Del Mar Court Condos in Pasadena 625 East Del Mar Boulevard

By
Real Estate Agent with Coldwell Banker Residential Brokerage CalBRE #01165532
http://actvra.in/54Fp

Del Mar Court Condos in Pasadena

625 Del Mar Boulevard

 

This is a real estate market activity report for the Del Mar Court condominium complex in Pasadena.  I will share information regarding units currently on the market sale, in escrow and sold so far in 2017 as well

What Is My Del Mar Court Condo in Pasadena Worthas a recap of closed transactions for the previous four years.  Statistical information in this report  has been gathered from our local multiple listing service(mls) and may not reflect all transactions in the complex.

 

Del Mar Court is located at 625 East Del Mar Boulevard at the northwest corner of El Molino Avenue in a central and convenient Pasadena location. Residents are close to South Lake Avenue, California Institute of Technology, Playhouse District, Paseo Colorado, Civic Center and Old Pasadena along with multiple freeways plus a Gold Line light rail station.   There are abundant shopping, dining, entertainment and cultural options available.

 

Built in 1987, the 24 unit Del Mar Court consists of two bedroom/two bath condos in a variety of floor plans ranging in size from just over 1100 to nearly 1300 approximate square feet.   Interior features include fireplaces, good storage and in-unit laundry connections. There is either a patio area or balcony.   Parking is subterranean with two spaces per unit accessed off El Molino Avenue.

 

The entrance to the professionally managed complex is gated and there is a large central open courtyard with elevator access to each floor.   There have been some updates occurring in the complex(lobby area and copper plumbing) that should increase livability and add value.

 

Pasadena Del Mar Court Condos



  • There is currently one condo at Del Mar Court available for sale.  Newly listed, the second floor unit has approximately 1166 square feet and is priced at $498,000.   No units are in escrow and there have been two mls-reported closed sales year-to-date.  Both closed in March.  A unit on the second floor with approximately 1146 square feet and an updated kitchen closed for $555,000(list price $498,000 in an all cash transaction.  Later that month a top floor corner unit(also remodeled) closed for $575,000(list price $498,000).  

 

  • There were two units reported sold at Del Mar Court in 2016.  In July a corner unit on the second floor with approximately 1146 square feet sold for $490,000(list price $499,000).  The other transaction closed in November.  This was a probate sale(no court confirmation but needed work) on the third floor which sold for $529,000(list price $445,000).

 

  • There were three reported closed transactions in 2015 ranging from $418,000 to $444,000 with an average sales price of $429,000(median sales price $425,000).  Two sold above the last list price for an average 99.92%.  The average price per square foot for all units was $352.79.

 

  • In 2014, there were two sales.  In April, a first floor corner unit closed for $425,000(list price $438,800).  A unit with approximately 1276 square feet sold for $430,000(list $449,000) in September.

 

  • In 2013, there was just one closed transaction which was a third floor corner unit that had been previously purchased as a bank owned sale.  The renovated unit sold in August of that year for $460,000(list price $439,000).

 

This report serves as an introduction and quick overview of the Del Mar Court complex.  Different factors come into play when determining an offer strategy for buyers as well as determing the proper market position for sellers.  Both need to review all information in greater detail than space permits in this brief sales recap.  Location within the complex, condition, upgrades(or lack thereof), timing and emotional appeal all come into play.  If you would like to know more about Del Mar Court or any Pasadena real estate, please contact me at 818.516.4393 cell.  Let’s discuss what is important to you.   

 

Published:  May 19, 2017

 

Del Mar Court Condos in Pasadena

625 East Del Mar Boulevard

 

 

 

 

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Rainmaker
3,529,337
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael.  Valuable information for anyone considering the Del Mar Court condo community in Pasadena CA.

May 19, 2017 05:25 AM #1
Rainmaker
1,457,521
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Anyone that is looking for a gated complex should definitely have Del Mar Court Condos on their list.  More importantly though, they should give you a call first.

May 19, 2017 05:28 AM #2
Rainmaker
2,066,652
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Michael. The Del Mar Court Condos sound terrifc for those with two vehicles! Thanks for the update. Enjoy your day!

