- $1,435,000
- $1,485,000
Description
Looking for a project with an incredible payoff? This 1920s Craftsman, on the market for the first time in 54 years, is a rare find in the historic Orange Heights neighborhood. This home is a complete fixer-upper and a blank canvas for a visionary buyer. While it needs a top-to-bottom renovation, its original soul is intact, offering a truly unique opportunity to restore a piece of history. This property may qualify for the Mills Act, which could provide a massive property tax reduction, making this a smart long-term investment. The home retains many of its original features, including stained-glass windows, Batchelder tile fireplace, and intricate built-in cabinets with leaded-glass fronts. The hardwood floors, sanded only twice in over five decades, are ready to be stripped and brought back to life. The kitchen requires a full gut and remodel, and the entire home is a blank slate. The floor plan includes a main-level living room, a formal dining room, one bedroom, and a full bath. A sunroom offers a small retreat, and a half basement provides extra storage. Upstairs, there are three bedrooms and a full bath, with the potential to convert the space back into a large primary suite. The oversized lot includes a private yard with a large pool, perfect for entertaining. The detached Accessory Dwelling Unit (ADU) has a full bath and kitchenette, offering possibilities for rental income, a studio, or a guest house or take it down and use it for outdoor entertaining space ! The property has some recent updates, including replaced sewer lines under the house, new pipes from the 1990s, and a water heater from three years ago. The roof was inspected and repaired in 2024. The property also includes an original garage, a shed, and a storage barn. This is more than a house; it’s a chance to embark on an incredible restoration project and own a home with both historic significance and huge potential.
Details
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Features
Additional details
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Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange
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Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer: Public Sewer
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Cooling: None
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Heating: Central
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Flooring: Wood
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County: Los Angeles
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Property Type: Residential
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Pool: Fenced, Heated, In Ground, Private
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Parking: Driveway, Garage Faces Side, Workshop in Garage
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Community Features: Curbs, Gutter(s), Storm Drain(s), Suburban, Sidewalks
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Architectural Style: Craftsman
Address
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Address: 525 E Jackson Street
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City: Pasadena
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State/county: CA
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Zip/Postal Code: 91104
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Country: US
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