Since foreclosures (Real Estate Owned – REO) or bank owned homes are here and we’ll be seeing quite a few of them in the coming months, we decided to devote Fridays to highlighting a foreclosure in the Pasadena area. We will call this series of posts – Foreclosure Fridays!

The goal is to have a description, photos and/or a video about the home to give you an idea as to what kind of REO homes you can purchase in different Pasadena neighborhoods.

We will also have special guests participating in Foreclosure Fridays with tips and ideas on what can be done to update these houses to make them perfect for your families!

For our first Foreclosure Friday, we will highlight the one and only bank owned home that just hit the real estate market in San Marino – 1810 Lombardy.

1810 Lombardy Avenue, San Marino California

Asking Price: $1,550,000

Priced at $538.38 per sq. ft.

Average price of homes sold over the last 3 months in San Marino is $588.73 per sq. ft.  This is based on 38 last sales.

The lowest priced home in San Marino available for sale is priced at $1,380,000.  The highest priced home in San Marino is listed at $9,288,000.

4 bedrooms and 3 baths – 2,879 sq. ft. with a 12,137 sq. ft. lot.

This home is listed by Wilmington Investment Network and is being sold in “As Is” condition by the bank.

Here’s my walk through of the house earlier today:

To see additional information about this home with the history of the foreclosure process, please visit a New San Marino Foreclosure.

Of course, you are always welcome to search foreclosures or see what kind of activity is taking place in your Pasadena Neighborhood on our Foreclosure Search Page.

If there’s a particular foreclosure home that you would like us to highlight, please let us know by commenting in this post.