
Pasadena, California 91101
Analysis of 300 N El Molino Avenue 301, Pasadena, California 91101 is currently available with a list price of $399,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1987 (>30 years old), the property is currently in a mid-renovation state and is not move-in ready. While it features a new HVAC system and bathroom vanity, the interior has significant unfinished work including missing flooring, incomplete paint, and a dated kitchen that requires a full rehab to be functional.
The property is ideally situated within walking distance to Old Pasadena, South Lake Avenue, Caltech, and the Metro Gold Line, offering unparalleled access to dining, shopping, and transit.
As a top-floor corner unit, this residence benefits from higher ceilings, enhanced privacy, and scenic treetop views, which are premium features in a condominium setting.
With major mechanical upgrades like a new HVAC system already installed, the unfinished interior allows a buyer to build immediate equity by selecting their own custom flooring and paint.
The monthly association fee of $705 is relatively high for a one-bedroom unit of this size, which may deter budget-conscious buyers or impact financing qualification.
The property requires immediate post-closing investment and labor to finish flooring and paint, making it unsuitable for buyers looking for a turnkey, move-in-ready home.
Welcome to 300 N. El Molino Avenue #301, a rare opportunity to customize a top-floor corner condominium in one of Pasadena's most desirable neighborhoods. Featuring higher ceilings and treetop views, this light filled 1 bedroom, 1 bath residence enjoys an elevated top-floor location that enhances both natural light and privacy.Ideally located just moments from Old Pasadena, South Lake Avenue, Caltech, the Metro Gold Line, shopping, dining, entertainment, and convenient freeway access, you'll enjoy the best of Pasadena right outside your door.The seller has already completed several of the major improvements, leaving the fun part for the new owner. Recent upgrades include a new HVAC system, new bathroom vanity, and new stackable washer and dryer. Renovations were started but not completed, providing the perfect opportunity to select your own flooring and paint colors and truly make the home your own.Residents enjoy a host of resort-style amenities, including a sparkling pool, spa, fitness center, sauna, and community recreation room. The home also includes one designated parking space.Whether you're a first time buyer, investor, or someone looking to personalize a home in an unbeatable location, this top floor Pasadena condo offers exceptional potential, comfort, and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 736 | 1,147 |
| Lot Size | - | 32,928.5 |
| Price | $399.0K | $802.4K |
| Price per sq ft | $542 | $651 |
| Built year | 1987 | 1973 |
| HOA | $705.0 | $620 |
| Days on market | 33 | 51 |
Jun 19, 2026
$399,000
Initial Listing
Nov 1, 2019
$325,000
Public Record
Aug 27, 2004
$320,000
Public Record