HOA Dues Include ALL Utilites!
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497 South El Molino Avenue, 310, Pasadena, CA 91101

$650K2bd · 2ba · 1,019 sqft
Lot 25,749 sqft•HOA $680.6/mo•Condominium•
Active
•35d on market•MLS# P1-28742

Property Description

Pasadena Perfect! HOA FEE INCLUDES ALL UTILITIES! Extensively remodeled, turn-key top floor, corner residence in El Molino Arms with no one above and only one common wall. Extending well beyond cosmetic finishes, this studs-out metamorphosis boasts new hydronic HVAC, electrical panel & wiring, copper plumbing, insulation, closet and storage systems, recessed lighting, plantation shutters, hypoallergenic carpeting and more! This stunning, sun drenched 2-bedroom, 2-bath residence features a smart, spacious open floor plan with tree top views all around. The remodeled kitchen wows with new name brand stainless steel appliances, a gas stove that vents out, lush wood & glass cabinetry with built-in storage system, premium lighting and ash-veneer wood counter tops all flowing seamlessly into the inviting dining and relaxing living areas swathed in light from the wall-to-wall windows. And for chilly nights there's even a cozy gas fireplace. Chic plantation shutters elevate the entire space and home. The ample, southern exposure ensuite primary bedroom with to-the-horizon views has a full bath; and the roomy secondary bedroom with south & west facing views enjoys easy access to the second bath just off the hallway with storage closet; all closets have smart storage systems. Both baths boast new fixtures, cabinets and Toto toilets with bidets. Community features include controlled entry and gated garage access, community laundry with new W/D and smart app, patio with BBQs and a recreation room with fireplace, wet bar and game table. One assigned parking space with a storage unit rounds it all out. The cleverly cost effective HOA amenities include: ALL of your ELECTRICITY, GAS, WATER and TRASH, building and earthquake insurance, landscaping and common area maintenance. And, Location! Location! Location! Ideally set in a pedestrian friendly, tree-lined Pasadena neighborhood near Caltech, The Huntington, South Lake Avenue shopping and dining, Playhouse Village, Old Pasadena and the Metro A Line. Enjoy easy access to restaurants, coffee shops, markets, parks and cultural destinations while coming home to a quiet, private, bright, top-floor, corner, standout residence. An improved price and extensive upgrades make this a compelling opportunity. Schedule your showing today! Submission Guidelines and Disclosures Link: https://hlm.homelight.com/link/497-South-El-Molino-Avenue-310-sow5zye0.

Features & Amenities

Not ApplicableFeeBuilt 1972

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Garage Spaces
1
Heating
See Remarks, Central, ENERGY STAR Qualified Equipment, Fireplace(s)
Cooling
Central Air, ENERGY STAR Qualified Equipment, See Remarks
View
Courtyard, Trees/Woods, See Remarks
Flooring
Carpet, See Remarks
City
Pasadena
Zip Code
91101
County
Los Angeles
Listed byBHHS California Properties, Xavier Inguanzo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,286.75
Principal & Interest
Loan Amount
$520,000
Total Interest
$663,231
Total Payment Over 30 Years
$1,183,231
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, 310, Pasadena, CA 91101

Not Applicable · Pasadena · Condominium

$650K
Affordable Tier
Beds
2
Baths
2
Sqft
1,019
Lot
25,749 sqft
Year
1972
$/Sqft
$638
Pool: No✓
Spa: No✓
View: Courtyard, Trees/Woods, See Remarks✓
Garage: 1-car✓

Listed 3.7% below the median closed sale of $675,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $650K· $638/sqft
Total list price
Closed comps
vs closed median $675K
−$25K (−3.7%)
Active comps
vs active median $475K
+$175K (+36.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $560
+$78 (+14.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
497 El Molino AvenuePasadena19722296925,757$555$538,0008797
277 Pleasant StreetPasadena19731288232,947$539$475,0003289
77 Michigan AvenuePasadena19882291315,132$623$569,0002086
430 HollistonPasadena19882285530,068$526$450,0007984
1127 Del Mar BoulevardPasadena1967118440$555$468,0004583
Total: 5 · Average1.61.8892.625,976$559.6$500,00052.6
Median882$475,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
355 Los Robles AvenuePasadena197209/30/2026229270$559,000$559,000$6031.0012794
277 Pleasant StreetPasadena197309/21/2026221,10832,958$715,000$675,000$6090.943392
1115 Cordova StreetPasadena196309/09/2026221,0970$625,000$615,000$5610.983791
395 Cliff DrivePasadena196109/25/2026221,09420,611$750,000$730,000$6670.976290
484 EuclidPasadena198209/29/2026221,15525,168$729,000$729,000$6311.004490
Total: 5 · Average2.02.01,076.226,245.667$661,600$661,600$614.2—60.6
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.