
Pasadena, California 91101
This versatile Strong Value Opportunity is listed at $848,000, positioned well below the $896,854 Fair Market Value by 5%. This valuation gap offers $48,854 in Instant Equity for the buyer. Featuring a Good Condition Rating, this ground-floor unit includes Viking Professional Series appliances and marble baths. Its unique work/live layout in the South Lake Ave District provides high-visibility potential for Buy-and-Hold Investors or Owner-Occupants seeking a luxury, full-service lifestyle with resort-style amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 Granite 104 Subject | $848,000* List Price | 0 | 2 | 1,550 | $579 | - |
A 840 E Green Street 217 Sold | $1,025,000 | 2 | 2 | 1,485 | $690 | 0.5 mi |
B 507 S Marengo Avenue 4 Sold | $757,000 | 2 | 3 | 1,170 | $647 | 0.9 mi |
C 478 S Madison Avenue 2 Sold | $878,000 | 3 | 3 | 1,535 | $572 | 0.4 mi |
D 515 S Madison Avenue 2 Sold | $855,000 | 2 | 3 | 1,373 | $623 | 0.4 mi |
E 284 S Madison Avenue 401 Sold | $1,075,000 | 3 | 3 | 1,860 | $578 | 0.5 mi |
F 601 E Del Mar Boulevard 404 Sold | $820,000 | 3 | 2 | 1,630 | $503 | 0.5 mi |
G 395 S Oakland Avenue 104 Sold | $750,000 | 2 | 2 | 1,213 | $618 | 0.5 mi |
H 485 S Madison Avenue 7 Sold | $632,000 | 2 | 2 | 1,229 | $514 | 0.4 mi |
I 920 Granite Drive Active | $1,080,000 List Price | 2 | 2 | 1,770 | $610 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, this 17-year-old property falls within the 10-20 year range for 'Good' condition. The unit features high-end Viking appliances, quartz countertops, and marble baths that appear well-maintained and move-in ready, consistent with a luxury full-service building.
The ground-floor location with San Pasqual frontage and a studio layout makes it an ideal space for professional offices, artist studios, or service-oriented businesses seeking high visibility.
Located in Granite Park Place, the property offers premium building services including a 24-hour concierge, valet parking, a fitness center, and a resort-style pool and spa.
The unit features top-tier amenities such as Viking Professional Series appliances, Kahrs hardwood flooring, and marble baths, providing a sophisticated environment for both living and working.
The monthly HOA fee of over $1,631 is significantly high, which may impact the overall affordability and investment yield for potential buyers.
As a ground-floor studio with direct street access and frontage, the unit lacks the privacy and traditional layout typically desired in a primary residential residence.
This unit is a work/live residence on the ground floor level of Granite Park Place. It is ideal for an artist studio, professional office or service business. This studio floor plan with 1.5 bathroom has San Pasqual frontage and access. It is located in the heart of Pasadena's desirable South Lake Ave District, Granite Park Place is a full service luxury building with concierge and valet parking services, club room, fitness center, pool and spa, outdoor fireplace and poolside barbeque. Top of the line interior amenities include kitchen with Viking Professional Series stainless steel appliances, pearl quartz countertops, solid wood cabinets and hardwood flooring by Kahrs, marble baths with Kohler fixtureres, LG washer and dryer also included.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 6-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,550 | 1,147 |
| Lot Size | 82,795 | 32,928.5 |
| Price | $848.0K | $802.4K |
| Price per sq ft | $547 | $651 |
| Built year | 2009 | 1973 |
| HOA | $1631.06 | $620 |
| Days on market | 27 | 51 |
Jun 25, 2026
$848,000
Initial Listing
Apr 14, 2014
$690,000
Public Record