ActiveMixedUse

1845 E Colorado

Pasadena, CA, 91107

1 / 28View all 28 photos

$1,599,000

MLS: IV26022428

Beds

3

Baths

1

Sq Ft

1,620

Lot

0.14 ac

Year Built

1917

MLS #

IV26022428

Days on Market

46

Listed

Jan 30, 2026

Description

Charming and full of character, this 1917 Pasadena bungalow offers a rare opportunity in a prime Colorado Boulevard location with both residential and commercial zoning. The property features 3 bedrooms and 1 bathroom, showcasing classic architectural details that reflect the craftsmanship of the early 20th century. Set along one of Pasadena’s most recognizable corridors, this versatile property is ideal for a variety of uses—whether as a private residence, professional office, boutique business, or live/work space. The layout provides flexibility, while it's notable charm creates a welcoming and memorable presence. With excellent visibility, convenient access, and close proximity to shops, dining, and major thoroughfares, this property presents a unique chance to own a piece of Pasadena property with modern-day potential. A standout opportunity for homeowners, entrepreneurs, or investors seeking location, character, and zoning versatility all in one.

Location

Pasadena, Los Angeles County, CA 91107

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Listed by: SHELBY LOOMIS · WESTCOE REALTORS INC

Payment estimate

$11,407

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,900 · Loan: $1,439,100

%
Principal & Interest
$8,842
Property tax (1.25%)
$1,666
Homeowners insurance
$300
Mortgage insurance
$600
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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 $55,965 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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