ActiveCondominium

497 S El Molino 106

Pasadena, CA, 91101

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$588,800

MLS: MB26053774

Beds

2

Baths

2

Sq Ft

968

Lot

0.59 ac

Year Built

1972

MLS #

MB26053774

Days on Market

13

Listed

Mar 11, 2026

Description

Welcome to 497 S. El Molino Ave #106, a beautifully reimagined residence in one of Pasadena’s most desirable locations. This sophisticated 2-bedroom, 2-bathroom condo offers natural light throughout and it's own secluded patio. The home features new flooring, fresh designer paint, and a fully renovated kitchen that include stainless steel appliances. Additional highlights include extra security with gated access and 2 dedicated parking spaces. Residents enjoy the peaceful atmosphere of a quiet community while being just minutes from the vibrant dining and cultural destinations of Old Town Pasadena, Lake Ave Shopping District, Cal Tech and Pasadena City College. Don't miss out on this is a rare opportunity to own this one of a kind home while it lasts! **Please note that some photos have been virtually staged**

Location

Pasadena, Los Angeles County, CA 91101

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Listed by: JENNIFER HO · EXCELLENCE RE REAL ESTATE

Payment estimate

$4,390

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $58,880 · Loan: $529,920

%
Principal & Interest
$3,256
Property tax (1.25%)
$613
Homeowners insurance
$300
Mortgage insurance
$221
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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 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 $20,608 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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