
Pasadena, California 91107
Analysis of 494 Avocado Avenue, Pasadena, California 91107 is currently available with a list price of $825,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
While the bathrooms have been recently remodeled and new laminate flooring is visible, the property is over 70 years old and contains a significant unpermitted addition (nearly 30% of the total square footage) that the buyer must assume responsibility for. The listing's emphasis on 'vision,' 'imagination,' and 'potential' as an investment, combined with the liability of unpermitted structural work, classifies this as a rehab project.
Situated in the highly desirable East Pasadena neighborhood near dog parks and walking trails, offering excellent lifestyle appeal and strong neighborhood demand.
Both bathrooms have been recently remodeled, providing updated aesthetics and immediate comfort within a home that carries a long history of care.
Priced accessibly for the area and featuring mountain views, this property offers a significant opportunity for equity growth through vision and updates.
A significant portion of the living space (approx. 286 sqft) was completed without permits, shifting the legal and financial responsibility for compliance to the buyer.
The officially permitted living area is only 714 square feet, which may restrict buyer interest and complicate traditional financing or appraisal valuations.
Charming home presents a rare opportunity to own property in the highly desirable East Pasadena neighborhood at an accessible price point. With a touch of vision and thoughtful updates, it holds wonderful potential as both a comfortable residence and a valuable investment. The home features three bedrooms and two bathroom, with an estimated living space of 1000 square feet. One of the bedrooms and one bath were added without permits (approximately 286 square feet of the 1000 estimated) by the owner. While the addition was completed to quality standards, it remains unpermitted, and the buyer will be required to assume responsibility for obtaining the necessary permits in accordance with City of Pasadena requirements. Both bathrooms have been recently remodeled, offering a blend of modern comfort within a home rich in history. Lovingly owned by the same family since 1954, the residence carries a legacy of care and memories. Owner peacefully passed away in the home. Near dog park and walking trails, this is more than just a property, it is an opportunity to create something special in one of Pasadena’s most sought-after communities. Bring your imagination and make this house your home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 714 | 1,739.5 |
| Lot Size | 4,116 | 7,979 |
| Price | $825.0K | $1.62M |
| Price per sq ft | $1.2K | $897 |
| Built year | 1952 | 1936 |
| HOA | $0 | $250 |
| Days on market | 112 | 45 |
Jun 19, 2026
$825,000
$875,000
-6% Price Drop
Initial Listing
May 9, 2026
$875,000
$899,500
-3% Price Drop
Initial Listing
Apr 1, 2026
$899,500
Initial Listing