485 S Madison Avenue 7, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 2 bath
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Pasadena, California 91101
This Spacious Single-Level Condominium is a Strong Value Opportunity, listed at $649,000—positioned well below the $713,285 Fair Market Value by 9%. This valuation gap offers $64,285 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring Quartz Countertops, Wood Floors, and a Private Terrace. Located in the prestigious Madison Heights neighborhood, this move-in ready residence is an ideal acquisition for Owner-Occupants seeking lifestyle convenience or first-time buyers prioritizing walkability to Caltech and the South Lake District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 485 S Madison Avenue 7 Subject | $632,000 | 2 | 2 | 1,229 | $580 | - |
A 420 S Madison 304 Sold | $565,000 | 1 | 2 | 983 | $575 | 0.1 mi |
B 501 E Del Mar Boulevard 206 Sold | $760,000 | 2 | 2 | 1,162 | $654 | 0.2 mi |
C 360 S Euclid Avenue 124 Sold | $548,000 | 2 | 2 | 951 | $576 | 0.2 mi |
D 330 Cordova Street 268 Sold | $830,000 | 2 | 2 | 1,407 | $590 | 0.4 mi |
E 360 S Euclid Avenue S 219 Sold | $500,000 | 2 | 2 | 1,040 | $481 | 0.2 mi |
F 300 N El Molino Avenue 118 Sold | $645,000 | 2 | 2 | 982 | $657 | 0.9 mi |
G 385 S Oakland Avenue 104 Active | $699,000 List Price | 2 | 2 | 1,209 | $578 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property is well-maintained and move-in ready with significant updates including a newer HVAC system, vinyl windows, and quartz countertops. The interior features updated wood flooring and modern finishes that align with a 5-15 year renovation cycle.
Situated in the prestigious Madison Heights neighborhood, this property offers exceptional walkability to the South Lake District, Caltech, and the Metro Gold Line.
As a single-level end unit with a private staircase entry, the home provides enhanced privacy, superior natural light, and a seamless indoor-outdoor flow via a private terrace.
The residence is move-in ready with high-quality finishes including quartz countertops, wood flooring, vinyl windows, and a recently updated HVAC system.
The property does not offer any significant scenic or city views, which may limit its appeal to buyers prioritizing a visual backdrop.
Constructed in 1962, the small 7-unit complex may lack the extensive modern amenities and architectural styling found in newer luxury developments.
Located in Pasadena's highly desirable Madison Heights neighborhood, this spacious single-level condominium is one of just seven residences in a beautifully maintained 1962 complex. A private staircase entry leads to a bright and airy living room with direct access to a private terrace, creating an inviting indoor-outdoor flow.The home features wood floors, vinyl windows, and an open living and dining area with sliding glass doors that open to a covered patio--perfect for relaxing or entertaining. Offering 1,229 square feet of living space, the layout includes two bedrooms and two bathrooms, thoughtfully designed for comfort and functionality.Additional highlights include quartz countertops, in-unit laundry, and a newer HVAC system. This end unit also benefits from added privacy and natural light.Ideally situated, this well-maintained property is within easy walking distance of the South Lake District, Caltech, the Paseo, and the Metro Gold Line. Enjoy close proximity to Lake Avenue's shops and restaurants, Old Town Pasadena, and convenient access to major freeways and public transportation.Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,229 | 1,169 | 61% |
| Lot Size | - | 18,730.801 | 32% |
| Price | $632.0K | $869.5K | 21% |
| Price per sq ft | $514 | $709 | 7% |
| Built year | 1962 | 1988 | 9% |
| HOA | $426.2 | $619 | 13% |
| Days on market | 32 | 153 | 5% |
May 12, 2026
$649,000
Initial Listing
Jul 24, 2015
$430,000
Public Record
Aug 7, 1997
$110,000
Public Record