
South Pasadena, California 91030
This Turnkey Colonial Residence represents a Strong Value Opportunity, listed at $2,798,000—positioned well below the $3,042,812 Fair Market Value by 8%. This valuation gap provides $244,812 in Instant Equity. Featuring an Excellent Condition Rating with updated electrical, plumbing, and HVAC, the home offers a Heated Pool and Spa and a premier Arroyo Neighborhood location within the award-winning South Pasadena school district. This property is an ideal acquisition for discerning families or owner-occupants seeking a sophisticated, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Grand Avenue Subject | $2,798,000* List Price | 5 | 3 | 2,531 | $1,202 | - |
A 1023 Adelaine Avenue Sold | $3,350,000 | 4 | 4 | 2,898 | $1,156 | 0.6 mi |
B 1030 Adelaine Avenue Sold | $3,050,380 | 4 | 4 | 2,894 | $1,054 | 0.6 mi |
C 915 Lyndon Street Sold | $2,100,000 | 3 | 2 | 1,846 | $1,138 | 0.8 mi |
D 808 Grand Avenue Sold | $2,480,000 | 3 | 3 | 2,033 | $1,220 | 0.4 mi |
E 1500 Oxley Street Sold | $2,610,000 | 3 | 2 | 2,196 | $1,189 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1938, the property is in mint condition with comprehensive updates to critical systems including electrical, plumbing, and HVAC. The kitchen has been updated, and the home features high-end finishes like hardwood floors and a modern outdoor living space with a heated pool and spa, requiring no immediate maintenance.
Situated in the prestigious 'Arroyo' neighborhood, this home offers access to South Pasadena's award-winning school district and is minutes from the Farmers' Market and Downtown LA.
The backyard is a premier entertainment hub featuring a heated pool and spa, built-in BBQ, outdoor fireplace, and a retractable movie screen, all surrounded by newer landscaping and fruit trees.
This 1938 Colonial retains exquisite original details like leaded glass and wood paneling while benefiting from essential modern updates to the electrical, plumbing, and HVAC systems.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
At a $2.798M price point, the 7,734 sqft lot may feel restrictive for buyers seeking more expansive grounds, especially with the pool and patio occupying much of the yard.
With five bedrooms packed into 2,531 square feet, individual room sizes or common living areas may feel somewhat constrained compared to other luxury homes in the area.
Located in South Pasadena's prestigious 'Arroyo' neighborhood, this wonderful five-bedroom Colonial home offers convenient access to award-winning schools, the South Pasadena Farmers' Market, local restaurants and shops, freeways, and Downtown Los Angeles, providing easy access to LA's network. Built in 1938, this lovely home features a formal entry with leaded glass windows and a spacious living room with a beamed ceiling, fireplace, and built-in bookshelves, overlooking the grassy backyard and sparkling pool. The formal dining room leads to an updated kitchen with a charming breakfast nook and a separate laundry/mudroom with original built-ins and ample storage. There are five bedrooms total; two bedrooms and a hall bath are located on the main level, ideal for guests or multigenerational living, with one bedroom also well suited for an office or den with a built-in desk and bookshelves. Upstairs are three additional bedrooms, including the primary suite with an en-suite bath and two spacious bedrooms that share a Jack-and-Jill bath. Perfect for entertaining, the backyard features a large open-air patio, heated pool and spa, and an outdoor living area with a built-in BBQ, fireplace, and retractable movie screen. Features: *5BR/3BA *updated electrical/plumbing/HVAC *newer landscaping with fruit trees *hardwood floors *original wood paneling *leaded glass windows *vertical-grain Douglas fir front entry with vintage door viewer *built-in hallway phone nook *original milk delivery door. Exquisite architectural details throughout, all within the award-winning South Pasadena school district.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.6 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,531 | 1,933 |
| Lot Size | 7,734 | 8,564.167 |
| Price | $2.80M | $2.16M |
| Price per sq ft | $1.1K | $1.0K |
| Built year | 1938 | 1942 |
| HOA | $0 | $0 |
| Days on market | 9 | 40 |
Aug 31, 2026
$2,798,000
Initial Listing
Sep 15, 2011
$1,259,000
Public Record