Under ContractCondominium

1040 S Orange Grove 1

Pasadena, CA, 91105

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$1,298,000

MLS: P1-26867

Beds

2

Baths

2

Sq Ft

1,456

Lot

2.18 ac

Year Built

1963

MLS #

P1-26867

Days on Market

10

Listed

Apr 28, 2026

Description

Located on desirable Orange Grove, this single-level condominium offers 2 bedrooms and 2 bathrooms approximately 1,456 square feet of living space. Built in 1963, the home features a bright and open floor plan with abundant natural light throughout.Interior highlights include refurbished hardwood floors, a well-appointed kitchen, and a screened atrium that provides additional usable space and a seamless indoor-outdoor connection. French doors open to a wraparound patio, ideal for outdoor enjoyment and entertaining.Additional amenities include an in-unit stackable washer and dryer, a detached two-car garage, and access to a community pool.A great opportunity to own in a sought-after location with convenient access to local amenities. Close to Old Town Pasadena, restaurants, shopping and more.

Location

Pasadena, Los Angeles County, CA 91105

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Listed by: Rene L Dolan · Coldwell Banker Realty

Payment estimate

$9,423

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $129,800 · Loan: $1,168,200

%
Principal & Interest
$7,284
Property tax (1.25%)
$1,352
Homeowners insurance
$300
Mortgage insurance
$487
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Today's Rates

As of May 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $45,430 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.