300 N El Molino Avenue 117, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 1 bath
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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 | $656 | - |
A 300 N El Molino Avenue 118 Sold | $645,000 | 2 | 2 | 982 | $657 | 0.0 mi |
B 156 S Oak Knoll Avenue 101 Sold | $665,000 | 2 | 2 | 847 | $785 | 0.6 mi |
C 317 E Del Mar Sold | $578,000 | 2 | 2 | 1,046 | $553 | 0.8 mi |
D 500 E Del Mar Boulevard 12 Sold | $739,000 | 2 | 2 | 1,038 | $712 | 0.8 mi |
E 420 S Madison 304 Sold | $565,000 | 1 | 2 | 983 | $575 | 0.9 mi |
F 420 S Madison Avenue 203 Sold | $640,000 | 1 | 2 | 1,043 | $614 | 0.9 mi |
G 297 S Madison Avenue 5 Sold | $700,000 | 2 | 1 | 1,198 | $584 | 0.7 mi |
H 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.
Exceptional opportunity in Pasadena. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 1,147 |
| Lot Size | 52,535 | 32,928.5 |
| Price | $590.0K | $802.4K |
| Price per sq ft | $660 | $651 |
| Built year | 1987 | 1973 |
| HOA | $750.0 | $620 |
| Days on market | 2 | 51 |
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