420 S Madison 304
Pasadena, CA, 91101
$575,000
MLS: AR26040485
Beds
1
Baths
2
Sq Ft
983
Lot
1.15 ac
Year Built
1970
MLS #
AR26040485
Days on Market
54
Listed
Feb 24, 2026
Description
This turnkey, top-level 1-bed, 2-bath condominium is located in a prime Pasadena location in close proximity to the South Lake Ave business district, Old Pasadena, Cal Tech, PCC, the 210 & 110 FWYs. Located on the 3rd floor (no one above you), this unit has recently been remodeled with brand new flooring, paint, and kitchen appliances. Enter into the spacious living area with a cozy fireplace, adjacent dining area, and large balcony. There is a large utility/storage closet just inside the entrance, as well. The kitchen has an abundance of cabinetry and a brand new double-oven, electric range, range hood and dishwasher. At the rear of the kitchen is a large walk-in pantry. The hallway has a powder room for guests and additional storage in the hallway closets. The large primary suite has an attached full bathroom and plenty of closet space. This well-maintained HOA complex features gated subterranean parking, a large community laundry room, common area landscaping, patio areas, and a sparkling pool & spa. The premier parking space for this unit is oversized and directly next to the elevators, for extra convenience. Why pay rent, when you could own this fabulous condominium with low maintenance in a convenient location?
Location
Pasadena, Los Angeles County, CA 91101
Open on Google Maps ↗Listed by: Dean Griffith · Coldwell Banker Realty
Payment estimate
$4,294
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $57,500 · Loan: $517,500
- Principal & Interest
- $3,180
- Property tax (1.25%)
- $599
- Homeowners insurance
- $300
- Mortgage insurance
- $216
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 $20,125 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.
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