300 N El Molino Avenue 308
Pasadena, CA, 91101
$558,000
Original list price: $588,000
MLS: AR26189335
Beds
2
Baths
2
Sq Ft
982
Lot
1.21 ac
Year Built
1987
MLS #
AR26189335
Days on Market
43
Listed
Sep 1, 2026
Description
***MAJOR PRICE REDUCTION***Motivated seller, easy to show. Welcome to El Molino Terrace in Pasadena’s desirable Playhouse District! This beautifully maintained 2-bedroom, 2-bathroom condo offers approximately 982 sq. ft. of comfortable living space with an open floor plan, 9-ft ceilings, recessed lighting, crown moldings, and abundant natural light. The inviting living room features a cozy fireplace and opens to the dining area and updated kitchen with granite countertops, beautiful cabinetry, stainless-steel appliances, and a gas range. A convenient in-unit stackable washer and dryer is located in the kitchen closet. The two spacious bedroom suites are positioned on opposite sides of the unit, each with a private full bathroom and walk-in closet, which provides excellent privacy. Step onto the private balcony to enjoy your morning coffee or unwind. Additional features include central air and heat, ample storage, and two assigned subterranean parking spaces with elevator access. Guest parking is also available. Community amenities include a pool and spa, fitness center, sauna, BBQ area, and a recreation/media room, perfect for relaxing or entertaining. It is ideally located near the Pasadena Playhouse, Playhouse Village, Paseo Colorado, Old Pasadena, Lake Avenue shopping and dining, the Metro Gold Line, and the 210 Freeway. Move-in ready and a wonderful opportunity to enjoy the best of Pasadena living!
Location
Pasadena, Los Angeles County, CA 91101
Open on Google Maps ↗Listed by: Pauline Cheng · Re/Max Premier 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
$5,326
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $55,800 · Loan: $502,200
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,477
- Property tax (1.25%)
- $581
- Homeowners insurance
- $300
- Mortgage insurance
- $209
- HOA dues
- $758
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 $19,530 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
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