508 Prescott Street, Pasadena, California 91104, Pasadena, 91104 - 3 bed, 3 bath

508 Prescott Street, Pasadena, California 91104 home-pic-0
ACTIVE$1,249,000
508 Prescott Street, Pasadena, California 91104
3Beds
3Baths
1,504Sqft
5,801Lot
Year Built
1923
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$830
HOA
-
Days on market
-
Sold On
-
MLS number
PF25128946
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(38th), sqft - 1504(50th), beds - 3(50th), baths - 3(79th).

Welcome to this charming 1923 Bungalow-style home located on a picturesque, tree-lined street in the desirable Craftsman Heights neighborhood of Pasadena which has been designated as a landmark district. Lovingly maintained with many original details preserved, this home offers warmth, character, and modern updates throughout. Step into the inviting living room featuring a cozy fireplace, then flow into the spacious dining area that opens to a well-appointed kitchen with stainless steel appliances and ample cabinetry for storage and a breakfast bar. There is also a charming side patio off the kitchen. This home offers three bedrooms, including a generous primary suite with direct access to the quaint backyard, a walk-in closet, and a luxurious bathroom with dual sinks, a jetted tub, and a separate stand-alone shower. Two additional bedrooms, include one with an en-suite ¾ bathroom, one with access to a patio and the other has access to the backyard. Also, a conveniently located powder room is available for guests. The detached one-car garage has been expanded by approx. 417 sq. ft. of finished space with a ¾ bathroom, wood-beamed ceilings, and two mini-split systems. This versatile area offers great potential as an ADU, home office, gym, or entertainment room. Notable features include: Updated electrical and copper plumbing, recently replaced water supply line, new gate, hardwood floors throughout, drought-tolerant landscaping, parking for multiple vehicles, cellar/basement, and Ecobee thermostat, 240V EV charger and so much more. All of this is ideally located near Old Town Pasadena, The Rose Bowl, Washington Park, Brookside Country Club, and many of Pasadena’s most beloved destinations.

Condition Rating
Good

This 1923 Bungalow has undergone significant and essential modern updates, including updated electrical, copper plumbing, and a recently replaced water supply line, which are crucial for a home of this age. The kitchen features stainless steel appliances and appears functional and well-maintained, though the cabinet style and basic countertops suggest a renovation that is not brand new or high-end modern. The primary bathroom includes a jetted tub, a luxury feature, but the tile and fixtures appear somewhat dated. Other bathrooms are clean and functional but also show signs of older updates rather than recent, extensive renovations. Hardwood floors throughout the main living areas are a plus and appear in good condition. The detached finished space with mini-split systems adds significant value and versatility. While some aesthetic elements in the kitchen and bathrooms are not cutting-edge, the property is move-in ready with no immediate renovation required, and its major systems have been thoroughly addressed, aligning with the 'good' criteria.
Pros & Cons

Pros

Historic Charm & Architectural Style: This charming 1923 Bungalow-style home is located in the desirable Craftsman Heights neighborhood, a designated landmark district, and has been lovingly maintained with many original details preserved, offering unique character.
Versatile Detached Space with ADU Potential: The detached one-car garage has been expanded by approximately 417 sq. ft. of finished space, including a ¾ bathroom and mini-split systems, providing excellent potential as an ADU, home office, gym, or entertainment room.
Extensive Modern System Upgrades: The property boasts significant infrastructure improvements, including updated electrical and copper plumbing, a recently replaced water supply line, an Ecobee thermostat, and a 240V EV charger, reducing immediate maintenance concerns.
Luxurious Primary Suite: The generous primary suite offers direct access to the backyard, a walk-in closet, and a luxurious bathroom featuring dual sinks, a jetted tub, and a separate stand-alone shower, providing a private retreat.
Prime Pasadena Location: Ideally situated near Old Town Pasadena, The Rose Bowl, Washington Park, Brookside Country Club, and other beloved Pasadena destinations, offering convenient access to amenities and attractions.

Cons

Lack of Central Air Conditioning in Main House: While the detached space has mini-split systems, the main 1923 residence does not explicitly mention central air conditioning, which could be a significant drawback for comfort during warmer months.
Potential for Age-Related Maintenance: Despite numerous updates, a home built in 1923 may still present ongoing maintenance considerations or unforeseen issues inherent to older properties, which could be a concern for some buyers.
Limited Main House Square Footage: At 1504 sqft for the main house, the living space might be considered relatively compact for some buyers, especially given the price point, even with the added finished detached garage space.

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