
Pasadena, California 91104
This Updated Pasadena Townhome is a Prime Investment Opportunity, listed at $699,000—positioned well below the $721,882 Fair Market Value by 3%. This valuation gap provides $22,882 in Instant Equity for the buyer. Boasting a Condition Rating of 4, the home features new vinyl plank flooring, fresh carpet, and a private deck, while offering room for value-add kitchen modernizations. Located near Caltech and Pasadena City College, it balances lifestyle convenience with appreciation potential. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a functional, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1370 E Orange Grove Boulevard 5 Subject | $699,000* List Price | 3 | 3 | 1,422 | $508 | - |
A 1348 E Orange Grove Boulevard 4 Active Under Contract | $699,000 List Price | 2 | 2 | 1,120 | $624 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old), the home has received recent cosmetic updates including new vinyl plank flooring and carpet. However, the kitchen and bathrooms remain dated with older tile countertops and cabinetry consistent with the original construction era. While move-in ready and well-maintained, it requires modern updates to the wet areas to meet 'Good' criteria.
Situated near Caltech, Pasadena City College, and the Lake Avenue shopping district, this property offers exceptional convenience for commuters, students, and professionals.
The townhome features vaulted ceilings, an attached two-car garage, and a thoughtful three-bedroom floor plan that maximizes the 1,422 square feet of living space.
Recent upgrades including wood-look vinyl plank flooring, new carpeting, and a refreshed interior ensure a modern feel and immediate occupancy for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1422, other record living area = 1245.
The $500 monthly association fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
While the kitchen is functional with stainless steel appliances, the tile countertops are often considered dated compared to modern quartz or granite standards.
Located along desirable Orange Grove Boulevard in Pasadena, this updated 3-bedroom, 3-bathroom townhome offers comfort, functionality, and a prime location close to the city's best amenities. Upon entry, you're welcomed by wood-look vinyl plank flooring and newly installed carpet, creating a fresh and inviting feel. To the left, the kitchen features tile countertops, recessed lighting, a bay window, a stainless steel dishwasher, and a gas range. The kitchen opens to the dining area, where a convenient wet bar adds an extra touch for entertaining. The living room is warm and inviting, highlighted by a gas fireplace with a stone surround, hearth, and white mantel. Sliding doors lead to a covered balcony, an ideal spot to enjoy your morning coffee or unwind in the evening. Completing the main level is a guest half bathroom with a tile countertop vanity. Just beyond, stairs lead down to the laundry area and an attached two-car garage for added convenience. Upstairs, the bedroom level offers vaulted ceilings and a thoughtful layout. At the top of the stairs, you'll find linen storage and additional counter space. A full bathroom with a tub and shower combination serves two secondary bedrooms, both featuring vaulted ceilings and generous closet space. The primary suite provides a comfortable retreat with vaulted ceilings, a charming bay window, and a wraparound closet with dual access doors. The ensuite bathroom includes an oversized single-sink vanity with a built-in seating area and a tub and shower combination. Ideally located near Pasadena City College, California Institute of Technology, the Metro, and the shops and dining along Lake Avenue, this home also offers easy access to major freeways, making it a perfect blend of convenience and Pasadena living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 56% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,422 | 1,120 | 67% |
| Lot Size | 21,892 | 13,985 | 67% |
| Price | $699.0K | $704.0K | 44% |
| Price per sq ft | $492 | $629 | 11% |
| Built year | 1982 | 1984 | 44% |
| HOA | $500.0 | $456 | 78% |
| Days on market | 36 | 120 | 11% |
May 1, 2026
$699,000
Initial Listing