300 N El Molino Avenue 309, Pasadena, California 91101, Pasadena, 91101 - bed, 1 bath
ACTIVE$399,000
300 N El Molino Avenue 309, Pasadena, California 91101
0Bed
1Bath
450Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Pasadena Location: The property boasts an unbeatable location in Pasadena, offering easy access to key landmarks like City Hall, popular eateries (Vroman's, Urth Cafe), the Playhouse District, PCC, and seamless freeway commuting.
Top Cons:
Compact Studio Size: At only 450 sqft, the studio offers limited living space, which may not suit all buyers, particularly those needing more room or planning for future growth.
Compared to the nearby listings
Price:$399.0K vs avg $760.0K ($-361,000)1%
Size:450 sqft vs avg 1,023 sqft1%
Price/sqft:$887 vs avg $71267%
More Insights
Built in 1987 (38 years old).
Condition: The property, built in 1987, is clean and well-maintained with updated dark hardwood flooring and recessed lighting in the main living area. However, the kitchen features dated light wood cabinets, an older black gas range, and basic speckled countertops, which are functional but not modern. The bathroom has updated fixtures but a basic fiberglass tub/shower insert. While move-in ready, the kitchen and bathroom show signs of being outdated and would require minor updates to meet current aesthetic standards, aligning with the 'fair' condition criteria for a property of its age with some updates but not a full recent renovation.
Year Built
1987
Close
-
List price
$399K
Original List price
$419K
Price/Sqft
$887
HOA
$605.94
Days on market
-
Sold On
-
MLS number
P1-23124
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Pool
Spa
ViewMountain(s)
About this home
Sleek studio with mountain views in a prime Pasadena location. This stylish studio offers the perfect blend of modern comfort and unbeatable convenience. Located in a complex with resort-like amenities, residents enjoy access to a pool, spa, sauna, gym, recreation room with kitchenette and a mail room. The unit faces the majestic San Gabriel Mountains offering a lovely view. Inside, enjoy a well-appointed space designed for efficiency and effortless living. This unit is ideal for a first time buyer or anyone seeking a smart city retreat. Just minutes from Pasadena City Hall, Vroman's, Urth Cafe, the Playhouse District, PCC, with easy freeway access for seamless commuting. Lifestyle, location and low-maintenance- this studio has it all.
Condition Rating
Fair
The property, built in 1987, is clean and well-maintained with updated dark hardwood flooring and recessed lighting in the main living area. However, the kitchen features dated light wood cabinets, an older black gas range, and basic speckled countertops, which are functional but not modern. The bathroom has updated fixtures but a basic fiberglass tub/shower insert. While move-in ready, the kitchen and bathroom show signs of being outdated and would require minor updates to meet current aesthetic standards, aligning with the 'fair' condition criteria for a property of its age with some updates but not a full recent renovation.
Pros & Cons
Pros
Prime Pasadena Location: The property boasts an unbeatable location in Pasadena, offering easy access to key landmarks like City Hall, popular eateries (Vroman's, Urth Cafe), the Playhouse District, PCC, and seamless freeway commuting.
Resort-Style Amenities: Residents benefit from a comprehensive suite of resort-like amenities within the complex, including a pool, spa, sauna, gym, recreation room with kitchenette, and a mail room, enhancing lifestyle and value.
Scenic Mountain Views: The unit features lovely, unobstructed views of the majestic San Gabriel Mountains, adding significant aesthetic appeal and a sense of tranquility.
Modern & Efficient Design: Described as a 'sleek' and 'stylish' studio, the unit is well-appointed and designed for modern comfort and efficient, effortless living, appealing to those seeking a minimalist or city retreat.
Ideal for Specific Buyers: Positioned as perfect for a first-time buyer or someone seeking a low-maintenance city retreat, indicating a clear market niche and ease of upkeep.
Cons
Compact Studio Size: At only 450 sqft, the studio offers limited living space, which may not suit all buyers, particularly those needing more room or planning for future growth.
High Monthly Association Fees: The association fee of $605.94 per month is substantial for a studio unit of this size, significantly impacting the overall cost of ownership.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price, which could suggest initial overpricing or a slower-than-expected market response.