300 W Laurel Avenue, Sierra Madre, California 91024, Sierra Madre, 91024 - 3 bed, 2 bath
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Sierra Madre, California 91024
This Single-Family Residence represents a Prime Investment Opportunity, listed at a List Price of $1,348,000—positioned well below the $1,393,938 Fair Market Value by 3%. This valuation gap offers $45,938 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional layout with a sparkling pool and mountain views. While currently tenant-occupied, the property provides a stable foundation for Buy-and-Hold Investors or Owner-Occupants seeking a foothill lifestyle in the Pasadena Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 W Laurel Avenue Subject | $1,348,000* List Price | 3 | 2 | 1,331 | $1,047 | - |
A 187 Adams Sold | $1,200,000 | 3 | 2 | 1,316 | $912 | 0.1 mi |
B 442 Crestvale Drive Sold | $1,560,000 | 3 | 2 | 1,442 | $1,082 | 0.3 mi |
C 661 W Alegria Avenue Sold | $1,155,000 | 2 | 1 | 1,056 | $1,094 | 0.5 mi |
D 320 Toyon Road Sold | $1,500,000 | 4 | 3 | 1,741 | $862 | 0.2 mi |
E 302 W Laurel Avenue Pending | $1,328,000 List Price | 3 | 2 | 1,488 | $892 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is well-maintained but features original 90s-style kitchen cabinetry, white appliances, and dated bathroom fixtures. While functional and move-in ready, it exceeds the 20-year threshold for 'Good' and requires cosmetic updates to meet modern standards.
Situated in the highly desirable North Sierra Madre area, the property offers a quiet lifestyle with close proximity to the Village, local hiking trails, and scenic mountain views.
Built in 1992, this home features a functional single-story floor plan with cathedral ceilings and central HVAC, providing more modern construction standards than many older residences in the area.
The backyard serves as a premium retreat featuring a sparkling pool, custom red-brick decking, and a wood deck, ideal for entertaining and enjoying the serene foothill environment.
At 1,331 square feet for a three-bedroom residence, the interior living spaces may feel somewhat small for buyers accustomed to larger suburban floor plans at this price point.
The property is currently tenant-occupied, which can complicate the showing process and may delay immediate possession for owner-user buyers.
Welcome to 300 W Laurel Avenue, a charming single-story traditional pool home located in desirable North Sierra Madre. Built in 1992, this detached single-family residence offers a clean, bright, and airy floor plan with 3 bedrooms, 2 full bathrooms, and an attached 2-car garage. The spacious living room features cathedral ceilings, abundant natural light, and a cozy gas fireplace, creating a warm and inviting space for everyday living or entertaining. The formal dining area connects comfortably to the kitchen, while the well-appointed kitchen includes appliances and offers a practical layout for cooking, dining, and gathering. The backyard is the true highlight. Enjoy a peaceful and private outdoor setting with a sparkling pool, custom red-brick decking, mature landscaping, and a lovely wood deck overlooking the yard. It is the perfect place for relaxing, entertaining, summer barbecues, or enjoying the quiet foothill lifestyle Sierra Madre is known for. Additional features include central air and heat, single-level living, attached 2-car garage, and a wonderful location near Sierra Madre Village, local restaurants, shops, parks, hiking trails, and nearby Pasadena and Arcadia conveniences. This property is a great opportunity for an owner-user seeking a comfortable pool home in a sought-after foothill community, or for an investor looking for a detached single-family residence in a strong rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,331 | 1,709 |
| Lot Size | 7,430 | 6,554.5 |
| Price | $1.35M | $1.50M |
| Price per sq ft | $1.0K | $844 |
| Built year | 1992 | 1923 |
| HOA | $0 | $0 |
| Days on market | 16 | 54 |
Jul 6, 2026
$1,348,000
Initial Listing
Jul 21, 2005
$1,100,000
Public Record