20
1 / 26

150 South Michigan Avenue, 201, Pasadena, CA 91106

$715K2bd · 2ba · 1,194 sqft
HOA $745/mo•Condominium•
Active
•47d on market•MLS# P1-28626

Property Description

Welcome to Royal Gardens in desirable Southeast Pasadena. Set on a quiet, tree-lined street, this beautifully updated single-story end-unit condominium offers a refined blend of space, comfort, and effortless Pasadena living. This turnkey residence opens to an expansive light-filled living space with thoughtfully curated updates throughout including freshly painted interiors, luxury wide-plank vinyl flooring, plush carpeting, and a high-capacity, energy-efficient HVAC system for comfortable year around living. The open-concept living room centers around a cozy fireplace and wall-to-wall windows overlooking a spacious covered patio with serene treetop views. The adjacent dining area creates an inviting setting for everyday living and entertainment. The updated kitchen showcases stone countertops, subway tile backsplash, custom cabinetry, and an impressive walk-in, wall-to-wall custom pantry offering exceptional storage. The bedroom wing includes a convenient in-unit laundry room with side-by-side washer and dryer plus built-in shelving. Privately positioned at the end of the hall, the primary suite offers a peaceful retreat with plush carpeting, a wall-to-wall closet, and direct access to a private covered balcony. The ensuite bath features a generous dual-sink vanity and large soaking tub/shower. The versatile second bedroom also opens to its own private balcony, while a full hallway bath serves the bedroom and guests. An elevator, just steps from the front door, provides direct access to a secure garage with side-by-side parking spaces. With a Walk Score of 90 and close proximity to Caltech, Grant Park, and Pasadena City College, this exceptional residence is also moments from South Lake Avenue's renowned shopping, dining, and entertainment.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Garage Spaces
2
Heating
Central, High Efficiency
Cooling
Central Air, SEER Rated 16+
View
None
Flooring
Vinyl, Carpet
City
Pasadena
Zip Code
91106
County
Los Angeles
Listed byeXp Realty of Greater Los Angeles, Molly Cronin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,615.43
Principal & Interest
Loan Amount
$572,000
Total Interest
$729,554
Total Payment Over 30 Years
$1,301,554
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

150 South Michigan Avenue, 201, Pasadena, CA 91106

Pasadena · Condominium

$715K
Affordable Tier
Beds
2
Baths
2
Sqft
1,194
Lot
0 sqft
Year
1983
$/Sqft
$599
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 5.9% above the median closed sale of $675,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $715K· $599/sqft
Total list price
Closed comps
vs closed median $675K
+$40K (+5.9%)
Active comps
vs active median $569K
+$146K (+25.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $634
−$35 (−5.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
300 El Molino AvenuePasadena19872298252,535$568$558,0004091
430 Holliston AvenuePasadena19882297330,059$550$535,0003291
430 HollistonPasadena19882297430,068$594$579,0005191
77 Michigan AvenuePasadena19882291315,132$623$569,0002089
111 Oak Knoll AvenuePasadena1994221,01720,928$835$849,0008189
Total: 5 · Average2.02.0971.829,744.4$634$618,00044.8
Median974$569,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
484 EuclidPasadena198209/29/2026221,15525,168$729,000$729,000$6311.004498
961 California BoulevardPasadena198709/18/2026231,1970$748,000$740,000$6180.9913194
300 El MolinoPasadena198709/25/2026221,03552,535$595,000$580,000$5600.977891
586 Orange GrovePasadena197710/01/202622961167,512$550,000$618,000$6431.126191
277 Pleasant StreetPasadena197309/21/2026221,10832,958$715,000$675,000$6090.943390
Total: 5 · Average2.02.21,091.269,543.25$668,400$668,400$612.2—69.4
Median1,108$675,000$675,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.