2797 Mataro Street, 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 $898,000—positioned above the $833,695 Fair Market Value. While the property requires significant rehabilitation due to its Condition Rating of 5, the 6,721 sqft lot and detached oversized garage provide substantial value-add potential for an ADU conversion. The home features original hardwood floors and mountain views, offering a solid foundation for renovation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors capable of navigating unpermitted improvements and executing a comprehensive value-add project.
Fixer-upper in Pasadena with mountain views and ADU potential. 2 bed, 1 bath home on a large lot. Ideal for investors seeking a value-add project in 91107.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2797 Mataro Street Subject | $898,000* List Price | 2 | 1 | 1,097 | $760 | - |
A 2797 Mataro Sold | $725,000 | 2 | 1 | 1,097 | $661 | 0.0 mi |
B 1000 Del Rey Avenue Sold | $1,037,820 | 2 | 2 | 1,344 | $772 | 0.9 mi |
C 375 Eaton Drive Sold | $1,000,000 | 2 | 1 | 1,227 | $815 | 0.2 mi |
D 2666 San Marcos Drive Sold | $1,060,000 | 2 | 1 | 1,077 | $984 | 0.6 mi |
E 484 N Sierra Madre Boulevard Sold | $1,000,000 | 2 | 1 | 1,419 | $705 | 0.3 mi |
F 491 Mercedes Avenue Sold | $1,145,000 | 3 | 2 | 1,534 | $746 | 0.3 mi |
G 265 Bella Vista Active | $750,000 List Price | 2 | 1 | 986 | $761 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939, this property is explicitly marketed as a 'fixer' requiring significant TLC and rehabilitation. The kitchen and bathrooms are severely outdated, the flooring in bonus areas is unfinished, and the property includes unpermitted conversions. Given its 80+ year age without major recent renovations and the 'as-is' sale condition, it fits the criteria for a rehab project.
Situated on a quiet cul-de-sac in a desirable Pasadena neighborhood, the property offers excellent proximity to high-end shopping like Whole Foods and popular dining at The Foothill Restaurant.
With a detached oversized garage and a 6,721 sqft lot, there is substantial opportunity for an ADU conversion or expansion to maximize the property's equity and rental income.
The home features original hardwood floors and scenic mountain views, providing a charming and solid architectural foundation for a high-end renovation project.
The property was recently sold within the past year on 2026-03-17. The sold price is $725,000.00.
The property is explicitly listed as a fixer-upper in 'as-is' condition, requiring significant capital investment for repairs and modern updates to make it habitable or market-ready.
The detached garage was converted into a studio space without permits, which may lead to compliance issues with the City of Pasadena or require additional costs to legalize the structure.
Situated on a quiet cul-de-sac, this 2 bed 1 bath 1,097 SqFt fixer in Pasadena delivers strong upside for investors or end users looking for an add-value project. The home has original hardwood floors and a bonus room that is perfect for a home office, laundry room, or children's play area. There is a detached, oversized (533 SqFt) 2 car garage that has been converted (without permits) to a studio style space with kitchenette, bath, laundry room and walk-in closet. The home is walking distance to Pure Pilates and The Foothill Restaurant, and just a short drive to Old Town Pasadena or Hastings Ranch. Enjoy shopping areas such as Whole Foods, Vons and Target as well. The home is in need of TLC and repairs and is being sold in its current, as is, condition. Buyer to verify permits, square footage, zoning and ADU potential with the City Of Pasadena.
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 | 1,097 | 1,944.5 | 8% |
| Lot Size | 6,721 | 8,325 | 15% |
| Price | $898.0K | $1.68M | 6% |
| Price per sq ft | $819 | $842 | 42% |
| Built year | 1939 | 1950 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 142 | 2% |
May 12, 2026
$898,000
Initial Listing
Mar 17, 2026
$725,000
Public Record