6 months on rocket

515 N El Molino Ave, Pasadena, CA, 91101

$5,320,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAttached Carport, Assigned, Carport, Detached Carport
Year Built1955
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #AR23201641
Lot Size0.48 Acres
StatusActive

About 515 N El Molino Ave

Introducing a charming oasis in the heart of Pasadena: this 16-unit garden-style apartment building offers a serene living experience. Nestled amidst lush landscaping, each unit boasts modern comforts with a touch of classic elegance. There are a mix of one and two-bedroom floor plans that feature well maintained kitchens, gleaming hardwood floors in the ground floor apartments, and parking for each unit. Enjoy the California sun in the tranquil courtyard, perfect for relaxing or socializing. With convenient access to Pasadena's vibrant culture, shopping, and dining, this property provides the ideal blend of comfort and convenience. The allure of Pasadena living is at its finest in this picturesque, well-maintained community. This property is gated and had a new roof installed earlier this year in January 2023. Both the 515 and 517 buildings were repiped with pex in 2015 and 2017. The back carports have newer trusses and roof installed in 2020 with permits.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2

Listing Office:

  • Office Name: Century 21 Village Realty
  • Office Phone: (626) 344-6410
  • Listing Agent: Mary Baldry

Interior Features

Interior Information:

  • Appliances: Gas Range, Vented Exhaust Fan

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Attached Carport, Assigned, Carport, Detached Carport

Lot Features

Lot Information:

  • Lot: Garden, Sprinklers
  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Marshall Fundamental, Public District Grades 6-12
  • Pasadena High School, Public District Grades 9-12
  • Washington Middle School, Public District Grades 6-8
  • Madison Elementary School, Public District Grades KG-5
  • Norma Coombs Alternative, Public District Grades KG-5
  • Don Benito Fundamental, Public District Grades KG-5

Other

Directions Information:

  • Directions: South of Orange Grove Blvd and West of Lake Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,320,000

Tax Information:

  • Annual Amount: $40,335
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pasadena, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$739

Avg. Days On Market

30

# of Sold Homes

71

515 N El Molino Ave vs Pasadena

181 DAYS ON ROCKET

+151 Days

$5,320,000

+$4.1M More

KEY TAKEAWAY

This property is $4.1M more than the Median Sold Price in Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR23201641

Listing Office:

  • Office Name: Century 21 Village Realty
  • Office Phone: (626) 344-6410
  • Listing Agent: Mary Baldry

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 2:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 26, 2013Home Sold
$3,050,000
Dec 01, 1999Home Sold
$269,500
Apr 12, 1989Home Sold
$929,000
Apr 12, 1989Home Sold
$929,000

Tax History

YEARPROP. TAXASSESSMENT
2021$40,335$3,456,696
2020$38,856$3,418,729
2019$39,490$3,351,696
2018$39,071$3,285,977
2017$39,071$3,221,547

History based on county public records data.

Payment Calculator

$26.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4024464
3
/10
  • Madison Elementary School

  • 515 E Ashtabula St

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-4024465
7
/10
  • Norma Coombs Alternative

  • 2600 Paloma St

  • 2.35 miles

  • Public District Grades KG-5

school-card-donut-4024466
6
/10
  • Don Benito Fundamental

  • 3700 Denair St

  • 3.89 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4024467
3
/10
  • Washington Middle School

  • 1505 N Marengo Ave

  • 1.25 miles

  • Public District Grades 6-8

High School

school-card-donut-4024468
5
/10
  • Marshall Fundamental

  • 990 N Allen Ave

  • 1.54 miles

  • Public District Grades 6-12

school-card-donut-4024469
5
/10
  • Pasadena High School

  • 2925 E Sierra Madre Blvd

  • 2.65 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,366. The most common annual income of people living in Pasadena, CA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 N El Molino Ave

What is the listing price of this property?

The listing price of 515 N El Molino Ave property is $5,320,000.

What type of property is this?

The property 515 N El Molino Ave is a condo located in Pasadena, California, 91101.

Is this property for sale now?

Active Listing: 515 N El Molino Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 515 N El Molino Ave are:
Madison Elementary School: GreatSchools Rating 3/10
Norma Coombs Alternative: GreatSchools Rating 7/10
Don Benito Fundamental: GreatSchools Rating 6/10
Washington Middle School: GreatSchools Rating 3/10
Marshall Fundamental: GreatSchools Rating 5/10
Pasadena High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $40,335 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 26, 2013 for $3,050,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 N El Molino Ave is 1955.
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Rocket HomesCaliforniaLos Angeles CountyPasadena91101515 N El Molino Ave

This home is located at 515 N El Molino Ave in Pasadena, CA and zip code 91101 in the The Verdugos neighborhood. This home, which was built in 1955, sits on a 0.48 acre lot. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $5,320,000.

In March 2024 more than 42 listings in Pasadena, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 22 were sold below. The inventory of homes for sale in Pasadena, CA between February 2024 and March 2024 increased by 2.3%. While the average time on the market in March 2024 was 30 days, the median list price was $1,181,486.

From Rocket Homes Real Estate and based on county public records data.

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