ActiveCondominium

837 Magnolia Avenue 11

Pasadena, CA, 91106

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$629,000

Original list price: $650,000

MLS: AR26071931

Beds

2

Baths

1

Sq Ft

958

Lot

0.46 ac

Year Built

1966

MLS #

AR26071931

Days on Market

71

Listed

Apr 4, 2026

Description

Beautifully staged, thoughtfully updated, and move-in ready, this charming Pasadena condo offers an exceptional opportunity to enjoy stylish, low-maintenance living in the highly desirable Madison Heights area. Filled with natural light, the home features a bright and functional floor plan with inviting living and dining spaces, well-proportioned bedrooms, and a refreshed kitchen appointed with brand-new cabinetry and sleek quartz countertops that bring a clean, modern feel to the home. Ideal for first-time buyers, downsizers, or investors, this residence combines comfort, convenience, and value in a prime Pasadena location near South Lake Avenue shopping and dining, Old Town Pasadena, parks, and easy freeway access. With attractive updates, a welcoming interior, and low HOA dues, 837 Magnolia presents a rare chance to own a polished and affordable home in one of Pasadena’s most sought-after neighborhoods.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: Man Chung Lim · Pinnacle Real Estate Group

Payment estimate

$5,147

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $62,900 · Loan: $566,100

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$3,586
Property tax (1.25%)
$655
Homeowners insurance
$300
Mortgage insurance
$236
HOA dues
$370
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $22,015 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 91106 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.