May 19, 2017 05:54 AM #3
Rainmaker
1,211,510
Sandy Padula and Norm Padula, JD, GRI NMLS#1483386
Realty One - Carlsbad, CA
Presence, Persistence & Perseverance

Another fine condo complex for you to market to your clients. By your description, this complex has much to offer. Have a pleasant weekend!

May 19, 2017 06:04 AM #4
Rainmaker
1,087,243
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Your Alexandria Virginia Real Estate Agent

Good Morning Michael, you always present the communities in your market so well. Del Mar Court condos looks very appealing and is very conveniently located. When buyers would like to know more you are the go to resource to  answer all of their questions and achieve them a successful home sale.

May 19, 2017 06:48 AM #5
Rainmaker
3,035,179
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

Michael,

This is a great description of Del Mar Court Condos.  I liked that you added the recent work on renovations that are occuring in this gated complex.  It really shows how well you know your market.  Wishing you a great weekend.  A

May 19, 2017 07:17 AM #6
Rainmaker
2,835,582
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, great looking building, and think stucco has a great look.  Great market update for the Del Mar Court Condos.  

May 19, 2017 07:49 AM #7
Ambassador
2,779,051
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Michael- love the look of these condos! As always you provide excellent I information for your buyers and sellers

May 19, 2017 08:24 AM #8
Ambassador
2,264,806
Paul S. Henderson, CRS, REALTOR®,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

You do paint an interesting picture of all the areas that you cover Michael Jacobs. The Del Mar Court condos have been covered in the past but your updates are always a masterpiece...

May 19, 2017 09:09 AM #9
Rainmaker
2,438,273
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Another condo in Pasadena that can be the right place for a lucky buyer. With 1 unit now available at Del Mar Court, it's the perfect time to contact Michael Jacobs to show you this listing!

May 19, 2017 10:12 AM #10
Rainmaker
2,279,140
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale - Probate Broker

Michael Jacobs - The Condo King:  24 units - one listing and two closed this year suggest the sellers may be transitioning to a single family or larger home. We never really know the back stories unless we represent the seller.  Another outstanding market report.  Thank you.

May 19, 2017 10:16 AM #11
Rainmaker
1,195,306
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Michael...another cool looking place with outdoor space (my favorite). Great post as always.

May 19, 2017 10:47 AM #12
Ambassador
2,327,241
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Your excellent market report is a clear sign to smart buyers that your expertise is the key resource that can make it all happen in a difficult market. Have a great weekend!

May 19, 2017 12:58 PM #13
Rainmaker
1,760,435
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Well, how about these apples? I looked at your first photo and said to myself, I bet these Del Mar Court Condos were built in the late 1980s. Very clean lines, no added flairs, just square shaped stucco and sure enough . . .

May 19, 2017 03:08 PM #14
Rainmaker
1,179,925
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Michael, your attention to details on all your market reports are truly beneficial for buyers, sellers as well as homeowners. Have an awesome weekend!

May 19, 2017 06:41 PM #15
Rainmaker
2,993,478
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Michael

Pasadena California has an outstanding selection of condos for buyers to choose from.

Good luck and success.

Lou Ludwig

May 19, 2017 06:51 PM #16
Rainmaker
536,797
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Michael, 

I just got to thinking as I was reading your post on the Del Mar Court Condos.  I would love to see the look on your clients faces when they start tapping into that knowledge of your very extensive market.  They must be amazed! 

May 19, 2017 07:13 PM #17
Rainmaker
2,231,611
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael this post reminded me of my old License Plate holder "Del Mar where the Surf meets the Turf" I had no idea when we moved here from Boston that that was the motto of the Race Track:))Endre

May 19, 2017 10:12 PM #18
Rainmaker
2,498,442
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Thank you for your comments on this real estate activity report for the Del Mar Court condos.  The location and the relative affordability make this complex a popular choice for people in Pasadena.    

May 24, 2017 08:39 AM #19
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Michael Jacobs

Los Angeles Pasadena Area Real Estate 818.516.4393
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