HUGE Price Reduction! Now $365,000
Seller is Highly Motivated — Purchased January 2025 for $428,000!
Welcome to El Molino Terrace, one of Pasadena’s most desirable gated communities in the Playhouse District. This updated, sun-filled studio is now being offered at a massive price reduction by a highly motivated seller. The price has now been slashed to $365,000, creating an exceptional opportunity for both first-time buyers and savvy investors looking for a high-demand rental.
The open layout includes new vinyl plank flooring, fresh paint, and a bright living area that leads to a private balcony overlooking the courtyard and pool. The kitchen features granite countertops, stainless steel appliances, and a convenient breakfast bar. An updated bathroom and two generous closets—one equipped with an in-unit washer and dryer—provide comfort and functionality.
Located steps from the Pasadena Playhouse, Paseo Colorado, Old Town, Caltech, and the Metro Gold Line, this studio offers unbeatable value in one of Pasadena’s premier locations. Don’t miss this opportunity to secure a fantastic property at a truly remarkable price.
The income description goes here to explain
| List Price | $365,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | 450 |
| Number of Stories | 3 stories |
| Parking Spots | 1 spots |
| Year Built | 1987 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $605.94 |
| Association Name: | El Molino Terrace HOA |
| Association Amenities: | Clubhouse,Controlled Access,Fitness Center,Meeting Room,Barbecue,Picnic Area,Pool,Sauna,Spa/Hot Tub,Trash |
| APN # | 5723008103 |
| MLS # | OC25251457 |
| Property ID | 322320259 |
| Lot Sqft | 52,535 |
| Zoning | Unknown |
| Total Units | 77 |
| Days on Market | 62 |
| Original List Price | $415,000 |
| Applicances | Built-In Range,Dishwasher,Microwave,Refrigerator,Dryer,Washer% |
| Date Updated | December 21, 2025 |
| Date Created | October 27, 2025 |
Ann Yang an agent of Onyx Homes. Lic #02242197
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 21, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT