
Pasadena, California 91106
This 3-bedroom townhouse represents a High-Potential Investment Opportunity, listed at $969,000—positioned above the $933,623 Fair Market Value. While the property requires cosmetic modernization to address its Condition Rating of 4, the prime location one block from Caltech and proximity to South Lake Avenue ensure strong rental demand. Featuring underground parking, private patio/deck space, and a spacious split-level layout, this asset offers significant upside for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 469 S Catalina Avenue Subject | $969,000* List Price | 3 | 3 | 1,513 | $601 | - |
A 240 S Mentor 2 Sold | $890,000 | 2 | 3 | 1,485 | $599 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old. While the home appears well-maintained and functional, the interior finishes—specifically the square white bathroom tiling and storage areas—are dated (likely 20+ years old) and require cosmetic updates to meet modern standards.
Situated just one block from Caltech and two blocks from South Lake Avenue's premier shopping and dining, this property offers an exceptional walk score in a highly desirable Pasadena neighborhood.
With 1,513 sq. ft. of living space, this 3-bedroom, 3-bathroom home provides a generous and functional floor plan that is well-suited for families or professionals.
The property features two convenient underground parking spaces and both front and back outdoor areas, offering a level of convenience and private exterior space rarely found in dense urban settings.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $695 is significant and may be a deterrent for budget-conscious buyers or those looking to minimize fixed monthly expenses.
Built in 1973, the property may require interior modernization or system upgrades to meet the aesthetic and efficiency standards of contemporary luxury buyers.
Here is your opportunity for quiet prestige in a fantastic townhouse. This is a large split-level 3-bedroom, 3-bathroom home located just one block from Caltech. If you get any closer you'll be taking classes in the world-class institution. Tucked behind mature greens is approximately 1,513 sq.ft. of living space with TWO parking spaces boasting convenience beyond measure. Greet guests and linger in the comfortable living room. Take the dinner party up a few steps to the dining room served by the spacious kitchen. Keep your laundry tasks behind a closed door. You have outdoor space front and back and convenient to your two spaces in underground common parking. Upstairs are three bedrooms with the primary suite offering luxury surroundings. Two blocks west is world famous South Lake Avenue shopping and restaurants. And you know what that means. Erewhon is at your beck and call. Make the most of this opportunity to live on Catalina Avenue.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,513 | 1,422 |
| Lot Size | 43,821 | 21,892 |
| Price | $969.0K | $920.6K |
| Price per sq ft | $640 | $655 |
| Built year | 1973 | 1984 |
| HOA | $695.0 | $500 |
| Days on market | 35 | 41 |
Jun 17, 2026
$969,000
Initial Listing
Jul 15, 2022
$920,000
Public Record
May 22, 2015
$640,000
Public Record
May 23, 2005
$500,000
Public Record
Jan 26, 1994
$250,000
Public Record