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431 La Terraza Street, South Pasadena, California 91030, South Pasadena, 91030 - 3 bed, 3 bath

431 La Terraza Street, South Pasadena, California 91030 home-pic-0
ACTIVE$2,328,800
431 La Terraza Street, South Pasadena, California 91030
3Beds
3Baths
1,837Sqft
22,228Lot

Price Vs. Estimate

The estimated value ($1,557,853.82) is $770,946.18 (33%) lower than the list price ($2,328,800). This property may be overpriced.

Key pros and cons

Top 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 = 22228, living area = 1837.
Top Cons:
Significant Overpricing: The current listing price of $2,328,800 is substantially higher (33% above) the estimated property value of $1,557,853.82, potentially deterring buyers and prolonging market time.

Compared to the nearby listings

Price:$2.33M vs avg $2.14M (+$186,800)57%
Size:1,837 sqft vs avg 2,129 sqft34%
Price/sqft:$1.3K vs avg $1.0K84%

More Insights

Built in 1969 (56 years old).
Condition: Despite being built in 1969, this property has undergone an extensive and high-quality renovation, making it feel virtually new. The kitchen features modern white shaker cabinets, light quartz countertops, subway tile backsplash, and stainless steel appliances, all in pristine condition. All three bathrooms are fully updated with contemporary floating vanities, modern tile work, glass shower enclosures, and updated fixtures. The home boasts an open-concept layout, new porcelain tile flooring in main areas, hardwood floors in bedrooms, recessed lighting, and modern chandeliers. Central A/C and heating, along with an inside laundry room, add to its modern functionality and comfort. The overall aesthetic and condition suggest a very recent renovation (likely within the last 5 years), meeting current quality standards with no visible deferred maintenance.
Year Built
1969
Close
-
List price
$2.33M
Original List price
$2.33M
Price/Sqft
$1,268
HOA
-
Days on market
-
Sold On
-
MLS number
WS25062852
Home ConditionExcellent
Features
View-

About this home

Step into unparalleled unique living at this magnificent Three-bedroom, Three-bath estate, perfectly situated in the prestigious community of Alto De Monterey area of South Pasadena quiet neighborhood on a safe cul-de-sac street. From the moment you enter, you'll be captivated by the open-concept living spaces, and an abundance of natural light pouring through expansive floor-to-ceiling. All Bedrooms are Hardwood Floor. The open-concept Living room, the family room, the dining room and kitchen are Porcelains. Gas fireplace is in the Living and a spacious Kitchen with dining area and BRF nook. washer and dryer room inside for convenience. This home's design is as functional as it is beautiful, Chandeliers lighting, window blinds, fireplace with an oversized two-car garage with counter and cabinets, and having access to the back yard. There is an addition hook-up for washer and dryer in the garage. Central A/C and Heating. California Law allows ADU on most properties and this huge lot property believes to be under this Law.

Condition Rating
Excellent
Despite being built in 1969, this property has undergone an extensive and high-quality renovation, making it feel virtually new. The kitchen features modern white shaker cabinets, light quartz countertops, subway tile backsplash, and stainless steel appliances, all in pristine condition. All three bathrooms are fully updated with contemporary floating vanities, modern tile work, glass shower enclosures, and updated fixtures. The home boasts an open-concept layout, new porcelain tile flooring in main areas, hardwood floors in bedrooms, recessed lighting, and modern chandeliers. Central A/C and heating, along with an inside laundry room, add to its modern functionality and comfort. The overall aesthetic and condition suggest a very recent renovation (likely within the last 5 years), meeting current quality standards with no visible deferred maintenance.
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 = 22228, living area = 1837.
Prime Location: Situated in the prestigious Alto De Monterey area of South Pasadena, on a quiet cul-de-sac, offering high desirability and a safe neighborhood.
Expansive Lot with ADU Potential: Features a substantial 22,228 sqft lot, with the potential to add an Accessory Dwelling Unit (ADU) under California law, significantly enhancing value and utility.
Modern Open-Concept Design: Boasts open-concept living spaces with abundant natural light from expansive floor-to-ceiling windows, providing a contemporary and inviting atmosphere.
Comfort & Convenience Features: Equipped with central A/C and heating, an inside washer and dryer room, and a gas fireplace, ensuring year-round comfort and practical living.
Functional & Spacious Garage: Includes an oversized two-car garage with built-in counters, cabinets, and an additional washer/dryer hook-up, offering ample storage and utility.

Cons

Significant Overpricing: The current listing price of $2,328,800 is substantially higher (33% above) the estimated property value of $1,557,853.82, potentially deterring buyers and prolonging market time.
Absence of Scenic Views: Despite its desirable location, the property explicitly states 'view: None,' which may be a disadvantage for buyers seeking panoramic or notable scenic outlooks often associated with high-value properties in the region.
Property Age: Built in 1969, the home is over 50 years old. While updated, potential buyers may consider the age of the underlying structure and systems, which could imply future maintenance or renovation costs.

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