
Pasadena, California 91107
This Turnkey Duplex represents a Prime Investment Opportunity, listed at $949,000—positioned well below the $976,051 Fair Market Value by 2%. This valuation gap provides $27,051 in Instant Equity. Featuring a Condition Rating of 3, the property includes a refreshed main residence and a detached ADU, offering significant income-producing potential. Its corner-lot location and central air conditioning ensure long-term appeal. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready Pasadena residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 N Carmelo Subject | $899,000* List Price | 3 | 3 | 1,388 | $682 | - |
A 784 Canyon Wash Sold | $1,100,000 | 3 | 2 | 1,436 | $766 | 1.0 mi |
B 1982 Corson Street Sold | $855,000 | 2 | 1 | 1,080 | $792 | 0.5 mi |
C 3190 Estado Street Sold | $844,500 | 3 | 1 | 1,032 | $818 | 0.9 mi |
D 404 N Vinedo Avenue Active | $924,999 List Price | 2 | 1 | 1,121 | $825 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1926, the property has been recently 'refreshed' with brand-new flooring and fresh interior/exterior paint. It includes modern systems like central air conditioning and a functional, updated ADU, making it move-in ready and well-maintained.
The property features a detached ADU with its own kitchen and bathroom that recently commanded $1,850 in rent, providing excellent opportunities for supplemental income or multi-generational living.
The residence is move-in ready, featuring fresh interior and exterior paint, brand-new flooring throughout, and central air conditioning in both the main house and the ADU.
Occupying a desirable corner lot in a sought-after Pasadena neighborhood, the property offers enhanced privacy with mature hedges and convenient access to Caltech and the Huntington Library.
With a total of 1,388 square feet divided between two separate units, the individual living areas and bedrooms may feel undersized for some buyers.
The main house was converted from three bedrooms to two; while restorable, the current layout may not immediately suit families requiring three distinct bedrooms in the primary residence.
Rare opportunity to own a beautifully refreshed corner-lot duplex property in one of Pasadena’s most desirable neighborhoods. Freshly painted inside and out and featuring brand-new flooring throughout, this versatile property offers the perfect blend of charm, flexibility, and future potential. The inviting main residence is currently configured with two bedrooms and one-and-a-half bathrooms. Two of the original bedrooms were combined to create one larger bedroom, offering the potential to restore the home to its original three-bedroom configuration. The residence also features central air conditioning, abundant natural light, and comfortable living spaces designed for everyday living and entertaining. Step outside to your own private backyard sanctuary, where mature hedges provide exceptional privacy and create a peaceful setting for relaxing or enjoying Southern California’s year-round outdoor lifestyle. Adding tremendous value and flexibility is a detached ADU/studio complete with its own kitchen, full bathroom with shower, and air conditioning. Recently rented for $1,850 per month, it provides a compelling example of the property’s income-producing potential. The property will be delivered vacant, giving the new owner immediate flexibility to occupy, improve, or rent the units without an existing tenancy in place. This versatile space is also ideal for extended family, guests, a private home office, creative studio, or other flexible living arrangements. According to county records, the property is identified as a duplex, presenting an outstanding opportunity for homeowners, investors, or those seeking long-term upside. Prior rent is provided for informational purposes only and is not a representation or guarantee of current or future rental income. The desirable corner lot enhances the property’s curb appeal while providing abundant natural light, a driveway with parking for up to three vehicles, and plentiful street parking for family and guests. Conveniently located near shopping, dining, parks, schools, Old Pasadena, Caltech, the Huntington Library, and major commuter routes, this is a rare opportunity to own a move-in-ready Pasadena property offering privacy, versatility, and exceptional value. Whether you are looking for a place to call home, additional space for extended family or guests, or an investment with exciting future potential, 300 N. Carmelo Avenue is a property you will not want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,388 | 1,839.942 |
| Lot Size | 4,912 | 8,508.491 |
| Price | $899.0K | $1.65M |
| Price per sq ft | $648 | $914 |
| Built year | 1926 | 1934 |
| HOA | $0 | $449 |
| Days on market | 20 | 45 |
Sep 3, 2026
$899,000
$924,900
-3% Price Drop
Initial Listing
Aug 28, 2026
$924,900
$949,000
-3% Price Drop
Initial Listing
Aug 20, 2026
$949,000
Initial Listing
Feb 10, 2016
$550,000
Public Record
Sep 27, 1999
$167,500
Public Record