
Pasadena, California 91105
This 1937 single-story residence represents a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,465,795 Fair Market Value by 4%. This valuation gap provides $66,795 in Instant Equity. With a Condition Rating of 4, the property features solid bones, a newer roof, and a rare, deep lot with a private pool. While the interior requires modernization, the layout offers significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a classic Pasadena home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 536 Avenue 64 Subject | $1,399,000* List Price | 3 | 2 | 1,674 | $876 | - |
A 524 Glen Holly Drive Sold | $1,550,524 | 2 | 2 | 1,550 | $1,000 | 0.1 mi |
B 253 Redwood Drive Sold | $1,325,000 | 3 | 2 | 1,303 | $1,017 | 0.5 mi |
C 1544 La Loma Road Sold | $1,280,000 | 3 | 2 | 1,504 | $851 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, this property is well-maintained but dated. While it features a newer roof and functional systems, the kitchen and bathrooms appear to be 20-30+ years old. The hardwood floors show wear and require refinishing, and the overall interior requires modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7776, living area = 1674.
The property features a rare deep lot with a private pool and a wide covered patio, offering an exceptional outdoor retreat for relaxation and entertainment in a private setting.
Built in 1937, this home retains its timeless charm with original hardwood floors, handsome built-in cabinetry, and solid structural integrity including a newer roof.
While the home has 'great bones,' it is positioned as an opportunity for buyers to add their own vision, suggesting that the interior finishes may require significant updating to meet modern standards.
Given the 1937 construction date, buyers may need to budget for potential upgrades to older systems such as plumbing or electrical that are common in homes of this era.
Set in a desirable, well-established Pasadena neighborhood, this single-story 1937 home blends timeless character with genuine opportunity. It rewards a buyer who sees the value in a classic home with great bones, a newer roof, and room to add their own vision. Hardwood floors run through much of the home. The living room features handsome built-in display cabinetry, and a formal dining room with its own built-in shelving flows into the main living areas. The kitchen offers generous wood cabinetry and a sunlit garden window over the sink. The three bedrooms are generously sized and adaptable as sleeping quarters, guest rooms, or office space. The primary bedroom is spacious, with a wall of built-in storage, an open area with backyard access, and a connecting bathroom. One bathroom includes a separate shower and soaking tub, while the second offers everyday convenience. The backyard is a relaxing escape, with a pool, a wide covered patio, and a deep, private lot, the kind of outdoor space that’s hard to build and harder to find. A detached garage sits off the long side driveway, adding parking and storage. With solid bones, timeless character, and standout outdoor space in a sought-after Pasadena neighborhood, this is a rare chance to invest in a classic home and make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 1,674 | 2,494.5 | 27% |
| Lot Size | 7,776 | 12,401 | 31% |
| Price | $1.40M | $1.96M | 31% |
| Price per sq ft | $836 | $1000 | 38% |
| Built year | 1937 | 1948 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 129 | 8% |
Jun 9, 2026
$1,399,000
Initial Listing
Feb 25, 1998
$239,500
Public Record