240 S Mentor 2
Pasadena, CA, 91106
$848,000
MLS: AR26075868
Beds
2
Baths
3
Sq Ft
1,485
Lot
—
Year Built
1991
MLS #
AR26075868
Days on Market
7
Listed
Apr 9, 2026
Description
This spacious move-in ready condo is located near many of Pasadena's finest restaurants and fabulous shopping. South Lake Avenue calls! And less than a mile to Caltech, Metro and PCC. Behind gated access, your front door reveals a formal entry. Your light and bright living room has a full mature tree providing filtered daylight. The living room is large and the ambiance is enhanced by the sleek fireplace. The large kitchen serves several options for meals. Continental breakfast can be out of doors on your balcony. The breakfast nook can double for homework or hobbies. More formal meals can be enjoyed under the soft light in the official dining area. There is additional outdoor space in the back patio. Upstairs are two bright en suite bedrooms with soaring vaulted ceilings and plenty of storage. The private secure garage has two spots for side-by-side parking. Your laundry is also in the garage. Just think; you can shop at Erewhon each and every day! Take advantage of this fabulous opportunity to enjoy what Pasadena has to offer in the always vibrant South Lake Avenue district.
Location
Pasadena, Los Angeles County, CA 91106
Open on Google Maps ↗Listed by: Susan Stone · Coldwell Banker Realty
Payment estimate
$6,191
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,800 · Loan: $763,200
- Principal & Interest
- $4,689
- Property tax (1.25%)
- $883
- Homeowners insurance
- $300
- Mortgage insurance
- $318
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 $29,680 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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