Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

261 S Allen Avenue

Pasadena, CA, 91106

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$2,295,000

MLS: P1-25737

Beds

3

Baths

2

Sq Ft

1,839

Lot

0.22 ac

Year Built

1898

MLS #

P1-25737

Days on Market

50

Listed

Feb 6, 2026

Description

This beautifully renovated three-bedroom, two-bath farmhouse captures the warmth and authenticity of classic country architecture while delivering the comfort and flow today's buyers expect. Thoughtfully updated and impeccably maintained, the home blends timeless character with modern livability, easy, elegant, and inviting.At the heart of the home is a chef's kitchen with a center island and plenty of room for a family great-room style experience, creating a natural hub for daily living and entertaining. A gracious living room with a wood burning fireplace, and a spacious dining room provide additional flexibility, ideal for both formal occasions and relaxed gatherings.The floor plan is as practical as it is appealing. One bedroom and a full bath are located on the main level, perfect for guests, multi-generational living, or a home office. Upstairs, two additional bedrooms share a well-appointed and updated bathroom, offering privacy and separation. Outdoors, a wrap-around porch invites morning coffee, afternoon reading, and evening conversation, while the large, flat lot offers a rare expanse of usable outdoor space. A generous grass lawn, charming greenhouse, and ample room for expansion create exceptional future potential, whether a guest house, pool, pickleball court, or additional development opportunities.This is farmhouse living at its best: renovated yet authentic, comfortable yet refined, and set on flat land that offers numerous possibilities.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: Rita Whitney · The Agency

Payment estimate

$16,242

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $229,500 · Loan: $2,065,500

%
Principal & Interest
$12,691
Property tax (1.25%)
$2,391
Homeowners insurance
$300
Mortgage insurance
$861
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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 $80,325 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.

Local Market Stats

See Pasadena, CA 91106 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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