3744 Anita Avenue, Pasadena, California 91107, Pasadena, 91107 - 5 bed, 3 bath
ACTIVE$1,600,000$2,490/sqft
Est. Value: $1,871,311
16%
BelowEstimate
3744 Anita Avenue, Pasadena, California 91107
5Beds
3Baths
2,490Sqft
21,000Lot
Price Vs. Estimate
The estimated value ($1,871,310.86) is $271,310.86 (16%) higher than the list price ($1,600,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21000, living area = 2490.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2490, other record living area = 1440. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Compared to the nearby listings
Price:$1.60M vs avg $1.46M (+$138,056)57%
Size:2,490 sqft vs avg 1,846.5 sqft73%
Price/sqft:$643 vs avg $85413%
More Insights
Built in 1929 (97 years old).
Condition: Built in 1929, this property is in extremely poor condition, requiring substantial repairs and rehabilitation throughout. The kitchen features very dated wood paneling, old laminate countertops, and outdated appliances, necessitating a full renovation. Bathrooms are similarly outdated with peeling wallpaper, old vanities, and worn fixtures, despite one shower appearing to have a more recent (but basic) surround. Interior ceilings show significant damage with missing acoustic tiles and exposed materials, and flooring is a mix of heavily worn carpet, old hardwood, and dated vinyl. The presence of window AC units indicates a lack of modern central cooling. The exterior also shows significant deferred maintenance. While the listing mentions 'immediate use,' the overall state is very uncomfortable and requires extensive system replacements and cosmetic overhauls, aligning with the 'poor' category's description of significant defects and substantial rehabilitation needs.
Year Built
1929
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$643
HOA
-
Days on market
-
Sold On
-
MLS number
SW26001114
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
Deck
Patio
ViewMountain(s), Neighborhood
About this home
Located in a highly desirable Pasadena neighborhood, this property presents a rare development opportunity on an expansive 0.48-acre lot. The existing residence offers 5 bedrooms, 2.5 bathrooms, and approximately 2,490 square feet of living space, providing immediate use while planning future possibilities. The oversized lot features multiple detached structures, including a 320 sqft workshop, a 168 sqft storage house, and a 400 sqft detached garage. With abundant land in a quiet neighborhood, the property offers exceptional potential for expansion, redevelopment, or the construction of a custom dream home (buyer to verify). Opportunities of this size and flexibility are rare in this area.
G
Giovanni Gonzalez
Listing Agent
Nearby schools
7/10
Hugo Reid Elementary School
Public,•K-5•0.6mi
5/10
Willard Elementary School
Public,•K-5•0.7mi
9/10
Carver Elementary School
Public,•K-5•1.2mi
8/10
Emperor Elementary School
Public,•K-6•1.4mi
7/10
Field (Eugene) Elementary School
Public,•K-5•1.8mi
8/10
Cloverly Elementary School
Public,•4-6•2.6mi
4/10
Woodrow Wilson Middle School
Public,•6-8•0.6mi
8/10
Oak Avenue Intermediate School
Public,•7-8•1.2mi
9/10
Huntington Middle School
Public,•6-8•2.8mi
9/10
Foothills Middle School
Public,•6-8•2.9mi
9/10
Temple City High School
Public,•9-12•1.3mi
10/10
San Marino High School
Public,•9-12•1.6mi
9/10
Arcadia High School
Public,•9-12•2.0mi
5/10
Pasadena High School
Public,•9-12•2.1mi
Condition Rating
Poor
Built in 1929, this property is in extremely poor condition, requiring substantial repairs and rehabilitation throughout. The kitchen features very dated wood paneling, old laminate countertops, and outdated appliances, necessitating a full renovation. Bathrooms are similarly outdated with peeling wallpaper, old vanities, and worn fixtures, despite one shower appearing to have a more recent (but basic) surround. Interior ceilings show significant damage with missing acoustic tiles and exposed materials, and flooring is a mix of heavily worn carpet, old hardwood, and dated vinyl. The presence of window AC units indicates a lack of modern central cooling. The exterior also shows significant deferred maintenance. While the listing mentions 'immediate use,' the overall state is very uncomfortable and requires extensive system replacements and cosmetic overhauls, aligning with the 'poor' category's description of significant defects and substantial rehabilitation needs.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21000, living area = 2490.
Great Schools: Elementary School: Carver Elementary School (9/10). Middle School: Foothills Middle School (9/10). High School: San Marino High School (10/10).
Significant Development Potential: The property is explicitly marketed as a 'rare development opportunity' with 'exceptional potential for expansion, redevelopment, or the construction of a custom dream home' on an 'oversized lot,' offering substantial future value.
Expansive Lot Size: A substantial 0.48-acre (21,000 sqft) lot provides abundant space, privacy, and flexibility for various development or landscaping projects, a rare find in a desirable urban area.
Prime Pasadena Location: Situated in a 'highly desirable Pasadena neighborhood' and a 'quiet neighborhood,' indicating strong community appeal, excellent quality of life, and potential for appreciation.
Functional Existing Residence: The 5-bedroom, 2.5-bathroom, 2,490 sqft home provides 'immediate use,' offering flexibility for buyers to live in, rent out, or generate income while planning future projects.
Valuable Outbuildings: The presence of multiple detached structures, including a 320 sqft workshop, 168 sqft storage house, and a 400 sqft detached garage, adds significant utility, storage, and potential for various uses.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2490, other record living area = 1440. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Age of Existing Structure: Built in 1929, the existing residence is nearly a century old, likely requiring significant updates to systems (electrical, plumbing, HVAC) and aesthetics to meet modern living standards, which could be a substantial investment.
Uncertainty/Cost of Redevelopment: While a development opportunity, the phrase 'buyer to verify' implies potential complexities, time, and significant costs associated with zoning, permits, and construction for expansion or a new custom home, placing the burden on the buyer.
Potential for Deferred Maintenance: The description focuses heavily on development potential rather than the current state of the existing home, which, combined with its age, suggests there might be deferred maintenance or a need for substantial renovation if the buyer intends to live in it long-term without immediate redevelopment.