79 W Villa Street, Pasadena, California 91103, Pasadena, 91103 - 3 bed, 2 bath
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79 W Villa Street
Pasadena, California 91103
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,419Sq Ft
8,403Lot Size
Property Price
LIST PRICE$898,000
EST. MARKET VALUE
$1,011,545
11% BelowMARKET VALUE
SUMMARY
This Dual-Unit Residential Property is a High-Potential Investment Opportunity, listed at $898,000—positioned well below the $1,011,546 Fair Market Value by 11%. This valuation gap offers $113,546 in Instant Equity. With a Condition Rating of 3, the main home is move-in ready, while the rear cottage offers significant value-add potential. Featuring a large 8,403 sqft lot and modernized historic charm, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking rental income in Pasadena’s historic district.
Estimated Market Value
$1,011,545+$113,545 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 79 W Villa Street Subject | $898,000* List Price | 3 | 2 | 1,419 | $713 | - |
A 116 Carlton Avenue Sold | $850,000 | 2 | 1 | 1,044 | $814 | 0.3 mi |
B 70 W Claremont St Active | $899,000 List Price | 3 | 2 | 1,447 | $621 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The main residence is in excellent, move-in ready condition following recent renovations including a new roof, HVAC, tankless water heater, and remodeled bathroom. The overall property rating is 'Good' because the secondary cottage is currently a shell requiring a full interior rehabilitation, though the primary systems and main house are high-quality.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8403, living area = 1419.
- Dual-Unit Potential
The property features two separate homes on a single lot, offering exceptional versatility for rental income, a guest house, or multi-generational living in a historic setting.
- Modernized Historic Charm
While retaining its 1888 character, the main home has been significantly upgraded with a new HVAC system, roof, windows, tankless water heater, and a premium Wolf stove.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1419, other record living area = 1124.
- Rear Unit Renovation Needs
The second cottage requires a full interior restoration to be functional, necessitating immediate additional capital investment and construction management from the buyer.
- Historic District Restrictions
As a contributing property in a historic district, future exterior modifications or expansions may be subject to strict preservation guidelines and a more complex permitting process.
About 79 W Villa Street
Quite possibly the cutest house this side of the Mississippi!! Built in 1888, this classic charmer has seen its share of birthdays. A beautiful 2 bedroom 1 bath cottage located in Pasadena's New Fair Oaks Historic District. One house not enough for ya? Well, you're in luck cause this property has two homes on the lot. A second 1 bedroom 1 bath cottage with separate electric, gas and address (83 W Villa) that's perfect for renters or in laws is located at the rear of the property.The galley kitchen with tall curve top French doors leading to the back yard give this home a true indoor/outdoor California living. Imagine the meals you'll make on the massive Wolf Stove for Dining Al-Fresco with family and friends. The home has new windows, tear off roof, remodeled bathroom, new HVAC, tankless water heater, new paint and a separate laundry room. The back house is waiting for your imagination to bring back it's turn of the century charm. This home is close to the Rose Bowl and Old Town Pasadena with its amazing shopping and dining. Located on a quiet side yet close to major thoroughfares and the 210 freeway. This house has been waiting 138 years for you to make it yours!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1888
- Lot Size
- 8,403 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,419 | 1,839.942 |
| Lot Size | 8,403 | 8,508.491 |
| Price | $898.0K | $1.65M |
| Price per sq ft | $633 | $914 |
| Built year | 1888 | 1934 |
| HOA | $0 | $449 |
| Days on market | 15 | 45 |
Pricing History
Listed for Sale
Aug 25, 2026
$898,000
Initial Listing
Sold
Dec 10, 2007
$503,000
Public Record