
Pasadena, California 91107
This Spacious Pasadena Residence is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,280,125 Fair Market Value by 6%. This valuation gap offers $81,125 in Instant Equity. Featuring a Condition Rating of 3, the home includes Dual Primary Suites, an Updated Kitchen, and a 7,391 sq. ft. R2-Zoned Lot with ADU potential. Proximity to Top-Rated Schools like San Marino High adds long-term stability. This is an ideal acquisition for Owner-Occupants seeking expansion potential or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41 Merlon Subject | $1,199,000* List Price | 3 | 3 | 1,659 | $750 | - |
A 3747 Arboleda Street Sold | $875,000 | 3 | 2 | 1,109 | $789 | 0.3 mi |
B 3190 Estado Street Sold | $844,500 | 3 | 1 | 1,032 | $818 | 1.0 mi |
C 435 Cliff Drive Sold | $1,450,000 | 3 | 3 | 1,840 | $788 | 0.7 mi |
D 3227 E Del Mar Boulevard Active Under Contract | $1,100,000 List Price | 4 | 2 | 1,644 | $669 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1940 build date, the property is well-maintained with a move-in ready interior. It features an updated kitchen with quartz countertops, a recent main plumbing upgrade, and a permitted addition. While some finishes like the bathroom vanity and flooring appear slightly dated (15-20 year range), the overall condition reflects strong pride of ownership and functional systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7391, living area = 1659.
Elementary School: Carver Elementary School (9/10). Middle School: Foothills Middle School (9/10). High School: San Marino High School (10/10).
The generous 7,391 sq. ft. R2-zoned lot with potential alley access offers significant upside for an ADU, multi-generational expansion, or additional rental income.
While located near high-performing districts, the assigned local schools like Wilson Middle School have lower ratings, which may be a concern for education-focused buyers.
Despite meticulous maintenance, the 1940s construction may still require further modernization of electrical systems or insulation to meet current energy efficiency expectations.
Pride of ownership meets future potential in this well-maintained 3-bedroom, 3-bath Pasadena home with 1,659 sq. ft. of living space on a generous 7,391 sq. ft. R2-Zoned Lot. The home features Oversized Bedrooms, including Two Primary Suites, an Updated Kitchen with Quartz Countertops, a Two-Car Attached Garage, and inviting curb appeal. Held by the same owner for 44 years, the property has been thoughtfully maintained and improved over time, including a Permitted addition and recent Main Plumbing Upgrade. Located in an unincorporated Pasadena pocket, the R2 zoning creates potential for an ADU, expansion, multi-generational living, or added income potential, with possible alley access adding even more flexibility. Close to freeways, shopping, dining, and everyday conveniences, this home offers comfortable living today with valuable upside for tomorrow. An exceptional opportunity to secure a generous Pasadena lot with livability, flexibility, and long-term potential.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,659 | 1,739.5 |
| Lot Size | 7,391 | 7,979 |
| Price | $1.20M | $1.62M |
| Price per sq ft | $723 | $897 |
| Built year | 1940 | 1936 |
| HOA | $0 | $250 |
| Days on market | 34 | 45 |
Jun 18, 2026
$1,199,000
Initial Listing