84 N Vinedo, Pasadena, California 91107, Pasadena, 91107 - bed, bath

84 N Vinedo, Pasadena, California 91107 home-pic-0
ACTIVE$1,199,900
84 N Vinedo, Pasadena, California 91107
0Bed
0Bath
1,774Sqft
6,890Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Investment Opportunity: Explicitly identified as a 'Prime 91107 Investment' and 'Residential income property with upside,' suitable for long-term holds, mid-term rentals, or owner-occupancy, indicating strong financial potential.
Top Cons:
Age of Property: Built in 1926, the property's age may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) that could require significant capital expenditures not explicitly covered by the 'updated kitchens/baths' description.

Compared to the nearby listings

Price:$1.20M vs avg $1.62M ($-425,100)40%
Size:1,774 sqft vs avg 2,200 sqft40%
Price/sqft:$676 vs avg $67650%

More Insights

Built in 1926 (99 years old).
Condition: Built in 1926, this duplex is well-maintained with functional updates to kitchens and bathrooms, and features hardwood/tile flooring. However, despite the updates, some elements like the black range in one kitchen, basic light fixtures, and the presence of wall heaters and window AC units (indicating a lack of central HVAC) suggest that the renovations are not recent or extensive enough to meet 'Good' standards. The property is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition.
Year Built
1926
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$676
HOA
-
Days on market
-
Sold On
-
MLS number
IG25222723
Home ConditionFair
Features
Good View:
Patio
View-

About this home

Lamanda Park Neighborhood - Duplex — 2Br/1Ba + 2Br/1Ba Prime 91107 Investment. Residential income property with upside in Pasadena’s "Lamanda Park" neighborhood. This well-kept duplex (2 beds/1 bath per unit) has quick access to Old Pasadena, the Rose Bowl, walking distance to the Rose Parade, Norton Simon Museum, Huntington Library, the 210 freeway, and City of Hope. Strong tenant demand from nearby Caltech, PCC, JPL, Huntington Hospital/City of Hope and corporate corridors keeps vacancies low and rents resilient. Each unit offers natural light, updated kitchens/baths, hardwood/tile floors, and private outdoor space—ideal for long-term holds, mid-term rentals, or owner-occupant.

Condition Rating
Fair

Built in 1926, this duplex is well-maintained with functional updates to kitchens and bathrooms, and features hardwood/tile flooring. However, despite the updates, some elements like the black range in one kitchen, basic light fixtures, and the presence of wall heaters and window AC units (indicating a lack of central HVAC) suggest that the renovations are not recent or extensive enough to meet 'Good' standards. The property is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons

Pros

Prime Investment Opportunity: Explicitly identified as a 'Prime 91107 Investment' and 'Residential income property with upside,' suitable for long-term holds, mid-term rentals, or owner-occupancy, indicating strong financial potential.
Strong Tenant Demand: Benefits from robust tenant demand due to proximity to major institutions like Caltech, PCC, JPL, Huntington Hospital/City of Hope, and corporate corridors, ensuring low vacancies and resilient rents.
Excellent Location & Accessibility: Offers quick access to Old Pasadena, the Rose Bowl, Norton Simon Museum, Huntington Library, and the 210 freeway, enhancing its appeal to tenants and residents.
Updated Unit Interiors: Each unit features natural light, updated kitchens/baths, and hardwood/tile floors, reducing immediate renovation needs for a new owner and appealing to modern tenants.
Private Outdoor Space: Each unit includes private outdoor space, a desirable amenity that adds value and enhances tenant satisfaction.

Cons

Age of Property: Built in 1926, the property's age may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) that could require significant capital expenditures not explicitly covered by the 'updated kitchens/baths' description.
Lack of Specified HVAC System: The description does not mention the presence of central heating or air conditioning, which could be a significant drawback for tenant comfort and market competitiveness, especially in Pasadena's climate.
Potential for Further Capital Investment: While 'well-kept,' the mention of 'upside' suggests that additional capital improvements or strategic rent optimization efforts may be necessary to fully maximize the property's income potential.

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