
Pasadena, California 91104
This property presents a High-Potential Investment Opportunity with a List Price of $1,175,000—positioned well above the $1,104,767 Fair Market Value by 6%. While currently priced as a premium, the 10,195 sqft Oversized Lot and Fair Condition Rating provide significant upside for redevelopment or expansion. The asset features Detached Structures and Mountain Views, offering a blank canvas for value-add projects. This is a strategic acquisition ideal for Buy-and-Hold Investors or Developers looking to maximize the potential of a prime Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 E Howard Street Subject | $1,175,000* List Price | 3 | 2 | 924 | $1,196 | - |
A 1182 N Mar Vista Sold | $1,210,000 | 3 | 1 | 1,239 | $977 | 0.8 mi |
B 2062 N Garfield Avenue Sold | $1,015,000 | 2 | 1 | 1,025 | $990 | 0.7 mi |
C 1815 N Michigan Avenue Active | $1,329,000 List Price | 2 | 1 | 1,000 | $1,329 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1905, the home is well-maintained and functional but significantly dated. While the kitchen features newer stainless steel appliances, the cabinetry and parquet flooring are older. The presence of window AC units indicates a lack of modern central HVAC, and the property is marketed for its renovation and redevelopment potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10195, living area = 924.
The oversized 10,195 sqft lot is a rare find in Pasadena, offering significant opportunities for expansion, ADU construction, or complete redevelopment to maximize property value.
A detached garage and separate shed provide flexible space for a workshop, creative studio, or home office, adding functional utility beyond the main living area.
With only 924 square feet of living space for a three-bedroom configuration, the interior layout may feel cramped for families or those seeking larger room proportions.
Built in 1905, the property likely requires significant updates to its aging infrastructure and systems to meet modern efficiency and safety standards.
Set on an oversized lot in the heart of Pasadena, this charming 3-bedroom, 2-bathroom home offers a rare combination of move-in-ready comfort, generous outdoor space, and exciting future potential. A welcoming front porch sets the tone, opening to a classic living room filled with natural light. The thoughtfully arranged floor plan includes a main-level primary bedroom that serves as a peaceful retreat, complete with French doors opening directly to the backyard. Two additional bedrooms offer flexibility for family, guests, or a home office, including one with a spacious private balcony overlooking the grounds. The expansive, park-like backyard creates an ideal setting for relaxing, entertaining, gardening, or designing your dream outdoor space. A detached garage offers additional flexibility for use as a workshop, studio, office, recreation space, or other creative possibilities, while a separate detached shed provides valuable additional storage. The oversized lot also allows for ample onsite parking. Comfortable as-is, the property also presents tremendous potential for renovation, expansion, or redevelopment, offering a compelling opportunity for an owner-user, investor, or developer to reimagine the property to suit their vision. Buyer to independently verify all development and expansion possibilities. Ideally located just minutes from Old Pasadena, the Pasadena Playhouse District, Rose Bowl Stadium, Brookside Golf Course, and a wide variety of shopping and dining destinations, with convenient access to the 210 Freeway, Metro A Line, and Downtown Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 924 | 1,839.942 |
| Lot Size | 10,195 | 8,508.491 |
| Price | $1.18M | $1.65M |
| Price per sq ft | $1.3K | $914 |
| Built year | 1905 | 1934 |
| HOA | $0 | $449 |
| Days on market | 14 | 45 |
Aug 26, 2026
$1,175,000
Initial Listing