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ActiveSingleFamilyResidence

300 N Carmelo

Pasadena, CA, 91107

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$949,000

MLS: LG26179251

Beds

3

Baths

3

Sq Ft

1,388

Lot

0.11 ac

Year Built

1926

MLS #

LG26179251

Days on Market

3

Listed

Aug 20, 2026

Description

Rare opportunity to own a beautifully refreshed corner-lot duplex property in one of Pasadena’s most desirable neighborhoods. Freshly painted inside and out and featuring brand-new flooring throughout, this versatile property offers the perfect blend of charm, flexibility, and future potential. The inviting main residence is currently configured with two bedrooms and one-and-a-half bathrooms. Two of the original bedrooms were combined to create one larger bedroom, offering the potential to restore the home to its original three-bedroom configuration. The residence also features central air conditioning, abundant natural light, and comfortable living spaces designed for everyday living and entertaining. Step outside to your own private backyard sanctuary, where mature hedges provide exceptional privacy and create a peaceful setting for relaxing or enjoying Southern California’s year-round outdoor lifestyle. Adding tremendous value and flexibility is a detached ADU/studio complete with its own kitchen, full bathroom with shower, and air conditioning. Recently rented for $1,850 per month, it provides a compelling example of the property’s income-producing potential. The property will be delivered vacant, giving the new owner immediate flexibility to occupy, improve, or rent the units without an existing tenancy in place. This versatile space is also ideal for extended family, guests, a private home office, creative studio, or other flexible living arrangements. According to county records, the property is identified as a duplex, presenting an outstanding opportunity for homeowners, investors, or those seeking long-term upside. Prior rent is provided for informational purposes only and is not a representation or guarantee of current or future rental income. The desirable corner lot enhances the property’s curb appeal while providing abundant natural light, a driveway with parking for up to three vehicles, and plentiful street parking for family and guests. Conveniently located near shopping, dining, parks, schools, Old Pasadena, Caltech, the Huntington Library, and major commuter routes, this is a rare opportunity to own a move-in-ready Pasadena property offering privacy, versatility, and exceptional value. Whether you are looking for a place to call home, additional space for extended family or guests, or an investment with exciting future potential, 300 N. Carmelo Avenue is a property you will not want to miss.

Location

Pasadena, Los Angeles County, CA 91107

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Listed by: John Mussen · John Mussen, Broker

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$7,127

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100

%

Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,483
Property tax (1.25%)
$989
Homeowners insurance
$300
Mortgage insurance
$356
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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 Aug 20, 2026

30-year fixed
6.65%
15-year fixed
5.95%

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 $33,215 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

See Pasadena, CA 91107 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.