Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

577 N Chester Avenue

Pasadena, CA, 91106

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$1,800,000

MLS: AR26022480

Beds

6

Baths

4

Sq Ft

2,944

Lot

0.17 ac

Year Built

1911

MLS #

AR26022480

Days on Market

69

Listed

Feb 11, 2026

Description

Fabulous restored Craftsman home on a picturesque, tree-lined street near the highly sought-after Bungalow Heaven neighborhood. This architectural gem blends timeless Craftsman character with modern upgrades, offering a rare opportunity to own a piece of Pasadena history. Situated on beautifully landscaped grounds, the property features two homes on one lot. A spacious front porch welcomes you into the main residence with hardwood floors, classic wood moldings, and original built-in cabinetry showcasing true Craftsman detail. Originally configured as a triplex, the property retains three separate meters, offering flexibility for multi-generational living or potential income use (buyer to verify). The main house offers five bedrooms and three bathrooms. The living room features a distinctive clinker brick fireplace, rich wood detailing, and abundant natural light. A formal dining room is ideal for entertaining, and a private office with a closet can function as an additional bedroom. Three bedrooms are located on the main level, with two upper-level en-suite bedrooms, each with its own kitchen, bathroom, and separate meter. The kitchen offers generous storage and connects to a bright breakfast nook overlooking the backyard, plus a dedicated laundry room nearby. The property qualifies for the Mills Act for potential property tax benefits; application and approval required through the City of Pasadena (buyer to verify eligibility). The backyard provides a private outdoor retreat with a Hawaiian-style gazebo, hot tub, grassy area, and mature landscaping. A newly completed 669 Sq Ft ADU includes one bedroom, one bathroom, and a modern kitchen with a large island—ideal for guests, extended living, or rental income. Recent improvements include updated HVAC and ducting, two tankless water heaters, newer roof, and fully paid solar. Low-maintenance artificial turf enhances curb appeal. Conveniently located near shopping, local markets, restaurants, Metro Gold Line, and major freeways.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: Pauline Cheng · Re/Max Premier Prop Arcadia

Payment estimate

$12,804

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $180,000 · Loan: $1,620,000

%
Principal & Interest
$9,954
Property tax (1.25%)
$1,875
Homeowners insurance
$300
Mortgage insurance
$675
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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 $63,000 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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