218 N El Molino Avenue 303, Pasadena, California 91101, Pasadena, 91101 - 0 bed, 1 bath
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This Brand New Luxury Condominium is a Strong Value Opportunity, listed at $699,000—positioned well below the $761,328 Fair Market Value by 8%. This valuation gap offers $62,328 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2023 build includes a private north-facing terrace, high-end finishes, and panoramic mountain views. Located in the Pasadena Unified district, this residence is an ideal acquisition for first-time buyers or urban professionals seeking a turnkey, modern lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 218 N El Molino Avenue 303 Subject | $699,000* List Price | 0 | 1 | 844 | $902 | - |
A 709 E Walnut Street 222 Sold | $709,000 | 0 | 1 | 706 | $1,004 | 0.0 mi |
B 380 Cordova Street 403 Sold | $885,000 | 1 | 1 | 960 | $922 | 0.7 mi |
C 178 S Euclid 105 Sold | $797,000 | 1 | 1 | 806 | $989 | 0.6 mi |
D 139 S Oak Knoll Avenue 404 Sold | $758,000 | 1 | 1 | 791 | $958 | 0.4 mi |
E 139 S Oak Knoll Avenue 304 Sold | $735,000 | 1 | 1 | 791 | $929 | 0.4 mi |
F 380 Cordova Street 303 Sold | $755,000 | 1 | 1 | 831 | $909 | 0.7 mi |
G 399 E Del Mar Boulevard 107 Sold | $800,000 | 1 | 1 | 880 | $909 | 0.7 mi |
H 840 E Green 130 Sold | $798,000 | 1 | 1 | 987 | $809 | 0.4 mi |
I 150 S Oak Knoll 103 Active | $746,000 List Price | 1 | 1 | 762 | $979 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new luxury construction (built 2023) in mint condition. Features high-end finishes, modern kitchen, and state-of-the-art systems with no maintenance required.
As a brand-new 2023 build, the property offers the latest in contemporary design, high-end finishes, and energy-efficient features, including EV charging and a state-of-the-art fitness center.
At 844 square feet, this studio is significantly larger than standard units of its type, providing an oversized great room and a private north-facing terrace that maximizes indoor-outdoor living.
The availability of a seller-funded financing buydown program or premium upgrades provides a unique financial advantage, making the property more accessible and customizable for new owners.
The association fee of $677.91 is relatively high for a studio unit, which may impact the overall affordability and monthly budget for potential buyers.
The open-concept studio floor plan lacks a separate, enclosed bedroom, which may limit appeal for buyers seeking distinct living and sleeping quarters or long-term flexibility.
Brand New luxury condominium with north-facing private terrace. MW Lofts Pasadena represents the pinnacle of modern urban living in one of Southern California’s most desirable locations. For sale for the first time, this brand new project features 115 units. Unit 303 is a studio, 1 bathroom floor plan facing North. Large windows allow an abundance of natural light, along with beautiful greenery views. The spacious kitchen opens into the oversized great room. Window shades come installed, and laundry is included and in-room. This sophisticated condominium combines cutting-edge design with refined elegance, offering spacious, open-concept floor plans, high-end finishes, and panoramic views of the surrounding city and mountains. Each residence is carefully crafted with premium materials and expansive windows that flood the interiors with natural light. Plenty of guest parking and EV charging spaces. Residents of MW Lofts enjoy exclusive amenities, including controlled access, a state of the art fitness center, private rooftop lounge, and oversized terrace, all in close proximity to Pasadena’s finest dining, shopping, and cultural landmarks. ***Huge financing incentives through the seller's limited time buydown program or choose premium appliances/cabinet upgrades. contact us for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 844 | 1,147 |
| Lot Size | 41,608 | 32,928.5 |
| Price | $699.0K | $802.4K |
| Price per sq ft | $828 | $651 |
| Built year | 2023 | 1973 |
| HOA | $677.91 | $620 |
| Days on market | 8 | 51 |
Jul 14, 2026
$699,000
Initial Listing