261 N Oak Avenue, Pasadena, California 91107, Pasadena, 91107 - bed, bath

261 N Oak Avenue, Pasadena, California 91107 home-pic-0
ACTIVE$1,655,000
261 N Oak Avenue, Pasadena, California 91107
0Bed
0Bath
2,057Sqft
8,737Lot
Year Built
1913
Close
-
List price
$1.66M
Original List price
$1.85M
Price/Sqft
$805
HOA
-
Days on market
-
Sold On
-
MLS number
SR25138805
Home ConditionExcellent
Features
Deck
Spa
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.66M(50th), sqft - 2057(40th), beds - undefined(50th), baths - undefined(50th).

Pasadena mini-compound featuring 2 detached homes with room for a third. Extra deep 8737 sq ft lot (approx. 1250 extra sq feet) affords more land that could re-imagined into green space, pool/patio, car parking or add a third unit/studio/ADU/garage. The main unit is NEW CONSTRUCTION with approximately 1292 sq ft, 2 bedrooms, 2 baths with 2 outdoor entertainment deck areas. The front unit was cleared down to the wood frame, rebuilt and is approx. 765 sq ft with 2 bedrooms, 1 bath and its own back patio. There is much character and unique design details throughout both of these homes. Rear yard features mature orange tree, landscaping, furnished gazebo entertainment area and an above ground movable spa which can be left behind for next owner. Long driveway affords generous car parking space options. Great for multi-generational families or generating rental income. Plans available for a 4 car garage. Located minutes from Pasadena schools, restaurants, entertainment, shopping, freeway access and public transportation, don’t miss the opportunity to own this unique mini-compound which has land in the back that can be further developed to suit the next owner’s preferences.

Price History

Date
Event
Price
10/08/25
Price Change
$1,655,000-4.3%
10/04/25
Price Change
$1,730,000-1.4%
09/20/25
Price Change
$1,755,000
06/20/25
Listing
$1,855,000
Condition Rating
Excellent

Despite the original build year of 1913, the listing explicitly states the main unit is 'NEW CONSTRUCTION' and the front unit was 'cleared down to the wood frame, rebuilt.' The images confirm this, showcasing fully renovated interiors with modern aesthetics. The kitchens feature new shaker-style cabinetry, wood countertops, farmhouse sinks, and contemporary appliances. Bathrooms are high-end with floating vanities, modern fixtures, unique tile work, and freestanding tubs. All flooring is new wood-look plank, light fixtures are contemporary, and the overall condition reflects a property that has been extensively renovated within the last 5 years, meeting current quality standards with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Versatile Living & Income Potential: The property features two detached homes, offering excellent flexibility for multi-generational living arrangements or significant rental income generation.
Significant Development Upside: An extra-deep 8737 sq ft lot provides substantial room for future expansion, including the potential to add a third unit, ADU, pool, or expanded green space, with plans for a 4-car garage already available.
Modernized & Updated Residences: The main unit is new construction, and the front unit has been extensively rebuilt down to the wood frame, ensuring contemporary living standards and reduced immediate maintenance concerns.
Prime Pasadena Location: Strategically located minutes from top Pasadena schools, diverse dining, entertainment, shopping, and convenient freeway/public transportation access.
Abundant Parking & Outdoor Living: A long driveway provides generous off-street parking options, complemented by multiple outdoor entertainment areas including decks, a patio, and a furnished gazebo.

Cons

History of Price Reductions: Multiple price adjustments from the initial listing indicate potential market resistance or initial overpricing, which may raise questions about the property's perceived value.
Age of Original Structure: Despite extensive renovations, the property's original build year of 1913 could imply underlying older infrastructure or potential for unforeseen issues not covered by the rebuilds.
Niche Property Type: The 'mini-compound' configuration, while offering flexibility, may appeal to a more specific buyer demographic compared to a traditional single-family residence, potentially narrowing the buyer pool.

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