
Pasadena, California 91106
Analysis of 398 N Holliston Avenue, Pasadena, California 91106 is currently available with a list price of $998,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1922 with no evidence of recent renovations, this property is over 100 years old. The listing explicitly markets the site for 'transformative redevelopment' and 'modernization,' suggesting that the kitchen, bathrooms, and major systems (HVAC/Electric) are severely dated or at the end of their functional life. While currently functional for 'cash flow,' the structure requires a total rehab to meet modern standards.
Situated in a highly walkable Pasadena neighborhood near Caltech and Old Town, the property benefits from high rental demand and proximity to major transit and retail hubs.
The oversized 12,637 sqft lot provides a rare opportunity for investors to maximize density through ADU additions or a full multifamily conversion.
The existing duplex configuration and three-car garage offer immediate rental income, providing financial stability while navigating the permitting or renovation process.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12637, other record lot size in square feet = 11655.
With only 1,150 total square feet across two units, the living spaces are notably small, which may restrict rental upside without a significant footprint expansion.
Built in 1922, the property likely requires substantial capital expenditure for modernization and infrastructure updates to meet contemporary tenant expectations.
Positioned in one of Southern California’s most desirable neighborhoods, a walkable neighborhood minutes from Old Town Pasadena's thriving retail/dining corridor, Caltech, the Rose Bowl, and Metro Gold Line access. This duplex at 398-400 N Holliston Ave presents a high-potential opportunity for investors and developers seeking to capitalize on Pasadena’s robust rental market and enduring demand. Explore options to modernize units, add square footage, or maximize density (e.g., ADUs, multifamily conversion). This property is primed for immediate cash flow or transformative redevelopment. The property currently has two separate units and a three-car garage offering immediate cash flow. Don't miss out on this extraordinary opportunity. Schedule a feasibility review to assess renovation/ redevelopment potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,150 | 2,036.143 |
| Lot Size | 12,637 | 9,244.429 |
| Price | $998.0K | $1.19M |
| Price per sq ft | $868 | $581 |
| Built year | 1922 | 1937 |
| HOA | $0 | $0 |
| Days on market | 40 | 79 |
Jul 31, 2026
$998,000
Initial Listing
Aug 1, 2013
$442,000
Public Record
Jan 23, 2009
$429,000
Public Record
Jan 13, 2006
$675,000
Public Record