
Pasadena, California 91105
This property presents a Strong Value Opportunity with a List Price of $998,000—positioned well below the $1,067,490 Fair Market Value by 6%. This valuation gap offers $69,490 in Instant Equity for buyers. Featuring a 1,866 sqft dual-suite layout and a private patio, the home maintains a Condition Rating of 5, requiring modernization to reach its full potential. Located on Pasadena’s prestigious "Millionaire's Row," this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 707 S Orange Grove Boulevard A Subject | $998,000* List Price | 2 | 3 | 1,866 | $572 | - |
A 924 S Orange Grove D Sold | $930,000 | 2 | 2 | 1,501 | $620 | 0.3 mi |
B 740 S Orange Grove Boulevard 7 Sold | $1,060,000 | 2 | 2 | 1,724 | $615 | 0.1 mi |
C 335 S Orange Grove Boulevard Active | $1,025,000 List Price | 2 | 2 | 1,681 | $610 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, the property retains what appear to be original or extremely dated kitchen and bathroom fixtures (30-50+ years old), including vintage pink tile and older appliances. The listing explicitly markets the home as a remodel opportunity 'waiting to be reimagined,' and the presence of wall-mounted AC units and bathroom wall heaters indicates outdated HVAC systems.
Situated on the prestigious 'Millionaire's Row' in Pasadena, this unit offers an exclusive lifestyle with front-row seats to the world-famous Rose Parade.
The generous 1,866 sqft floor plan features two full primary suites with walk-in closets, providing a level of space and privacy rarely found in condominium living.
As a front-facing ground-floor residence with a private patio and hardwood floors, the property offers the convenience and feel of a single-family home.
The association fee of $5,067.84 is exceptionally high, which may significantly limit the pool of qualified buyers and impact the overall investment yield.
The property is marketed as a remodel opportunity with a kitchen 'waiting to be reimagined,' indicating that substantial additional capital is required to bring it to modern standards.
Nestled within a private, eight-unit residential community, this exceptional ground-floor residence offers a rare combination of space, serenity, and convenience complete with front-row seats to the world-famous Rose Parade. Framed by manicured gardens and fruit-bearing trees, the front-facing unit features hardwood flooring throughout. The thoughtful floor plan includes an expansive living room centered around a classic fireplace, dining room, and a kitchen waiting to be reimagined. Accommodations include two spacious primary suites, each featuring an abundance of wardrobe space with generous walk-in closets and private en-suite baths. Living options extend seamlessly outdoors to a private front patio. Additional features include a detached garage adding convenience and storage space with a convenient on-site laundry room. This residence provides an unparalleled lifestyle, while also offering an incredible opportunity for investors or buyers looking to remodel and customize to their exact taste. Notably, the homeowner's association fee includes all utilities (excluding telephone and cable).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,866 | 1,147 |
| Lot Size | 32,643 | 32,928.5 |
| Price | $998.0K | $802.4K |
| Price per sq ft | $535 | $651 |
| Built year | 1951 | 1973 |
| HOA | $5067.84 | $620 |
| Days on market | 33 | 51 |
Jun 19, 2026
$998,000
Initial Listing