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1561 East Elizabeth Street

East Pasadena, CA 91104
  • $1,749,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 25550085
UPDATED: 49 min ago
$1,749,000
  • 5
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Exceptional opportunity to own a versatile income property in one of Pasadena's most desirable neighborhoods. This beautifully maintained 1924 Craftsman sits on a spacious 7,984 sq. ft. lot and offers multiple rental streams or multi-generational living options, blending timeless character with modern adaptability.The main residence currently features 3 bedrooms and 2 bathrooms, showcasing classic Craftsman details, warm interiors, and thoughtful updates. There's excellent potential to reconfigure the main house into a 2-bedroom, 1-bathroom unit and convert a portion of the existing structure into a 499 sq. ft. Junior ADU (JADU) with its own kitchen and laundry area. All plumbing is already in place, making the conversion more efficient and cost-effective.In addition, a newly constructed 2-bedroom, 1-bathroom ADU (749 sq. ft.) is located at the rear of the property. It features its own kitchen, living room, separate utility meters, and solar panelsideal for generating rental income, housing extended family, or offering private guest accommodations.Enjoy scenic mountain views, beautiful tree-lined streets, and close proximity to some of Pasadena's finest attractions, including the Rose Bowl, Huntington Library, and Norton Simon Museum. Excellent schools, restaurants, and shops are all nearby, creating the perfect balance of city access and residential serenity.With fresh landscaping and significant rental potential, this move-in-ready property presents a rare opportunity to own a piece of Pasadena history while maximizing income and flexibility for the futur

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T07:42:32.75. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.fasthouseshop.com/homes/164726073
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1561 East Elizabeth Street East Pasadena, CA 91104

  • Price: $1,749,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 49 min ago
  • ID#: 25550085
5
Beds
3
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Pasadena Ne
County:
Los Angeles
Area:
Pasadena Ne
Property Description
Exceptional opportunity to own a versatile income property in one of Pasadena's most desirable neighborhoods. This beautifully maintained 1924 Craftsman sits on a spacious 7,984 sq. ft. lot and offers multiple rental streams or multi-generational living options, blending timeless character with modern adaptability.The main residence currently features 3 bedrooms and 2 bathrooms, showcasing classic Craftsman details, warm interiors, and thoughtful updates. There's excellent potential to reconfigure the main house into a 2-bedroom, 1-bathroom unit and convert a portion of the existing structure into a 499 sq. ft. Junior ADU (JADU) with its own kitchen and laundry area. All plumbing is already in place, making the conversion more efficient and cost-effective.In addition, a newly constructed 2-bedroom, 1-bathroom ADU (749 sq. ft.) is located at the rear of the property. It features its own kitchen, living room, separate utility meters, and solar panelsideal for generating rental income, housing extended family, or offering private guest accommodations.Enjoy scenic mountain views, beautiful tree-lined streets, and close proximity to some of Pasadena's finest attractions, including the Rose Bowl, Huntington Library, and Norton Simon Museum. Excellent schools, restaurants, and shops are all nearby, creating the perfect balance of city access and residential serenity.With fresh landscaping and significant rental potential, this move-in-ready property presents a rare opportunity to own a piece of Pasadena history while maximizing income and flexibility for the futur
Exterior Features

Levels One Lot Size Area 7986 Other Structures GuestHouse Parking Garage Driveway Total Parking 8

Interior Features

Cooling Air ConditioningCentralOther Equipment FreezerRefrigeratorRange/OvenOther Heating CentralOther

Property Features

ADACompliance Yes Disclosures As IsOther Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 2 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Lot Size Area Appraiser Total Annual Expense 0 Type Of Units single Water Heaters YN Yes

Listing provided courtesy of Lena Jemelian DRE#01906176 of Compass: 310-230-5744.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T07:42:32.75. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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