482 South Arroyo, 410, Pasadena, CA 91105
482 South Arroyo, 410, Pasadena, CA 91105
Property Description
Turnkey Pasadena investment with immediate $2,810/month rental income and a secure lease in place through 2027. Welcome to this beautifully maintained luxury condo located in one of Pasadena's most desirable areas. This inviting residence offers a functional layout. This charming 1 bedroom 1 bathroom home features a bright sun filled living room and open floor kitchen with premium natural quartz countertops, stainless steel appliances, recessed lights, movable kitchen island and ample cabinetry. Enjoy two private balconies with glass railings, Perfect for indoor & outdoor living. The primary bedroom includes a walk-in closet, and the bathroom offers an oversized soaking bathtub. One assigned parking space (#2). No guest parking. The unit is currently leased to a long term tenant since February 2022 with a proven history of consistent, on time rent payments. The existing lease will remain in effect and rental income will transfer to the new owner at the close of escrow, making this a seamless income producing investment. Ideally situated near Whole Foods, Trader Joe's, Arroyo Chop House as well as shopping, dining and major commuter routes, this property offers both convenience and long term value. Some images are from a previous listings and were taken prior to 2022, they may not reflect the current condition of the property. The furniture and decor shown are not included and are for illustrative purposes only.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Not Applicable · Pasadena · Condominium
Listed 4.8% below the median closed sale of $755,000. Expect a longer timeline — comps averaged 192 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 125 Hurlbut Street | Pasadena | 2017 | 1 | 1 | 710 | 30,085 | $914 | $649,000 | 25 | 90 |
| 288 Oakland | Pasadena | 2016 | 1 | 1 | 760 | 20,668 | $842 | $639,999 | 62 | 89 |
| 139 Oak Knoll Avenue | Pasadena | 2025 | 1 | 1 | 766 | 8,613 | $898 | $688,000 | 115 | 86 |
| 139 Oak Knoll Avenue | Pasadena | 2025 | 1 | 1 | 723 | 8,613 | $871 | $630,000 | 188 | 85 |
| 139 Los Robles Avenue | Pasadena | 1927 | 1 | 1 | 843 | 15,309 | $746 | $629,000 | 24 | 83 |
| Total: 5 · Average | 1.0 | 1.0 | 760.4 | 16,657.6 | $854.2 | $647,199.8 | 82.8 | |||
| Median | 760 | $639,999 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 178 Euclid | Pasadena | 2022 | 04/20/2026 | 1 | 1 | 806 | 22,534 | $799,000 | $797,000 | $989 | 1.00 | 55 | 88 |
| 399 Del Mar Boulevard | Pasadena | 2022 | 06/17/2026 | 1 | 1 | 880 | 0 | $869,000 | $800,000 | $909 | 0.92 | 87 | 86 |
| 239 Marengo Avenue | Pasadena | 2017 | 08/07/2026 | 2 | 2 | 960 | 0 | $729,000 | $732,000 | $762 | 1.00 | 182 | 81 |
| 380 Cordova Street | Pasadena | 2024 | 02/02/2026 | 1 | 1 | 831 | 18,731 | $775,000 | $755,000 | $909 | 0.97 | 419 | 80 |
| 380 Cordova Street | Pasadena | 2024 | 12/19/2025 | 1 | 1 | 831 | 18,731 | $766,900 | $740,000 | $890 | 0.96 | 218 | 80 |
| Total: 5 · Average | 1.2 | 1.2 | 861.6 | 19,998.667 | $764,800 | $764,800 | $891.8 | — | 192.2 | ||||
| Median | 831 | $755,000 | $755,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.