A couple of weeks ago, I was telling you about Pasadena low to moderate income program and housing assistance.
There are two condos that are currently available for sale in the newly converted 64 N Mar Vista building in Pasadena. There’s a beautiful 1 bedroom condo on the first floor with a patio for only $233,000 and an updated 2 bedroom, 2 bath condo on the 2nd floor for $260,000.
There are definitely restrictions to purchasing these Pasadena condos and the city will record a special covenant against the title of these properties placing same restrictions on future buyers, but the price is unbelievable and offers an amazing opportunity to own a Pasadena condo of your own.
Call me at 626-204-3340 for more information.
Interested in learning more about Pasadena California? See below articles:
Pasadena Real Estate and Housing Statistics for April through June 2009
Pasadena California – 5 Year Real Estate Home Sales Analysis
Pasadena Foreclosure Home List
South Pasadena Foreclosure Home List
South Pasadena Foreclosure Home List
Pasadena Income Property for Sale
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Hi Irina: To my understanding, one of the condos at 64 Mar Vista is now in escrow. How do I know? I was hired to stage the 2 remaining low to moderate income condos a couple of weeks ago. One went into escrow and I have the remaining one staged. You are right, they are an amazing bargain for the right buyer. Nice building, good location and the price is really low.
Well Michelle… they certainly couldn’t have hired a better stager to present these condos in their best light. If you have photos, send them over and we’ll add them in to this post.
It’s a wonderful opportunity for folks that are looking to get into a great Pasadena neighborhood and a very nice complex that could not afford to do so otherwise.
Plus, if they open escrow before April 30, 2010, they may qualify for an $8,000 Federal Tax Credit. Can’t beat that!