883 Magnolia Avenue 16
Pasadena, CA, 91106
$869,000
MLS: P1-27237
Beds
2
Baths
3
Sq Ft
1,042
Lot
1.42 ac
Year Built
1985
MLS #
P1-27237
Days on Market
21
Listed
May 20, 2026
Description
UNIQUE OPPORTUNITY in Madison Heights! This updated, move in ready home is quiet, meticulously maintained and features trees that shade the home. This townhome, on the quiet inner circle of Windamere, features an abundance of natural sunlight, private patio with greenery, and attached two car garage with laundry. This two bedroom, two and a half bathroom unit is enhanced and tastefully maintained. Boasting triple pane windows that save money on utility bills, new interior paint, new water heater and low flow toilets and showerhead. This unit features updated kitchen appliances including new refrigerator and microwave. The main level offers a living room with gas fireplace, triple pane sliding doors to the patio, dining area, half bathroom, and kitchen with counter seating. The upper level primary bedroom offers views of trees, a newly remodeled oversized closet and 3/4 bathroom with new quartz countertop, new sinks, faucets and mirrors. The newly painted secondary bathroom and bedroom suite completes the upper level. Direct access to the oversized two-car garage, which includes a new energy-saving washer and dryer. Community amenities include a pool and spa, and cover many utilities including earthquake insurance. New fireproof Hardie board siding was completed for the complex in 2019. Close to the Gold Line, Whole Foods, Trader Joe's, several shops and restaurants, Old Town Pasadena, and the Langham Hotel.
Location
Pasadena, Los Angeles County, CA 91106
Open on Google Maps ↗Listed by: Lisa Zastrow · Coldwell Banker Realty
Payment estimate
$6,974
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $86,900 · Loan: $782,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,954
- Property tax (1.25%)
- $905
- Homeowners insurance
- $300
- Mortgage insurance
- $326
- HOA dues
- $489
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 $30,415 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
Only large teams outsell Mike Watson · Keller Williams Realty
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