940 Cornell Road, Pasadena, California 91106, Pasadena, 91106 - 3 bed, 2 bath

940 Cornell Road
Pasadena, California 91106
Property Price
SUMMARY
Analysis of 940 Cornell Road, Pasadena, California 91106 reveals a property with a current list price of $1,800,000, which is 4% above the estimated $1,723,741 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 Cornell Road Subject | $1,800,000* List Price | 3 | 2 | 2,047 | $842 | - |
A 525 E California Active Under Contract | $2,079,000 List Price | 3 | 3 | 2,669 | $779 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
This 1925 Spanish Revival home retains significant architectural character and 'casual elegance' with barrel-vault ceilings and arched French doors, but it is explicitly marketed as a renovation opportunity. While the home appears well-maintained and functional, the kitchen and bathrooms are dated and do not reflect modern luxury standards. Given its century-old infrastructure and the listing's emphasis on building equity through renovation, it fits the 'fair' criteria as an aged property requiring updates to its major systems and interior finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
This 1925 Spanish Revival home features timeless craftsmanship, including barrel-vault ceilings, arched French doors, and wrought iron details that provide significant aesthetic appeal.
- Prime Corner Lot
Situated on a verdant corner lot in the desirable South Lake neighborhood, the property offers a secluded sanctuary with privacy hedges and a spacious wraparound yard.
- Value-Add Potential
With a detached two-car garage suitable for conversion and a layout primed for renovation, the property presents a significant opportunity to build equity in a high-demand area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7275, other record lot size in square feet = 7536.
- Renovation Required
The property is positioned as a renovation project, meaning buyers should anticipate additional capital expenditure to modernize the interior and systems.
- Century-Old Infrastructure
Given its 1925 construction, the home may require extensive updates to its foundational systems to meet modern standards and efficiency.
About 940 Cornell Road
On a verdant, corner lot in Pasadena's charming South Lake neighborhood, 940 Cornell Road offers an enticing blend of comfort, beauty, and convenience. If you've been searching for the perfect opportunity to renovate, build equity, and bring your dream home to life all at the same time, look no further! Privacy hedges wrap around the front yard, creating a peaceful and secluded sanctuary that's entirely your own. Once inside, the home's beautiful layout unfolds with a sense of ease and casual elegance while Spanish Revival influences add rich character. Arched French doors and doorways, wrought iron details, and barrel-vault ceilings create a timeless sense of craftsmanship and architectural beauty. The spacious living room is bright and welcoming with four sets of French doors that invite an abundance of light. A serene, enclosed patio includes an entire wall of windows, blurring the lines between indoors and out. The dining room, with its subtle tray ceiling, offers distinguished character and a beautiful setting to enjoy special meals with loved ones. Nearby, the kitchen features a spacious layout and a pantry for extra convenience. Completing the main level, find a conveniently placed bedroom and bathroom while upstairs, two additional bright and cheerful bedrooms share a full bathroom. You'll savor the home's lush and peaceful outdoor areas year-round with a large stone patio in the back, tailor made for al fresco dining, and a sun-dappled wraparound yard perfect for play, garden parties, and gently swaying on a hammock during lazy, temperate afternoons. With a detached 2 car garage that can easily be converted into a large bonus space, 940 Cornell Road is brimming with opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 7,275 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,047 | 1,997 | 55% |
| Lot Size | 7,275 | 9,736 | 36% |
| Price | $1.80M | $1.85M | 45% |
| Price per sq ft | $879 | $925 | 39% |
| Built year | 1925 | 1922 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 156 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,800,000
Initial Listing























