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$750,000
MLS: SR26103129
Beds
2
Baths
1
Sq Ft
986
Lot
0.14 ac
Year Built
1924
MLS #
SR26103129
Days on Market
1
Listed
May 12, 2026
Description
This heavy fixer offers an outstanding opportunity for investors, developers, contractors, or owner-occupants seeking their next project. Situated on a generous lot in a highly desirable Pasadena location, the property offers tremendous upside potential for those with vision and creativity. The home needs repairs and updates, but it provides a strong foundation for reimagining, renovating, or exploring future development opportunities. The spacious backyard offers plenty of usable outdoor space with room for entertaining, expansion, a pool, spa, or other custom improvements. An oversized detached garage has been converted into an unfinished living space with a kitchenette and 3/4 bathroom. Potential ADU offering additional flexibility and income opportunities (buyer to verify permits, zoning, square footage, and potential uses with the city). Conveniently located near great schools, parks, dining, and freeway access, this value-add property is ready for someone to bring it back to life. Bring your ideas and unlock the full potential of this unique opportunity. Lowest priced property in years and will not last. Property is being sold as-is.
Location
Pasadena, Los Angeles County, CA 91107
Open on Google Maps ↗Listed by: Maha Haddad · First American Realty Group
Payment estimate
$5,571
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000
- Principal & Interest
- $4,209
- Property tax (1.25%)
- $781
- Homeowners insurance
- $300
- Mortgage insurance
- $281
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 May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $26,250 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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