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1018 Magnolia F, South Pasadena, California 91030, South Pasadena, 91030 - 2 bed, 2 bath

1018 Magnolia F, South Pasadena, California 91030 home-pic-0
ACTIVE UNDER CONTRACT$599,000
1018 Magnolia F, South Pasadena, California 91030
2Beds
2Baths
872Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Highly desirable South Pasadena location with exceptional proximity to Mission Street's vibrant amenities, including shops, dining, Farmers Markets, and the Gold Line Commuter Train Station.
Top Cons:
As-Is Condition & Renovation Required: The property is sold 'As Is' and is described as a 'fixer,' indicating a need for substantial renovation and investment to modernize and personalize.

Compared to the nearby listings

Price:$599.0K vs avg $835.0K ($-236,000)8%
Size:872 sqft vs avg 1,220 sqft31%
Price/sqft:$687 vs avg $79015%

More Insights

Built in 1989 (36 years old).
Condition: Built in 1989, this property is explicitly marketed as a 'fixer' and 'sold as is,' requiring substantial renovation. The kitchen features severely outdated cabinets, countertops, appliances, and lighting, necessitating a complete overhaul. Both bathrooms are also very dated with old vanities, fixtures, and tub/shower units. Throughout the unit, the carpets are worn, and the paint is scuffed and dated. While the property is functional, the extent of modernization and rehabilitation needed for key areas like the kitchen and bathrooms, along with general cosmetic updates, aligns with the 'poor' condition criteria.
Year Built
1989
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$687
HOA
$500
Days on market
-
Sold On
-
MLS number
P1-25161
Home ConditionPoor
Features
Deck
ViewNeighborhood

About this home

What an opportunity this unit offers to the right buyer seeking a Fixer in the very sought-after district of South Pasadena. Great proximity to Mission Street, which boasts designer shops, restaurants, Farmers Markets, the Gold Line Commuter Train Station, parks, the Library, and so much more, location, location, location! The Condo is situated upstairs in the rear of the complex, creating a private home with views of the surrounding neighborhood, on a Magnolia Tree-lined street adjacent to a Community Garden. The unit is bright with natural light throughout and offers two bedrooms and two full bathrooms. One is an en-suite with double closets. Details include a tiled entry opening to the large living room, a tiled floor in the dining area, and the north-facing kitchen. This unit has two assigned parking spaces, 10 & 11, in a security-gated garage with a community laundry room. This unit is Sold As Is. This offers a fantastic fixer-upper opportunity for a buyer looking to make it their own in a great location.

Price History

Date
Event
Price
08/19/03
Sold
$256,000
06/13/02
Sold
$207,000
Condition Rating
Poor
Built in 1989, this property is explicitly marketed as a 'fixer' and 'sold as is,' requiring substantial renovation. The kitchen features severely outdated cabinets, countertops, appliances, and lighting, necessitating a complete overhaul. Both bathrooms are also very dated with old vanities, fixtures, and tub/shower units. Throughout the unit, the carpets are worn, and the paint is scuffed and dated. While the property is functional, the extent of modernization and rehabilitation needed for key areas like the kitchen and bathrooms, along with general cosmetic updates, aligns with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location: Highly desirable South Pasadena location with exceptional proximity to Mission Street's vibrant amenities, including shops, dining, Farmers Markets, and the Gold Line Commuter Train Station.
Customization Opportunity: Presents a fantastic fixer-upper opportunity, allowing the right buyer to personalize and add significant value to the property.
Enhanced Privacy & Views: Positioned upstairs at the rear of the complex, offering a private living experience with pleasant neighborhood views.
Secure & Dedicated Parking: Includes two assigned parking spaces within a security-gated garage, a valuable asset in urban settings.
Abundant Natural Light: The unit benefits from ample natural light throughout, creating a bright and inviting living environment.

Cons

As-Is Condition & Renovation Required: The property is sold 'As Is' and is described as a 'fixer,' indicating a need for substantial renovation and investment to modernize and personalize.
High Monthly Association Fee: The $500 monthly association fee is relatively high for an 872 sqft unit, impacting overall affordability and carrying costs.
Limited Living Space: With 872 square feet, the unit offers relatively compact living spaces, which may be a consideration for buyers seeking more expansive interiors.

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