111 S De Lacey Avenue 409
Pasadena, CA, 91105
$1,580,000
MLS: P1-29145
Beds
2
Baths
3
Sq Ft
2,187
Lot
0.54 ac
Year Built
2007
MLS #
P1-29145
Days on Market
17
Listed
Oct 7, 2026
Description
Rare opportunity to own your dream home in the heart of Old Town Pasadena, located in the historic Friend Paper Company building. This stunning contemporary residence combines sophisticated design, abundant natural light, and exceptional indoor-outdoor living. The spacious living and dining areas feature soaring ceilings, floor-to-ceiling windows, and a custom stainless-steel tile facade fireplace complemented by elegant seagrass limestone flooring. Natural light fills the home, creating a bright, warm, and inviting atmosphere. A private balcony off the living area provides the perfect setting for afternoon tea, entertaining, or relaxing while enjoying beautiful sunset views.The gourmet kitchen is a true chef's delight, featuring top-of-the-line appliances, a generous center island, and exceptional attention to detail throughout. Near the entrance, a staircase leads to an open loft area that is ideal for a home office, creative space, or additional lounge area. The luxurious primary suite offers direct access to its own private balcony with open views. The spa-like primary bathroom features dual-sink vanities with abundant storage, a separate soaking tub and shower, and a spacious walk-in closet. The generously sized second bedroom also features its own private bathroom.Additional conveniences include a separate laundry room, hallway storage, a walk-in closet, and ample additional storage. The property also includes four assigned side-by-side underground parking spaces and a dedicated storage space at the garage level--an exceptional and rare amenity in Old Town Pasadena.Enjoy the best of Pasadena right outside your door, with an outstanding location just moments from renowned restaurants, charming coffee shops, theaters, boutique shopping, parks, museums, the Rose Bowl, Metro lines, and the iconic Rose Parade route.Experience the perfect blend of historic character, contemporary luxury, and an unbeatable Old Town Pasadena lifestyle.
Location
Pasadena, Los Angeles County, CA 91105
Open on Google Maps ↗Listed by: Yvonne Chien · RE/MAX Premier Properties
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$13,348
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $158,000 · Loan: $1,422,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,768
- Property tax (1.25%)
- $1,646
- Homeowners insurance
- $300
- Mortgage insurance
- $593
- HOA dues
- $1,042
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $55,300 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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