494 Avocado Avenue
Pasadena, CA, 91107
$899,500
MLS: SR26049038
Beds
2
Baths
1
Sq Ft
714
Lot
0.09 ac
Year Built
1952
MLS #
SR26049038
Days on Market
10
Listed
Apr 1, 2026
Description
Charming home presents a rare opportunity to own property in the highly desirable East Pasadena neighborhood at an accessible price point. With a touch of vision and thoughtful updates, it holds wonderful potential as both a comfortable residence and a valuable investment. The home features two bedrooms and one bathroom, with an assessor-recorded living space of 714 square feet. An additional bedroom and bathroom—approximately 286 square feet—were added by the owner, bringing the total living space to approximately 1,000 square feet. While the addition was completed to quality standards, it remains unpermitted, and the buyer will be required to assume responsibility for obtaining the necessary permits in accordance with City of Pasadena requirements. Both bathrooms have been recently remodeled, offering a blend of modern comfort within a home rich in history. Lovingly owned by the same family since 1954, the residence carries a legacy of care and memories. Owner peacefully passed away in the home. Near dog park and walking trails, this is more than just a property, it is an opportunity to create something special in one of Pasadena’s most sought-after communities. Bring your imagination and make this house your home.
Location
Pasadena, Los Angeles County, CA 91107
Open on Google Maps ↗Listed by: Victor Vicia · 1st Realty
Payment estimate
$6,548
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,950 · Loan: $809,550
- Principal & Interest
- $4,974
- Property tax (1.25%)
- $937
- Homeowners insurance
- $300
- Mortgage insurance
- $337
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 $31,483 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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