265 Bella Vista, Pasadena, California 91107, Pasadena, 91107 - 2 bed, 1 bath
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Pasadena, California 91107
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well above the $570,368 Fair Market Value by -22%. As a Heavy Fixer with a Condition Rating of 6, this asset requires significant capital for restoration. However, the expansive 6,256 sq. ft. lot and the 500+ sq. ft. detached garage offer substantial ADU and Income Potential. This project is strictly for Fix-and-Flip Investors or Contractors capable of managing a total renovation in a prime Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 265 Bella Vista Subject | $700,000* List Price | 2 | 1 | 986 | $578 | - |
A 2797 Mataro Sold | $725,000 | 2 | 1 | 1,097 | $661 | 0.2 mi |
B 2797 Mataro Street Active | $898,000 List Price | 2 | 1 | 1,097 | $819 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1924 (>100 years old) with no evidence of renovation, this property is marketed as a 'heavy fixer' and does not qualify for traditional financing, indicating it is unlivable. The kitchen and interior show extreme deterioration, dated systems, and significant neglect, fitting the criteria for land value or total reconstruction.
Situated in a highly desirable neighborhood near top-rated schools and amenities, this property offers significant long-term appreciation and investment upside.
The oversized detached garage has been converted into a 500+ sq. ft. unfinished living space, providing a valuable foundation for a guest house or rental unit.
Boasting a lot larger than similar properties in the area, the 6,256 sq. ft. parcel provides ample room for expansion, a pool, or custom outdoor improvements.
Due to its 'heavy fixer' status, the property does not qualify for traditional financing, restricting the buyer pool to cash or hard money investors.
The home is being sold in as-is condition and requires extensive repairs and updates, necessitating a substantial additional capital investment.
This heavy FIXER offers an outstanding opportunity for investors, developers, contractors, or owner-occupants seeking their next project. Situated on a generous lot in a HIGHLY DESIRABLE Pasadena location, the property offers tremendous upside potential for those with vision and creativity. The home needs repairs and updates, but it provides a strong foundation for reimagining, renovating, or exploring future development opportunities. Property sits on a LARGER lot than all similar-sized properties in the area, with a spacious backyard that offers plenty of usable outdoor space with room for entertaining, expansion, a pool, spa, or other custom improvements. An oversized detached garage has been converted into an UNFINISHED living space (over 500 sq ft) with a kitchenette and 3/4 bathroom. Potential ADU offering additional flexibility and income opportunities (buyer to verify permits, zoning, square footage, and potential uses with the city). Conveniently located near great schools, parks, dining, and freeway access, this value-add property is ready for someone to bring it back to life. Bring your ideas and unlock the full potential of this unique opportunity. Cash or Hard Money Only. Property does not qualify for financing and is being 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 | 20% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 986 | 1,944.5 | 5% |
| Lot Size | 6,256 | 8,325 | 11% |
| Price | $700.0K | $1.68M | 1% |
| Price per sq ft | $710 | $842 | 24% |
| Built year | 1924 | 1950 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 142 | 2% |
May 27, 2026
$700,000
Initial Listing