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497 South El Molino Avenue, 205, Pasadena, CA 91101

$538K2bd · 2ba · 969 sqft
Lot 25,757 sqft•HOA $657.49/mo•Condominium•
Active
•90d on market•MLS# AR-26155200

Property Description

HOA fee includes electricity, gas, water, trash, facility maintenance, and earthquake insurance, providing exceptional value and low maintenance living. Welcome to this move in ready 2 bed 2 bath condo, ideally situated on a quiet, tree-lined street in the heart of Pasadena, adjacent to the highly desirable Madison Heights neighborhood. Offering a bright and functional floor plan, this inviting home combines tasteful upgrades with an unbeatable central location. The spacious living room features a cozy fireplace, abundant natural light from its sunny southern exposure, and flows seamlessly into the dining area. The kitchen showcases white shaker cabinetry, stylish countertops, and is equipped with stainless steel appliances including a stove, dishwasher, refrigerator, and beverage fridge. The generous primary suite offers two large closets and a private ensuite bathroom, while the well sized second bedroom is filled with natural light from a large sliding glass door. Both bedrooms enjoy direct access to a private balcony overlooking mature palm trees with picturesque views of the San Gabriel Mountains. The updated hallway bathroom features a modern vanity with storage, recessed lighting, and a beautifully finished glass enclosed shower. Additional highlights include central heating and air conditioning with a smart thermostat. This unit comes with 1 assigned parking spot in the gated underground garage. The community offers onsite laundry facilities with brand new laundry machines, a community BBQ area with patio seating, and beautifully maintained common areas. Conveniently located from the 210 and 110 freeways, South Lake Avenue, Old Town Pasadena, the Playhouse District, Caltech, the Metro A Line, and countless shopping, dining, and entertainment destinations. This turnkey residence presents an outstanding opportunity to enjoy the very best of Pasadena living.

Features & Amenities

FeeBuilt 1972

Property Details

Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Peek-A-Boo
Flooring
Carpet, Laminate
City
Pasadena
Zip Code
91101
County
Los Angeles
Listed byPinnacle Real Estate Group, David Zhiyuan Wang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,720.42
Principal & Interest
Loan Amount
$430,400
Total Interest
$548,951
Total Payment Over 30 Years
$979,351
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

497 South El Molino Avenue, 205, Pasadena, CA 91101

Pasadena · Condominium

$538K
Affordable Tier
Beds
2
Baths
2
Sqft
969
Lot
25,757 sqft
Year
1972
$/Sqft
$555
Pool: No✓
Spa: No✓
View: Peek-A-Boo✓
Garage: 1-car✓

Listed 12.9% below the median closed sale of $618,000. Price per sqft ($555) is a 10% discount to closed comps ($617). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $538K· $555/sqft
Total list price
Closed comps
vs closed median $618K
−$80K (−12.9%)
Active comps
vs active median $450K
+$88K (+19.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $516
+$39 (+7.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
277 Pleasant StreetPasadena19731288232,947$539$475,0003190
430 HollistonPasadena19882285530,068$526$450,0007886
2386 Del Mar BoulevardPasadena1973118850$469$415,0005384
1127 Del Mar BoulevardPasadena1967118440$555$468,0004484
355 Los Robles AvenuePasadena19722187678,143$490$429,0001083
Total: 5 · Average1.41.4868.447,052.667$515.8$447,40043.2
Median876$450,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
355 Los Robles AvenuePasadena197209/30/2026229270$559,000$559,000$6031.0012796
277 Pleasant StreetPasadena197309/21/2026221,10832,958$715,000$675,000$6090.943390
1115 Cordova StreetPasadena196309/09/2026221,0970$625,000$615,000$5610.983789
586 Orange GrovePasadena197710/01/202622961167,512$550,000$618,000$6431.126189
395 Cliff DrivePasadena196109/25/2026221,09420,611$750,000$730,000$6670.976288
Total: 5 · Average2.02.01,037.473,693.667$639,400$639,400$616.6—64
Median1,094$618,000$618,000

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.