588 N Chester Avenue, Pasadena, California 91106, Pasadena, 91106 - 2 bed, 3 bath
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Pasadena, California 91106
This duplex represents a Strong Value Opportunity, listed at $980,000—positioned well below the $1,087,917 Fair Market Value by 9%. This valuation gap offers $107,917 in Instant Equity for the next owner. Featuring a Fair Condition Rating, the property includes a detached workshop and artist's studio, providing significant upside for creative renovation. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while restoring a distinctive Pasadena property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 588 N Chester Avenue Subject | $980,000* List Price | 2 | 3 | 1,840 | $591 | - |
A 1034 Locust Street Sold | $1,010,000 | 4 | 2 | 1,784 | $566 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, the property is functional but significantly dated, featuring a vintage kitchen with an old-fashioned stove and an aging bathroom with a pedestal sink. While the addition of modern mini-split HVAC units provides a system upgrade, the overall interior reflects a style older than 20 years and requires cosmetic updates and minor repairs to meet modern standards.
The duplex configuration, featuring a studio and a 2-bedroom unit, offers excellent versatility for rental income, multi-generational living, or a live/work setup.
Includes a detached garage workshop and a separate artist's studio, providing rare and highly desirable functional spaces for makers, artists, and entrepreneurs.
Situated on a peaceful street bordering the historic Bungalow Heaven neighborhood, the property is in a high-demand area near local dining, shopping, and parks.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
Marketed as a 'canvas for restoration' with an 'eclectic aesthetic,' the property likely requires significant investment in updates to reach modern market standards.
With only two bedrooms across 1,840 square feet of living space, the current configuration may limit appeal for larger families or investors seeking higher unit density.
Duplex! Set on a peaceful street bordering the coveted Bungalow Heaven neighborhood, this distinctive Pasadena duplex offers exceptional potential for investors, owner-users, and creative visionaries alike. The property features two separate residences, including a studio unit and a 2-bedroom, 1.5-bath unit, providing flexibility for rental income, multi-generational living, or a live/work lifestyle.Brimming with personality, the interiors showcase an eclectic aesthetic with vibrant colors and artistic touches throughout. The 2-bedroom unit enjoys direct access to a deck, creating an inviting setting for outdoor relaxation, dining, and entertaining. A detached garage currently functions as a workshop, while an additional separate room serves as an artist's studio, creating inspiring spaces for makers, artists, and entrepreneurs.Outside, mature fruit trees enhance the backyard setting, offering a peaceful retreat for gardening, entertaining, or simply enjoying Pasadena's year-round sunshine. Conveniently located near local dining, shopping, parks, and transportation, this character-filled property serves as an inspiring canvas for restoration, customization, and creative expression, offering the next owner an opportunity to thoughtfully reimagine a truly distinctive Pasadena property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,840 | 2,217 |
| Lot Size | 7,427 | 8,545 |
| Price | $980.0K | $1.20M |
| Price per sq ft | $533 | $647 |
| Built year | 1924 | 1947 |
| HOA | $0 | $0 |
| Days on market | 12 | 81 |
Jul 10, 2026
$980,000
Initial Listing