
Pasadena, California 91107
Analysis of 823 N Altadena Drive, Pasadena, California 91107 is currently available with a list price of $638,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1965 and marketed as a 'blank canvas' value-add project, the property appears to have mostly original finishes including popcorn ceilings, dated gold carpeting, and 1960s-era bathroom vanities. The listing explicitly states it is sold 'as-is' for a buyer to 'customize every finish,' indicating a need for a full interior rehab rather than minor updates.
Marketed as a 'value-add' blank canvas, this property allows buyers to customize all finishes and build immediate equity in a highly desirable Northeast Pasadena neighborhood.
With 1,803 sq. ft. of living space, the multi-level floor plan includes a dedicated third-floor primary suite and an attached two-car garage, offering the scale and privacy of a single-family home.
The property is ideally situated steps from Victory Park and the Saturday Farmers' Market, while also boasting impressive San Gabriel Mountain views from the upper-level balconies.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1803, other record living area = 1702. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home requires a full renovation to be move-in ready, which necessitates a significant additional investment of capital and time from the buyer.
The $670 monthly HOA fee is a substantial recurring expense that may impact the overall affordability and appeal for budget-conscious purchasers.
Craft Your Pasadena Masterpiece! Unlock incredible equity with this spacious 3-bedroom, 2.5 bath, 1,803 sq. ft. value-add townhouse in beautiful Northeast Pasadena. Bring your design vision to this multi-level blank canvas. The ground level offers a private front patio, living room, dining room, kitchen, powder room, and direct access stairway to an attached 2-car garage. The second floor boasts two bedrooms, a balcony, and a Jack-and-Jill bath, while the entire third floor is dedicated to a private primary suite with a walk-in closet and enclosed balcony. Enjoy stunning San Gabriel Mountain views from both upper levels. Resort-style community amenities include a beautiful, large pool and spa. Unbeatable location steps from Victory Park's sports fields and Saturday Farmers' Market. Sold as-is--customize every finish to build your dream home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,803 | 1,422 |
| Lot Size | 152,329.313 | 21,892 |
| Price | $638.0K | $920.6K |
| Price per sq ft | $354 | $655 |
| Built year | 1965 | 1984 |
| HOA | $670.0 | $500 |
| Days on market | 42 | 41 |
Jul 15, 2026
$638,000
$788,000
-19% Price Drop
Initial Listing
Jun 10, 2026
$788,000
Initial Listing