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Under ContractCondominium

500 S Oak Knoll Avenue 40

Pasadena, CA, 91101

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$680,000

Original list price: $705,000

MLS: P1-29017

Beds

2

Baths

2

Sq Ft

1,160

Lot

—

Year Built

1973

MLS #

P1-29017

Days on Market

17

Listed

Sep 28, 2026

Description

Welcome to 500 South Oak Knoll Avenue, ideally located near Pasadena's vibrant South Lake Avenue district. This beautiful top-floor, 2-bedroom, 2-bathroom residence offers an inviting blend of space, natural light, privacy, and serene treetop views. The spacious, open floor plan features beautiful wood flooring throughout, creating a seamless flow between the living and dining areas, while expansive windows fill the home with natural light. Step outside to the large private balcony, where peaceful treetop views provide an inviting setting for morning coffee, outdoor dining, or relaxation. The updated kitchen features stainless steel appliances, modern finishes, and generous space for everyday living and entertaining. Comfortable bedrooms offer tranquil retreats with a wonderful sense of privacy. Beautifully landscaped grounds, mature trees, and a charming courtyard with a tranquil koi pond create a peaceful setting. Additional amenities include 1 dedicated subterranean parking space and a private storage locker. Just moments from South Lake Avenue's boutique shops, restaurants, Caltech, and Pasadena's most popular destinations, this exceptional residence offers the perfect combination of comfort, privacy, and convenience.

Location

Pasadena, Los Angeles County, CA 91101

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Listed by: Josette Wolf · The Agency

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

$5,976

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $68,000 · Loan: $612,000

%

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

$/ mo
Principal & Interest
$4,237
Property tax (1.25%)
$708
Homeowners insurance
$300
Mortgage insurance
$255
HOA dues
$475
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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 $23,800 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.