
Pasadena, California 91101
This Turnkey Condominium is a Strong Value Opportunity, listed at $590,000—positioned well below the $586,830 Fair Market Value by -0.5%. Featuring a Mint Condition Rating with high-end renovations, modern wide-plank flooring, and a private patio, this unit offers a sophisticated urban lifestyle in the heart of Pasadena. While the HOA fee is notable, the property’s walkability to the Playhouse District and efficient layout provide significant long-term stability. This residence is an ideal acquisition for first-time buyers or urban professionals seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 N El Molino Avenue 117 Subject | $590,000* List Price | 2 | 1 | 894 | $691 | - |
A 300 N El Molino Avenue 118 Sold | $645,000 | 2 | 2 | 982 | $657 | 0.0 mi |
B 465 S Hudson Avenue 6 Sold | $530,000 | 2 | 1 | 921 | $575 | 0.9 mi |
C 156 S Oak Knoll Avenue 101 Sold | $665,000 | 2 | 2 | 847 | $785 | 0.6 mi |
D 317 E Del Mar Sold | $578,000 | 2 | 2 | 1,046 | $553 | 0.8 mi |
E 500 E Del Mar Boulevard 12 Sold | $739,000 | 2 | 2 | 1,038 | $712 | 0.8 mi |
F 239 S Marengo Avenue 303 Sold | $732,000 | 2 | 2 | 960 | $763 | 0.9 mi |
G 420 S Madison 304 Sold | $565,000 | 1 | 2 | 983 | $575 | 0.9 mi |
H 840 E Green Street 124 Sold | $739,000 | 1 | 1 | 987 | $749 | 0.5 mi |
I 218 N El Molino Avenue 303 Active | $699,000 List Price | 0 | 1 | 844 | $828 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1987, the interior shows evidence of a recent high-end renovation (likely <5 years). The unit features modern wide-plank flooring, updated neutral paint, and contemporary fixtures including a new ceiling fan and high-end LG stackable laundry appliances. The condition is mint and move-in ready.
Situated in the highly desirable 91101 zip code, this property offers exceptional walkability to Pasadena's Playhouse District, South Lake Avenue shopping, and diverse dining options.
At a list price of $590,000 for a two-bedroom unit, this property represents an accessible entry point into the prestigious Pasadena real estate market for first-time buyers or investors.
The 894-square-foot floor plan efficiently utilizes space to provide two full bedrooms, offering the versatility needed for a home office or guest room in an urban setting.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The $750 monthly association fee is significantly high relative to the purchase price, which may impact buyer affordability and overall debt-to-income ratios.
With only one bathroom serving two bedrooms, the unit may face functional challenges for roommates or small families, potentially limiting the pool of interested buyers.
Live in the heart of Pasadena's Playhouse Village, where restaurants, coffee shops, independent businesses, the Pasadena Playhouse, neighborhood parks and everyday conveniences are all close by. Old Pasadena and Metro A Line access are just minutes away, making it easy to enjoy everything the city has to offer. Set within El Molino Terrace, this bright corner condo offers single-level living with two bedrooms, one full bathroom. The living room features a gas fireplace and opens to a private balcony, while the kitchen offers stone countertops, stainless steel appliances, gas cooking and a breakfast bar. The spacious primary bedroom includes a walk-in closet and access to a wraparound patio, giving the home two separate outdoor spaces. Additional conveniences include central air and heat, in-unit laundry and controlled-access assigned parking. Community amenities include a pool, spa, fitness room, sauna, clubhouse, barbecue and picnic areas. This is Pasadena living made easy - comfortable space at home with one of the city's most vibrant neighborhoods right outside your door.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 894 | 1,199.529 |
| Lot Size | 52,535 | 34,835.592 |
| Price | $590.0K | $778.0K |
| Price per sq ft | $660 | $641 |
| Built year | 1987 | 1979 |
| HOA | $750.0 | $631 |
| Days on market | 51 | 55 |
Jul 20, 2026
$590,000
Initial Listing
Feb 27, 2024
$585,000
Public Record
May 3, 2012
$265,000
Public Record
Apr 6, 2004
$305,000
Public Record