395 N Holliston Avenue, Pasadena, California 91106, Pasadena, 91106 - 2 bed, 1 bath
ACTIVE$1,075,000
395 N Holliston Avenue, Pasadena, California 91106
2Beds
1Bath
880Sqft
9,351Lot
Year Built
1901
Close
-
List price
$1.07M
Original List price
$1.18M
Price/Sqft
$1,222
HOA
-
Days on market
-
Sold On
-
MLS number
25482993
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.07M(18th), sqft - 880(9th), beds - 2(29th), baths - 1(24th).
Smaller House in Coveted area of Pasadena sitting on Lot close to 10,000 Square Feet minutes to Old Town and many other Pasadena Landmarks. Seller has submitted plans to Build 2 Townhomes and 2 Separate ADU'S. Plans are almost approved and Seller will include all Plans with sale and an information related to adding the additional Units.
Price History
Date
Event
Price
12/13/25
Price Change
$1,075,000
01/14/25
Listing
$1,175,000
Condition Rating
Tear down
Built in 1901, this 880 sqft property features an extremely dated kitchen with old laminate countertops, worn wooden cabinets, and outdated appliances. The bathroom is similarly antiquated with small, old tiles and a pedestal sink. Flooring throughout is worn, and light fixtures are basic and old. The property's age, small size, and visible condition of key areas like the kitchen and bathroom suggest minimal to no significant renovations in the past 50+ years. The listing description explicitly states the seller has submitted plans for new construction (2 townhomes and 2 ADUs), indicating the existing structure is intended for demolition, and the property's value lies in the land and its redevelopment potential.
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 = 9351, living area = 880.
Significant Development Opportunity: Seller has almost approved plans for 2 townhomes and 2 ADUs, offering substantial value-add and income potential for a developer or investor.
Expansive Lot Size: A generous 9,351 square foot lot provides ample space for the proposed multi-unit development in a desirable area.
Highly Desirable Location: Situated in a coveted Pasadena neighborhood, offering excellent proximity to Old Town and other key landmarks and amenities.
Strong Investment Potential: The combination of a large lot, prime location, and advanced development plans makes this an attractive opportunity for builders or long-term investors.
Pasadena Market Demand: Located in a historically strong and sought-after real estate market, ensuring potential for appreciation and rental income.
Cons
Small Existing Residence: The current 880 sqft, 2-bed, 1-bath house is undersized for the lot and likely requires significant renovation or demolition as part of the development plan.
Historic Property Age: Built in 1901, the existing structure is very old, potentially implying outdated systems and higher maintenance costs if retained, or demolition costs if not.
Recent Price Reduction: A recent price drop from $1.175M to $1.075M suggests potential initial overpricing or market adjustments may be necessary.