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408 E Del Mar Boulevard, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 1 bath

408 E Del Mar Boulevard, Pasadena, California 91101 home-pic-0
ACTIVE$889,000
408 E Del Mar Boulevard, Pasadena, California 91101
2Beds
1Bath
1,162Sqft
2,573Lot
Year Built
1910
Close
-
List price
$889K
Original List price
$950K
Price/Sqft
$765
HOA
-
Days on market
-
Sold On
-
MLS number
GD25264484
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $889.0K(50th), sqft - 1162(50th), beds - 2(50th), baths - 1(50th).

House with a detached garage in Prime Pasadena location. This property must be sold together with the adjacent property at 325 S Los Robles Ave. Ideal for: 1031 Exchange Investors seeking long-term value in a premier Pasadena location Contractors/builders/developers Please note: Tax records indicate 1 bedroom, however, the home has 2 bedrooms. Buyer to verify with the City. Room to add second bathroom. Actual rental income is $2000 per month. This rare offering is a must-see for investors, contractors/developers, and builders seeking a long-term asset in one of Pasadena’s most desirable neighborhoods. 408 E Del Mar Lot Size: 2,573 SF. Features inlcude central air and heat, hardwood floors, recessed lighting! 325 S Los Robles Lot Size: 6432 SF Combined Lot Size: 9,005 SF (approx.) Enjoy immediate access to Pasadena’s vibrant lifestyle offerings — just minutes to the dining, shopping, and entertainment of Old Town Pasadena, The Paseo, and the Playhouse District. Also within close reach are top cultural and educational landmarks including the Norton Simon Museum, Pasadena City College, and Caltech. Outdoor enthusiasts will appreciate proximity to Central Park, Arroyo Seco, and nearby hiking, cycling, and golf options. The property offers excellent connectivity via Metro Gold Line, major thoroughfares, and is just a short commute to Downtown Los Angeles. Buyers to conduct their own due diligence with the City regarding zoning and development possibilities. Submit y!our best offer today!

Price History

Date
Event
Price
12/13/25
Price Change
$889,000-6.4%
11/21/25
Listing
$950,000
10/10/01
Sold
$148,000
Condition Rating
Fair
Built in 1910, this property has received some beneficial updates such as central air and heat, hardwood floors, and recessed lighting, making it functional and livable. However, the kitchen features dated white appliances, older cabinets, and countertops, while the visible bathroom elements also appear to be from an older renovation. The overall aesthetic, including popcorn ceilings, suggests the home is aged but maintained, requiring significant updates to the kitchen and bathroom to meet current standards. It's move-in ready but clearly shows its age and the need for modernization, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Prime Pasadena Location: Situated in a highly desirable Pasadena neighborhood, offering immediate access to Old Town Pasadena, The Paseo, Playhouse District, cultural landmarks, and outdoor recreational areas.
Significant Development Potential: Sold with an adjacent property, creating a combined lot size of approximately 9,005 SF, ideal for contractors, builders, and developers seeking long-term value and expansion possibilities.
Investment Opportunity & Income: Marketed as ideal for 1031 Exchange and investors, the property currently generates $2,000 per month in rental income, providing immediate cash flow.
Modern Amenities & Classic Charm: Features central air and heat, hardwood floors, and recessed lighting, blending modern comforts with the classic appeal of a well-maintained older home.
Excellent Connectivity: Offers strong transportation links via the Metro Gold Line and major thoroughfares, ensuring a short commute to Downtown Los Angeles and easy access to local amenities.

Cons

Mandatory Bundled Sale: The property must be purchased with an adjacent parcel, significantly increasing the overall investment capital required and potentially narrowing the pool of interested buyers.
Age of Property & Renovation Scope: Built in 1910, the property is over a century old, suggesting potential for extensive renovation or modernization beyond current updates, despite some existing amenities.
Due Diligence Required: Discrepancies exist between tax records (1 bedroom) and actual property (2 bedrooms), and buyers are explicitly advised to verify zoning and development possibilities with the City, indicating potential complexities.

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