485 S Madison Avenue 7
Pasadena, CA, 91101
(No pictures available yet)
$649,000
MLS: P1-27120
Beds
2
Baths
2
Sq Ft
1,229
Lot
—
Year Built
1962
MLS #
P1-27120
Days on Market
1
Listed
May 12, 2026
Description
Located in Pasadena's highly desirable Madison Heights neighborhood, this spacious single-level condominium is one of just seven residences in a beautifully maintained 1962 complex. A private staircase entry leads to a bright and airy living room with direct access to a private terrace, creating an inviting indoor-outdoor flow.The home features wood floors, vinyl windows, and an open living and dining area with sliding glass doors that open to a covered patio--perfect for relaxing or entertaining. Offering 1,229 square feet of living space, the layout includes two bedrooms and two bathrooms, thoughtfully designed for comfort and functionality.Additional highlights include quartz countertops, in-unit laundry, and a newer HVAC system. This end unit also benefits from added privacy and natural light.Ideally situated, this well-maintained property is within easy walking distance of the South Lake District, Caltech, the Paseo, and the Metro Gold Line. Enjoy close proximity to Lake Avenue's shops and restaurants, Old Town Pasadena, and convenient access to major freeways and public transportation.Welcome home!
Location
Pasadena, Los Angeles County, CA 91101
Open on Google Maps ↗Listed by: Jennifer Lang · Berkshire Hathaway Home Servic
Payment estimate
$4,915
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $64,900 · Loan: $584,100
- Principal & Interest
- $3,696
- Property tax (1.25%)
- $676
- Homeowners insurance
- $300
- Mortgage insurance
- $243
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $22,715 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
Only large teams outsell Mike Watson · Keller Williams Realty
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