601 E Del Mar Boulevard 404, Pasadena, California 91101, Pasadena, 91101 - 3 bed, 2 bath
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Pasadena, California 91101
This Spacious Mid-Century Condominium is a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $891,825 Fair Market Value by 10%. This valuation gap offers $92,825 in Instant Equity for buyers. While the property holds a Condition Rating of 4 due to its original 1966 finishes, the rare 1,630 sqft single-level layout and San Gabriel mountain views provide a strong foundation for appreciation. Located in a premier Pasadena hub near Caltech and South Lake, this is an ideal acquisition for Owner-Occupants or first-time buyers looking to build wealth through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 E Del Mar Boulevard 404 Subject | $799,000* List Price | 3 | 2 | 1,630 | $547 | - |
A 372 S Marengo Avenue 108 Sold | $940,300 | 3 | 3 | 1,531 | $614 | 0.4 mi |
B 80 N Euclid Avenue 102 Sold | $965,000 | 2 | 2 | 1,585 | $609 | 0.5 mi |
C 515 S Madison Avenue 2 Sold | $855,000 | 2 | 3 | 1,373 | $623 | 0.3 mi |
D 478 S Madison Avenue 2 Active Under Contract | $859,000 List Price | 3 | 3 | 1,535 | $560 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1966 mid-century condo that is functional but significantly outdated. The kitchen features older cabinetry, laminate countertops, and dated appliances, while the bathrooms retain vintage vanity lighting and fixtures. The presence of popcorn ceilings, older carpeting, and original-style finishes indicates the home has not undergone a major renovation in several decades, aligning with the listing's suggestion to 'bring your own style.'
Situated in a highly desirable Pasadena neighborhood, the property is within walking distance to South Lake, Caltech, the Playhouse District, and the Metro Gold Line, offering exceptional urban convenience.
Offering a rare 1,630 square feet of single-level living space, this three-bedroom unit provides a generous and accessible layout that is difficult to find in the local condominium market.
The unit features classic mid-century elements including floor-to-ceiling windows, a stylish masonry fireplace, and scenic mountain views from the quiet back side of the building.
The property is presented as an opportunity to 'bring your own style,' indicating that buyers will likely need to invest additional capital to modernize the kitchen, bathrooms, and finishes.
At over $620 per month, the HOA dues represent a significant recurring expense that may impact the overall affordability and monthly carrying costs for prospective owners.
This is a rare opportunity to own one of the spacious single level 3 BR units in the desirable Regency Del Mar Complex. This Mid-Century property is in a great central Pasadena location. It is on the back side of the building which provides lovely mountain views. Outstanding features include great natural light throughout, a spacious living room with a stylish masonry fireplace, floor to ceiling windows, direct balcony access and is adjacent to the galley kitchen just off the dining area. The primary bedroom is quite generous in size and also has direct access to the balcony. There is a big bathroom off the central hall with a separate shower and tub. There are two additional bedrooms, both quite large and one with it's own nice bathroom with a shower. There is an abundance of closet space throughout as well. It is hard to find this amount of single level living space in such a fantastic location. This is a unique complex in Pasadena and is close to South Lake, Caltech, the Playhouse District, the Paseo, Old Town and the Metro Gold Line. Bring your own sense of style ideas to this home and enjoy living in a fantastic location in the great city of Pasadena!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 86% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,630 | 1,165 | 89% |
| Lot Size | 23,658 | 21,557 | 61% |
| Price | $799.0K | $888.5K | 41% |
| Price per sq ft | $490 | $711 | 5% |
| Built year | 1966 | 1998 | 9% |
| HOA | $620.19 | $624 | 50% |
| Days on market | 7 | 182 | 4% |
Apr 15, 2026
$799,000
Initial Listing