468 Glen Holly Drive, Pasadena, California 91105, Pasadena, 91105 - 3 bed, 2 bath

468 Glen Holly Drive, Pasadena, California 91105 home-pic-0

468 Glen Holly Drive

Pasadena, California 91105

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,323Sq Ft
6,666Lot Size

Property Price

LIST PRICE$1,395,000
EST. MARKET VALUE
$1,100,502
21% AboveMARKET VALUE

SUMMARY

Analysis of 468 Glen Holly Drive, Pasadena, California 91105 reveals a property with a current list price of $1,395,000, which is 21% above the estimated $1,100,502 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,100,502
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
468 Glen Holly Drive
Subject
$1,395,000*
List Price
321,323$832-
A
1705 La Loma Road
Sold
$1,480,000321,293$1,1450.3 mi
B
1525 La Loma Road
Sold
$1,430,000321,182$1,2100.1 mi
C
469 Sycamore Glen
Sold
$1,275,000321,581$8060.4 mi
D
1642 Pleasant Way
Sold
$1,800,000221,449$1,2420.2 mi
E
336 Redwood Drive
Sold
$1,415,000321,480$9560.3 mi
F
1541 La Loma Road
Sold
$1,550,000221,507$1,0290.1 mi
G
1705 La Loma Road
Active
$1,298,000
List Price
321,293$1,0040.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

This 1950-built mid-century home is well-maintained with original hardwood floors and charming period details. However, the kitchen, while clean and functional with custom cabinetry, appears to be from an older renovation or original to the mid-century style, lacking modern appliances or finishes. One bathroom features distinctly dated green tile and a pedestal sink, indicating it's largely original. The second bathroom is more updated but not fully modern. The property lacks a central cooling system, which is a significant consideration for a Pasadena home. While move-in ready, these factors suggest it requires minor updates to bring key areas up to current standards, aligning with a 'Fair' condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • Desirable Location & Ambiance

    Nestled in the San Rafael Hills, the property offers a tranquil, peaceful, and retreat-like setting high above the street, enhancing its desirability.

  • Mid-Century Character

    A gorgeous mid-century home featuring original hardwood flooring and a classic design that appeals to period enthusiasts and offers timeless charm.

  • Exceptional Indoor/Outdoor Living

    The house boasts great indoor/outdoor flow with access to a patio and terraced yard, featuring drought-tolerant landscaping, ideal for entertaining and relaxation.

CONSRISKS & DEFICIENCIES

  • Overpriced Relative to Estimated Value

    The listing price of $1.395M is 21% above its estimated property value of $1.10M, which may deter potential buyers or prolong the time on market.

  • Absence of Cooling System

    The property description does not mention a cooling system (e.g., central A/C), which could be a significant drawback and an additional cost for buyers in Pasadena's climate.

  • Potential for System Updates

    As a 1950-built home, there is no explicit mention of updated major systems (e.g., plumbing, electrical, or general HVAC beyond the EV charger), which might lead to future maintenance or upgrade costs for a buyer.

About 468 Glen Holly Drive

Nestled in the San Rafael Hills sits this gorgeous three bedroom, two bath mid-century home filled with natural light. Step inside and you'll discover the heart of the house a formal living room with a brick wood-burning fireplace, hillside views and original hardwood flooring. With custom cabinetry, plenty of counter space, and windows that look out onto lush greenery, the kitchen is a place you'll want to spend a lot of time, even if you don't like to cook! In between the kitchen and the living room, the dining room is an ideal and easy place to entertain and share a meal with friends. The bedrooms are spacious and filled with soothing light and views of the hillside or back garden. This is a house that truly has great indoor/outdoor flow with access to the patio and terraced yard with drought tolerant landscape, making it just as easy to dine outdoors as in. There's a utility room off the kitchen with laundry and an industrial sink for convenience. There is also a bonus area beneath the house that would make the perfect office or meditation room plus an extra room for storage. The two-car garage includes an EV charger. Tranquil and peaceful, set high above the street, this is a special house that feels more like a retreat, a place to escape from it all.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1950
Lot Size
6,666 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
44%
Baths2.03.0
22%
Square foot1,3232,507.5
11%
Lot Size6,6669,757
33%
Price$1.40M$1.86M
22%
Price per sq ft$1.1K$906
59%
Built year19501943
63%
HOA$0$0
50%
Days on market396170
0%

Pricing History

No pricing history data available.

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