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470 E Ladera Street, Pasadena, California 91104, Pasadena, 91104 - 2 bed, 1 bath

470 E Ladera Street, Pasadena, California 91104 home-pic-0
ACTIVE$949,888
470 E Ladera Street, Pasadena, California 91104
2Beds
1Bath
1,037Sqft
3,701Lot

Price Vs. Estimate

The estimated value ($723,209.905) is $226,678.095 (23%) lower than the list price ($949,888). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Located in the desirable Normandie Heights neighborhood of Pasadena, offering proximity to Old Pasadena's dining, shopping, entertainment, the Rose Bowl, scenic parks, top-rated schools, and easy freeway access.
Top Cons:
Significant Price Discrepancy: The listing price of $949,888 is substantially higher than the estimated value of $723,209.905, indicating a potential overvaluation that may deter buyers.

Compared to the nearby listings

Price:$949.9K vs avg $1.34M ($-390,112)13%
Size:1,037 sqft vs avg 1,475 sqft12%
Price/sqft:$916 vs avg $89654%

More Insights

Built in 1922 (103 years old).
Condition: Despite being built in 1922, this property has undergone significant modern updates, particularly in the kitchen and bathroom, which appear to have been renovated within the last 5-15 years. The kitchen features stainless steel appliances, white shaker cabinets, and modern countertops, while the bathroom boasts an updated vanity and tiling. Hardwood floors are well-maintained throughout. These updates make the home move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria.
Year Built
1922
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$916
HOA
-
Days on market
-
Sold On
-
MLS number
CV25025904
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to 470 E Ladera Ave, a charming 1922 home in the desirable Normandie Heights neighborhood of Pasadena. This 2-bedroom, 1-bathroom residence combines timeless character with modern updates, offering 1,037 square feet of living space on a 3,701 square foot lot. The home includes a 1-car garage and plenty of potential for outdoor enhancements. Pasadena is known for its rich history, vibrant arts scene, and proximity to Old Pasadena’s dining, shopping, and entertainment options. Enjoy the nearby Rose Bowl, scenic parks, and top-rated schools, along with easy access to freeways and public transportation. This home is perfect for first-time buyers or anyone seeking a cozy, well-connected neighborhood in one of Southern California's most desirable cities.

Condition Rating
Good
Despite being built in 1922, this property has undergone significant modern updates, particularly in the kitchen and bathroom, which appear to have been renovated within the last 5-15 years. The kitchen features stainless steel appliances, white shaker cabinets, and modern countertops, while the bathroom boasts an updated vanity and tiling. Hardwood floors are well-maintained throughout. These updates make the home move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Location: Located in the desirable Normandie Heights neighborhood of Pasadena, offering proximity to Old Pasadena's dining, shopping, entertainment, the Rose Bowl, scenic parks, top-rated schools, and easy freeway access.
Historic Charm: A charming 1922 home that successfully combines timeless character with modern updates, appealing to buyers seeking historical appeal.
Mountain Views: The property benefits from desirable mountain views, enhancing its aesthetic appeal and potential value.
Outdoor Enhancement Potential: The property offers plenty of potential for outdoor enhancements, allowing new owners to personalize and add value to the exterior spaces.
Dedicated Parking: Includes a convenient 1-car garage, a valuable amenity in many urban and suburban areas.

Cons

Significant Price Discrepancy: The listing price of $949,888 is substantially higher than the estimated value of $723,209.905, indicating a potential overvaluation that may deter buyers.
Limited Bathroom Count: With only one bathroom for two bedrooms, the property may not meet the needs or preferences of all potential buyers, especially families or those seeking more modern conveniences.
Smaller Footprint and Lot Size: The 1,037 square feet of living space and 3,701 square feet lot size are relatively modest, which might limit appeal for buyers desiring more spacious interiors or larger outdoor areas.

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