
Pasadena, California 91105
This Extensively Renovated Estate with a Permitted ADU is a Prime Investment Opportunity, listed at $2,298,000—positioned well below the $2,375,000 Fair Market Value by 3%. This valuation gap offers $77,000 in Instant Equity. Boasting an Excellent Condition Rating after a $1M renovation, the home features panoramic mountain views, a gourmet quartz kitchen, and a newly built 2-bedroom ADU. Located in the Pasadena Unified district, it balances luxury with rental upside. This is ideal for Multigenerational Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 334 Anita Drive Subject | $2,298,000* List Price | 6 | 5 | 2,578 | $921 | - |
A 539 Avon Avenue Sold | $2,554,850 | 5 | 10 | 2,544 | $1,004 | 0.2 mi |
B 232 Glen Summer Road Sold | $2,850,000 | 4 | 3 | 2,596 | $1,098 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive $1M renovation within the last few years, effectively bringing the 1949 structure to modern standards. It features a newly built ADU, a gourmet kitchen with quartz countertops and high-end stainless steel appliances, updated wide-plank flooring, and modern folding glass doors. All major systems, including dual-zone HVAC, plumbing, and electrical, have been recently replaced or upgraded, leaving no deferred maintenance.
With over $1M in recent upgrades, including new dual-zone HVAC, plumbing, and electrical systems, this estate offers the luxury and reliability of a modern build within a classic 1949 footprint.
The inclusion of a newly built, fully permitted 2-bedroom ADU with its own address provides incredible versatility for multigenerational living or significant rental income potential.
Expansive folding glass doors and multiple balconies maximize the breathtaking panoramic views of the San Gabriel Valley and mountains, creating a seamless transition to the professionally landscaped grounds.
Fitting 6 bedrooms into 2,578 total square feet across two structures may result in smaller individual room dimensions or limited common living space compared to other luxury estates.
A recent price reduction from the original listing suggests the property may be facing challenges in meeting initial market expectations for the San Rafael Hills area.
Extensively renovated with over $1M in upgrades, this remarkable estate in Pasadena’s sought-after San Rafael Hills blends luxury living, breathtaking views, and exceptional versatility. The property includes a 4-bedroom, 4-bathroom main residence along with a newly built, fully permitted 2-bedroom, 1-bathroom ADU with its own address (332 Anita Drive), offering ideal accommodations for multigenerational living, guests, a private workspace, or strong rental income potential. The main home captures sweeping panoramic views of the San Gabriel Valley, city lights, and surrounding mountains from multiple vantage points. The primary living level features a sun-filled living room, dining area, and a gourmet kitchen appointed with quartz countertops, stainless steel appliances, a large center island, and abundant natural light. Expansive folding glass doors open to generous balconies, creating seamless indoor-outdoor flow perfect for relaxing or entertaining. Two spacious primary suites offer walk-in closets and spa-style bathrooms. One of the primary bedroom with folding glass doors leading you to your balcony. The other two bedrooms are very spacious as well. The newly constructed ADU offers complete privacy with its own entrance, full kitchen, laundry hookups, private deck, and new water heater — making it perfectly suited for extended family, guests, or income production. Major system improvements include updated plumbing and electrical throughout, an upgraded electrical panel, and a new dual-zone central heating and air system with all new ductwork. Additional features include an attached two-car garage, two covered carports, ample storage, and a beautifully landscaped backyard with mature fruit trees, a putting green, and a large flat lawn ideal for outdoor enjoyment. Furthermore, there is is separate room with its own entrance perfect for an office, gym or wine room. Conveniently located near the Rose Bowl, Norton Simon Museum, Annandale Golf & Tennis Club, The Huntington Library, and Pasadena’s renowned dining and cultural attractions, this exceptional property offers a rare combination of luxury, flexibility, scenic beauty, and investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 90% |
| Baths | 5.0 | 3.0 | 78% |
| Square foot | 2,578 | 2,578 | 50% |
| Lot Size | 8,081 | 11,709 | 33% |
| Price | $2.30M | $2.00M | 63% |
| Price per sq ft | $891 | $884 | 53% |
| Built year | 1949 | 1939 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 204 | 16% |
Mar 18, 2026
$2,298,000
$2,375,000
-3% Price Drop
Initial Listing
Feb 17, 2026
$2,375,000
Initial Listing