718 N Raymond Avenue 6, Pasadena, California 91103, Pasadena, 91103 - 4 bed, 3 bath
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718 N Raymond Avenue 6
Pasadena, California 91103
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,549Sq Ft
17,652Lot Size
Property Price
LIST PRICE$849,500
EST. MARKET VALUE
$913,236
6% BelowMARKET VALUE
SUMMARY
This Turnkey Multi-Level Condominium is a Strong Value Opportunity, listed at $849,500—positioned well below the $913,236 Fair Market Value by 6%. This valuation gap offers $63,736 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a 2024 roof and 2023 HVAC upgrades, the home offers a versatile 4-bedroom layout and low HOA dues. Its proximity to Old Town Pasadena makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, high-utility residence.
Estimated Market Value
$913,236+$63,736 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 718 N Raymond Avenue 6 Subject | $849,500* List Price | 4 | 3 | 1,549 | $590 | - |
A 1054 Seco Street 205 Sold | $720,000 | 2 | 3 | 1,121 | $642 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features extensive recent renovations and system upgrades within the last 1-2 years, including a new roof (2024), new dual HVAC units (2023), and a new water heater (2023). The kitchen and bathrooms have been fully updated with modern cabinetry, stone counters, and stainless steel appliances, placing it in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Upgrades
The property features significant recent capital improvements, including a new roof (2024), dual HVAC system (2023), and water heater (2023), providing the buyer with peace of mind and reduced immediate maintenance costs.
- Versatile 4-Bedroom Layout
Rare for a condominium, the four-bedroom and three-bathroom configuration offers exceptional flexibility for large families, multiple home offices, or creative studios within a functional multi-level floorplan.
- Low Carrying Costs
The monthly HOA dues of $336 are remarkably low for the Pasadena market, especially as they include water and exterior insurance, enhancing the overall affordability and investment value.
CONSRISKS & DEFICIENCIES
- Parking Limitations
With only two carport spaces provided for a four-bedroom residence, parking may be insufficient for larger households with multiple drivers or for hosting guests.
- Multi-Level Accessibility
The multi-level design and 1979 construction may pose challenges for buyers seeking a modern open-concept layout or those with mobility concerns who prefer single-level living.
About 718 N Raymond Avenue 6
Situated in the heart of Pasadena, this 1,549-square-foot multi-level condo offers several recent updates with an exceptionally functional floorplan. The first floor opens to an inviting living space, convenient laundry area and 2 well-appointed bedrooms. This level also features crisp recessed lighting, newer laminate flooring, crown molding, and customized window shutters. The updated kitchen upstairs comes equipped with stainless steel appliances and an integrated Reverse Osmosis drinking water system. Soaring vaulted ceilings elevate the space and welcome you to a truly unique space for entertaining. The home is kept cool by a dual HVAC system with Nest smart climate controls for tailored temperature management across both floors. The interior layout offers 4 dedicated bedrooms, and 3 full bathrooms delivering unmatched flexibility for home offices, creative studios, or guest accommodation. Extensive system upgrades provide peace of mind, including a newer roof (installed February 2024), a newer water heater (installed May 2023), and dual climate units added in 2023. Additional conveniences include two covered carport spaces, low monthly HOA dues covering water and exterior insurance, and immediate proximity to Old Town Pasadena shopping, dining, and regional transport. You will not find a more well-appointed and updated home in Pasadena for the price! Schedule a tour today to see for yourself!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 17,652 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $336.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,549 | 1,199.529 |
| Lot Size | 17,652 | 34,835.592 |
| Price | $849.5K | $778.0K |
| Price per sq ft | $548 | $641 |
| Built year | 1979 | 1979 |
| HOA | $336.0 | $631 |
| Days on market | 26 | 55 |
Pricing History
Listed for Sale
Aug 14, 2026
$849,500
Initial Listing
Sold
Oct 14, 2021
$750,000
Public Record
Sold
Feb 12, 2013
$270,000
Public Record
Sold
Apr 10, 2002
$134,000
Public Record
Sold
Sep 5, 2001
$109,570
Public Record
Sold
Feb 27, 1996
$109,000
Public Record
Sold
Jun 23, 1995
$70,000
Public Record