227 S Madison Avenue 205
Pasadena, CA, 91101
$719,000
MLS: P1-28968
Beds
2
Baths
2
Sq Ft
1,145
Lot
—
Year Built
1982
MLS #
P1-28968
Days on Market
20
Listed
Sep 24, 2026
Description
Welcome to The Madison, a beautifully renovated and move-in-ready 2-bedroom, 2-bathroom BACK END CORNER condo ideally located in Pasadena's highly desirable Playhouse District, between the South Lake Shopping District and Paseo Colorado. Tucked away on a peaceful, tree-lined street, this north-facing home offers abundant natural light, a smart and open 1,145-square-foot floor plan, and the comfort and convenience of modern California living.Step inside to discover updated flooring, recessed lighting, and an inviting living area with custom built-in cabinetry and fireplace. The remodeled kitchen features quartz countertops, custom wood cabinetry, and stainless-steel appliances. Both spacious bedrooms are thoughtfully positioned for privacy, with the primary suite offering an en-suite bathroom and a custom walk-in closet with built-ins. A second full bathroom is conveniently located off the hallway for guests or family. Additional features include IN-UNIT laundry, central AC and heat, and modern fixtures throughout.The Madison offers resort-style amenities including a relaxing pool, spa/jacuzzi, sauna, gym, clubhouse/recreation room, and restrooms. Secure gated subterranean parking provides two tandem parking spaces along with dedicated storage. Earthquake & Fire Insurance, water, & trash are also included as part of the HOA.Enjoy an exceptional central Pasadena lifestyle with easy access to Urth Caffe, the AC Hotel rooftop bar, South Lake shopping, Trader Joe's, Old Town Pasadena, The Paseo, the Metro Gold Line, Caltech, and Pasadena City College. Whether you're looking for a stylish primary residence, or a highly desirable rental property, this turnkey condo offers an outstanding opportunity to own in one of Pasadena's most vibrant and sought-after neighborhoods.
Location
Pasadena, Los Angeles County, CA 91101
Open on Google Maps ↗Listed by: Jeff Fisher · BHHS California 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
$6,479
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $71,900 · Loan: $647,100
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,480
- Property tax (1.25%)
- $749
- Homeowners insurance
- $300
- Mortgage insurance
- $270
- HOA dues
- $680
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 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $25,165 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 91101 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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