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ActiveCondominium

497 S El Molino Avenue 310

Pasadena, CA, 91101

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$650,000

Original list price: $699,999

MLS: P1-28742

Beds

2

Baths

2

Sq Ft

1,019

Lot

0.59 ac

Year Built

1972

MLS #

P1-28742

Days on Market

36

Listed

Sep 9, 2026

Description

Pasadena Perfect! HOA FEE INCLUDES ALL UTILITIES! Extensively remodeled, turn-key top floor, corner residence in El Molino Arms with no one above and only one common wall. Extending well beyond cosmetic finishes, this studs-out metamorphosis boasts new hydronic HVAC, electrical panel & wiring, copper plumbing, insulation, closet and storage systems, recessed lighting, plantation shutters, hypoallergenic carpeting and more! This stunning, sun drenched 2-bedroom, 2-bath residence features a smart, spacious open floor plan with tree top views all around. The remodeled kitchen wows with new name brand stainless steel appliances, a gas stove that vents out, lush wood & glass cabinetry with built-in storage system, premium lighting and ash-veneer wood counter tops all flowing seamlessly into the inviting dining and relaxing living areas swathed in light from the wall-to-wall windows. And for chilly nights there's even a cozy gas fireplace. Chic plantation shutters elevate the entire space and home. The ample, southern exposure ensuite primary bedroom with to-the-horizon views has a full bath; and the roomy secondary bedroom with south & west facing views enjoys easy access to the second bath just off the hallway with storage closet; all closets have smart storage systems. Both baths boast new fixtures, cabinets and Toto toilets with bidets. Community features include controlled entry and gated garage access, community laundry with new W/D and smart app, patio with BBQs and a recreation room with fireplace, wet bar and game table. One assigned parking space with a storage unit rounds it all out. The cleverly cost effective HOA amenities include: ALL of your ELECTRICITY, GAS, WATER and TRASH, building and earthquake insurance, landscaping and common area maintenance. And, Location! Location! Location! Ideally set in a pedestrian friendly, tree-lined Pasadena neighborhood near Caltech, The Huntington, South Lake Avenue shopping and dining, Playhouse Village, Old Pasadena and the Metro A Line. Enjoy easy access to restaurants, coffee shops, markets, parks and cultural destinations while coming home to a quiet, private, bright, top-floor, corner, standout residence. An improved price and extensive upgrades make this a compelling opportunity. Schedule your showing today! Submission Guidelines and Disclosures Link: https://hlm.homelight.com/link/497-South-El-Molino-Avenue-310-sow5zye0.

Location

Pasadena, Los Angeles County, CA 91101

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Listed by: Xavier Inguanzo · BHHS California 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

$5,952

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $65,000 · Loan: $585,000

%

Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$4,050
Property tax (1.25%)
$677
Homeowners insurance
$300
Mortgage insurance
$244
HOA dues
$681
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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 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 $22,750 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.

★#1 Producing Individual Realtor, Antelope Valley

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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.