
Pasadena, California 91106
This Turnkey Condominium represents a Strong Value Opportunity, listed at $629,000—positioned above the $579,643 Fair Market Value. While the property is priced slightly above market, its Condition Rating of 3 ensures a move-in ready experience with modern updates and a private deck. Located in the Pasadena Unified district, this residence offers a low-maintenance lifestyle near Old Town Pasadena. It is an ideal acquisition for first-time buyers or downsizers seeking a stable, well-maintained home in a highly desirable, amenity-rich neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 837 Magnolia Avenue 11 Subject | $629,000* List Price | 2 | 1 | 958 | $612 | - |
A 972 E California Boulevard 306 Sold | $660,000 | 2 | 2 | 1,104 | $598 | 0.9 mi |
B 972 E California Boulevard 309 Sold | $680,000 | 2 | 2 | 1,114 | $610 | 0.9 mi |
C 985 E California Boulevard 305 Sold | $715,500 | 2 | 2 | 1,199 | $597 | 0.9 mi |
D 972 E California Boulevard 201 Sold | $640,000 | 2 | 2 | 1,107 | $578 | 0.9 mi |
E 972 E California Active | $679,000 List Price | 2 | 2 | 1,011 | $672 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1966, the property is well-maintained and move-in ready with recent interior updates. The bathroom features modern subway tiling and updated fixtures, and the kitchen appears refreshed. While some original elements like the louvered windows remain, the overall condition reflects a renovation within the 5-15 year range.
Situated in a highly desirable neighborhood near Old Town Pasadena and South Lake Avenue, offering convenient access to premier shopping, dining, and major freeways.
Priced competitively for a two-bedroom unit in the 91106 zip code, the property features a low monthly HOA fee of $370, enhancing long-term affordability for owners.
The condo is professionally staged and move-in ready with thoughtful updates, providing an ideal opportunity for buyers seeking a stylish home without the need for immediate renovations.
The property was recently sold within the past year on 2025-08-18. The sold price is $490,000.00.
With only one bathroom serving two bedrooms, the layout may be a drawback for roommates or small families compared to more modern two-bath configurations.
Constructed in 1966, the property may lack contemporary amenities such as central air conditioning or modern energy-efficient systems found in newer developments.
Beautifully staged, thoughtfully updated, and move-in ready, this charming Pasadena condo offers an exceptional opportunity to enjoy stylish, low-maintenance living in the highly desirable Madison Heights area. Filled with natural light, the home features a bright and functional floor plan with inviting living and dining spaces, well-proportioned bedrooms, and a refreshed kitchen appointed with brand-new cabinetry and sleek quartz countertops that bring a clean, modern feel to the home. Ideal for first-time buyers, downsizers, or investors, this residence combines comfort, convenience, and value in a prime Pasadena location near South Lake Avenue shopping and dining, Old Town Pasadena, parks, and easy freeway access. With attractive updates, a welcoming interior, and low HOA dues, 837 Magnolia presents a rare chance to own a polished and affordable home in one of Pasadena’s most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 958 | 1,181 | 28% |
| Lot Size | 20,236 | 17,451 | 51% |
| Price | $629.0K | $680.0K | 28% |
| Price per sq ft | $657 | $610 | 69% |
| Built year | 1966 | 1973 | 26% |
| HOA | $370.0 | $530 | 15% |
| Days on market | 73 | 162 | 8% |
May 11, 2026
$629,000
$650,000
-3% Price Drop
Initial Listing
Apr 4, 2026
$650,000
Initial Listing
Aug 18, 2025
$490,000
Public Record
Nov 26, 2019
$549,000
Public Record
Sep 29, 2004
$390,000
Public Record
May 31, 2000
$155,000
Public Record
Jul 1, 1999
$130,000
Public Record
Jun 30, 1995
$127,000
Public Record