Comptroveby RentSpire

851 Magnolia 2 Bed 1.5 Bath

851 MAGNOLIA AVE PASADENA CA 91106, Pasadena Ca, CA, 91106

Market rate 18 units (unit count basis: listing-reported) Built 1964 FEMA/NRI hazard read: Very High

Asking & effective rent by bedroom

Average asking rent across observed units: $2,595. Average effective rent: $2,595.

TypeAsking rentEffective rentAvg sqftObservations
2 bedroom$2,595$2,595not observed1

HUD Fair Market Rent gap

HUD area: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
760 S MARENGO AVE PASADENA CA 91106 Pasadena Ca, CA 0.11 mi $2,000 87%
Prospect Apartments South Pasadena Ca, CA 1.3 mi $2,550 85%
361 Waldo Ave, Pasadena, CA 91101 Pasadena Ca, CA 0.59 mi not observed 82%
Madison Court Apartments Pasadena Ca, CA 0.56 mi $1,850 81%
1250 S. Marengo Avenue Pasadena Ca, CA 0.46 mi $2,175 79%
267 S. Madison Avenue Pasadena Ca, CA 0.78 mi $1,850 79%
170 S MADISON AVE APT 0010 PASADENA CA 91101 Pasadena Ca, CA 0.91 mi not observed 79%
Apartments in Pasadena CA Pasadena Ca, CA 0.3 mi $2,300 79%

Sources & provenance

Sourced from https://www.victorydevelopmentinc.com/properties/851-magnolia-2-bed-1.5-bath — 1 observation(s), last observed Aug 7, 2026.

Data age: 10 days. Last observed: Aug 7, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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