ActiveSingleFamilyResidence

704 S Oakland Avenue

Pasadena, CA, 91106

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$3,150,000

MLS: P1-27063

Beds

5

Baths

4

Sq Ft

3,400

Lot

0.23 ac

Year Built

1920

MLS #

P1-27063

Days on Market

0

Listed

May 13, 2026

Description

An exceptionally rare gem coming to market for the first time in over 65 years, situated on the most walkable, desirable street in Madison Heights -- directly across from the historic Albert Einstein house.This Italian Period Revival was completed in 1920 by 24-year-old Miles Stone, rated 'good' construction quality by the Pasadena City Assessor -- the highest mark on their scale. That rating has held up for over a century. The City of Pasadena has recognized this property as a contributor to the potential Madison Heights Landmark District, a neighborhood of architectural significance and enduring appeal.The bones are genuine and the craftsmanship extraordinary: original hardwood floors, gorgeous crown and plaster moldings, a stunning fireplace mantle, and a tiled roof that speak to the graceful proportions that defined the Italian Revival style's Pasadena heyday -- details simply not found in homes built today.Spread across 3,400 square feet, the layout is as livable as it is classic. The main floor offers a formal living room, formal dining room, breakfast room, wet bar, kitchen, service porch, and a fabulous great room -- all flowing together to create seamless indoor/outdoor living and effortless entertaining. A fifth bedroom and full bathroom complete the main floor. Upstairs, four spacious bedrooms include a Jack and Jill bathroom, an additional full bathroom, and a private half bath in the main bedroom. Step out onto the second-floor terrace to take in the treetops and unwind at the end of the day.Outside, the professionally landscaped backyard is framed by mature trees that lend the property a timeless, established character -- beautiful, relaxing, and made for gathering. A two-car detached garage with a generous attached storage room completes the offering.When the house was first advertised, it was described as having 'unusual attractiveness' and being 'artistic, substantial, and pleasing.'Over a century later -- and with a lifetime of memories still waiting to be made -- the description still fits.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: Heather Sanderson · The Agency

Payment estimate

$22,421

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $315,000 · Loan: $2,835,000

%
Principal & Interest
$17,659
Property tax (1.25%)
$3,281
Homeowners insurance
$300
Mortgage insurance
$1,181
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Today's Rates

As of May 14, 2026

30-year fixed
6.36%
15-year fixed
5.71%

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 $110,250 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.

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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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.