1000 Del Rey Avenue
Pasadena, CA, 91107
$859,000
MLS: P1-26432
Beds
2
Baths
2
Sq Ft
1,344
Lot
0.16 ac
Year Built
1938
MLS #
P1-26432
Days on Market
13
Listed
Mar 25, 2026
Description
Nestled on a picturesque, tree-lined street in desirable Pasadena, this classic 1938 traditional home offers timeless character and an exceptional opportunity to make it your own. Featuring approximately 1,300+ square feet of living space on a generous 7,028 square-foot lot, this two-bedroom, one-and-a-half-bath residence is rich with original details and ready for its next chapter. Inside, you'll find wood floors, crown molding, and the living room anchored by a traditional brick fireplace, built-in bookcase and elegant bay window. The formal dining room showcases wainscoting, while the kitchen offers a charming eating area. Both bedrooms are well-proportioned, and the home's layout provides a solid foundation for renovation or expansion. Outdoors, the spacious lot offers ample room for landscaping, entertaining, or future enhancements. This property presents an opportunity for investors, renovators, or buyers looking to restore a classic Pasadena home to its full potential. With its unbeatable location and enduring architectural charm, this is a true diamond in the rough awaiting your vision.
Location
Pasadena, Los Angeles County, CA 91107
Open on Google Maps ↗Listed by: Dick Davis · Cornerstone Real Estate Serv.
Payment estimate
$6,267
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,900 · Loan: $773,100
- Principal & Interest
- $4,750
- Property tax (1.25%)
- $895
- Homeowners insurance
- $300
- Mortgage insurance
- $322
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $30,065 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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