
Pasadena, California 91103
This Versatile Residential Property is a Strong Value Opportunity, listed at $899,000—positioned well below the $968,636 Fair Market Value by 7%. This valuation gap offers $69,636 in Instant Equity. Featuring a Good Condition Rating, the home includes a garage-converted ADU and a separate office, providing significant income potential. Located in the Pasadena Unified district, this property balances historic charm with modern utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 70 W Claremont St Subject | $899,000* List Price | 3 | 2 | 1,447 | $669 | - |
A 1930 N Marengo Sold | $905,000 | 4 | 2 | 1,214 | $745 | 0.9 mi |
B 70 W Claremont St Active | $899,000 List Price | 3 | 3 | 1,447 | $621 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1901, the property shows evidence of a comprehensive renovation likely occurring around 2017. Interior images reveal modern dark flooring, recessed lighting, updated HVAC ducting, and a contemporary bathroom with newer tile work and vanity. The home appears well-maintained and move-in ready, fitting the 5-15 year renovation window for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7286, living area = 1447.
The property features a garage-converted ADU and a separate office building, offering exceptional potential for rental income, multi-generational living, or a dedicated professional workspace.
This 1901 Pasadena bungalow retains its classic curb appeal and timeless character, appealing to buyers seeking historic charm in a highly desirable neighborhood.
The listing explicitly advises due diligence regarding the permitted status of additional structures, which may pose challenges for financing or future legal compliance.
Built in 1901, the home may require significant updates to its core systems and structural components to meet modern standards and efficiency.
Welcome to this charming Pasadena bungalow where classic curb appeal meets exceptional versatility — a rare find for homeowners and savvy investors alike. The main residence radiates warmth and timeless architectural character, with sun-filled living spaces that flow effortlessly for both everyday comfort and easy entertaining. Well-proportioned bedrooms and a thoughtful layout make this home as practical as it is inviting. What truly sets this property apart is its impressive range of additional structures. A garage-converted ADU offers tremendous potential as a private guest suite, rental income opportunity, or multigenerational living space — complete with its own sense of separation and independence from the main home. A separate office building rounds out the offerings, ideal for today's remote work lifestyle, a creative studio, or a dedicated professional workspace steps from your front door.The outdoor spaces provide room to unwind, garden, or entertain under the famously beautiful Pasadena sky. All of this is situated just minutes from the boutiques and restaurants of Old Town Pasadena, the Rose Bowl, top-rated schools, major freeways, and the vibrant amenities that make this city one of the most sought-after addresses in the San Gabriel Valley. Buyers are encouraged to conduct their own due diligence regarding the permitted or unpermitted status of all additional structures on the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,447 | 1,739.5 |
| Lot Size | 7,286 | 7,979 |
| Price | $899.0K | $1.62M |
| Price per sq ft | $621 | $897 |
| Built year | 1901 | 1936 |
| HOA | $0 | $250 |
| Days on market | 26 | 45 |
Jun 26, 2026
$899,000
Initial Listing
Dec 30, 2016
$490,000
Public Record