380 Dearborn Street, Pasadena, California 91104, Pasadena, 91104 - 2 bed, 1 bath
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380 Dearborn Street
Pasadena, California 91104
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,244Sq Ft
7,500Lot Size
Property Price
LIST PRICE$1,015,000
EST. MARKET VALUE
$1,074,242
5% BelowMARKET VALUE
SUMMARY
This 1916 Craftsman bungalow represents a High-Potential Investment Opportunity, listed at $1,015,000—positioned well below the $1,067,604 Fair Market Value by 4%. This valuation gap offers $52,604 in Instant Equity. While the home maintains a Condition Rating of 4, the expansive 7,500-square-foot lot provides significant upside for ADU development or expansion. Featuring original hardwood floors and a detached studio, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Pasadena.
Estimated Market Value
$1,074,242+$59,242 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 380 Dearborn Street Subject | $1,015,000* List Price | 2 | 1 | 1,244 | $864 | - |
A 2062 N Garfield Avenue Sold | $1,015,000 | 2 | 1 | 1,025 | $990 | 0.2 mi |
B 1710 N Los Robles Sold | $1,250,000 | 3 | 1 | 1,452 | $861 | 0.2 mi |
C 1250 N El Molino Avenue Sold | $1,125,000 | 3 | 2 | 1,568 | $717 | 0.8 mi |
D 1637 N Garfield Avenue Sold | $890,000 | 2 | 2 | 938 | $949 | 0.3 mi |
E 590 Prescott Street Active | $960,000 List Price | 2 | 1 | 1,072 | $896 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1916, the home has been cosmetically 'refreshed' with paint and refinished floors, but the kitchen remains dated with oak cabinetry and tile countertops likely over 20 years old. The presence of popcorn ceilings and older window styles indicates that while functional and move-in ready, the property requires significant modern updates to the kitchen, baths, and potentially systems to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7500, living area = 1244.
- Historic Charm & Modern Updates
This 1916 Craftsman bungalow features beautifully refinished original hardwood floors and a freshly painted interior, blending timeless architectural character with modern aesthetic appeal.
- Expansion & ADU Potential
Situated on a generous 7,500-square-foot lot, the property offers significant opportunity for future expansion or the addition of an Accessory Dwelling Unit (ADU) to increase long-term value.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving the entire residence, the layout may present a challenge for families or those who frequently host guests.
- Century-Old Infrastructure
As a home built in 1916, the property may require ongoing specialized maintenance or upgrades to aging systems typical of historic structures.
About 380 Dearborn Street
This charming 1910 Craftsman bungalow offers two bedrooms, one bathroom, a versatile bonus room, and an enclosed sunroom. Beautifully refinished original hardwood floors, abundant natural light, and fresh interior paint highlight the home's timeless character. The spacious living room flows into the formal dining room, creating an inviting setting for everyday living and entertaining. The sunroom provides flexible space for a den, playroom, or reading retreat, while the bonus room is ideal for a home office or bedroom. Outside, the detached one-car garage, currently used as an artist's studio offers additional possibilities for a workshop or storage. Situated on a generous 7,500-square-foot lot, the property also provides potential for expansion or an ADU (buyer to verify). Rich in character and filled with possibilities, this beautiful Craftsman is an exceptional opportunity to own a piece of Pasadena!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1916
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,244 | 1,839.942 |
| Lot Size | 7,500 | 8,508.491 |
| Price | $1.01M | $1.65M |
| Price per sq ft | $816 | $914 |
| Built year | 1916 | 1934 |
| HOA | $0 | $449 |
| Days on market | 63 | 45 |
Pricing History
Listed for Sale
Jul 8, 2026
$1,015,000
Initial Listing