
Pasadena, California 91101
This two-bedroom condominium represents a Strong Value Opportunity, listed at a List Price of $475,000—positioned well below the $503,830 Fair Market Value by 5%. This valuation gap provides $28,830 in Instant Equity. With a Condition Rating of 4, the unit offers a prime canvas for modernization. Residents enjoy a resort-style community with a pool, spa, and fitness room, plus the convenience of two dedicated parking spaces. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking urban walkability in Pasadena.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 355 S Los Robles Avenue 210 Subject | $468,000* List Price | 2 | 1 | 876 | $542 | - |
A 355 S Marengo Avenue 402 Sold | $592,000 | 2 | 2 | 973 | $608 | 0.3 mi |
B 355 S Madison 212 Sold | $442,000 | 1 | 1 | 679 | $651 | 0.2 mi |
C 355 S Madison Avenue 310 Sold | $440,000 | 1 | 1 | 686 | $641 | 0.2 mi |
D 420 S Madison 304 Sold | $565,000 | 1 | 2 | 983 | $575 | 0.2 mi |
E 317 E Del Mar Sold | $578,000 | 2 | 2 | 1,046 | $553 | 0.1 mi |
F 360 S Euclid Avenue 116 Sold | $585,000 | 2 | 3 | 927 | $631 | - |
G 536 S Euclid Avenue 4 Sold | $460,000 | 1 | 1 | 689 | $668 | 0.2 mi |
H 300 N El Molino Avenue 301 Sold | $416,000 | 1 | 1 | 736 | $565 | 0.8 mi |
I 355 S Madison Avenue 122 Active | $380,000 List Price | 1 | 1 | 726 | $523 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old and shows significant dated elements including popcorn ceilings and older wall-mounted HVAC units. While the kitchen has received mid-range updates like stone countertops, the white appliances and cabinetry appear to be 20+ years old, requiring further modernization to meet current market standards.
Situated in the heart of Pasadena, this property offers exceptional walkability to Old Pasadena’s premier shopping, dining, and cultural landmarks, ensuring high demand and convenience.
The association provides a robust amenity package including a large pool, spa, fitness room, and outdoor areas, offering a resort-like lifestyle that adds significant value to the condo.
The inclusion of two dedicated parking spaces for a two-bedroom unit is a major competitive advantage in a high-density urban neighborhood where parking is often restricted.
The single-bathroom configuration for a two-bedroom residence may be a drawback for families or co-living arrangements compared to more modern dual-bath layouts.
Built in 1972, the property and building may require ongoing maintenance or interior modernizations to keep pace with newer developments in the area.
Price Improvement! Experience the best of Pasadena living in this stylish and perfectly positioned two-bedroom condo. This two-bedroom, one-bathroom residence with two parking spaces offers a seamless blend of comfort, size, and urban convenience, right in the vibrant heart of one of Southern California's most iconic cities. This is the ideal opportunity for home ownership with amazing light improvement opportunity you've been waiting for! The interior is bright and welcoming, providing a versatile layout, new carpet, new light fixtures, and other improvements that adapts to your lifestyle. Whether you're setting up a dedicated home office or a cozy retreat to unwind after a busy day, the space with large private balcony is ready to make your own. Well amenitized community offers numerous amenities including a large pool, spa, outdoor areas, fitness room, and other amenities. Step outside and you're instantly connected to the very best of Pasadena. You are moments away from the premier shopping and dining of Old Pasadena, the cultural landmarks and world-renowned schools that put this city on the map, and a wealth of local amenities that make daily errands a breeze. This is more than just a home; it's a gateway to a lifestyle defined by convenience and charm. Don't miss your chance to plant roots in this incredible community & iconic neighborhood.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 6-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 876 | 1,199.529 |
| Lot Size | 78,143 | 34,835.592 |
| Price | $468.0K | $778.0K |
| Price per sq ft | $534 | $641 |
| Built year | 1972 | 1979 |
| HOA | $520.0 | $631 |
| Days on market | 69 | 55 |
Aug 16, 2026
$468,000
$475,000
-1% Price Drop
Initial Listing
Jul 2, 2026
$475,000
Initial Listing
Jan 2, 2007
$388,000
Public Record