325 S Los Robles Avenue, Pasadena, California 91101, Pasadena, 91101 - bed, bath
ACTIVE$1,390,000
325 S Los Robles Avenue, Pasadena, California 91101
0Bed
0Bath
2,846Sqft
6,432Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential & Unit Count: Functions as a 4-unit property (quadruplex) despite assessor records, offering existing rental income from three units and immediate lease-up potential for a large vacant studio.
Top Cons:
Unit Count Discrepancy: The property's functional 4-unit status conflicts with the Tax Assessor's 3-unit record, potentially leading to legal, permitting, or financing complexities.
Compared to the nearby listings
Price:$1.39M vs avg $1.39M (+$0)50%
Size:2,846 sqft vs avg 2,846 sqft50%
Price/sqft:$488 vs avg $49833%
More Insights
Built in 1914 (111 years old).
Condition: Built in 1914, this property is explicitly marketed as an 'opportunity to restore' and requires 'significant capital investment and renovation work.' The images confirm this, particularly the kitchen which is in a severely dilapidated and non-functional state with peeling floors, missing cabinet components, and no visible appliances. Other interior spaces show worn carpets, dated finishes, and window AC units, indicating a lack of modern systems. While the exterior structure appears to have architectural appeal, the interior condition necessitates substantial repairs and rehabilitation to be comfortably livable, aligning with a 'poor' rating.
Year Built
1914
Close
-
List price
$1.39M
Original List price
$1.42M
Price/Sqft
$488
HOA
-
Days on market
-
Sold On
-
MLS number
GD25263984
Home ConditionPoor
Features
Good View:
View-
About this home
Attention Investors, Future Pasadena Buyers, and 1031 Exchange Clients! The Tax Assessor shows this as a 3-unit property; however, upon inspection, you’ll find it actually functions as a 4-unit property! The seller is open to selling this property together with the adjacent single-family residence or separately. Located in one of Pasadena’s most desirable and centrally located neighborhoods, this property consists of three 1-bedroom/1-bath units and one large vacant studio (approximately 1,000 sq. ft.). Current rents for the one-bedroom units are $1,471, $1,568, and $1,409. This is an excellent opportunity to restore charming Craftsman-style units, capitalize on strong rental demand, and explore the potential to add ADUs—buyer to verify with the City of Pasadena. Don’t miss out—submit your best offer!
Price History
Date
Event
Price
10/10/01
Sold
$325,000
Condition Rating
Poor
Built in 1914, this property is explicitly marketed as an 'opportunity to restore' and requires 'significant capital investment and renovation work.' The images confirm this, particularly the kitchen which is in a severely dilapidated and non-functional state with peeling floors, missing cabinet components, and no visible appliances. Other interior spaces show worn carpets, dated finishes, and window AC units, indicating a lack of modern systems. While the exterior structure appears to have architectural appeal, the interior condition necessitates substantial repairs and rehabilitation to be comfortably livable, aligning with a 'poor' rating.
Pros & Cons
Pros
Strong Income Potential & Unit Count: Functions as a 4-unit property (quadruplex) despite assessor records, offering existing rental income from three units and immediate lease-up potential for a large vacant studio.
Highly Desirable Location: Located in a 'desirable and centrally located neighborhood' in Pasadena, ensuring robust rental demand and long-term appreciation prospects.
Significant Value-Add Opportunity: Offers potential for substantial value creation through the restoration of charming Craftsman-style units and the exploration of additional dwelling units (ADUs).
Flexible Investment Options: The seller's willingness to sell the property separately or bundled with an adjacent single-family residence provides strategic flexibility for various investor profiles.
Historic Architectural Appeal: Features charming Craftsman-style architecture from 1914, which can attract tenants seeking character and command premium rents in the Pasadena market.
Cons
Unit Count Discrepancy: The property's functional 4-unit status conflicts with the Tax Assessor's 3-unit record, potentially leading to legal, permitting, or financing complexities.
Required Capital for Restoration: The need to 'restore charming Craftsman-style units' indicates that significant capital investment and renovation work will be required post-acquisition.
ADU Potential Requires Verification: While ADU potential is mentioned, the explicit 'buyer to verify' clause highlights that this opportunity is not guaranteed and requires extensive due diligence with the City of Pasadena.