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$739,000
Original list price: $780,000
MLS: P1-26805
Beds
1
Baths
1
Sq Ft
750
Lot
0.40 ac
Year Built
2015
MLS #
P1-26805
Days on Market
11
Listed
Apr 24, 2026
Description
Turnkey Pasadena investment with immediate $2,810/month rental income and a secure lease in place through 2027.Welcome to this beautifully maintained luxury condo located in one of Pasadena's most desirable areas. This inviting residence offers a functional layout. This charming 1 bedroom 1 bathroom home features a bright sun filled living room and open floor kitchen with premium natural quartz countertops, stainless steel appliances, recessed lights, movable kitchen island and ample cabinetry. Enjoy two private balconies with glass railings, Perfect for indoor & outdoor living. The primary bedroom includes a walk-in closet, and the bathroom offers an oversized soaking bathtub. One assigned parking space (#2). No guest parking. The unit is currently leased to a long term tenant since February 2022 with a proven history of consistent, on time rent payments. The existing lease will remain in effect and rental income will transfer to the new owner at the close of escrow, making this a seamless income producing investment. Ideally situated near Whole Foods, Trader Joe's, Arroyo Chop House as well as shopping, dining and major commuter routes, this property offers both convenience and long term value. Some images are from a previous listings and were taken prior to 2022, they may not reflect the current condition of the property. The furniture and decor shown are not included and are for illustrative purposes only.
Location
Pasadena, Los Angeles County, CA 91105
Open on Google Maps ↗Listed by: Chit Yip · Coldwell Banker Realty
Payment estimate
$5,555
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $73,900 · Loan: $665,100
- Principal & Interest
- $4,208
- Property tax (1.25%)
- $770
- Homeowners insurance
- $300
- Mortgage insurance
- $277
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $25,865 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.
Local Market Stats
See Pasadena, CA 91105 market trends →
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
Only large teams outsell Mike Watson · Keller Williams Realty
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