2985 San Pasqual Street, Pasadena, California 91107, Pasadena, 91107 - 4 bed, 3 bath
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Pasadena, California 91107
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $2,549,000—positioned well below the $2,543,027 Fair Market Value (Note: Price is at market equilibrium). Featuring a Permitted ADU, 3,974 sq ft of living space, and Critical Infrastructure Upgrades like a bolted foundation, the property offers significant versatility. While the home maintains a Condition Rating of 4, requiring cosmetic modernization, its scale and layout provide immense potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential asset in Pasadena.
Property is moderate renovation needed.
Built in 1965 and on the market for the first time in 20 years, the home is well-maintained but aesthetically dated. The kitchen and bathrooms feature cabinetry and tile-work likely 20-30 years old, and the interior contains dated elements like popcorn ceilings and wood paneling. While the systems (HVAC, sewer, bolted foundation) have been addressed, the living spaces require cosmetic updates to meet modern standards.
The property includes a fully permitted studio ADU above the garage with a kitchenette and bath, providing exceptional versatility for multi-generational living, a private guest suite, or rental income potential.
With nearly 4,000 square feet of living area, the home features an expansive floor plan with vaulted beamed ceilings, a dedicated office, and large bedrooms, offering a scale rarely found in this neighborhood.
The residence boasts significant high-value improvements including a bolted foundation, dual-zone central HVAC, and upgraded sewer piping, reducing immediate capital expenditure for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3974, other record living area = 3864.
Offered for the first time in over 20 years, the interior likely requires aesthetic updates to meet the contemporary luxury standards expected at the $3 million price point.
The large footprint of the 3,974 sq ft home on a 9,349 sq ft lot may feel restrictive for buyers seeking a more expansive backyard or significant lawn space typical of high-end Pasadena estates.
Welcome to 2985 San Pasqual St. First time on the market in over 20 years, this charming residence features 4 bedrooms, 3 baths with an attached ADU totaling over 3,900 sq ft of living space! The entryway welcomes you to a generous first level floorplan, showcasing an expanded family room combo setting with exposed beamed ceilings, vaulted ceilings, and an encompassing formal dining area. Enjoy relaxation, reading and friendly conversations in the bright formal living room complete with gas fireplace. The kitchen includes a cozy breakfast nook and breakfast bar, creating a warm and practical space for meals and family gatherings. Rounding out the first floor is a 3/4 bath off the laundry room, plus a bonus area leading to a separate office/den with plenty of built-in storage.Upstairs on the 2nd level are 4 ample sized bedrooms, including a Primary suite with vaulted beamed ceilings, a built-in vanity table in the bathroom/changing area and opens to the front balcony, also accessible from 2 other bedrooms. Above the garage, a fully permitted ADU studio with kitchenette and bath provides added flexibility for extended family, guests, or a private workspace. Step outside to enjoy the fenced backyard, where mature trees create a peaceful setting alongside a patio that's perfect for outdoor dining and entertaining. Additional features include dual zone central HVAC, a large driveway for multiple vehicles, an attached/direct access 2-car garage, upgraded sewer piping from the house to the street and a bolted foundation. With its spacious layout and thoughtful features, this property presents a wonderful place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 3,974 | 1,947 | 87% |
| Lot Size | 9,349 | 8,361 | 59% |
| Price | $2.55M | $1.72M | 81% |
| Price per sq ft | $641 | $843 | 13% |
| Built year | 1965 | 1950 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 144 | 23% |
May 1, 2026
$2,549,000
$2,999,000
-15% Price Drop
Initial Listing
Mar 15, 2026
$2,999,000
Initial Listing