PendingSingleFamilyResidence

116 Carlton Avenue

Pasadena, CA, 91103

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$859,000

MLS: CV26053600

Beds

2

Baths

1

Sq Ft

1,044

Lot

0.22 ac

Year Built

1885

MLS #

CV26053600

Days on Market

22

Listed

Mar 16, 2026

Description

116 Carlton Ave in Pasadena offers a nice an comfortable home with great potential. Records show 2 bds, but currently has 3 bds. Family room with carpet flooring, Dining area with tile flooring. Bedroom 1 with comfortable space and laminate flooring. Comfortably lit Kitchen with wood cabinets and formica countertops, tile flooring. Main bedroom has carpet flooring, access to main bathroom, and also access to rear of home for/to laundry area. Plenty of parking area in driveway, access from Manzanita, and a carport space. Several fruit trees. This home is sold AS-IS and priced for someone who sees the vision -- whether you're an owner-occupant or an investor to upgrade or expand. The lot size may be suitable for the addition of an ADU unit (verify with city). Close to Rose Bowl and the Old Town Pasadena.

Location

Pasadena, Los Angeles County, CA 91103

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Listed by: Carlos Peiro · BONITA PROPERTIES

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
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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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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