
Pasadena, California 91105
This Spacious Townhouse represents a Strong Value Opportunity, listed at $995,000—positioned well below the $995,000 Fair Market Value. While the property is currently at market value, its prestigious "Millionaire’s Row" location provides long-term stability. Featuring a Condition Rating of 3, the residence offers a functional layout with hardwood floors and private balconies, though it invites cosmetic modernization to maximize future appreciation. This is an ideal acquisition for Owner-Occupants seeking a luxury address or Value-Add Investors looking to enhance this well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 885 S Orange Grove 2 Subject | $995,000* List Price | 2 | 3 | 2,160 | $461 | - |
A 885 S Orange Grove Active | $995,000 List Price | 2 | 3 | 2,160 | $461 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1973, the property has undergone significant updates within the 5-15 year range, including granite countertops, stainless steel appliances, and hardwood flooring. The kitchen and bathrooms are functional and well-maintained, making it move-in ready, though some elements like the fluorescent light box and mirrored walls remain dated.
Situated on Pasadena’s iconic 'Millionaire’s Row,' the property offers a highly coveted address with immediate proximity to Old Pasadena, the Arroyo Seco, and luxury shopping.
With 2,160 square feet of living space, this residence features a rare semi-private elevator and direct elevator access from an oversized two-car garage, providing a level of convenience typically found in higher-priced luxury homes.
Priced under $1 million in a premier neighborhood, this townhome offers a significant price-per-square-foot advantage, making it an attractive opportunity for buyers looking to build equity through cosmetic updates.
The monthly HOA fee of $1,217 is substantial and may impact the affordability for some buyers or reduce the pool of investors looking for lower carrying costs.
The 1973 construction and marketing description suggest that the interior may require additional investment in upgrades and renovations to meet modern luxury standards.
BEST VALUE ON PASADENA’S PRESTIGIOUS MILLIONAIRE’S ROW! A rare opportunity to own a spacious residence in one of Pasadena’s most coveted locations at an exceptional value. This elegant townhome-style condominium offers generous living spaces, beautiful natural light, privacy, and a serene setting surrounded by mature landscaping. A semi-private elevator entrance and direct elevator access from the oversized two-car garage provide exceptional convenience. The expansive floor plan features large windows and doors, rich hardwood floors, a charming fireplace, spacious living and dining areas, and two private balconies that create an effortless connection to the outdoors. The kitchen offers abundant storage and functionality, complemented by custom built-in cabinetry in the dining area. Generously sized bedrooms provide comfort and flexibility for a variety of lifestyles. Set within a beautifully maintained gated community with mature trees, flowering landscaping, and a picturesque central fountain, the residence feels peaceful and private while remaining close to Old Pasadena, shopping, dining, the Arroyo Seco, and convenient access to Downtown Los Angeles. Move in and enjoy it today, or bring your own vision and thoughtfully enhance the interiors to create a truly personalized dream home. With its prestigious Millionaire’s Row address, exceptional setting, generous space, and compelling price, this is one of Pasadena’s most attractive opportunities. Don’t miss it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,160 | 1,448.316 |
| Lot Size | 159,686 | 30,305.947 |
| Price | $995.0K | $907.9K |
| Price per sq ft | $461 | $648 |
| Built year | 1973 | 1991 |
| HOA | $1217.0 | $463 |
| Days on market | 17 | 44 |
Aug 23, 2026
$995,000
Initial Listing
Jul 31, 2014
$799,000
Public Record