Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

217 S Marengo 304

Pasadena, CA, 91101

1 / 28View all 28 photos

$549,000

MLS: GD26045067

Beds

1

Baths

1

Sq Ft

550

Lot

0.35 ac

Year Built

2008

MLS #

GD26045067

Days on Market

29

Listed

Mar 2, 2026

Description

Located In The Heart Of Pasadena * The Luxurious Cinema Lofts * 3rd Floor Unit With Mountain/City Views Off The Private Balcony * 1 Bedroom / 1 Bathroom * 550sqft * 2008 Built * Sleek Modern Feel * Stylish Epoxy Concrete Floors * High Ceilings * Central A/C & Heat * Laundry Inside * All Appliances Included * Tankless Water Heater * Alarm Ready * HOA $313/m * 1 Car Parking * Guest Parking * Located Close To Old Town Pasadena, Paseo Colorado, Whole Foods, Trader Joe’s & The Metro Gold Line

Location

Pasadena, Los Angeles County, CA 91101

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Listed by: Artin Sarkissian · The Art In Real Estate

Payment estimate

$4,114

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $54,900 · Loan: $494,100

%
Principal & Interest
$3,036
Property tax (1.25%)
$572
Homeowners insurance
$300
Mortgage insurance
$206
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $19,215 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.

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