920 Adelaine Avenue, South Pasadena, California 91030, South Pasadena, 91030 - 0 bed, 0 bath
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South Pasadena, California 91030
This Craftsman Duplex represents a Strong Value Opportunity, listed at $1,498,000—positioned above the $1,321,096 Fair Market Value. While priced for stability in a premium market, the property features an Excellent Condition Rating and authentic 1923 character, including hardwood floors and a private deck. With high tenant demand driven by Blue-Ribbon schools and proximity to local amenities, this asset offers reliable rental performance. It is an ideal acquisition for Buy-and-Hold Investors seeking a turnkey income property or Owner-Occupants looking to house-hack in South Pasadena.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 Adelaine Avenue Subject | $1,498,000* List Price | 0 | 0 | 1,408 | $938 | - |
A 1120 Fremont Sold | $1,430,000 | 4 | 2 | 1,636 | $874 | 0.6 mi |
B 929 Indiana Avenue Pending | $1,588,000 List Price | 0 | 0 | 1,482 | $1,072 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1923, the property is well-maintained and move-in ready. It features functional kitchens with vintage appeal, well-preserved hardwood floors, and updated systems including central HVAC (visible ceiling vents). The exterior, including the siding and deck, appears to be in solid condition, suggesting a maintenance/renovation cycle within the 5-15 year range.
The property is situated in a highly coveted neighborhood within walking distance to Blue-Ribbon schools, Trader Joe's, and the popular Thursday Night Farmers' Market, ensuring high tenant demand.
Built in 1923, this duplex retains its historic charm with original hardwood floors, storybook architecture, and romantic dining nooks, offering a unique aesthetic that commands premium market interest.
Unlike many older multi-family properties, each unit includes its own private laundry room and two dedicated parking spaces (one garage and one driveway), significantly enhancing livability and value.
Both units are 1-bedroom, 1-bathroom layouts, which may limit the potential tenant pool to singles or couples and restrict the ability to capitalize on the area's family-oriented school district.
With a list price of $1,498,000 for 1,408 square feet, the property carries a high price-per-square-foot that may challenge investors seeking aggressive capitalization rates in the current market.
Nestled in the heart of South Pasadena, this enchanting storybook Craftsman duplex offers timeless character, charm, and an unbeatable location just moments from Trader Joe's, the beloved Thursday Night Farmers' Market, award-winning Blue-Ribbon schools, local shops, dining, and so much more. The property features two thoughtfully designed 1-bedroom, 1-bathroom units, each filled with warmth and individuality. Inviting front porches welcome you home, while spacious living rooms, rich hardwood floors, and romantic dining nooks create an atmosphere of classic comfort. The well-appointed kitchens blend functionality with vintage appeal, and each unit enjoys the convenience of its own private laundry room. Unit 920 offers an added touch of serenity with French doors that open to a picturesque deck and charming yard space -- perfect for relaxing or entertaining. Additional highlights include one garage parking space and one driveway parking space for each unit, making this a rare opportunity to own a character-rich property in one of the area's most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,408 | 2,174 | 25% |
| Lot Size | 4,277 | 8,247 | 25% |
| Price | $1.50M | $1.46M | 50% |
| Price per sq ft | $1.1K | $729 | 75% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 202 | 25% |
May 18, 2026
$1,498,000
Initial Listing