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ActiveCondominium

420 S Madison Avenue 204

Pasadena, CA, 91101

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$499,000

Original list price: $539,000

MLS: P1-28472

Beds

1

Baths

2

Sq Ft

983

Lot

1.15 ac

Year Built

1970

MLS #

P1-28472

Days on Market

56

Listed

Aug 20, 2026

Description

Unbeatable Location in Pasadena! Nestled perfectly between the coveted Madison Heights and the vibrant Playhouse District, and near PCC and Caltech, this light-filled, single-level condo offers 1 bedroom, 2 bathrooms, and sweeping treetop and mountain views. Step into an expansive living area framed by a wall of windows that floods the home with natural light. Upgrades include fresh paint and brand-new, tasteful carpeting throughout the living space and bedroom. The light and bright dining area flows effortlessly into a galley kitchen equipped with all-electric appliances, featuring a new cooktop and refrigerator, plus a generous pantry. Storage is a breeze thanks to an oversized entryway closet and a separate linen closet. Relax on your private deck, stay cool year-round with central A/C, or take advantage of the building's sparkling pool, spa, and sun deck with lounge chairs and shaded dining tables. Additional complex amenities include an elegant lobby, secure elevator access, reserved and guest parking, bike storage, and a community laundry facility with private detergent lockers. Leave your car behind and immerse yourself in Pasadena's best dining and nightlife. You're just moments from Colorado Blvd and South Lake Ave, home to local favorites like Granville, HiHo Cheeseburger, Urth Cafe, Star Leaf, and Erewhon to name a few. Welcome home!

Location

Pasadena, Los Angeles County, CA 91101

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Listed by: Tracy Macrum · COMPASS

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

$4,586

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $49,900 · Loan: $449,100

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$3,109
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
HOA dues
$470
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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 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

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 $17,465 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.

Similar Homes Nearby

Active and pending listings in ZIP 91101 (Pasadena)within ±10% of this home's price and size.

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

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.