586 N Orange Grove, Pasadena, California 91103, Pasadena, 91103 - 2 bed, 2 bath
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586 N Orange Grove
Pasadena, California 91103
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
2Baths
961Sq Ft
167,512Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$519,933
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned above the $518,453 Fair Market Value by 6%. While the unit requires a full interior rehab due to its Condition Rating of 5, the location in the prestigious Orange Grove Village II offers significant long-term upside. Featuring resort-style amenities like a pool, spa, and tennis court, this Value-Add Asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to restore this townhouse to its full potential.
Estimated Market Value
$519,933
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 |
|---|---|---|---|---|---|---|
★ 586 N Orange Grove Subject | $550,000* List Price | 2 | 2 | 961 | $541 | - |
A 847 N Raymond Avenue 9a Active | $525,000 List Price | 2 | 3 | 997 | $527 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1977 with no visible updates to major systems or interiors. The kitchen and bathrooms feature original 1970s cabinetry, countertops, and fixtures. The unit is currently in a state of mid-repair or neglect, with flooring completely removed to the subfloor and missing cabinet doors, requiring a full interior rehab to be livable.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly sought-after Orange Grove Village II, the property offers unparalleled proximity to Old Town Pasadena, the Rose Bowl, and major cultural landmarks.
- Resort-Style Amenities
The community features premium amenities including a regulation-size tennis court, a sparkling pool, and a spa, providing a high-quality lifestyle within a lushly landscaped environment.
- Competitive Entry-Level Pricing
At a list price of $550,000 for a 2-bedroom residence in a prestigious Pasadena zip code, this property represents an excellent value for first-time buyers or investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =167512, other record lot size in square feet = 167427.
- High Monthly HOA Fees
The association fee of $690 per month is relatively high for a unit under 1,000 square feet, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Compact Living Space
With only 961 square feet distributed over two stories, the interior living area and bedroom sizes are relatively small, which may feel restrictive for those requiring more storage or spacious common areas.
About 586 N Orange Grove
LOCATION, LOCATION, LOCATION! Welcome to 586 N Orange Grove Blvd, a charming 2-bedroom, 2-bathroom townhouse-style condominium offering 961 square feet of living space in Pasadena's highly sought-after Orange Grove Village II community. Nestled within the quaint Orange Court enclave, this two-story home is surrounded by beautifully maintained grounds with lush landscaping and winding pathways leading to resort-style amenities, including a regulation-size tennis court, sparkling pool, and relaxing spa. Enjoy an unbeatable Pasadena lifestyle just moments from Old Town Pasadena, the iconic Rose Bowl, the historic Gamble House, Kidspace Children's Museum, the Aquatic Center, premier shopping, dining, and year-round entertainment. Outdoor enthusiasts will love the nearby 3-mile Rose Bowl loop, while those seeking culture and convenience will appreciate easy access to Pasadena's renowned restaurants, boutiques, and local attractions. Celebrate Pasadena traditions with a short stroll to Rose Bowl events and the world-famous Rose Parade. Whether you're looking for a primary residence, weekend retreat, or investment opportunity, this home offers exceptional value in one of Pasadena's most desirable locations.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 167,512 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $690.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 961 | 1,199.529 |
| Lot Size | 167,512 | 34,835.592 |
| Price | $550.0K | $778.0K |
| Price per sq ft | $572 | $641 |
| Built year | 1977 | 1979 |
| HOA | $690.0 | $631 |
| Days on market | 86 | 55 |
Pricing History
Listed for Sale
Jun 15, 2026
$550,000
Initial Listing