ft | $693 | $693 | 50% |
| Built year | 1913 | 1947 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 121 | 20% |
May 27, 2026
$1,425,000
Initial Listing
Nov 30, 1995
$149,000
Public Record