150 S Michigan Avenue 201, Pasadena, California 91106, Pasadena, 91106 - 2 bed, 2 bath
Loading property details...
Pasadena, California 91106
This Turnkey Condominium presents a Prime Investment Opportunity, listed at $748,000—positioned well below the $770,263 Fair Market Value by 2%. This valuation gap offers $22,263 in Instant Equity. Featuring a Condition Rating of 2, the unit includes a modernized kitchen, luxury vinyl flooring, and an energy-efficient HVAC system. With three private balconies and two subterranean parking spaces, this property offers a rare blend of privacy and convenience. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near Caltech.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 S Michigan Avenue 201 Subject | $748,000* List Price | 2 | 2 | 1,194 | $645 | - |
A 235 S Holliston Avenue 217 Sold | $749,000 | 2 | 2 | 1,275 | $587 | 0.2 mi |
B 1097 Blanche Street 311 Sold | $733,000 | 2 | 2 | 1,025 | $715 | 0.1 mi |
C 125 Allen 306 Sold | $560,000 | 2 | 2 | 1,147 | $488 | 0.8 mi |
D 1000 Cordova Street 101 Sold | $665,000 | 2 | 2 | 1,222 | $544 | 0.3 mi |
E 1115 Cordova Street 316 Sold | $660,000 | 2 | 2 | 983 | $671 | 0.1 mi |
F 972 E California Boulevard 306 Sold | $660,000 | 2 | 2 | 1,104 | $598 | 0.6 mi |
G 419 N Catalina Ave 4 Sold | $665,000 | 2 | 2 | 910 | $731 | 0.7 mi |
H 1000 Cordova Street 308 Sold | $660,000 | 2 | 2 | 1,199 | $550 | 0.3 mi |
I 77 N Michigan Avenue 1 Active Under Contract | $589,000 List Price | 2 | 2 | 938 | $628 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the unit has undergone a recent comprehensive renovation within the last 5 years. Key updates include a new energy-efficient HVAC system, luxury vinyl wide-plank flooring, and a modernized kitchen with new countertops and subway tile backsplash. The interior is freshly painted and in turnkey, mint condition.
Situated in a highly desirable Pasadena neighborhood near Caltech and South Lake Avenue, the property offers excellent walkability to premier shopping, dining, and recreational parks.
The unit features significant recent upgrades, including luxury vinyl plank flooring, a new energy-efficient HVAC system, and a modernized kitchen with a custom walk-in pantry, making it move-in ready.
This rare corner unit boasts three private balconies and includes two side-by-side subterranean parking spaces, providing a level of privacy and convenience often missing in condominium living.
At $745 per month, the association dues are relatively high for a 12-unit complex, which may impact the overall affordability and debt-to-income ratio for some buyers.
Constructed in 1983, the building may lack the modern architectural aesthetics and extensive common-area amenities found in newer luxury developments in the area.
Welcome to Royal Gardens! Situated on a quiet, tree-lined street, this beautifully updated 2-bedroom, 2-bathroom corner-unit condo is part of a well-maintained 12-unit complex near Caltech, Grant Park, Pasadena City College, and South Lake Avenue. This turnkey home features an open floor plan with recent updates including luxury vinyl wide-plank flooring throughout the main living areas, bedroom carpets, an energy-efficient HVAC system, and freshly painted interiors.The spacious light-filled living and dining area features a cozy fireplace and opens to a private balcony with tranquil tree-top views. The updated kitchen showcases modern countertops, a subway tile backsplash, abundant cabinetry, and a custom-built walk-in pantry. The generously sized primary suite offers a private balcony, wall-to-wall closet, and en-suite full bath with a dual-sink vanity. The second bedroom also features its own private balcony and is conveniently located adjacent to a full bathroom.Additional highlights include in-unit laundry, secured entry, elevator access just steps from the unit, and two side-by-side subterranean parking spaces. Ideally located just minutes from the shopping, dining, and entertainment of South Lake Avenue.
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 | 1,147 |
| Lot Size | - | 32,928.5 |
| Price | $748.0K | $802.4K |
| Price per sq ft | $626 | $651 |
| Built year | 1983 | 1973 |
| HOA | $745.0 | $620 |
| Days on market | 6 | 51 |
Jul 17, 2026
$748,000
Initial Listing
Jul 28, 2021
$640,000
Public Record
Sep 12, 2014
$508,000
Public Record
May 15, 2007
$525,000
Public Record