East Elizabeth Street

Altadena | California

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$1,599,000

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1561

East Elizabeth Street

Altadena | California

1561 East Elizabeth Street, Altadena, California, United States. , Altadena , California

Residential Income in Pasadena

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 [hidden information] 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 [hidden information] 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 [hidden information] 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 [hidden information] 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

Property

3D Street View Tour

Property Location

1561 East Elizabeth Street, Altadena, California, United States., Altadena California

Local Weather & Climate

Altadena, California

Current Conditions Updated recently

54 °F

Overcast clouds

Feels Like 53°F

Humidity 84%

Wind 4 mph

Visibility 6.2 mi

Sunrise 2:54 PM

Sunset 1:14 AM

5-Day Forecast

Sat 24 Jan

Clouds

High 61°

Low 54°

Sun 25 Jan

Clouds

High 63°

Low 51°

Mon 26 Jan

Clouds

High 68°

Low 52°

Tue 27 Jan

Clear

High 70°

Low 53°

Wed 28 Jan

Clouds

High 70°

Low 56°

Annual Climate Based on last 12 months

56° Avg Low

Jan

77° Avg High

Aug

56 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

25.8" Annual Rainfall

Semi-Arid climate

Monthly Temperatures

Jan

66°

47°

Feb

68°

48°

Mar

80°

56°

Apr

73°

52°

May

74°

55°

Jun

79°

58°

Jul

88°

65°

Aug

92°

68°

Sep

85°

65°

Oct

81°

60°

Nov

68°

52°

Dec

65°

50°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Altadena?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 1561 East Elizabeth Street, Altadena, California, United States have?

This other at 1561 East Elizabeth Street, Altadena, California, United States features 5 bedrooms.

What is the listing price for 1561 East Elizabeth Street, Altadena, California, United States?

This property is listed at $159,900,000.

What is the climate like in Altadena?

Altadena features a pleasant climate. Average temperatures range from 56°F in winter to 77°F in summer. The area receives approximately 25.8 inches of precipitation annually. There are about 56 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Altadena?

Altadena tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 1561 East Elizabeth Street, Altadena, California, United States?

This is a other located in Altadena, California. The property is situated in an established neighborhood with convenient access to local amenities and services.