This Pasadena condo offers 2 beds and 3 baths spread over 1,680 sqft. Given the location in West Pasadena, a desirable area with a median listing price of $1.7M, the rental potential ranges from $4.1K to $6.8K monthly. With a single unit, the payback period depends on occupancy rates and local demand. Proximity to amenities and a remodeled interior enhance appeal, but the competitive market poses a challenge.
To boost rental value, consider updating common areas and enhancing energy efficiency. If selling, highlight the property's prime location and modern updates. Addressing any HOA concerns can also improve marketability. Staging the unit to showcase its spaciousness and unique features could attract higher bids.