Oakland Towers in Pasadena

Oakland Towers in Pasadena

Oakland Towers is a 4o unit mid-rise condominium complex in the Madison Heights neighborhood of Pasadena.  This highly desirable location is convenient to South Lake Avenue, the Playhouse District, California Institute of Technology and Paseo Colorado so shopping, dining and entertainment options are quite abundant.

Built in 1963, Oakland Towers consists of studio, two and three bedroom single level units built around a central courtyard with mature landscaping.  There are two tower buildings(385 and 395 South Oakland) each with a lobby and elevator service to upper levels and a common laundry area.   Some units have added in-unit laundry connections.   There is also a pool located at the rear of the complex.   Parking is secured and is either one or two spaces with small storage.   

Currently, there is a three bedroom, two bath first level condominium with approximately 1633 square feet for $539,000.    No closed sales have yet recorded in 2012.   In 2011 there were four sales ranging in price from $307,000 to $500,000 with an average sales price of $384,250(median $365,000) and an average sales price per square foot of $261.86.

If you are interested in learning more of the current real estate market in Pasadena whether you are thinking of selling, buying or just curious contact Michael Jacobs at 818.516.4393 cell or michaeljacobs@coldwellbanker.com.