221 S Oak Knoll Avenue 202, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 2 bath
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Pasadena, California 91101
This Modern Urban Condo is a Strong Value Opportunity, listed at $719,000—positioned well below the $794,028 Fair Market Value by 9%. This valuation gap provides $75,028 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features updated flooring, a stainless steel kitchen, and dual private balconies. Located in the heart of the Lake Avenue district with an elite 93 Walk Score, the home offers resort-style amenities including a community pool and side-by-side parking within the Pasadena Unified district. It is an ideal acquisition for urban professionals or first-time buyers seeking a turnkey asset with significant built-in wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 S Oak Knoll Avenue 202 Subject | $719,000* List Price | 2 | 2 | 1,250 | $635 | - |
A 221 S Oak Knoll Avenue 306 Sold | $805,000 | 2 | 2 | 1,170 | $688 | 0.0 mi |
B 515 S Madison Avenue 2 Sold | $855,000 | 2 | 3 | 1,373 | $623 | 0.4 mi |
C 330 Cordova Street 155 Sold | $861,000 | 2 | 2 | 1,290 | $667 | 0.5 mi |
D 625 E Del Mar Sold | $784,000 | 2 | 2 | 1,168 | $671 | 0.1 mi |
E 501 E Del Mar Boulevard 206 Sold | $760,000 | 2 | 2 | 1,162 | $654 | 0.3 mi |
F 330 Cordova Street 361 Sold | $900,000 | 2 | 2 | 1,300 | $692 | 0.5 mi |
G 128 N Oak Knoll Avenue 317 Active | $750,000 List Price | 2 | 2 | 1,110 | $676 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. Although built in 1988, the interior has been updated with modern wood-look flooring in the main living areas and recessed lighting. The kitchen features stainless steel appliances and has been refreshed with painted cabinetry and stone countertops. While the bathrooms and kitchen layout reflect the original construction era, the overall condition shows minimal wear and tear with functional, updated systems including central HVAC and in-unit laundry.
Boasting an exceptional walk score of 93, this property is ideally situated in the heart of Pasadena’s Lake Avenue district, providing immediate access to premier shopping, dining, Caltech, and the Gold Line.
The unit includes highly desirable amenities that are often hard to find in urban condos, such as two side-by-side parking spaces and a full-sized, in-unit stacked washer and dryer.
With two separate balconies—including a large entertaining space off the living room and a private, shaded balcony shared by both bedrooms—the home offers excellent indoor-outdoor flow.
The monthly association fee of $560 is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some buyers.
The property listing indicates no specific views, which may be a drawback for buyers seeking the panoramic city or mountain vistas often associated with Pasadena real estate.
This bright and modern 2-bedroom, 2-bathroom condo is perfectly situated in the heart of Pasadena’s vibrant Lake Avenue district, offering an incredible walkability score of 93. The open living space flows into the dining area and spacious kitchen, which comes with stainless steel appliances that are included in the purchase. The roomy primary suite offers a walk-in closet and primary bath with shower stall, while the secondary bedroom across the hall allows enough room for a king bed for guests, home office, nursery or children's space. Both bedrooms open to a shared, shaded, private balcony at the side of the unit. Another balcony off the living room adds to the outdoor space, providing ample room for entertaining guests, lounging with a book or enjoying al fresco dining. Central air and heat, plus an in-unit washer and dryer -- stacked but full-sized -- are also included. Located in a secure building with a community pool, elevator and two side-by-side parking spaces, this home offers easy access to the 210 freeway, Old Town, Caltech, the Gold Line, Rose Bowl and a lovely tree-lined street that makes life in Pasadena so beautiful. Come make it yours today!
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 | 1,250 | 1,150.5 | 64% |
| Lot Size | 29,027 | 21,749.5 | 64% |
| Price | $719.0K | $888.5K | 31% |
| Price per sq ft | $575 | $711 | 12% |
| Built year | 1988 | 1998 | 48% |
| HOA | $560.0 | $619 | 40% |
| Days on market | 14 | 184 | 3% |
Apr 8, 2026
$719,000
Initial Listing
Jul 23, 2009
$435,000
Public Record
Jul 14, 2006
$530,000
Public Record
Feb 3, 2005
$475,000
Public Record