ActiveCondominium

238 S Arroyo Parkway 316

Pasadena, CA, 91105

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$529,000

MLS: P1-26758

Beds

1

Baths

1

Sq Ft

590

Lot

Year Built

2008

MLS #

P1-26758

Days on Market

1

Listed

Apr 22, 2026

Description

Experience modern urban living in this turnkey studio condominium. It is ideally located near Historic Old Town Pasadena, Pasadena City Hall, the Civic Center, popular restaurants, designer shops, Rose Bowl Stadium, and the Del Mar Gold Line Train Station. Enjoy the convenience of coming and going as you live in the secure gated community. The open floor concept provides simple living at its best. Natural sunlight streams in through the west-facing glass windows and slider. Step out onto the balcony, which overlooks the gardens and common grounds. The unit features KitchenAid brushed stainless-steel built-in appliances, a washer and dryer, quartz countertops, and polished concrete floors. There is a separate full bathroom with a soaker tub and shower above. The built-in closet and dressing area add functionality, and the in-unit laundry adds convenience. The unit comes with one parking space. Residents also enjoy access to a common exercise room and patios for gatherings with company and neighbors.

Location

Pasadena, Los Angeles County, CA 91105

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Listed by: Pete Whan · Pete Whan and Associates, Inc.

Payment estimate

$3,975

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $52,900 · Loan: $476,100

%
Principal & Interest
$2,925
Property tax (1.25%)
$551
Homeowners insurance
$300
Mortgage insurance
$198
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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 $18,515 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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