
Pasadena, California 91107
This Spacious Mid-Century Residence represents a High-Potential Investment Opportunity, listed at $2,549,000—positioned well above the $2,289,744 Fair Market Value by -11%. While priced above market, the property offers significant utility through its Permitted Studio ADU and 3,900+ sq ft of living space. With a Condition Rating of 4, the home features essential infrastructure upgrades like a bolted foundation and upgraded sewer lines, providing a solid base for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2985 San Pasqual Street Subject | $2,490,000* List Price | 4 | 4 | 3,590 | $693 | - |
A 3521 Yorkshire Road Active Under Contract | $2,090,000 List Price | 3 | 4 | 2,672 | $782 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1965 build with an interior that is significantly dated, likely exceeding 30 years since the last major cosmetic update. The kitchen features older oak cabinetry, tile countertops, and vinyl flooring, while the living areas retain mid-century wood paneling and older carpets. However, it avoids a 'Poor' rating because the major systems have been addressed, including dual-zone HVAC, upgraded sewer lines, and a bolted foundation, making it functional and move-in ready despite the need for modernization.
The property features a fully permitted studio ADU above the garage with a kitchenette and bath, providing excellent flexibility for rental income, multi-generational living, or a private professional workspace.
Boasting over 3,900 square feet of living space, the home offers iconic mid-century elements like vaulted beamed ceilings and an expansive floor plan that includes a dedicated office and multiple bonus areas.
The residence is equipped with essential modern upgrades, including dual-zone central HVAC, upgraded sewer piping to the street, and a bolted foundation, ensuring structural and mechanical peace of mind.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3590, other record living area = 3864.
The property is noted as having no views, which may be a disadvantage for buyers seeking the mountain or city vistas common in premium Pasadena neighborhoods.
Given the 1965 construction and specific mentions of original-style features like built-in vanity tables, the home may require additional investment to modernize the aesthetic to current luxury standards.
Located in one of SE Pasadena's desirable neighborhoods, this mid-Century residence features 4 bedrooms, 3 baths with an attached permitted studio ADU w/1 bath, 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, the fully permitted ADU studio with kitchenette and 3/4 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 great opportunity to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,590 | 1,739.5 |
| Lot Size | 9,349 | 7,979 |
| Price | $2.49M | $1.62M |
| Price per sq ft | $694 | $897 |
| Built year | 1965 | 1936 |
| HOA | $0 | $250 |
| Days on market | 31 | 45 |
Jul 2, 2026
$2,490,000
$2,549,000
-2% Price Drop
Initial Listing
Jun 21, 2026
$2,549,000
Initial Listing