883 Magnolia Avenue 16, Pasadena, California 91106, Pasadena, 91106 - 2 bed, 3 bath
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Pasadena, California 91106
This Turnkey Townhouse in Madison Heights is a Strong Value Opportunity, listed at $869,000—positioned well above the $755,755 Fair Market Value by 14%. While the list price exceeds the current estimation, the property maintains a Good Condition Rating with significant capital improvements, including triple-pane windows, new fireproof siding, and updated kitchen appliances. Residents enjoy a quiet, lifestyle-focused environment with a private patio, pool, and spa. This meticulously maintained home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence in a prime Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 883 Magnolia Avenue 16 Subject | $869,000* List Price | 2 | 3 | 1,042 | $725 | - |
A 249 Alpine Street 60 Sold | $828,000 | 2 | 3 | 1,042 | $795 | 0.0 mi |
B 832 Magnolia Avenue 2 Sold | $750,000 | 2 | 3 | 1,238 | $606 | 0.1 mi |
C 786 E California Boulevard 2 Sold | $973,000 | 2 | 3 | 1,384 | $703 | 0.7 mi |
D 249 Alpine Street 41 Active | $949,000 List Price | 2 | 3 | 1,042 | $911 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property is meticulously maintained and move-in ready with significant recent capital improvements. Key updates include new fireproof siding (2019), triple-pane windows, a new water heater, and updated kitchen appliances. Bathrooms have been refreshed with new quartz countertops and fixtures, fitting the 5-15 year renovation window for a 'Good' rating.
Situated in a highly sought-after Pasadena neighborhood, the property offers exceptional walkability and proximity to the Gold Line, Whole Foods, and Old Town shopping and dining.
The home features triple-pane windows, a new water heater, and low-flow fixtures, which significantly enhance utility savings and provide superior sound insulation.
Meticulously maintained with new interior paint, updated kitchen appliances, and a remodeled primary closet, this home is move-in ready for immediate occupancy.
With 1,042 square feet of living space, the interior footprint is relatively modest for a two-bedroom townhouse, which may feel restrictive for some buyers.
The $489 monthly HOA fee represents a significant recurring expense that impacts overall monthly affordability, despite covering earthquake insurance and community amenities.
UNIQUE OPPORTUNITY in Madison Heights! This updated, move in ready home is quiet, meticulously maintained and features trees that shade the home. This townhome, on the quiet inner circle of Windamere, features an abundance of natural sunlight, private patio with greenery, and attached two car garage with laundry. This two bedroom, two and a half bathroom unit is enhanced and tastefully maintained. Boasting triple pane windows that save money on utility bills, new interior paint, new water heater and low flow toilets and showerhead. This unit features updated kitchen appliances including new refrigerator and microwave. The main level offers a living room with gas fireplace, triple pane sliding doors to the patio, dining area, half bathroom, and kitchen with counter seating. The upper level primary bedroom offers views of trees, a newly remodeled oversized closet and 3/4 bathroom with new quartz countertop, new sinks, faucets and mirrors. The newly painted secondary bathroom and bedroom suite completes the upper level. Direct access to the oversized two-car garage, which includes a new energy-saving washer and dryer. Community amenities include a pool and spa, and cover many utilities including earthquake insurance. New fireproof Hardie board siding was completed for the complex in 2019. Close to the Gold Line, Whole Foods, Trader Joe's, several shops and restaurants, Old Town Pasadena, and the Langham Hotel.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,042 | 1,059.5 | 40% |
| Lot Size | 61,657 | 39,328 | 70% |
| Price | $869.0K | $740.0K | 70% |
| Price per sq ft | $834 | $654 | 80% |
| Built year | 1985 | 1985 | 50% |
| HOA | $489.0 | $489 | 50% |
| Days on market | 25 | 109 | 10% |
May 20, 2026
$869,000
Initial Listing
Nov 1, 2016
$609,000
Public Record
Aug 2, 2013
$540,000
Public Record
Jun 10, 2009
$475,000
Public Record
Nov 7, 2003
$380,000
Public Record
Jul 13, 1999
$219,000
Public Record
Sep 2, 1994
$191,000
Public Record