300 N El Molino Avenue 118, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 2 bath
300 N El Molino Avenue 118
Pasadena, California 91101
Property Price
SUMMARY
Analysis of 300 N El Molino Avenue 118, Pasadena, California 91101 is currently available with a list price of $599,950. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This condo, built in 1987, is well-maintained and move-in ready with no immediate renovations required. The kitchen features functional stainless steel appliances and granite countertops, which, while not ultra-modern, are clean and in good condition. The bathrooms are also clean and functional with updated vanities and subway tile surrounds. The property benefits from newer wood-look laminate flooring throughout and fresh paint, along with recessed lighting, giving it a refreshed feel. While the kitchen and bathroom styles suggest updates that are likely 10-20 years old rather than brand new, the overall condition is solid and appealing.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Centrally located in Pasadena, offering immediate access to cultural landmarks like the Pasadena Playhouse, shopping at Paseo Colorado and Old Town, educational institutions like Pasadena Community College, and convenient freeway access (210).
- Extensive Building Amenities
The complex provides a wealth of amenities including a peaceful central courtyard, pool, spa, sauna, fully equipped gym, and a community recreation room with a kitchenette, enhancing lifestyle and value.
- Ground Level & Pool Proximity
As a ground-level unit, it offers easy access and is conveniently located just steps from the community pool, providing direct enjoyment of a key amenity.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The association fee of $667.69 per month is substantial and will significantly impact the overall monthly housing cost for a prospective buyer.
- Lack of Views
The property description explicitly states 'view: None', which may be a drawback for buyers seeking scenic outlooks or natural light from their unit.
- Age of Building
Built in 1987, the property is over 35 years old, which may imply that some original systems or finishes could require updating or maintenance in the near future.
About 300 N El Molino Avenue 118
Excellent opportunity to own a ground level 2-bedroom condo that is steps to the pool and is centrally located to everything that Pasadena has to offer. When you enter the unit, you will be flanked by each of the bedroom suites on each side and be immediately in the dining area. I love that the unit has an open communal area. The kitchen opens up to the living room and dining room space. Plus the unit has high ceilings. There is a sliding door at the edge of the living room that leads to the outdoor patio. The washer and dryer is also located inside the unit! Building amenities include: a peaceful central courtyard, pool and spa, sauna, fully equipped gym, and a community recreation room with kitchenette ideal for small gatherings. Minutes away is the Pasadena Playhouse, Paseo Colorado, Pasadena Community College, Old Town Pasadena, and the shops on Lake. Easy access to the 210 freeway. Unit comes with two parking spots #90 & #91. Please see attached supplements for: property inspection report and seller disclosures. Nobody passed away in the unit.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 52,535 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $667.69 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 982 | 1,126.5 | 39% |
| Lot Size | 52,535 | 21,749.5 | 84% |
| Price | $600.0K | $899.5K | 22% |
| Price per sq ft | $611 | $751 | 25% |
| Built year | 1987 | 2004 | 39% |
| HOA | $667.69 | $639 | 58% |
| Days on market | 290 | 193 | 89% |
Pricing History
Listed for Sale
Dec 24, 2025
$599,950
Initial Listing
Price Change
May 20, 2025
$660,000
Initial Listing