300 N El Molino Avenue 201, Pasadena, California 91101, Pasadena, 91101 - 1 bed, 1 bath

300 N El Molino Avenue 201, Pasadena, California 91101 home-pic-0
ACTIVE$475,000
300 N El Molino Avenue 201, Pasadena, California 91101
1Bed
1Bath
736Sqft
Lot
Year Built
1987
Close
-
List price
$475K
Original List price
$509K
Price/Sqft
$645
HOA
$653.48
Days on market
-
Sold On
-
MLS number
P1-23456
Home ConditionFair
Features
Deck
Pool
Spa
Patio
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $475.0K(7th), sqft - 736(11th), beds - 1(37th), baths - 1(36th).

This well-maintained one-bedroom condo is in the heart of Pasadena and is nicely situated on the second floor with a lovely view of the tree-lined side street. Nearest to the elevator, unit 201 offers the perfect balance of convenience and comfort.The upgraded kitchen opens into the dining and living areas, with direct access to a covered balcony. The bright ensuite bedroom includes a dressing area and a full bath with a shower over the tub. An in-unit washer/dryer is a rarity seldom found in this price point.Residents enjoy access to a range of amenities, including a pool and spa, dry sauna, gym and a community recreation room with kitchenette--all open to the central courtyard. There is secure parking with one assigned spot (103) and a convenient mail room.It is centrally located just minutes from Pasadena's best attractions--Old Town, Paseo Colorado, the Playhouse District, PCC, shops on Lake Avenue, Urth Caffe, and more--with quick access to the 210 freeway for an easy commute.Whether you're a first-time homebuyer looking for a stylish, low-maintenance space or an investor seeking a high-demand rental in a desirable location, this unit should top your wish list.

Price History

Date
Event
Price
09/23/25
Price Change
$475,000-2.9%
08/26/25
Price Change
$489,000-3.9%
07/28/25
$509,000
Condition Rating
Fair

The property, built in 1987, is well-maintained and functional, as described and shown in the images. The kitchen features stainless steel appliances (some newer, some older), granite countertops, and traditional light-colored cabinets, which, while an 'upgrade,' appear to be from a renovation 15-25 years ago rather than a recent one. The bathroom is clean but basic, with a white vanity and older-style strip lighting, indicating it's also dated. Flooring throughout includes clean carpet and tile. While move-in ready, the overall aesthetic and key components like kitchen and bathroom styles show signs of being outdated, aligning with the 'Fair' category's description of a home aged but maintained through regular upkeep, with functional but outdated major components.
Pros & Cons

Pros

Prime Location & Accessibility: Centrally located in Pasadena, minutes from major attractions like Old Town, Paseo Colorado, and the Playhouse District, with quick access to the 210 freeway for an easy commute.
Extensive Community Amenities: Residents enjoy a range of amenities including a pool, spa, dry sauna, gym, and a community recreation room with kitchenette, enhancing lifestyle and value.
In-Unit Washer/Dryer: A rare and highly desirable feature for a condo at this price point, offering significant convenience.
Upgraded Interior & Balcony: Features an upgraded kitchen with an open concept, a well-maintained unit, and direct access to a covered balcony, providing modern comfort and outdoor space.
Secure Parking & Pleasant View: Includes one assigned secure parking spot and offers a lovely view of a tree-lined side street from the second floor, adding practical and aesthetic appeal.

Cons

Limited Unit Size & Configuration: With only one bedroom, one bathroom, and 736 sqft, the unit's size and layout significantly limit its appeal to a smaller demographic, primarily singles or couples.
High Monthly Association Fee: The association fee of $653.48 per month is substantial for a one-bedroom unit, adding a significant ongoing cost to ownership.
Building Age: Built in 1987, the building is nearly 40 years old, which could lead to potential future maintenance issues or special assessments for common areas, despite the unit being well-maintained.

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