972 E California 207, Pasadena, California 91106, Pasadena, 91106 - 0 bed, 1 bath
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Pasadena, California 91106
This studio condominium represents a Strong Value Opportunity, listed at $369,000—positioned well below the $390,200 Fair Market Value by 5%. This valuation gap offers $21,200 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit is move-in ready with updated flooring and a reglazed bathroom. Its quiet, south-facing orientation overlooking mature trees provides a peaceful retreat near Caltech. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, well-located Pasadena residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 972 E California 207 Subject | $369,000* List Price | 0 | 1 | 555 | $703 | - |
A 1115 Cordova Street 207 Sold | $405,000 | 1 | 1 | 615 | $659 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1968 but features recent cosmetic renovations including new luxury vinyl flooring, fresh interior paint, and stainless steel appliances. The kitchen cabinets have been refreshed with paint and the bathroom has been recently reglazed, making the unit functional and move-in ready.
Situated just moments from the South Lake District and Caltech, this property offers exceptional walkability and access to premier shopping, dining, and academic institutions.
Positioned at the rear of the building with south-facing windows overlooking mature trees, the unit provides a peaceful living environment with minimal street noise from California Boulevard.
The interior features updated flooring and a recently reglazed bathroom, offering a well-maintained space that requires little immediate investment for new owners or tenants.
The monthly HOA fee of $550 is relatively high for a studio at this price point, which may impact the overall affordability and net ROI for potential investors.
As a 555-square-foot studio, the property lacks a private bedroom, which may limit its appeal to a smaller demographic of buyers or those requiring more functional separation.
Exceptional value in one of Pasadena's most desirable locations! This well maintained studio condominium offers 555 square feet of comfortable living space just moments from the vibrant South Lake District. Enjoy unparalleled access to some of Pasadena's best shopping, dining, cafes, and entertainment, all within minutes of your front door. **Unit is located in the back of the building, all windows and balcony faces South with little to no street noise off of California** Ideally situated just a few minutes from Caltech, this property presents an outstanding opportunity for students, faculty, investors, or anyone seeking a low maintenance home in a prime location. Tucked away at the rear of the building, the unit overlooks mature trees, creating a peaceful and private setting that feels worlds away from the hustle and bustle of the city. Inside, you'll find updated flooring, a recently reglazed bathroom, and a thoughtfully maintained interior ready for its next owner. Additional features include designated parking and a well kept community in a highly sought after Pasadena neighborhood. Whether you're looking for a primary residence, a convenient pied-à-terre, or a property with excellent rental potential, this studio offers an unbeatable combination of location, comfort, and value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 555 | 1,147 |
| Lot Size | 26,873 | 32,928.5 |
| Price | $369.0K | $802.4K |
| Price per sq ft | $665 | $651 |
| Built year | 1968 | 1973 |
| HOA | $550.0 | $620 |
| Days on market | 22 | 51 |
Jun 30, 2026
$369,000
Initial Listing
Oct 17, 2000
$79,000
Public Record