537 S Euclid Avenue 2, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 1 bath
Loading property details...
537 S Euclid Avenue 2
Pasadena, California 91101
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
806Sq Ft
10,237Lot Size
Property Price
LIST PRICE$524,000
EST. MARKET VALUE
$498,324
5% AboveMARKET VALUE
SUMMARY
This 2-bedroom condominium in Madison Heights presents a Strong Value Opportunity, listed at a List Price of $524,000—positioned well above the $498,325 Fair Market Value by 5%. While the property requires modernization, its Fair Condition Rating and Private Front Patio offer a unique canvas for value-add improvements. Located in a prestigious Pasadena neighborhood, this asset provides a stable foundation for those looking to personalize a home in a prime location. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into a high-demand community.
Estimated Market Value
$498,324
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 537 S Euclid Avenue 2 Subject | $524,000* List Price | 2 | 1 | 806 | $618 | - |
A 283 S Hudson 2 Sold | $600,000 | 2 | 1 | 755 | $795 | 0.6 mi |
B 355 S Marengo Avenue 402 Sold | $592,000 | 2 | 2 | 973 | $608 | 0.3 mi |
C 360 S Euclid Avenue 116 Sold | $585,000 | 2 | 3 | 927 | $631 | 0.2 mi |
D 355 S Madison Avenue 310 Sold | $440,000 | 1 | 1 | 686 | $641 | 0.3 mi |
E 355 S Madison 212 Sold | $442,000 | 1 | 1 | 679 | $651 | 0.3 mi |
F 317 E Del Mar Sold | $578,000 | 2 | 2 | 1,046 | $553 | 0.3 mi |
G 355 S Los Robles Avenue 210 Active | $468,000 List Price | 2 | 1 | 876 | $534 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1961, this property is well-maintained but largely retains its original character. While it features newer hardwood flooring and a recently replaced oven, the bathroom and kitchen fixtures appear dated (likely >20 years old), and the listing explicitly describes it as a 'canvas to update,' fitting the criteria for a home needing modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Madison Heights Location
Situated in one of Pasadena's most prestigious neighborhoods, this home offers exceptional proximity to South Lake Avenue shopping, Caltech, and Huntington Hospital.
- Intimate Low-Density Living
Being part of a small six-unit complex ensures a quieter, more private residential atmosphere compared to larger, high-density condominium buildings.
- Private Outdoor Space
The inclusion of a private front patio provides a rare dedicated outdoor area for a unit of this size, enhancing the overall living experience.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Access
The single-bathroom configuration for a two-bedroom unit may present logistical challenges for multi-occupant households or guests.
- Shared Laundry Facilities
The lack of in-unit laundry hookups requires the use of community facilities, which is a common drawback for buyers prioritizing modern convenience.
About 537 S Euclid Avenue 2
Located in the heart of Pasadena's highly desirable Madison Heights neighborhood, this charming 2-bedroom, 1-bath condominium offers an exceptional opportunity to own in one of the city's most sought-after communities. Situated within an intimate six-unit complex, this well-maintained home retains its classic 1961 character while offering the perfect canvas to update and make it your own.The comfortable floor plan features a welcoming living room that opens to the dining area just off the kitchen. The kitchen has a newly installed oven and plenty of cabinet space. The two bedrooms share a full bathroom, and both offer ample closet space.Additional amenities include a private front patio, assigned parking, extra storage, and convenient community laundry. With low-density living in a beautifully established neighborhood, this home is ideally located just moments from South Lake Avenue's popular shops and restaurants, Old Pasadena, Caltech, Huntington Hospital, and convenient freeway access. Whether you're a first-time buyer, downsizing, or looking for an opportunity to personalize a home in an exceptional location, this Madison Heights gem is not to be missed.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1961
- Lot Size
- 10,237 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $340.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 806 | 1,199.529 |
| Lot Size | 10,237 | 34,835.592 |
| Price | $524.0K | $778.0K |
| Price per sq ft | $650 | $641 |
| Built year | 1961 | 1979 |
| HOA | $340.0 | $631 |
| Days on market | 19 | 55 |
Pricing History
Listed for Sale
Aug 21, 2026
$524,000
Initial Listing