Under ContractCondominium

300 N El Molino Avenue 118

Pasadena, CA, 91101

1 / 52View all 52 photos

$599,950

MLS: AR25085305

Beds

2

Baths

2

Sq Ft

982

Lot

1.21 ac

Year Built

1987

MLS #

AR25085305

Days on Market

314

Listed

May 20, 2025

Description

Excellent opportunity to own a ground level 2-bedroom condo that is steps to the pool and is centrally located to everything that Pasadena has to offer. When you enter the unit, you will be flanked by each of the bedroom suites on each side and be immediately in the dining area. I love that the unit has an open communal area. The kitchen opens up to the living room and dining room space. Plus the unit has high ceilings. There is a sliding door at the edge of the living room that leads to the outdoor patio. The washer and dryer is also located inside the unit! Building amenities include: a peaceful central courtyard, pool and spa, sauna, fully equipped gym, and a community recreation room with kitchenette ideal for small gatherings. Minutes away is the Pasadena Playhouse, Paseo Colorado, Pasadena Community College, Old Town Pasadena, and the shops on Lake. Easy access to the 210 freeway. Unit comes with two parking spots #90 & #91. Please see attached supplements for: property inspection report and seller disclosures. Nobody passed away in the unit.

Location

Pasadena, Los Angeles County, CA 91101

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Listed by: Douglas Lee · COMPASS

Payment estimate

$4,468

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,995 · Loan: $539,955

%
Principal & Interest
$3,318
Property tax (1.25%)
$625
Homeowners insurance
$300
Mortgage insurance
$225
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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 $20,998 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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