
Pasadena, California 91103
This Value-Add Residential Asset is a Prime Investment Opportunity, listed at $770,000—positioned well below the $790,104 Fair Market Value by 2%. This valuation gap provides $20,104 in Instant Equity. While maintaining a Functional Condition Rating, the 1953-built home features a private yard with a patio and a light-filled layout that requires cosmetic modernization to meet current market standards. Located in a prime Pasadena area, this property is a strategic choice for Owner-Occupants or first-time buyers seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 280 Macdonald Street Subject | $770,000* List Price | 2 | 1 | 998 | $792 | - |
A 256 Macdonald Street Sold | $764,000 | 2 | 1 | 800 | $955 | 0.0 mi |
B 194 E Washington Boulevard Sold | $665,000 | 2 | 2 | 950 | $700 | 0.6 mi |
C 545 Stanton Street Sold | $830,000 | 3 | 2 | 1,283 | $647 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this home is functional and maintained but shows significant signs of age. The kitchen is outdated with visible wear and chipping on the cabinetry and older laminate countertops. The interior features dated popcorn ceilings and older window treatments, while the bathroom has only been partially updated with a newer vanity. The property requires cosmetic modernization to meet current market standards.
Situated in a highly desirable neighborhood, the property offers convenient access to local dining, shopping, parks, and major commuter routes, making it ideal for urban professionals.
The home features a well-designed layout filled with natural light, creating an inviting atmosphere that flows seamlessly between the living, dining, and kitchen areas.
The property includes a private yard that serves as a versatile outdoor oasis for relaxation or weekend gatherings, adding significant lifestyle value in a dense residential area.
With under 1,000 square feet of living space and only one bathroom, the home may feel restrictive for growing families or those requiring a primary suite.
The 3,466 square foot lot is relatively small for the area, which may limit future expansion potential or extensive landscaping projects.
Charming Pasadena Home with Character, Comfort & Prime Location! Welcome to this delightful home offering timeless charm, comfortable living, and an unbeatable location in one of Pasadena’s most desirable neighborhoods. Step inside to a bright and inviting interior filled with natural light, where a functional layout creates a warm and welcoming atmosphere. The living spaces are designed for both everyday comfort and effortless entertaining, flowing seamlessly into the dining area and kitchen. The bedrooms provide peaceful retreats with flexibility for guests, a home office, or creative space, while the home’s overall design offers both practicality and charm. Outside, enjoy a private yard perfect for relaxing, entertaining, or creating your own outdoor oasis. Whether it’s weekend gatherings or quiet evenings under the stars, this space adds to the home’s appeal and livability. Ideally located in the heart of Pasadena, you’re just minutes from local dining, shopping, parks, and cultural attractions, with easy access to major commuter routes. This is a wonderful opportunity to own a charming home in a sought-after Pasadena location, schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 998 | 1,791 | 13% |
| Lot Size | 3,466 | 9,086 | 11% |
| Price | $770.0K | $1.57M | 9% |
| Price per sq ft | $772 | $955 | 29% |
| Built year | 1953 | 1950 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 142 | 2% |
Mar 18, 2026
$770,000
Initial Listing
Mar 31, 1999
$109,000
Public Record