218 N El Molino Avenue 502, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 2 bath

218 N El Molino Avenue 502, Pasadena, California 91101 home-pic-0
ACTIVE$1,299,000
218 N El Molino Avenue 502, Pasadena, California 91101
2Beds
2Baths
1,054Sqft
41,608Lot
Year Built
2023
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$1,232
HOA
$728
Days on market
-
Sold On
-
MLS number
AR25126345
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
ViewCity Lights,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(84th), sqft - 1054(54th), beds - 2(50th), baths - 2(50th).

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 condominium project features 115 units. Unit 502 is a 2 bedroom, 2 bathroom floor plan with multiple balconies with sweeping views of the city. The spacious kitchen opens into a great room with an abundance of sunlight. The primary bedroom is en-suite, with floor to ceiling windows leading to the balcony. The secondary bedroom has access to the south-facing balcony, and the secondary bathroom features a separate tub. Laundry is included and in-room. Window shades included. 2 parking spots included. 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. Residents of MW Lofts enjoy exclusive amenities, including controlled access, a state of the art fitness center, private rooftop lounge, and terrace, all in close proximity to Pasadena’s finest dining, shopping, and cultural landmarks

Price History

Date
Event
Price
06/28/25
$1,299,000
Condition Rating
Excellent

This property was built in 2023, making it brand new. The description highlights 'cutting-edge design,' 'high-end finishes,' and 'premium materials.' The images confirm a pristine, modern aesthetic throughout, including a contemporary kitchen with stainless steel appliances and stylish cabinetry, and bathrooms featuring a freestanding tub and modern vanities. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction: As a 2023-built condominium, the property offers modern design, finishes, and infrastructure, ensuring minimal immediate maintenance and contemporary living standards.
Prime Urban Location: Located in a highly desirable area of Pasadena, providing residents with immediate access to premium dining, shopping, and cultural landmarks.
Panoramic Views & Natural Light: Features multiple balconies and expansive, floor-to-ceiling windows that deliver sweeping panoramic city and mountain views, enhancing natural light throughout the unit.
Exclusive Building Amenities: Residents benefit from a suite of exclusive amenities including controlled access, a state-of-the-art fitness center, and a private rooftop lounge and terrace.
Valuable Inclusions: The unit comes with convenient in-room laundry, window shades, and two dedicated parking spots, adding significant value and ease to urban living.

Cons

High Association Fees: The substantial monthly association fee of $728 represents a significant ongoing cost that potential buyers must factor into their budget and long-term financial planning.
High-Density Living: Being part of a 115-unit project, the property may entail a higher density living environment, potentially leading to increased common area usage and less privacy compared to smaller communities.
Limited Private Outdoor Space: While offering multiple balconies, the private outdoor space is confined to these areas, lacking the larger private yards or gardens often desired by some buyers.

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