227 Madison 205
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227 South Madison Avenue, 205, Pasadena, CA 91101

$719K2bd · 2ba · 1,145 sqft
HOA $680/mo•Condominium•
Active
•20d on market•MLS# P1-28968

Property Description

Welcome to The Madison, a beautifully renovated and move-in-ready 2-bedroom, 2-bathroom BACK END CORNER condo ideally located in Pasadena's highly desirable Playhouse District, between the South Lake Shopping District and Paseo Colorado. Tucked away on a peaceful, tree-lined street, this north-facing home offers abundant natural light, a smart and open 1,145-square-foot floor plan, and the comfort and convenience of modern California living. Step inside to discover updated flooring, recessed lighting, and an inviting living area with custom built-in cabinetry and fireplace. The remodeled kitchen features quartz countertops, custom wood cabinetry, and stainless-steel appliances. Both spacious bedrooms are thoughtfully positioned for privacy, with the primary suite offering an en-suite bathroom and a custom walk-in closet with built-ins. A second full bathroom is conveniently located off the hallway for guests or family. Additional features include IN-UNIT laundry, central AC and heat, and modern fixtures throughout. The Madison offers resort-style amenities including a relaxing pool, spa/jacuzzi, sauna, gym, clubhouse/recreation room, and restrooms. Secure gated subterranean parking provides two tandem parking spaces along with dedicated storage. Earthquake & Fire Insurance, water, & trash are also included as part of the HOA. Enjoy an exceptional central Pasadena lifestyle with easy access to Urth Caffé, the AC Hotel rooftop bar, South Lake shopping, Trader Joe's, Old Town Pasadena, The Paseo, the Metro Gold Line, Caltech, and Pasadena City College. Whether you're looking for a stylish primary residence, or a highly desirable rental property, this turnkey condo offers an outstanding opportunity to own in one of Pasadena's most vibrant and sought-after neighborhoods.

Features & Amenities

FeeBuilt 1982

Property Details

Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Condominium
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
Mountain(s)
Flooring
Laminate
City
Pasadena
Zip Code
91101
County
Los Angeles
Listed byBHHS California Properties, Jeff B Fisher

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,635.66
Principal & Interest
Loan Amount
$575,200
Total Interest
$733,636
Total Payment Over 30 Years
$1,308,836
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

227 South Madison Avenue, 205, Pasadena, CA 91101

Pasadena · Condominium

$719K
Affordable Tier
Beds
2
Baths
2
Sqft
1,145
Lot
0 sqft
Year
1982
$/Sqft
$628
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 6.5% above the median closed sale of $675,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $719K· $628/sqft
Total list price
Closed comps
vs closed median $675K
+$44K (+6.5%)
Active comps
vs active median $558K
+$161K (+28.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $572
+$56 (+9.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
300 El Molino AvenuePasadena19872298252,535$568$558,0004090
430 Holliston AvenuePasadena19882297330,059$550$535,0003286
430 HollistonPasadena19882297430,068$594$579,0005186
430 HollistonPasadena19882285530,068$526$450,0007985
77 Michigan AvenuePasadena19882291315,132$623$569,0002085
Total: 5 · Average2.02.0939.431,572.4$572.2$538,20044.4
Median973$558,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
484 EuclidPasadena198209/29/2026221,15525,168$729,000$729,000$6311.004493
1115 Cordova StreetPasadena196309/09/2026221,0970$625,000$615,000$5610.983788
159 Green StreetPasadena200609/30/2026221,09614,744$775,000$750,000$6840.979887
277 Pleasant StreetPasadena197309/21/2026221,10832,958$715,000$675,000$6090.943387
586 Orange GrovePasadena197710/01/202622961167,512$550,000$618,000$6431.126187
Total: 5 · Average2.02.01,083.460,095.5$677,400$677,400$625.6—54.6
Median1,097$675,000$675,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.