November 9, 2007

Bang for the Buck in Old Pas

Pasadena City Hall284 S Madison AVE #102
$389,000
Beds: 2 / Baths: 2
SQ.FT.: 1,172
$/SQ.FT.: $332

284 S Madison #203
$395,000
Beds: 2 / Baths: 2
SQ.FT.: 1,172
$/SQ.FT.: $337

221 S Marengo AVE #1
$250,000
Beds: 1 / Baths: 1
SQ.FT.: 710
$/SQ.FT.: $352

188 N Madison AVE
$619,000
Beds: 3 / Baths: 2.5
SQ.FT.: 1,748
$/SQ.FT.: $354

Madison Ave. seems to be the ticket for low price digs in this area. Three of the four (listed with Redfin) properties giving you the most space for your dollar line this north-south street, all within fair walking distance to the Paseo, Target, Ralph’s, Old Town and averaging about $344/sq.ft. At the heart of the central shopping/retail/dining core, your best bang for the $/sq.ft buck goes up roughly 30%, while the overall price rockets dramatically in the form of a new million dollar contemporary condo.

35 N Raymond AVE #402
$990,000
Beds: 2 / Baths: 2.5
SQ.FT.: 2,113
$/SQ.FT.: $469


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