300 N El Molino Avenue N 107, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 2 bath
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Pasadena, California 91101
This condominium presents a High-Potential Investment Opportunity, listed at $599,900—positioned well above the $532,415 Fair Market Value by -12%. While currently priced above market, the property offers a Functional Dual En-suite Layout and Comprehensive Community Amenities including a pool, spa, and gym. With a Poor Condition Rating due to its 1987 build date, this asset requires modernization to maximize rental yields in the high-demand Pasadena market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime urban location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 N El Molino Avenue N 107 Subject | $599,900* List Price | 2 | 2 | 1,035 | $514 | - |
A 300 N El Molino Avenue 319 Sold | $585,000 | 2 | 2 | 982 | $596 | 0.0 mi |
B 360 S Euclid Avenue S 219 Sold | $500,000 | 2 | 2 | 1,040 | $481 | 0.8 mi |
C 355 S Los Robles Avenue 108 Sold | $475,000 | 2 | 2 | 1,040 | $457 | 0.8 mi |
D 360 S Los Robles Active Under Contract | $749,000 List Price | 2 | 2 | 1,033 | $725 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1987 (37 years old) and the listing lacks any mention of recent renovations or updates to the kitchen, bathrooms, or major systems. Per the criteria, properties over 30 years old without significant modernization are classified as poor condition, likely requiring rehab or major updates to meet modern standards.
Situated in the heart of Pasadena, this property offers exceptional walkability to Old Pasadena, Lake Avenue, Caltech, and the Metro, providing residents with immediate access to premier dining, shopping, and transit.
The floor plan features two private en-suite bedrooms and in-unit laundry, a highly desirable configuration that maximizes privacy and convenience for roommates or guests.
The complex provides a robust amenity package including a pool, spa, sauna, and gym, along with two dedicated parking spaces, which is a significant value-add for a condominium in a dense city center.
The association fee of $764.74 is relatively high for the price point, which may deter budget-conscious buyers and impact overall monthly affordability.
The listing indicates no designated view, and as a lower-level unit (#107), it may suffer from limited natural light and reduced privacy compared to higher-floor units.
Location, amenities, privacy( 2BR/2BA, 1035 unit in thw heart of beautiful Pasadena, 2 en-suite BR/BA + in-uni W/D and a private patio, plus 2 parking spaces. Complex boasts pool, spa, sauna & gym. Minutes from Old Pasadena, Lake Ave, Caltech, Huntington Gradens, Paseo Colorado, restaurants & Metro. Seller will consider carrying a 1st TD and/or help with closing costs. Also available for lease, whichever comes first ($3400/month) Viewing may be possible with 24hr notice while in "coming soon" status, .
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,035 | 1,153.5 | 34% |
| Lot Size | 52,535 | 18,730.801 | 84% |
| Price | $599.9K | $869.5K | 18% |
| Price per sq ft | $580 | $709 | 11% |
| Built year | 1987 | 1988 | 48% |
| HOA | $764.74 | $623 | 77% |
| Days on market | 0 | 155 | 4% |
May 11, 2026
$599,900
Initial Listing
May 10, 2026
$619,900
Initial Listing
Sep 21, 2011
$260,500
Public Record
Apr 28, 2004
$348,000
Public Record