41
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$1,749,000
Est. payment /mo
5 Beds
3 Baths
7,984 Sqft Lot
New
1561 East Elizabeth Street CA 91104
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25550085
Bedrooms 5
HOA Y/N No
Lot Size 7,984 Sqft
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
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Rooms
Other Rooms Guest House
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Driveway
Total Parking Spaces 8
Building
Story 1
Entry Level One
Level or Stories One
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID UNAVAILABLE
Special Listing Condition Standard
Listed by Lena Jemelian • Compass
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