Pasadena CA -- Location-Location-Location Cordova East Condos
The Cordova East condominium complex located at 1115 East Cordova Street in Pasadena could be the perfect definition of that age old real estate axiom Location Location Location. This 1963 built mid-century complex is located just south of famed Colorado Boulevard and north of the campus of The California Institute of Technology(Caltech). A few streets west leads to the South Lake Shopping and Business District while Pasadena City College is just east of the complex.
Other location amenities include easy access to transportation via the 210 Foothill Freeway and the Arroyo Seco Parkway(110) plus a Gold Line Station for light rail transit at Lake Avenue. Did I mention the convenience to Pasadena Playhouse District, Paseo Colorado, the Civic Center and Old Pasadena? the number of shopping, dining, entertainment and cultural venues are simply too numerous. Yes, when location is the prime factor, Cordova East offers a very viable and amazingly affordable option.
The 69 unit Cordova East is a professionally managed complex. It features a number of different floor plans ranging from studios to two bedrooms/two baths and square footages from just under 500 to over 1700 square feet. Units feature patios/balconies and there is secured parking in either the subterranean parking or carports. The building has a central courtyard with lush landscaping. There is a pool, barbeque area and lounge area. There are multiple community laundry areas located throughout the building and just steps away from nearly every unit.
There is currently one condo available at Cordova East as of August 17, 2012 - this is a two bedroom, two bath unit with approximately 983 square feet and is priced at $285,000. Year-to-date sales(info from our local multiple listing service MLS) reflect three sales. They ranged in closed prices from $151,300(a studio with 518 square feet overlooking the courtyard) to $247,000(a two bedroom, two bath unit with 983 square feet) that closed in February.
In 2011, there were three sales ranging in price from $195,000(a one bedroom with approximately 615 square feet) to $243,000(a two bedroom, two bath with apx 1372 square feet).
If you would like to know more about Cordova East or any other Pasadena condominum or townhome community please contact me at 818.516.4393 cell or michaeljacobs@coldwellbanker.com.
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