99 N Greenwood Avenue, Pasadena, California 91107, Pasadena, 91107 - bed, bath
99 N Greenwood Avenue
Pasadena, California 91107
Property Price
SUMMARY
Analysis of 99 N Greenwood Avenue, Pasadena, California 91107 is currently available with a list price of $1,598,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1922, this triplex is functional and currently fully occupied, indicating it is maintained for habitability. However, the property features century-old infrastructure and lacks evidence of a recent comprehensive renovation. The kitchens and bathrooms appear dated with older cabinetry and appliances, and the property analysis highlights aging electrical and plumbing systems as a weakness. It meets the 'fair' criteria as an aged property that is functional but shows significant signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
With all three units currently rented, this triplex provides immediate cash flow for investors, eliminating the initial vacancy risk often associated with new acquisitions.
- Strategic Location
The property is ideally situated near Pasadena Community College, major freeways, and local shopping centers, ensuring high tenant demand and long-term desirability.
- Scenic Mountain Views
The inclusion of mountain views adds a premium aesthetic appeal to the units, enhancing the living experience for residents and supporting property value.
CONSRISKS & DEFICIENCIES
- Century-Old Infrastructure
Built in 1922, the property may require significant capital expenditure for maintenance or modernization of aging electrical, plumbing, and structural systems.
- Recent Price Correction
A $100,000 reduction from the original list price may indicate that the property was initially overpriced or that there is a need to stimulate buyer interest in the current market.
About 99 N Greenwood Avenue
Nice location near Pasadena community college, close to freeway and shops. All 3 units are rented.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1922
- Lot Size
- 7,797 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,328 | 3,363.5 | 50% |
| Lot Size | 7,797 | 7,629.5 | 50% |
| Price | $1.60M | $1.78M | 50% |
| Price per sq ft | $480 | $580 | 25% |
| Built year | 1922 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 192 | 25% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,598,000
$1,698,000
-6% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$1,698,000
Initial Listing
Sold
Feb 16, 2024
$1,430,000
Public Record
Sold
Dec 8, 2009
$785,000
Public Record