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300 N El Molino Avenue 319, Pasadena, California 91101, Pasadena, 91101 - 2 bed, 2 bath

300 N El Molino Avenue 319, Pasadena, California 91101 home-pic-0
ACTIVE UNDER CONTRACT$647,750
300 N El Molino Avenue 319, Pasadena, California 91101
2Beds
2Baths
982Sqft
Lot
Year Built
1987
Close
-
List price
$648K
Original List price
$648K
Price/Sqft
$660
HOA
$698.03
Days on market
-
Sold On
-
MLS number
P1-22273
Home ConditionFair
Features
Good View: Neighborhood
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $647.8K(30th), sqft - 982(43th), beds - 2(50th), baths - 2(50th).

El Molino Terrace community Playhouse District. Top floor unit balcony views of neighborhood and mountains. 2-bedroom, 2 full bath condo w/ balcony tree tops and surrounding area. This attractive, open concept condo offers 9ft ceilings with crown moldings, modern kitchen with granite counter-tops, ceramic tile flooring and stainless-steel appliances. Stacked washer and dryer are conveniently located in kitchen. The living room features a gas log fireplace and access to covered balcony with mountain views off to the north. Two primary bedrooms with full baths and walk-in closets. New carpeting throughout, . Two subterranean side-by-side parking spaces. HOA Community offers pool, jacuzzi, barbecue area, fitness gym, sauna, restrooms w/ showers and bike storage room. Few blocks to Pasadena Playhouse, with shopping and restaurants. Close to Paseo Colorado, Old Pasadena, Gold Line and 210 freeway.

Condition Rating
Fair
Built in 1987, the property is well-maintained and move-in ready, with recent updates like new carpeting. The kitchen features granite countertops and stainless steel appliances, but the cabinet style and some light fixtures (e.g., fluorescent) appear dated, suggesting a renovation that is not recent (likely 10-15+ years old). Bathrooms are clean and functional but basic in style. A notable drawback is the lack of central air conditioning, which is a significant factor in Pasadena's climate. While functional, the property shows signs of its age and previous renovation cycles, requiring minor updates to align with current aesthetic standards.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the desirable Playhouse District, offering excellent walkability to shopping, restaurants, Pasadena Playhouse, Paseo Colorado, and Old Pasadena, with convenient access to the Gold Line and 210 freeway.
Extensive Community Amenities: The HOA community provides a comprehensive suite of amenities including a pool, jacuzzi, barbecue area, fitness gym, sauna, restrooms with showers, and bike storage room, enhancing lifestyle and value.
Modern & Updated Interior Features: The condo boasts an attractive open concept with 9ft ceilings, crown moldings, a modern kitchen with granite countertops and stainless-steel appliances, a gas log fireplace, and new carpeting throughout.
Functional Layout & Views: Features two primary bedrooms, each with a full bath and walk-in closet, providing a highly functional dual-suite layout. As a top-floor unit, it offers desirable neighborhood and mountain views from the balcony.
Dedicated Subterranean Parking: Includes two subterranean side-by-side parking spaces, a significant advantage in an urban setting where parking can be scarce and valuable.

Cons

High Monthly HOA Fees: The association fee of $698.03 per month is substantial and will significantly impact the overall monthly cost of ownership, potentially limiting buyer pool.
Lack of Central Air Conditioning: The property description highlights a gas log fireplace but does not mention a cooling system, which could be a significant drawback during Pasadena's hot summer months.
Building Age: Built in 1987, the building is over 35 years old. While the unit is updated, the age of the overall building infrastructure might lead to potential future maintenance or assessment concerns.

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