300 North El Molino Avenue, 308, Pasadena, CA 91101
300 North El Molino Avenue, 308, Pasadena, CA 91101
Property Description
***MAJOR PRICE REDUCTION***Motivated seller, easy to show. Welcome to El Molino Terrace in Pasadena’s desirable Playhouse District! This beautifully maintained 2-bedroom, 2-bathroom condo offers approximately 982 sq. ft. of comfortable living space with an open floor plan, 9-ft ceilings, recessed lighting, crown moldings, and abundant natural light. The inviting living room features a cozy fireplace and opens to the dining area and updated kitchen with granite countertops, beautiful cabinetry, stainless-steel appliances, and a gas range. A convenient in-unit stackable washer and dryer is located in the kitchen closet. The two spacious bedroom suites are positioned on opposite sides of the unit, each with a private full bathroom and walk-in closet, which provides excellent privacy. Step onto the private balcony to enjoy your morning coffee or unwind. Additional features include central air and heat, ample storage, and two assigned subterranean parking spaces with elevator access. Guest parking is also available. Community amenities include a pool and spa, fitness center, sauna, BBQ area, and a recreation/media room, perfect for relaxing or entertaining. It is ideally located near the Pasadena Playhouse, Playhouse Village, Paseo Colorado, Old Pasadena, Lake Avenue shopping and dining, the Metro Gold Line, and the 210 Freeway. Move-in ready and a wonderful opportunity to enjoy the best of Pasadena living!
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Pasadena · Condominium
Listed 4.4% below the median closed sale of $570,000. Expect a longer timeline — comps averaged 156 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 300 El Molino Avenue | Pasadena | 1987 | 2 | 2 | 1,035 | 52,535 | $536 | $555,000 | 175 | 92 |
| 64 Mar Vista Avenue | Pasadena | 1987 | 2 | 2 | 870 | 72,858 | $644 | $560,000 | 11 | 87 |
| 430 Holliston Avenue | Pasadena | 1988 | 2 | 2 | 973 | 30,059 | $550 | $535,000 | 53 | 87 |
| 77 Michigan Avenue | Pasadena | 1988 | 2 | 2 | 913 | 15,132 | $623 | $569,000 | 41 | 87 |
| 355 Madison | Pasadena | 1972 | 2 | 2 | 1,004 | 45,842 | $597 | $599,000 | 4 | 86 |
| Total: 5 · Average | 2.0 | 2.0 | 959 | 43,285.2 | $590 | $563,600 | 56.8 | |||
| Median | 973 | $560,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 300 El Molino Avenue | Pasadena | 1987 | 11/21/2025 | 2 | 2 | 982 | 52,533 | $599,000 | $585,000 | $596 | 0.98 | 93 | 94 |
| 300 El Molino | Pasadena | 1987 | 09/25/2026 | 2 | 2 | 1,035 | 52,535 | $595,000 | $580,000 | $560 | 0.97 | 79 | 94 |
| 408 Catalina Avenue | Pasadena | 1982 | 09/25/2026 | 2 | 2 | 863 | 9,000 | $550,000 | $550,000 | $637 | 1.00 | 113 | 86 |
| 259 Holliston Avenue | Pasadena | 1980 | 07/10/2026 | 2 | 2 | 1,018 | 40,101 | $615,000 | $570,000 | $560 | 0.93 | 365 | 85 |
| 355 Los Robles Avenue | Pasadena | 1972 | 09/30/2026 | 2 | 2 | 927 | 0 | $559,000 | $559,000 | $603 | 1.00 | 128 | 85 |
| Total: 5 · Average | 2.0 | 2.0 | 965 | 38,542.25 | $568,800 | $568,800 | $591.2 | — | 155.6 | ||||
| Median | 982 | $570,000 | $570,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.