
Pasadena, California 91106
This property presents a High-Potential Investment Opportunity, listed at $789,000—positioned above the $763,658 Fair Market Value. While the unit requires cosmetic updates to modernize its Fair Condition Rating, it offers a functional 1,275 sqft layout with a rare, expansive private patio and community pool/spa access. Its prime location near Caltech and the Lake Avenue district ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build value through strategic interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 235 S Holliston 114 Subject | $789,000* List Price | 2 | 2 | 1,275 | $599 | - |
A 235 S Holliston Avenue 211 Sold | $720,000 | 2 | 2 | 1,104 | $652 | 0.0 mi |
B 259 N Holliston Avenue 1 Sold | $570,000 | 2 | 2 | 1,018 | $560 | 0.6 mi |
C 1097 Blanche Street 311 Sold | $733,000 | 2 | 2 | 1,025 | $715 | 0.2 mi |
D 1000 E California Boulevard E 204 Sold | $849,000 | 2 | 3 | 1,345 | $631 | 0.6 mi |
E 1127 E Del Mar Sold | $650,000 | 2 | 2 | 1,363 | $477 | 0.2 mi |
F 1000 Cordova Street 101 Sold | $665,000 | 2 | 2 | 1,222 | $544 | 0.4 mi |
G 601 E California Boulevard 306 Sold | $725,500 | 2 | 2 | 1,183 | $613 | 0.9 mi |
H 972 E California Boulevard 306 Sold | $660,000 | 2 | 2 | 1,104 | $598 | 0.6 mi |
I 1097 Blanche 132 Active | $795,000 List Price | 2 | 3 | 1,229 | $647 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is well-maintained but significantly dated. The kitchen features newer stainless steel appliances, but the tile countertops, cabinets, and fluorescent light boxes appear original or aged. Bathrooms and parquet flooring reflect the 1980s construction, and while functional, the unit requires cosmetic updates to meet modern standards.
Ideally situated near Caltech, Pasadena City College, and the Lake Avenue shopping district, offering exceptional convenience and high rental demand.
Features one of the largest private patios in the complex with direct access from both bedrooms, providing a rare and significant outdoor living space for a condo.
The well-designed 1,275 sqft floor plan includes a cozy fireplace, in-unit laundry, and two secure underground parking spaces, catering to modern lifestyle needs.
The monthly HOA fee of $866.77 is relatively high, which may impact the overall affordability and appeal for budget-conscious buyers.
The property is listed as having no views, which may be a disadvantage compared to other units in the area that offer mountain or city vistas.
Rare opportunity to own this desirable single-story condo featuring one of the largest private patios in the complex. This well-designed unit offers 2 spacious bedrooms, each with sliding glass doors providing direct access to the expansive patio. The light-filled living room features a cozy fireplace and custom built-in bookshelves, while the separate dining room is ideal for everyday living and entertaining. Additional highlights include parquet floors, in-unit laundry, nice kitchen with stainless appliances, its own security system, two secure underground parking spaces and a community pool and spa. Ideally located near Caltech, Pasadena City College (PCC), and the vibrant Lake Avenue shopping and dining district, with Erewhon, Trader Joe's, cafes, restaurants, and everyday conveniences just minutes away. Enjoy the best of Pasadena living in this wonderful unit and neighborhood.
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 | 1,275 | 1,147 |
| Lot Size | 56,060 | 32,928.5 |
| Price | $789.0K | $802.4K |
| Price per sq ft | $619 | $651 |
| Built year | 1985 | 1973 |
| HOA | $866.77 | $620 |
| Days on market | 2 | 51 |
Jul 20, 2026
$789,000
Initial Listing
Apr 28, 2015
$490,000
Public Record