
Pasadena, California 91106
This Turnkey Condominium represents a Prime Investment Opportunity, listed at a List Price of $732,000—positioned well below the $753,231 Fair Market Value by 2%. This valuation gap offers $21,231 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern kitchen updates and a new HVAC system, this residence offers a high-walkability lifestyle near Caltech. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing location and quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 S Michigan Avenue 201 Subject | $732,000* List Price | 2 | 2 | 1,194 | $631 | - |
A 77 N Michigan Avenue 1 Sold | $630,000 | 2 | 2 | 938 | $672 | 0.3 mi |
B 497 E California Boulevard 203 Sold | $749,000 | 2 | 2 | 1,226 | $611 | 1.0 mi |
C 235 S Holliston Avenue 217 Sold | $749,000 | 2 | 2 | 1,275 | $587 | 0.2 mi |
D 1097 Blanche Street 311 Sold | $733,000 | 2 | 2 | 1,025 | $715 | 0.1 mi |
E 125 Allen 306 Sold | $560,000 | 2 | 2 | 1,147 | $488 | 0.8 mi |
F 1000 Cordova Street 101 Sold | $665,000 | 2 | 2 | 1,222 | $544 | 0.3 mi |
G 1115 Cordova Street 316 Sold | $660,000 | 2 | 2 | 983 | $671 | 0.1 mi |
H 121 S Wilson 103 Active | $799,900 List Price | 3 | 2 | 1,249 | $640 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property has undergone a comprehensive recent renovation within the last 5 years. It features a modern kitchen with stone countertops and subway tile, new luxury wide-plank vinyl flooring, and a brand-new high-capacity energy-efficient HVAC system, meeting the criteria for mint, turnkey condition.
Boasting a Walk Score of 90, this property is perfectly situated in Southeast Pasadena, offering immediate proximity to Caltech, South Lake Avenue shopping, and diverse dining options.
The residence is move-in ready with high-end finishes, including luxury wide-plank vinyl flooring, a modernized kitchen with custom cabinetry, and a new energy-efficient HVAC system.
As a single-story end-unit, the home provides enhanced privacy, an open-concept living space, in-unit laundry, and multiple private balconies that extend the living area outdoors.
The association fee of $745 per month is relatively high for the area, which may impact the overall affordability and debt-to-income ratio for some buyers.
While the unit offers pleasant treetop views, it lacks the panoramic or iconic city views that are often highly sought after in the Pasadena luxury condominium market.
Welcome to Royal Gardens in desirable Southeast Pasadena. Set on a quiet, tree-lined street, this beautifully updated single-story end-unit condominium offers a refined blend of space, comfort, and effortless Pasadena living.This turnkey residence opens to an expansive light-filled living space with thoughtfully curated updates throughout including freshly painted interiors, luxury wide-plank vinyl flooring, plush carpeting, and a high-capacity, energy-efficient HVAC system for comfortable year around living. The open-concept living room centers around a cozy fireplace and wall-to-wall windows overlooking a spacious covered patio with serene treetop views. The adjacent dining area creates an inviting setting for everyday living and entertainment.The updated kitchen showcases stone countertops, subway tile backsplash, custom cabinetry, and an impressive walk-in, wall-to-wall custom pantry offering exceptional storage. The bedroom wing includes a convenient in-unit laundry room with side-by-side washer and dryer plus built-in shelving.Privately positioned at the end of the hall, the primary suite offers a peaceful retreat with plush carpeting, a wall-to-wall closet, and direct access to a private covered balcony. The ensuite bath features a generous dual-sink vanity and large soaking tub/shower. The versatile second bedroom also opens to its own private balcony, while a full hallway bath serves the bedroom and guests.An elevator, just steps from the front door, provides direct access to a secure garage with side-by-side parking spaces. With a Walk Score of 90 and close proximity to Caltech, Grant Park, and Pasadena City College, this exceptional residence is also moments from South Lake Avenue's renowned shopping, dining, and entertainment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,194 | 1,199.529 |
| Lot Size | - | 34,835.592 |
| Price | $732.0K | $778.0K |
| Price per sq ft | $613 | $641 |
| Built year | 1983 | 1979 |
| HOA | $745.0 | $631 |
| Days on market | 12 | 55 |
Aug 28, 2026
$732,000
Initial Listing
Jul 28, 2021
$640,000
Public Record
Sep 12, 2014
$508,000
Public Record
May 15, 2007
$525,000
Public Record