
Pasadena, California 91107
This property presents a High-Potential Investment Opportunity with a List Price of $895,000—positioned well below the $934,299 Fair Market Value by 4%. This valuation gap offers $39,299 in Instant Equity for buyers ready to address the Condition Rating of 5. Featuring a 7,800 sqft lot and Mountain Views, the home offers significant development potential. Located in the Pasadena Unified district near top-rated schools, this is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3344 Thorndale Road Subject | $895,000* List Price | 2 | 1 | 1,467 | $637 | - |
A 2797 Mataro Sold | $725,000 | 2 | 1 | 1,097 | $661 | 1.0 mi |
B 3747 Arboleda Street Sold | $875,000 | 3 | 2 | 1,109 | $789 | 0.9 mi |
C 191 S San Gabriel Active | $999,999 List Price | 4 | 3 | 1,650 | $606 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 and not on the market for over 60 years, the property is in original condition with a severely outdated kitchen, aged wall heaters, and visible interior deterioration. The listing description explicitly states it 'needs a lot of care' and requires a full rehab, fitting the criteria for a property with significant age and no recent renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1467.
Elementary School: Carver Elementary School (9/10). Middle School: Foothills Middle School (9/10). High School: San Marino High School (10/10).
Situated on a substantial 7,800 sqft lot in unincorporated LA County, this property offers significant opportunity for expansion, ADU addition, or a complete custom rebuild with potentially favorable permitting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7800, other record lot size in square feet = 7625.
Having been held by the same owner for over 60 years, the home is in 'unpolished' condition and will require a substantial capital investment to update its systems and finishes.
The current two-bedroom, one-bathroom layout is undersized for the 1,467 square footage and may not meet the needs of modern families without a costly reconfiguration or addition.
Bring your vision and execute your plan to transform this unpolished jewel into all it can be. Right now it's a large 2-bedroom, 1-bathroom with separate laundry area that needs a lot of care, sitting on a substantial lot right across the street from Willard Elementary school. The two bedrooms are accompanied by a bonus room with fireplace and wall of windows to give a comfortable feeling before even getting started. Upon entering, living room to your right, dining to the left. The kitchen is laid out well including a window to bring in fresh air. This property has not been on the market for over 60 years and located in unincorporated LACounty. Bring your plans and get started right away!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,467 | 1,839.942 |
| Lot Size | 7,800 | 8,508.491 |
| Price | $895.0K | $1.65M |
| Price per sq ft | $610 | $914 |
| Built year | 1938 | 1934 |
| HOA | $0 | $449 |
| Days on market | 9 | 45 |
Aug 31, 2026
$895,000
Initial Listing