837 Magnolia Avenue 11
Pasadena, CA, 91106
$650,000
MLS: AR26071931
Beds
2
Baths
1
Sq Ft
958
Lot
0.46 ac
Year Built
1966
MLS #
AR26071931
Days on Market
17
Listed
Apr 4, 2026
Description
Beautiful Mid-Century 12-unit complex nestled in the highly sought-after Madison Heights neighborhood of Pasadena. This charming 2-bedroom, 1-bath condo offers a bright and expansive living and dining area with a private balcony overlooking a lushly landscaped courtyard and serene central fountain, creating a peaceful retreat at home. The remodeled kitchen features stylish white shaker cabinetry, sleek quartz countertops, and updated appliances, offering both functionality and a clean, modern design. Both bedrooms provide comfortable layouts with abundant closet space. Additional highlights include in-unit washer and dryer, central air and heat, two side-by-side carport parking spaces, and a well-maintained community with a newer roof and low HOA. Ideally located just minutes from Old Pasadena, Lake Avenue shopping, Trader Joe’s, Huntington Gardens, and the Fillmore Gold Line Station, offering convenient access to Downtown Los Angeles—this is a rare opportunity not to be missed.
Location
Pasadena, Los Angeles County, CA 91106
Open on Google Maps ↗Listed by: Man Chung Lim · Pinnacle Real Estate Group
Payment estimate
$4,815
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
- Principal & Interest
- $3,594
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
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 $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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