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507 Anderson Place, Pasadena, California 91103, Pasadena, 91103 - 3 bed, 2 bath

507 Anderson Place, Pasadena, California 91103 home-pic-0
ACTIVE$950,000
507 Anderson Place, Pasadena, California 91103
3Beds
2Baths
1,520Sqft
5,111Lot
Year Built
1924
Close
-
List price
$950K
Original List price
$999K
Price/Sqft
$625
HOA
-
Days on market
-
Sold On
-
MLS number
PW24244798
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(24th), sqft - 1520(41th), beds - 3(50th), baths - 2(50th).

SIGNIFICANT PRICE REDUCTION! Welcome to Muir Heights. This California bungalow has been tastefully redone and is waiting to be a part of your history. A quaint West Pasadena location in a historical pocket neighborhood close to Al Fresco downtown restaurants, shops, and minutes from the Rose Bowl, this charming 3-bedroom, 2-bath residence invites you to enjoy a serene lifestyle on a cozy lot. The home boasts an open floor plan on an efficiently situated very private lot with just one adjacent neighbor, perfect for tranquil gardening, peaceful evenings, or lively events; all wrapped in the privacy of an all-encompassing gate surrounding the property line. The masterful tree lined street adds to the appeal of this lovely residence. Inside you will find a tactfully done kitchen tastefully equipped with maple cabinets and functional granite countertops. The home hosts 3 bedrooms and 2 bathrooms, including the primary bedroom with an en suite bath. The detached, spacious 2 car garage offers its owner a world of possibility, whether you want an office, workshop, storage, or an ADU for even greater future value. This home offers the perfect blend of quaintness and modern ease. Don’t miss your chance to call this enchanting space your home!

Price History

Date
Event
Price
08/26/25
Price Change
$950,000
12/05/24
Listing
$999,000
Condition Rating
Good
This 1924 bungalow has been extensively renovated, making it move-in ready. The kitchen features functional maple cabinets and granite countertops, and stainless steel appliances, though the style of the cabinets and granite pattern suggest the renovation might be 10-15 years old rather than brand new. Bathrooms appear updated with modern vanities and fixtures. Flooring is a mix of modern wood-look tile and wood. The property benefits from recessed lighting and a visible modern HVAC unit. While not 'excellent' due to some slightly dated aesthetic choices in the kitchen, it is well-maintained and requires no immediate renovations.
Pros & Cons

Pros

Prime West Pasadena Location: Situated in a quaint, historical pocket neighborhood in West Pasadena, offering convenient access to downtown restaurants, shops, and minutes from the Rose Bowl.
Enhanced Privacy & Curb Appeal: The property boasts a very private, efficiently situated lot with only one adjacent neighbor, fully encompassed by a gate, and located on a masterful tree-lined street.
Tastefully Renovated Interior: The California bungalow has been tastefully redone, featuring an open floor plan and a tactfully done kitchen with maple cabinets and functional granite countertops.
ADU Potential & Versatile Garage: A detached, spacious 2-car garage offers significant potential for conversion into an ADU, office, workshop, or additional storage, enhancing future value.
Recent Price Reduction: A significant price reduction from the original list price indicates a motivated seller and presents an attractive value proposition for potential buyers.

Cons

Age of Property (1924): While tastefully redone, the 1924 build year suggests potential for older underlying infrastructure (e.g., plumbing, electrical) that may not have been fully updated, potentially leading to future maintenance.
Lack of Explicit HVAC Mention: The description does not specify the presence of a central air conditioning system, which could be a significant consideration for comfort during Pasadena's warmer months.
Cozy Lot Size: The 5,111 sqft lot, while described as 'cozy' and private, might be considered smaller by buyers seeking more expansive outdoor space or significant room for future expansion beyond the garage.

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