
Pasadena, California 91101
This Townhouse-Style Condominium is a Strong Value Opportunity, listed at $699,000—positioned well below the $732,653 Fair Market Value by 4%. This valuation gap offers $33,653 in Instant Equity for the buyer. The property maintains a Good Condition Rating with significant 2024 capital improvements, including a new HVAC and roof. Its prime location near South Lake Avenue offers exceptional walkability, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, low-maintenance residence in Pasadena.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 432 S Oak Knoll Avenue 4 Subject | $699,000* List Price | 2 | 3 | 1,212 | $604 | - |
A 227 S Madison Avenue 304 Sold | $770,000 | 2 | 3 | 1,179 | $653 | 0.3 mi |
B 330 Cordova Street 155 Sold | $861,000 | 2 | 2 | 1,290 | $667 | 0.6 mi |
C 330 Cordova Street 157 Sold | $729,500 | 2 | 2 | 1,111 | $657 | 0.6 mi |
D 317 E Del Mar Sold | $578,000 | 2 | 2 | 1,046 | $553 | 0.5 mi |
E 221 S Oak Knoll Avenue 202 Sold | $650,000 | 2 | 2 | 1,250 | $520 | 0.3 mi |
F 355 S Marengo Avenue 408 Sold | $730,100 | 2 | 2 | 1,222 | $597 | 0.7 mi |
G 507 S Marengo Avenue 4 Sold | $757,000 | 2 | 3 | 1,170 | $647 | 0.7 mi |
H 284 S Madison Sold | $655,000 | 2 | 2 | 1,347 | $486 | 0.3 mi |
I 501 E Del Mar Boulevard 312 Active | $750,000 List Price | 2 | 2 | 1,146 | $654 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1980, the property is exceptionally well-maintained with critical system updates including a new HVAC (2024) and a new roof. The interior features newer luxury vinyl plank flooring and stainless steel appliances. While the kitchen and bathrooms are functional and move-in ready, the tile countertops and cabinet styles suggest a renovation age within the 5-15 year range, meeting the 'Good' criteria.
Situated in the highly desirable South Lake Avenue district, this property offers exceptional walkability to premium retail, dining, Trader Joe’s, and major institutions like Caltech and PCC.
The property features significant recent upgrades including a new HVAC system (2024), a new community roof (2024), and balcony waterproofing, minimizing immediate maintenance costs for the buyer.
The two-story layout with no neighbors above or below, located within an intimate six-unit gated community, provides a level of quiet and privacy rarely found in standard condominium living.
With only one assigned carport space, multi-vehicle households may find the parking arrangement restrictive, despite the availability of a secondary rentable space through the HOA.
The small, intimate scale of the six-unit development means residents do not have access to common lifestyle amenities such as a swimming pool, fitness center, or guest clubhouse.
EXCEPTIONAL PASADENA OPPORTUNITY! Welcome to this beautifully maintained two-story, townhouse-style condominium nestled in an intimate gated six-unit community near Pasadena’s vibrant South Lake Avenue district. Enjoy exceptional privacy with no neighbors above or below. The main level features rich hardwood flooring, a spacious living room with a cozy fireplace, a built-in bar, an open dining area, a convenient powder room, in-unit laundry, and hidden under-stair storage. Upstairs are two private en-suite bedrooms with newer luxury vinyl plank flooring, including a generous primary suite with a dedicated office/study nook and private balcony. Enjoy total peace of mind with major capital improvements already completed: a newer HVAC system (2024), new community roof and upgraded railings (2024), and balcony/walkway maintenance & waterproofing (2026). Additional highlights include assigned carport parking, a separate private storage room, and one additional parking space available for rent through the HOA starting at just $35 per month. Ideally located within walking distance of Trader Joe’s, Pavilions, and the shopping, dining, and cafés of South Lake Avenue. Old Pasadena, Caltech, PCC, The Huntington Library and Gardens, and the 110/210 freeways are all conveniently nearby.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,212 | 1,199.529 |
| Lot Size | 9,164 | 34,835.592 |
| Price | $699.0K | $778.0K |
| Price per sq ft | $577 | $641 |
| Built year | 1980 | 1979 |
| HOA | $375.0 | $631 |
| Days on market | 6 | 55 |
Sep 3, 2026
$699,000
Initial Listing
Mar 29, 2018
$575,500
Public Record
Nov 12, 2003
$315,000
Public Record
Jun 21, 2001
$170,000
Public Record