420 S Madison 213, Pasadena, California 91101, Pasadena, 91101 - 1 bed, 2 bath
Loading property details...
Pasadena, California 91101
This Spacious One-Bedroom Condo is a Strong Value Opportunity, listed at $598,000—positioned well below the $579,863 Fair Market Value by -3%. While the list price reflects a premium, the unit offers a Good Condition Rating with significant interior upgrades, including a remodeled kitchen and custom built-ins. Its prime location near Caltech and the South Lake district ensures high rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence in a vibrant, walkable Pasadena neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S Madison 213 Subject | $598,000* List Price | 1 | 2 | 983 | $592 | - |
A 420 S Madison 304 Sold | $565,000 | 1 | 2 | 983 | $575 | 0.0 mi |
B 317 E Del Mar Sold | $578,000 | 2 | 2 | 1,046 | $553 | 0.4 mi |
C 360 S Euclid Avenue 116 Sold | $585,000 | 2 | 3 | 927 | $631 | 0.3 mi |
D 300 N El Molino Avenue 118 Sold | $645,000 | 2 | 2 | 982 | $657 | 0.8 mi |
E 284 S Madison Sold | $655,000 | 2 | 2 | 1,347 | $486 | 0.2 mi |
F 277 Pleasant Street 102 Sold | $700,000 | 2 | 2 | 1,108 | $632 | 0.4 mi |
G 395 S Oakland Avenue 104 Sold | $750,000 | 2 | 2 | 1,213 | $618 | 0.1 mi |
H 507 S Marengo Avenue 4 Sold | $757,000 | 2 | 3 | 1,170 | $647 | 0.5 mi |
I 497 S El Molino Avenue 205 Active | $558,000 List Price | 2 | 2 | 969 | $576 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1970, the unit has undergone significant updates that place it in the 'Good' category. The kitchen features newer ash cabinetry, updated appliances, and a contemporary subway tile backsplash. Bathrooms have been modernized with newer vanities and marble-style flooring. The interior is well-maintained and move-in ready, consistent with a 5-15 year renovation cycle.
The property is ideally situated within walking distance of Caltech, the South Lake shopping and dining district, and the Playhouse District, offering high desirability for urban professionals and students.
At 983 square feet, this unit is exceptionally large for a one-bedroom condo and features a rare 1.5-bathroom configuration, providing added convenience for guests and entertaining.
The interior boasts significant upgrades including a remodeled kitchen with Ash cabinetry, newer appliances, plantation shutters, and custom built-in bookshelves, reducing immediate post-purchase costs.
The lack of in-unit laundry hookups requires the use of a community laundry room, which is often a significant deterrent for modern buyers in this price segment.
Built in 1970, the complex may lack the contemporary aesthetic of newer builds, and the unit lacks a scenic view, which can impact long-term appreciation compared to premium-view units.
Bright, Updated, and Perfectly Located! Welcome to this move-in-ready 1-bedroom, 1.5-bathroom condo offering the perfect blend of comfort and convenience. Interior Highlights: Living Space: Light and airy living room with a dedicated dining area, elegant plantation shutters, and custom-built-in bookshelves. Kitchen: Updated with newer Ash cabinets, newer appliances, laminate flooring, and generous storage. Primary Suite: Generously sized bedroom featuring an abundance of closet space and updated bathrooms. Outdoor Space: South-facing balcony perfect for enjoying excellent natural light. Complex Amenities: Well-maintained grounds featuring lush trees and green spaces. Gated community pool and spa. On-site community laundry. One assigned parking space in a subterranean, gated garage. Prime Location: Conveniently located near Caltech, the South Lake shopping and dining district, The Paseo, and the vibrant Playhouse District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 983 | 1,147 |
| Lot Size | 50,079 | 32,928.5 |
| Price | $598.0K | $802.4K |
| Price per sq ft | $608 | $651 |
| Built year | 1970 | 1973 |
| HOA | $470.0 | $620 |
| Days on market | 34 | 51 |
Jun 18, 2026
$598,000
Initial Listing
Feb 6, 2018
$465,000
Public Record