43 Palmetto, Pasadena, California 91105, Pasadena, 91105 - bed, bath
ACTIVE$1,150,000
43 Palmetto, Pasadena, California 91105
0Bed
0Bath
1,442Sqft
5,316Lot
Year Built
1906
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$798
HOA
-
Days on market
-
Sold On
-
MLS number
DW25272765
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros.
ATTENTION INVESTORS ,CASH FLOW CASH FLOW ,LOCATION , LOCATION BEST PASADENA NEIGHBORHOOD BUILD YOUR EQUITY .2 HOUSES ON 1 LOT FRONT 3 BR BACK 1 BR
Price History
Date
Event
Price
12/08/25
Listing
$1,150,000
Condition Rating
Poor
Built in 1906, this property is over a century old. The complete absence of interior photos, especially of the kitchen and bathrooms, strongly suggests these areas are in very poor, outdated, or even dilapidated condition. The listing description itself, focusing on 'ATTENTION INVESTORS' and 'BUILD YOUR EQUITY,' implies significant renovation and rehabilitation are required. The property analysis confirms this, noting the 'Advanced Age of Property' and the likelihood of 'substantial maintenance, system upgrades, and potential renovation.' Without any evidence of recent updates or functional systems, the property likely requires substantial repairs to meet modern living standards and safety.
Pros & Cons
Pros
Income-Generating Duplex: The property features two separate houses on one lot (3 BR front, 1 BR back), explicitly categorized as 'Residential Income' and 'Duplex,' offering immediate cash flow potential for investors.
Prime Pasadena Location: Situated in a 'BEST PASADENA NEIGHBORHOOD,' indicating a highly desirable area with strong rental demand and potential for significant property value appreciation.
Investor-Ready Opportunity: The listing directly targets 'ATTENTION INVESTORS' and emphasizes 'CASH FLOW,' clearly signaling a value proposition tailored for investment buyers.
Equity Building Potential: The description highlights the opportunity to 'BUILD YOUR EQUITY,' suggesting room for value enhancement through renovation, strategic management, or market appreciation.
Historic Property Appeal: Built in 1906, the property likely possesses architectural character and charm, which can be a significant draw for tenants and buyers seeking historic properties in Pasadena.
Cons
Advanced Age of Property: Built in 1906, the property is over a century old, likely requiring substantial maintenance, system upgrades, and potential renovation to meet modern standards and tenant expectations.
Limited Property Details: The listing description is extremely brief, lacking crucial information regarding the condition of the units, recent renovations, or specific features, which could deter potential buyers and necessitate extensive due diligence.
Potentially Small Unit Sizes: With a total of 1442 sqft for two units (3 BR and 1 BR), the individual living spaces may be relatively compact, potentially limiting rental income upside or appeal to tenants seeking more spacious accommodations.