Pasadena CA Park California Condos 497 East California Blvd For Sale

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/4JxM

Pasadena CA  Park California Condos at

497 East California Blvd For Sale

 

Park California Condos at 497 East California Blvd This is a recap of Park California condos for sale along with market activity dating back to 2012 for the Pasadena complex.   

 

Statistical information has been gathered from our local multiple listing service(mls) and may not include all transactions.

 

497 East California BlvdPark California is a 74 unit condominium complex built in 1980. Located at 497 East California Boulevard (northwest corner of Oakland Avenue) the complex is close to South Lake Avenue, Pasadena Playhouse District, Paseo Colorado and Old Pasadena where there are abundant shopping, dining and entertainment options.  

 

There are numerous museums in the neighborhood as well as Caltech(California Institute of Technology) just a short stroll away. Transportation via multiple freeways or Gold Line light rail station is convenient too.   I was surprised to see that the walkscore website ranks the address as 65 out 100 -- somewhat walkable as I find this neighborhood one that is very pedestrian-friendly.

 

Pasadena Condos For SaleThe floor plans at Park California are single level with two or three bedrooms, in-unit laundry connections, high ceilings (vaulted at times on the top floor) and patios/balconies.   

 

The complex is gated and the central courtyard is highlighted by mature landscaping, pool, spa and lounge area.   Parking is subterranean with two spaces per residence.  There is also a fitness center and meeting room.

 

There is currently one Park California condo for sale.  It is a second level unit with approximately 1154 square feet priced at $495,000.   There have been three mls-reported sales so far in 2015 selling at an average sales price of $495,167(median sales price $485,000).  They have sold at 101.33% of last list price and for $425.86 per square foot on average.   

 

  • For full year 2014, there were just two closed transactions.  Each with approximately 1154 square feet they sold for $480,000(list price $470,000) in June and for $499,000(its list price) in October in all-cash transactions.

 

  • For full year 2013, there were six mls-reported closed transactions ranging from $430,000 to $485,000 with an average sales price of $451,133(median sales price of $450,500).   They sold at an average 102.72% of last list price and for $436.85 per square foot on average.

 

  • There were no mls-reported sales in 2012.  

 

If you would like more detailed information regarding Park California condos or any Pasadena real estate contact me at 818.516.4393 cell.  Let’s discuss what is important to you.

 

Published:   September 25, 2015  

 

Pasadena CA  Park California Condos at

497 East California Blvd For Sale

 

 

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is a great market report. I hope home buyers and sellers in the area will read it.

Sep 24, 2015 10:29 PM #1
Rainer
230,518
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

the middle pic is cool.. i love the white exterior, (mission /santa barbara/spanish) but keeping the exteriors clean is hard. :)

Sep 24, 2015 10:46 PM #2
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Michael Jacobs Thank you for taking the time to share this local real estate market information.  This is great stuff for buyers and sellers alike!

Sep 24, 2015 10:50 PM #3
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

4--9-7 are my lucky numbers.....maybe there is a message there Michael. Possibly I should be living at Park California.

Sep 24, 2015 10:51 PM #4
Rainmaker
1,521,597
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Michael, with only one Park California condo for sale now is the time for buyers to contact you and start their home search. Whether it's Park California or another Pasadena condo community you know them all and consistently follow the latest market trends. 

Sep 25, 2015 12:46 AM #5
Rainmaker
4,445,443
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

Nice report on Park California, and love the photo with the birch trees in front of the balcony. Wishing you a great weekend.  A

Sep 25, 2015 01:28 AM #6
Ambassador
2,777,508
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Not a lot of movement for Park California condos, so acquiring the one currently available unit is going to require a winning strategy, which just happens to be your specialty.

Sep 25, 2015 01:44 AM #7
Rainmaker
5,381,325
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for your Park California condos update.

Have a great Friday and an outstanding weekend.

Sep 25, 2015 01:50 AM #8
Rainmaker
1,498,504
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Michael, I wouldn't be surprised if that one available Park California receives multiple offers, the best action for a buyer who truly wants to live in this desirable place is to contact Michael Jacobs! Beautiful, inviting photos.

Sep 25, 2015 02:11 AM #9
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3,871,094
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Michael- another good market report for Park California Condos and if anyone is interested in this area, they need to contact you.  Sounds like a very desireable area. 

Sep 25, 2015 03:36 AM #10
Rainmaker
1,120,444
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Michael Jacobs - Another excellent real estate market update for the Park California Condos development!  You show your clients why you are the agent to call for their Pasadena real estate needs with your timely updates!

Sep 25, 2015 05:42 AM #11
Ambassador
2,302,221
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Park California Condos sounds like the perfect place to own a home.  How far is it to "Sand between your toes"???

Sep 25, 2015 06:56 AM #12
Rainmaker
3,333,988
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

 Belinda Spillman - if you're talking about the beach -- it's about 20 miles to either Santa Monica or Long Beach.  If it's just sand --- there are a couple of neighborhood parks where you can take your shovel and enjoy a sunny afternoon.

Sep 25, 2015 07:22 AM #13
Rainmaker
1,675,376
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Michael Jacobs ,  Good luck with your Condo Sales.  Have a great weekend.

Sep 25, 2015 01:22 PM #14
Rainmaker
419,101
Marcus Rice
Equity First Realty - Richmond, VA
Your Richmond & Northern VA Real Estate Broker

Great Blog, Great information for Realtors, buyers and sellers. Thanks for sharing this detailed information about your real estate market.

Sep 27, 2015 02:22 PM #15
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Michael Jacobs

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