$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
Open on Google Maps ↗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.
- Principal & Interest
- $3,586
- Property tax (1.25%)
- $655
- Homeowners insurance
- $300
- Mortgage insurance
- $236
- HOA dues
- $370
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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