
Pasadena, California 91101
This Penthouse Condominium represents a Strong Value Opportunity, listed at $1,075,000—positioned well below the $1,139,201 Fair Market Value by 5%. This valuation gap offers $64,201 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern updates, the residence offers a private rooftop terrace and panoramic mountain views. Its prime Playhouse Village location ensures long-term stability. This is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or sophisticated urban professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 284 S Madison Avenue 401 Subject | $1,075,000* List Price | 3 | 3 | 1,860 | $612 | - |
A 515 S Oakland Avenue 2a Sold | $1,050,000 | 3 | 3 | 1,564 | $671 | 0.3 mi |
B 478 S Madison Avenue 2 Sold | $878,000 | 3 | 3 | 1,535 | $572 | 0.2 mi |
C 257 S Hudson Avenue 102 Sold | $1,250,000 | 3 | 3 | 1,763 | $709 | 0.2 mi |
D 515 S Madison Avenue 2 Sold | $855,000 | 2 | 3 | 1,373 | $623 | 0.3 mi |
E 80 N Euclid Avenue 102 Sold | $965,000 | 2 | 2 | 1,585 | $609 | 0.5 mi |
F 392 S Marengo 105 Sold | $990,000 | 3 | 2 | 1,554 | $637 | 0.4 mi |
G 601 E Del Mar Boulevard 404 Pending | $799,000 List Price | 3 | 2 | 1,630 | $490 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1962, the unit has undergone significant renovations. The bathrooms feature modern subway tile, glass enclosures, and contemporary vanities consistent with a recent update (<10 years). The kitchen is well-maintained with painted cabinetry and functional appliances, though the tile work is slightly dated. Overall, the property features updated flooring and recessed lighting, making it move-in ready.
Occupying its own entire level with a dedicated elevator landing, this residence offers a rare degree of privacy and exclusivity seldom found in condominium living.
The property features an oversized rooftop terrace and panoramic mountain views, providing a seamless indoor-outdoor transition that significantly expands the living space.
Situated in a highly walkable and vibrant neighborhood near Caltech and South Lake, the location ensures long-term value and immediate access to premier dining and shopping.
At $1,850 per month, the association fees are substantial and may impact the overall affordability and monthly carrying costs for potential buyers.
Built in 1962, the mid-century building may present challenges or limitations associated with older plumbing, electrical systems, and general energy efficiency compared to modern builds.
Situated in Pasadena's Playhouse Village, this penthouse residence in the Mid-Century 'Odyssey' building offers a rare combination of privacy and panoramic views, occupying its own level with a dedicated elevator landing. Double doors open to a welcoming foyer that flows into an expansive great room, where the living and dining areas connect seamlessly--well-suited for both everyday living and entertaining. Large sliding glass doors extend the space to an oversized rooftop terrace, creating a natural indoor-outdoor transition. Just off the main living area, a versatile den functions comfortably as a home office or lounge, also opens to the terrace for a perfect flow. The adjacent kitchen provides generous storage and a breakfast area with built-in banquette. The first bedroom sits near the front of the unit, to the left of the foyer alongside a three-quarter bath; a thoughtfully placed hallway door allows for an easy conversion to an ensuite configuration. The second bedroom suite is filled with natural light, offering mountain views and an updated three-quarter bath. A hallway leads to the primary suite complete with a walk-in closet and a well-appointed bath featuring dual vanities and a large shower. Sliding doors open to a screened balcony shared with the first bedroom suite. Additional features include in-unit laundry, two side-by-side subterranean parking spaces, and two private storage units. Community amenities include a pool and patio with barbecue facilities. HOA dues cover water (hot and cold), trash, electricity, fire and earthquake insurance and exterior maintenance. Located just moments from South Lake, Caltech and Madison Heights, this residence presents a compelling opportunity for refined urban living in one of Pasadena's most vibrant neighborhoods for the new owner to enjoy for years to come!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 86% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,860 | 1,169 | 98% |
| Lot Size | - | 18,730.801 | 32% |
| Price | $1.07M | $878.0K | 79% |
| Price per sq ft | $578 | $709 | 11% |
| Built year | 1962 | 1988 | 9% |
| HOA | $1850.0 | $623 | 98% |
| Days on market | 27 | 155 | 4% |
May 20, 2026
$1,075,000
Initial Listing
Jul 8, 2021
$985,000
Public Record