709 E Walnut Street 420, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 2 bath

709 E Walnut Street 420, Pasadena, California 91101 home-pic-0
ACTIVE$1,188,000$1,006/sqft
709 E Walnut Street 420, Pasadena, California 91101
2Beds
2Baths
1,006Sqft
41,608Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & High-End Finishes: Being a brand new 2023 build, the unit offers modern aesthetics, cutting-edge design, and premium materials, ensuring minimal immediate maintenance and contemporary appeal.
Top Cons:
Substantial Monthly Association Fees: The association fee of $716.55 per month is considerably high, adding a significant recurring cost to homeownership that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$1.19M vs avg $820.0K (+$368,000)77%
Size:1,006 sqft vs avg 1,126 sqft38%
Price/sqft:$1.2K vs avg $75297%

More Insights

Built in 2023 (3 years old).
Condition: This property is a brand new condominium built in 2023, explicitly stated as 'for sale for the first time.' The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with new stainless steel appliances, sleek cabinetry, and quartz countertops. Bathrooms are equally modern with dual sinks, updated vanities, and clean finishes. Flooring consists of new wood-look laminate and fresh carpet. All systems and finishes are new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria for a newly built property.
Year Built
2023
Close
-
List price
$1.19M
Original List price
$1.3M
Price/Sqft
$1,181
HOA
$716.55
Days on market
-
Sold On
-
MLS number
AR25276504
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
ViewCity Lights,Panoramic

About this home

MW Lofts Pasadena represents the pinnacle of modern urban living in one of Southern California’s most desirable locations. For sale for the first time, this brand new condominium project features 115 units. Unit 420 is a 2 bedroom, 2 bathroom floor plan, spanning 1,006 SF. The spacious kitchen comes with tons of countertop space, and opens into a great room with an abundance of sunlight. Huge floor-to-ceiling windows lead to an oversized balcony. The primary bedroom is en-suite with dual sinks and bathtub, and laundry is included and in-room. Window shades are included. 2 parking spots included. Each bedroom also has its own balcony. This sophisticated condominium combines cutting-edge design with refined elegance, offering spacious, open-concept floor plans, high-end finishes, and panoramic views of the surrounding city and mountains. Each residence artfully crafted with premium materials and expansive windows that flood the interiors with natural light. Residents of MW Lofts enjoy exclusive amenities, including controlled access, a state of the art fitness center, private rooftop lounge, and terrace, all in close proximity to Pasadena’s finest dining, shopping, and cultural landmarks.

Y
Ye Han Brazell
Listing Agent
Condition Rating
Excellent

This property is a brand new condominium built in 2023, explicitly stated as 'for sale for the first time.' The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with new stainless steel appliances, sleek cabinetry, and quartz countertops. Bathrooms are equally modern with dual sinks, updated vanities, and clean finishes. Flooring consists of new wood-look laminate and fresh carpet. All systems and finishes are new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria for a newly built property.
Pros & Cons

Pros

New Construction & High-End Finishes: Being a brand new 2023 build, the unit offers modern aesthetics, cutting-edge design, and premium materials, ensuring minimal immediate maintenance and contemporary appeal.
Exceptional Amenities & Security: Residents benefit from exclusive building amenities including a state-of-the-art fitness center, private rooftop lounge, and terrace, all within a controlled access environment, enhancing lifestyle and security.
Prime Pasadena Location: Situated in one of Southern California's most desirable areas, the property provides unparalleled access to Pasadena's finest dining, shopping, and cultural landmarks, offering a vibrant urban living experience.
Panoramic Views & Abundant Natural Light: The unit boasts panoramic city and mountain views, complemented by huge floor-to-ceiling and expansive windows that flood the interiors with natural light, creating a bright and inviting atmosphere.
Generous Outdoor Space & Parking: Featuring an oversized main balcony and individual balconies for each bedroom, along with two included parking spots, the property offers valuable private outdoor retreats and essential urban convenience.

Cons

Substantial Monthly Association Fees: The association fee of $716.55 per month is considerably high, adding a significant recurring cost to homeownership that potential buyers must factor into their budget.
Recent Price Reduction: A notable price reduction from the original list price suggests potential market resistance or an initial overvaluation, which could impact perceived value or future appreciation.
Compact Living Space for Price: At 1,006 square feet for a 2-bedroom, 2-bathroom unit, the living space might be considered modest by some buyers, especially given the luxury price point in the Pasadena market.
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