2386 E Del Mar Boulevard 112, Pasadena, California 91107, Pasadena, 91107 - 1 bed, 1 bath
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2386 E Del Mar Boulevard 112
Pasadena, California 91107
ACTIVE
CONDITION: POOR
1Beds
1Baths
885Sq Ft
0Lot Size
Property Price
LIST PRICE$415,000
EST. MARKET VALUE
$422,259
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $422,260 Fair Market Value by 1.7%. This valuation gap offers $7,260 in Instant Equity for buyers. Featuring a Fair Condition Rating and a spacious 885 sqft layout, the unit requires a full interior renovation to modernize the kitchen and bath. With community amenities like a pool and BBQ area, this is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build equity through strategic upgrades.
Estimated Market Value
$422,259
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2386 E Del Mar Boulevard 112 Subject | $415,000* List Price | 1 | 1 | 885 | $477 | - |
A 2444 E Del Mar Boulevard 208 Sold | $520,000 | 1 | 1 | 891 | $584 | 0.1 mi |
B 141 N Parkwood Ave 7 Sold | $470,000 | 2 | 3 | 938 | $501 | 0.8 mi |
C 125 S Sierra Madre Boulevard 304 Sold | $520,000 | 2 | 2 | 1,175 | $443 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 (51 years old) and explicitly marketed as a 'fixer' condo in a probate sale. The description states the kitchen is 'ready to be transformed,' indicating original or severely dated condition. Given the age and the 'fixer' status, the property requires a full rehab of the kitchen, bath, and likely aging systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Pasadena Location
Situated in the heart of Pasadena, the property offers exceptional proximity to Old Pasadena, the Rose Bowl, and The Huntington Library, ensuring high lifestyle appeal and strong long-term value.
- Significant Value-Add Potential
As a fixer-upper offered via a probate sale with no court confirmation required, this unit presents a prime opportunity for investors or flippers to build equity through strategic renovations.
- Spacious and Functional Layout
At 885 square feet, this one-bedroom unit is notably larger than average, featuring desirable amenities like a fireplace, a walk-in closet, and a private balcony that enhance its marketability.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needs
The property is in fixer condition, requiring immediate and likely significant capital investment to modernize the kitchen, bathroom, and living spaces before it is move-in ready.
- High Monthly Carrying Costs
The $650 monthly association fee is relatively high for a one-bedroom condominium, which may deter budget-conscious buyers and impact the net rental yield for investors.
About 2386 E Del Mar Boulevard 112
1 bed + 1 bath fixer condo with plenty of potential in Pasadena. The front door leads to the living area featuring a fireplace and direct access to the balcony. An open-concept dining area off the living room flows into the kitchen. The kitchen is ready to be transformed and has a good amount of cabinet space. It is also connected to a second dining area / breakfast nook. The bathroom offers a functional layout with a long vanity separated from the toilet and shower area. The bedroom boasts a walk-in closet. Community laundry is conveniently located on-site. The community features a pool and BBQ area, while the subterranean parking space provides convenient off-street parking. Condo in the heart of Pasadena is nearby the Rose Bowl, Old Pasadena, Pasadena City Hall, The Huntington Library, Pasadena Playhouse, plenty of dining, shopping, entertainment and much more! Probate Sale. Court Confirmation NOT Required.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $650.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 885 | 1,199.529 |
| Lot Size | - | 34,835.592 |
| Price | $415.0K | $778.0K |
| Price per sq ft | $469 | $641 |
| Built year | 1973 | 1979 |
| HOA | $650.0 | $631 |
| Days on market | 22 | 55 |
Pricing History
Listed for Sale
Aug 18, 2026
$415,000
Initial Listing
Sold
Feb 28, 2007
$280,000
Public Record
Sold
Oct 26, 2004
$230,000
Public Record