$1,749,000
5 Bed
3 Bath
0.18 Acre Lot

1561 East Elizabeth Street, None, California 91104

  • Residential Income Property Type
  • Driveway Cars Garage
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

Basic Details
Residential Income
For Sale
25550085
$1,749,000
5
3
0.18 Acre
Active
Features
: Central
: Central Air
: Driveway
$0
Appliances
: Refrigerator
Address Map
CA
Los Angeles
91104
East Elizabeth Street
1561
From the 134 freeway exit Hill Street, Make a left onto Hill Street, drive north and make a right onto East Elizabeth Street.
646 - Pasadena (NE)
Additional Information
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: One
2
2025-06-09
1
1
Broker/Agent Information
Compass
Lena Jemelian
Listing Information
CLW-C109347
CLW-X8146101
Active
2025-06-17T12:24:47Z
CRMLS
: Standard
2025-06-09T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069