87 S Allen Avenue 205, Pasadena, California 91106, Pasadena, 91106 - 2 bed, 2 bath
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Pasadena, California 91106
This 2-bedroom, 2-bathroom condominium represents a Strong Value Opportunity, listed at $675,000—positioned well above the $640,607 Fair Market Value by 5%. While the property requires modernization, its Condition Rating of 4 reflects a functional, move-in ready state with a highly desirable split-bedroom layout. Located near Caltech and the Huntington Library, this asset offers significant lifestyle appeal. Despite the higher HOA fees, the unit’s prime location and top-floor balcony views make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 87 S Allen Avenue 205 Subject | $675,000* List Price | 2 | 2 | 1,030 | $622 | - |
A 235 S Holliston Avenue 211 Sold | $720,000 | 2 | 2 | 1,104 | $652 | 0.6 mi |
B 235 S Holliston Avenue 217 Sold | $749,000 | 2 | 2 | 1,275 | $587 | 0.6 mi |
C 64 N Mar Vista Avenue 231 Sold | $562,900 | 2 | 2 | 890 | $632 | 0.8 mi |
D 64 N Mar Vista 213 Sold | $575,000 | 2 | 2 | 890 | $646 | 0.8 mi |
E 154 N Meridith Avenue 8 Sold | $750,000 | 2 | 3 | 1,153 | $650 | 0.3 mi |
F 64 N Mar Vista Active | $570,000 List Price | 2 | 2 | 890 | $640 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is over 30 years old and shows signs of partial cosmetic updates rather than a full renovation. While the flooring and backsplash appear newer, the kitchen features dated white appliances and older cabinetry. It is functional and move-in ready but requires modernization of systems and fixtures to meet current 'Good' or 'Excellent' standards.
Situated near Caltech, PCC, and the Huntington Library, this property offers exceptional access to top-tier educational and cultural institutions in a highly walkable area.
The top-floor, south-facing unit features a split-bedroom floor plan that maximizes natural light and provides excellent privacy for residents or roommates.
The inclusion of in-unit laundry and two assigned parking spaces provides significant functional value and convenience in a high-demand urban market.
The monthly HOA fee of $799 is relatively high for this price point, which may impact overall affordability and debt-to-income ratios for buyers.
Built in 1987, the property may require cosmetic updates or face higher long-term maintenance costs compared to newer condominium developments in the area.
Located in the heart of the city, this bright top-floor 2-bedroom, 2-bathroom condo offers a thoughtful layout and an unbeatable location. The south-facing home is filled with natural light throughout the day, while the smart floor plan places each bedroom and bathroom on opposite sides of the living area, ideal for privacy and flexible living. Additional highlights include in-unit laundry and two assigned parking spaces, a valuable convenience in this sought-after area.Situated near the Huntington Library and Gardens, Pasadena City College, and California Institute of Technology, and just moments from the Rose Parade route, this home offers exceptional access to culture, education, and iconic Pasadena events. A rare opportunity to enjoy top-floor living in one of the city's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,030 | 1,181 | 31% |
| Lot Size | - | 15,629 | 43% |
| Price | $675.0K | $690.0K | 46% |
| Price per sq ft | $655 | $610 | 71% |
| Built year | 1987 | 1973 | 80% |
| HOA | $799.0 | $530 | 86% |
| Days on market | 22 | 169 | 3% |
May 15, 2026
$675,000
Initial Listing
Oct 5, 2018
$529,000
Public Record
Mar 30, 2006
$462,000
Public Record
May 25, 2005
$407,000
Public Record