Under ContractSingleFamilyResidence

831 Bank Street

South Pasadena, CA, 91030

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$1,580,000

MLS: P1-26881

Beds

3

Baths

2

Sq Ft

1,608

Lot

0.14 ac

Year Built

1949

MLS #

P1-26881

Days on Market

14

Listed

Apr 29, 2026

Description

This 1949 Mid-Century Home, with its understated, clean design and split-level floor plan, features 3 bedrooms, 2 full baths, and a retro-style family/great room. As you enter the home, you will notice the original wood floors, a formal living room with a fireplace, and a dining alcove. The bedrooms are located on the west side of the home and are served by two full bathrooms, including the primary bedroom that has been used as a Jr-ADU in the past. On the east side of the home, above the garage, is the family/great room. Entering this space will make you feel like you're stepping back to the 1950s, with its wood paneling, picture windows, and northeast-facing views. An efficient galley-style kitchen with access to the lovely rear garden, perfect for relaxing and enjoying a martini, completes the home. Lovingly cared for by its current owner for over 20 years, this home is ready for its next steward.

Location

South Pasadena, Los Angeles County, CA 91030

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Listed by: Joseph Reed · Sotheby's International Realty

Payment estimate

$11,396

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $158,000 · Loan: $1,422,000

%
Principal & Interest
$8,857
Property tax (1.25%)
$1,646
Homeowners insurance
$300
Mortgage insurance
$593
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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 South Pasadena home with as little as 3.5% down using an FHA loan — roughly $55,300 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.

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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.