740 S Orange Grove Boulevard 7, Pasadena, California 91105, Pasadena, 91105 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$1,060,000
740 S Orange Grove Boulevard 7, Pasadena, California 91105
2Beds
2Baths
1,724Sqft
Lot
Year Built
1961
Close
-
List price
$1.06M
Original List price
$1.06M
Price/Sqft
$615
HOA
$991
Days on market
-
Sold On
-
MLS number
P1-25135
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.06M(31th), sqft - 1724(38th), beds - 2(50th), baths - 2(41th).
Price History
Date
Event
Price
12/08/25
Listing
$1,060,000
Condition Rating
Poor
Built in 1961, this property is 63 years old. The listing provides no information about any major renovations, and there are no interior images, particularly of the kitchen or bathrooms, to suggest modern updates. The property analysis explicitly highlights 'Building Age' as a weakness, noting that systems like plumbing, electrical, and HVAC may be older and require future updates or maintenance. Without evidence of recent renovations, it's highly probable that the interior finishes, kitchen, and bathrooms are significantly outdated and major systems are at or beyond their expected lifespan, requiring substantial repairs and rehabilitation to meet current standards.
Pros & Cons
Pros
Prestigious Location: Situated on S Orange Grove Boulevard in Pasadena, the property benefits from a highly desirable and well-regarded address known for its upscale residences and proximity to city amenities.
Spacious Living Area: With 1724 square feet for a 2-bedroom, 2-bathroom condominium, the property offers generous living space, providing comfort and flexibility often sought in condo living.
Market Appeal: The 'Active Under Contract' status indicates strong buyer interest and market desirability, suggesting the property is well-received and likely to close quickly.
Potential for Classic Charm: Built in 1961, the condominium may feature classic architectural elements and solid construction characteristic of mid-century buildings, appealing to buyers who appreciate established design.
Competitive Price Point: Given the desirable Pasadena location and substantial square footage, the list price of $1.06 million could represent a competitive value proposition in the current market.
Cons
High Association Fee: The monthly association fee of $991.0 is substantial, significantly increasing the overall cost of ownership and potentially impacting affordability for some buyers.
Lack of Views: The property explicitly states 'View: None,' which can be a notable drawback for buyers seeking scenic vistas, especially in a region where views often command a premium.
Building Age: Constructed in 1961, the building may have older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance, and potentially lower energy efficiency compared to newer constructions.