Pasadena CA Real Estate

I am representing a very nice couple that moved to the Pasadena area and are looking to buy a character home under $450,000.  So… armed with a list of homes that we have not seen yet, I set out to preview five Pasadena homes.

Up to about six months ago, it was almost impossible to find a Pasadena home in this price range, but a character home like a bungalow, Spanish or a craftsman – just unheard of. 

Not anymore, Pasadena real estate market has trended down enough to give home buyers opportunities that were not there before.  And, with the short sales and foreclosure/bank owned homes hitting the market lately there are actually quite a few choices.

So here are the homes that I previewed in order of preference:

1.  1340 Locust Street in Pasadena

This is truly a sweet Craftsman home that is bank owned, but the exception to the rule.  It is clean, updated and priced right! 

READ MORE:  Pasadena Crafstman at a sweet price

This beautiful bungalow is 3 bedrooms and 2 baths for $449,900.

2. 351 E Elizabeth Street, Pasadena

On a beautiful tree-lined Pasadena street surrounded by character homes, this Spanish is waiting for someone who is not afraid of a little work.  It has beautiful tiled fireplace and many special features.  Loved the huge yard.  It has 4 bedrooms (2 in the front and 2 in the back) and 2 baths and was built in 1924.  It is a bank owned home, but has tons of potential.  Offered at $429,800.

3.  246 East Howard Street, Pasadena

Now this is an interesting property.  It’s impossible to see from the street since this home is on a flag lot and is behind another Pasadena house.  It is more of a PUD (Planned Unit Development) or a condo/townhome style than a single family home.  It is a stand alone property with its own little yard and is totally updated.  Beautiful San Gabriel mountain and Pasadena views from the second floor bedrooms and gorgeously updated bathrooms and kitchen, hardwood floors and french doors.  If you’re looking for a model home and don’t mind HOA (Home Owner Association fees) of $135 this home is for you. 

One more thing… the setting is very peaceful with lush greenery.

It is 3 bedrooms and 2 baths and is priced at $399,000.

4. 1288 N. Raymond Avenue, Pasadena

This is a very cute bungalow which was nicely updated, but sits right next to apartment buildings and is surrounded by foreclosure homes.  Priced at $369,900, this home offers 3 bedrooms and 1 bath adn was buliltin 1922.

5. 708 Cypress Avenue in Pasadena

I couldn’t get into see this home so no photos are available.  This home needs some TLC and sits right next to the 210 freeway.  It is offered for sale at $417,000 and has 3 bedrooms and 1 bath and was built in 1888.

Have you seen any cute homes in the $450,000 range or lower?  Let me know.

And, here’s what Pasadena’s MLS (Multiple Listing Service) shows as available under $450,000:

For more information about any of these Pasadena homes for sale, give me a call at 626-204-3340.

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• Pasadena Braces for a Wave of Bank Foreclosures
• Looking for Short Sales in Pasadena’s Real Estate Market?
• Pasadena Real Estate Dusty Deals – November 2008
• Finally Pasadena Home Buyers have Access to Extensive Home Listings throughout Southern California