
Pasadena, California 91106
This Mid-Century Condominium represents a Strong Value Opportunity, listed at $599,000—positioned well below the $660,474 Fair Market Value by 9%. This valuation gap offers $61,474 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit includes original hardwood parquet flooring, a refreshed kitchen, and in-unit laundry potential. Located near Caltech and South Lake Avenue, this property balances lifestyle convenience with financial upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Pasadena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 960 San Pasqual 205 Subject | $599,000* List Price | 2 | 2 | 1,297 | $509 | - |
A 1000 Cordova Street 101 Sold | $665,000 | 2 | 2 | 1,222 | $544 | 0.4 mi |
B 985 E California Boulevard 305 Sold | $715,500 | 2 | 2 | 1,199 | $597 | 0.1 mi |
C 972 E California Boulevard 306 Sold | $660,000 | 2 | 2 | 1,104 | $598 | 0.1 mi |
D 1127 E Del Mar Boulevard 411 Sold | $665,000 | 2 | 2 | 1,363 | $488 | 0.3 mi |
E 1000 Cordova Street 308 Sold | $660,000 | 2 | 2 | 1,199 | $550 | 0.4 mi |
F 1299 Cordova Street 302 Sold | $580,000 | 1 | 1 | 1,181 | $491 | 0.6 mi |
G 1127 E Del Mar Sold | $650,000 | 2 | 2 | 1,363 | $477 | 0.3 mi |
H 1115 Cordova Street 303 Active Under Contract | $625,000 List Price | 2 | 2 | 1,097 | $570 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the unit is well-maintained and move-in ready. It features recent cosmetic updates including fresh paint and new premium carpet. The kitchen has been refreshed and one bathroom was previously updated, aligning with the 5-15 year renovation criteria for a 'Good' rating.
Situated in a highly walkable area near Caltech, Erewhon, and South Lake Avenue, offering exceptional access to premier dining, shopping, and cultural landmarks like the Huntington Library.
The unit features classic mid-century design elements including original parquet flooring and a spacious 1,297 sqft layout, recently enhanced with fresh paint and new premium carpeting.
Unlike many condominiums of this era, this unit includes washer and dryer hookups, providing a significant convenience factor and a rare value-add opportunity for the owner.
The monthly association fee of $920 is relatively high, which may impact the property's overall affordability and deter budget-conscious buyers.
The property includes only one subterranean parking space for a two-bedroom unit, which may be insufficient for households with multiple vehicles or frequent guests.
Sensational Mid-Century light-filled condominium in an incredible location. Literally moments away from Erewhon, Loli Farms for the most amazing Peruvian chicken, Magnolia House, Noda Sushi, The Arbor and Gaucho Grill. Shopping along South Lake Avenue is abundant. For wandering around and opening your mind, Caltech is adjacent with a calendar filled with inspiring speakers and events. Further east you'll find the treasure of Pasadena, the Huntington Library and Gardens. The unit, located on the second floor with a spacious balcony has been freshly painted and offers a thoughtful floor plan with original hardwood parquet flooring and newly installed premium carpet. The kitchen has been refreshed and one of the bathrooms updated by a previous owner. Storage is plentiful with cabinetry in the dining area, large closets and additional cabinetry in the primary bedroom. There are washer and dryer hookups at the entry closet AND the HOA board has approved W+D installation. Additionally, the community laundry is close at hand. Building amenities include a delightful pool and outdoor seating areas. There is one parking space in a subterranean parking garage. This is a remarkable investor or owner-occupied opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,297 | 1,199.529 |
| Lot Size | - | 34,835.592 |
| Price | $599.0K | $778.0K |
| Price per sq ft | $462 | $641 |
| Built year | 1964 | 1979 |
| HOA | $920.0 | $631 |
| Days on market | 20 | 55 |
Aug 20, 2026
$599,000
Initial Listing
Jul 23, 2019
$635,000
Public Record
Aug 1, 2014
$550,000
Public Record
Oct 30, 2008
$442,000
Public Record
Aug 13, 2003
$332,500
Public Record
Jan 14, 1994
$180,000
Public Record