Open House: Pasadena
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By popular demand, we checked out Open Houses today in Pasadena -- mainly northwest Pasadena. Agent Cherryl Weaver on the Pasadena market: ‘The Victorians and Craftsmans -- the typical million-dollar Pasadena houses -- seem to be moving OK. The lower end of the market is absolutely flat. The massive amount of condos in Old Town seem to be sitting on the market forever. The first-time homebuyer with stated income? They can kiss their dream of home ownership goodbye for a while. You need proof of income and at least five percent down.’
1105 N. Garfield Ave., Garfield Heights (pictured). Beautifully restored from complete neglect (no plumbing, no electricity), 100-year-old ‘foursquare’ farmhouse. Three bedrooms, 2 1/2 baths, 2300 SF on an 8194 SF lot, listed at $1.25 million, 44 days on market. Owner Bridgette Peters on the neighborhood: ‘It’s a great neighborhood. It’s had its hard times, but the people who have stuck it out are really happy with the revitalization.’ She and her husband plan to buy another fixer-upper in the area.
111 S. Orange Grove Blvd, #206: Two bedroom, 2-bath, 1,750 SF condo, lots of mirrors and marble, $739,990. Current owner knows many stars: framed, autographed headshots of Clint, Jack, etc. Agent Anna Wong on the market: ‘’It’s not as busy. Normally we’d have multiple offers the first week of listing. People are in a holding pattern.’
One S. Orange Grove Blvd., #5: Two bedroom, 2 1/2 bath, 2104 SF split-level townhouse with parquet floors, formal entry. $969,000. Agent Chuck Livingstone: ‘Pasadena is really holding its own. I think it’s leveled off somewhat. But we don’t have the sub-prime loans or the 100% financing, so foreclosures are minimal.’
Vacant. Listed for $849,000 three weeks ago, reduced to $799,000.
1034 N. Garfield Ave.
Three bedroom, 1 bath, 968 SF plus 300-SF bonus sun room on secluded flag-shaped lot. $547,000. Agent Cherryl Weaver on the house: ‘You can live in a million-dollar neighborhood for half the price.’1132 N. Summit Avenue, NW Pasadena: (No Open House; we grabbed a flier) Two bedroom, 1-bath, shady corner lot. $530,000. The street is kind of scruffy -- a shopping cart on the sidewalk, some lawns not tended.
864 N. Summit Avenue, NW Pasadena: (No Open House; we grabbed a flier) Two 3-bedroom houses on one 8,000 SF lot. Listed at $900,000, reduced to $850,000. Scruffy street -- see above.