
Pasadena, California 91101
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $588,000—positioned well below the $615,434 Fair Market Value by 4%. This valuation gap offers $27,434 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a renovated Granite Kitchen, dual-suite privacy, and Mountain Views. Located in the vibrant Playhouse District, this property offers a resort-like lifestyle with a pool, spa, and fitness center. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 N El Molino Subject | $588,000* List Price | 2 | 2 | 982 | $627 | - |
A 300 N El Molino Avenue 118 Sold | $645,000 | 2 | 2 | 982 | $657 | 0.0 mi |
B 317 E Del Mar Sold | $578,000 | 2 | 2 | 1,046 | $553 | 0.8 mi |
C 330 Cordova Street 157 Sold | $729,500 | 2 | 2 | 1,111 | $657 | 0.8 mi |
D 128 N Oak Knoll Avenue 317 Sold | $752,000 | 2 | 2 | 1,110 | $677 | 0.2 mi |
E 420 S Madison 304 Sold | $565,000 | 1 | 2 | 983 | $575 | 0.9 mi |
F 221 S Oak Knoll Avenue 202 Sold | $650,000 | 2 | 2 | 1,250 | $520 | 0.6 mi |
G 465 S Hudson Avenue 6 Sold | $530,000 | 2 | 1 | 921 | $575 | 0.9 mi |
H 355 S Marengo Avenue 402 Sold | $592,000 | 2 | 2 | 973 | $608 | 1.0 mi |
I 300 N El Molino Pending | $595,000 List Price | 2 | 2 | 1,035 | $575 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1987, the unit features a renovated kitchen with granite countertops and stainless steel appliances likely updated within the last 10-15 years. The property is well-maintained, move-in ready, and includes functional central HVAC and in-unit laundry, meeting the criteria for a functional, updated living space.
Situated in the heart of Pasadena’s Playhouse District, this property offers exceptional walkability to the Pasadena Playhouse, Paseo Colorado, and the Metro Gold Line, making it ideal for an active urban lifestyle.
The floor plan features two spacious bedroom suites located on opposite sides of the unit, each with its own private bathroom and walk-in closet, providing an ideal layout for roommates or guests.
The community offers a robust suite of amenities including a pool, spa, fitness center, sauna, and BBQ area, providing a resort-like experience that adds significant lifestyle value.
The monthly HOA fee of $758.09 is relatively high for a unit under 1,000 square feet, which may impact the overall affordability and debt-to-income ratio for some buyers.
Built in 1987, the property and its common areas may lack the ultra-modern aesthetic and energy-efficient features found in the newer luxury developments throughout the Pasadena area.
Welcome to El Molino Terrace in Pasadena’s desirable Playhouse District! This beautifully maintained 2-bedroom, 2-bathroom condo offers approximately 982 sq. ft. of comfortable living space with an open floor plan, 9-ft ceilings, recessed lighting, crown moldings, and abundant natural light. The inviting living room features a cozy fireplace and opens to the dining area and updated kitchen with granite countertops, beautiful cabinetry, stainless-steel appliances, and a gas range. A convenient in-unit stackable washer and dryer is located in the kitchen closet. The two spacious bedroom suites are positioned on opposite sides of the unit, each with a private full bathroom and walk-in closet, which provides excellent privacy. Step onto the private balcony to enjoy your morning coffee or unwind. Additional features include central air and heat, ample storage, and two assigned subterranean parking spaces with elevator access. Guest parking is also available. Community amenities include a pool and spa, fitness center, sauna, BBQ area, and a recreation/media room, perfect for relaxing or entertaining. It is ideally located near the Pasadena Playhouse, Playhouse Village, Paseo Colorado, Old Pasadena, Lake Avenue shopping and dining, the Metro Gold Line, and the 210 Freeway. Move-in ready and a wonderful opportunity to enjoy the best of Pasadena living!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 982 | 1,199.529 |
| Lot Size | 52,535 | 34,835.592 |
| Price | $588.0K | $778.0K |
| Price per sq ft | $599 | $641 |
| Built year | 1987 | 1979 |
| HOA | $758.09 | $631 |
| Days on market | 8 | 55 |
Sep 1, 2026
$588,000
Initial Listing
Jul 13, 2016
$465,000
Public Record
Aug 21, 2006
$500,000
Public Record
Mar 5, 2004
$327,000
Public Record