
Pasadena, California 91106
This Townhouse represents a High-Potential Investment Opportunity, listed at $855,000—positioned well above the $709,308 Fair Market Value by 20%. While the property commands a premium for its Prime Madison Heights Location, the Condition Rating of 4 indicates that the original 1986 interiors require modernization to reach full market potential. Featuring a private front courtyard, attached two-car garage, and community pool, the home offers significant lifestyle utility. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to renovate a well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 270 Ohio 3 Subject | $855,000* List Price | 2 | 3 | 1,043 | $680 | - |
A 883 Magnolia Avenue 16 Sold | $888,000 | 2 | 3 | 1,042 | $852 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this 38-year-old townhome is functional but dated. The kitchen retains original oak cabinetry and white tile countertops, and the bathrooms show signs of age despite minor cosmetic updates. While well-maintained and move-in ready, the property requires interior modernization to meet current market standards.
Situated in one of Pasadena's most prestigious neighborhoods, the property offers exceptional proximity to Caltech, Old Pasadena, and the 110 Freeway for an easy commute.
Features two spacious en-suite bedrooms, soaring ceilings, and an attached two-car garage, providing a level of privacy and functionality rarely found in smaller townhomes.
The inclusion of a private front courtyard framed by mature trees offers a serene outdoor retreat that significantly enhances the home's living area.
The $550 monthly association fee is relatively high for the square footage, which may deter budget-conscious buyers or impact overall financing qualifications.
With only 1,043 square feet of living space, the interior may feel restrictive for those requiring a home office or additional storage beyond the two bedrooms.
Rarely available in the highly sought-after Madison Heights neighborhood, this charming townhome offers the perfect blend of comfort, privacy, and convenience.The home features an attached two-car garage, two spacious en-suite bedrooms, and 2.5 bathrooms. A private front courtyard, framed by mature trees and beautiful magnolia-lined streets, provides a tranquil outdoor retreat--perfect for enjoying your morning coffee or entertaining guests.Inside, the inviting living room showcases soaring ceilings, a cozy fireplace, and oversized windows that fill the space with abundant natural light. A convenient powder room on the main level adds to the home's thoughtful layout.Upstairs, both bedrooms are generously sized en-suite retreats. The spacious primary suite features vaulted ceilings and peaceful views of the magnificent magnolia trees, creating a serene escape.Residents also enjoy access to the pool. Ideally located with convenient access to the 110 Freeway, this home is just minutes from Downtown Los Angeles, Old Pasadena, the California Institute of Technology, The Huntington Library, Norton Simon Museum, The Langham Hotel, Houston's Steakhouse, and Colorado Boulevard, where you can experience the world-famous annual Rose Parade. Pasadena's renowned restaurants, shopping, parks, and entertainment are all within easy reach.Don't miss this rare opportunity to own a beautiful home in one of Pasadena's most desirable neighborhoods--Madison Heights.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,043 | 1,422 |
| Lot Size | 21,267 | 21,892 |
| Price | $855.0K | $920.6K |
| Price per sq ft | $820 | $655 |
| Built year | 1986 | 1984 |
| HOA | $550.0 | $500 |
| Days on market | 9 | 41 |
Jul 13, 2026
$855,000
Initial Listing
Nov 4, 2016
$584,500
Public Record
Aug 11, 1995
$187,000
Public Record