
Pasadena, California 91107
This Spacious Pasadena Condominium represents a High-Potential Investment Opportunity, listed at $515,000—positioned well below the $583,728 Fair Market Value by 11%. This valuation gap provides $68,728 in Instant Equity for buyers. Currently holding a Fair Condition Rating, the 1,175 square foot interior and private balcony offer significant upside through strategic cosmetic updates. Located in a historic pocket near Caltech and PCC, this property is a strategic value-add acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 S Sierra Madre Boulevard 304 Subject | $515,000* List Price | 2 | 2 | 1,175 | $497 | - |
A 2386 E Del Mar Boulevard 304 Sold | $450,000 | 1 | 1 | 885 | $508 | 0.2 mi |
B 125 S Sierra Madre 104 Active | $630,000 List Price | 2 | 2 | 1,175 | $536 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this condo is in livable condition but shows clear signs of age and partial updates. While the kitchen has been refreshed with stone countertops and a tile backsplash, the cabinetry appears older, and the hallway features dated drop-ceiling acoustic tiles. The bathrooms and overall aesthetic reflect a property that has been maintained through regular upkeep rather than a comprehensive modern renovation, fitting the criteria for 'fair' condition.
Situated in a charming and historic pocket of Pasadena, the property offers exceptional proximity to local shops, cafes, and cultural landmarks, providing a highly walkable and connected lifestyle.
With 1,175 square feet of living space, the unit features a well-conceived floor plan that maximizes natural light and ensures privacy for both bedrooms, complemented by a private balcony.
Priced at $515,000 for a 2-bedroom, 2-bathroom residence, this property represents a strong value proposition for the area, making it an attractive option for first-time buyers or investors.
Built in 1972, the property may require updates to its original systems or cosmetic finishes to meet the expectations of buyers looking for modern luxury standards.
The listing indicates no specific views from the unit, which may be a drawback for those seeking the iconic mountain or city vistas often found in the Pasadena foothills.
Tucked into one of Pasadena's most charming pockets, this 2-bedroom, 2-bath condo offers more than just a place to live--it's a chance to be part of a city with real character. Pasadena has a way of blending old-world elegance with everyday convenience, from its tree-lined streets and historic architecture to the energy of local shops, cafes, and cultural landmarks just minutes away.Inside, the home feels comfortable and easy to settle into, with a layout that makes sense for both daily living and hosting friends. Natural light fills the living spaces, and both bedrooms offer a sense of privacy that's hard to find. Whether you're starting your day with coffee on the balcony or winding down after a walk through the neighborhood, there's a calm, lived-in feel throughout.Living here means you're surrounded by a city that's been thoughtfully preserved over time--where craftsman homes, iconic streets, and long-standing traditions like the Rose Parade are part of everyday life. It's the kind of place people move to and stay for a reason.If you've been looking for something that feels connected to its surroundings, not just another unit in a building, this is one worth seeing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,175 | 1,170 | 56% |
| Lot Size | - | 14,572 | 44% |
| Price | $515.0K | $602.5K | 22% |
| Price per sq ft | $438 | $616 | 11% |
| Built year | 1972 | 1979 | 22% |
| HOA | $414.0 | $458 | 44% |
| Days on market | 21 | 215 | 11% |
Apr 1, 2026
$515,000
Initial Listing
Nov 3, 1995
$106,000
Public Record