ActiveSingleFamilyResidence

1250 N El Molino Avenue

Pasadena, CA, 91104

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$1,200,000

MLS: OC26124305

Beds

3

Baths

2

Sq Ft

1,568

Lot

0.17 ac

Year Built

1925

MLS #

OC26124305

Days on Market

8

Listed

Jun 8, 2026

Description

Fixer-Upper with Incredible Potential! Opportunity knocks at this classic Pasadena property ready for its next chapter. Featuring approximately 1,568 square feet of living space on a generous 7,520 square foot lot, this 3-bedroom, 2 -bath home offers endless possibilities for renovation, restoration, or customization. A rare highlight is the large basement, providing valuable additional space for storage, a workshop, creative use, or future possibilities (buyer to verify). Bring your vision and transform this property into something truly special. Whether you're looking to restore its original character, modernize the interior, or explore expansion opportunities, the spacious lot and versatile floor plan create a wide range of options. Located in a desirable Pasadena neighborhood close to shopping, dining, parks, schools, and major commuter routes. This property is being sold in its present condition and presents a unique chance to create value in one of Pasadena's most sought-after communities. Don't miss this opportunity to unlock the full potential of this charming home.

Location

Pasadena, Los Angeles County, CA 91104

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Listed by: Christina Girgis · E Realty

Payment estimate

$8,841

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$6,841
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $42,000 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

See Pasadena, CA 91104 market trends →

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

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.