1501 N El Molino Avenue Pasadena, CA $ 899,000
1501 N El Molino Avenue
$ 899,000
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1501 N El Molino Avenue

Pasadena, CA, 91104
$ 899,000
Baths1.0 Sq 1,560

Monthly Estimate*

$ 5,535

Listed by HomeSmart, Evergreen Realty
1501 N El Molino Avenue, Pasadena, CA 91104 - Image 1
1501 N El Molino Avenue, Pasadena, CA 91104 - Image 2
1501 N El Molino Avenue, Pasadena, CA 91104 - Image 3
1501 N El Molino Avenue, Pasadena, CA 91104 - Image 4
1501 N El Molino Avenue, Pasadena, CA 91104 - Image 5
1501 N El Molino Avenue, Pasadena, CA 91104 - Image 6
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Studio

Multi-Family Home for sale in Pasadena, CA

for $899,000 with 1 full bath. This 1,560 square foot home was built in 1925 on a lot size of 0.2324.

PLEASE DO NOT DISTURB TENANTS.In the heart of Pasadena, this unique offering presents the best of both worlds: two fully detached homes, each with its own private, gated backyard, set on over 10,000 square feet of lushly landscaped grounds.The front residence is a charming early 20th-century Craftsman Bungalow, featuring two bedrooms and one bath, and capturing the warmth and character of a bygone era. Tucked quietly behind it, the Spanish-style home offers one bedroom and one bath, showcasing original built-ins, beautiful wood detailing, and the distinctive artistry that defines Pasadena's historic architecture.Both homes enjoy soft natural light throughout the day, mature trees, tranquil garden settings, and separate gated yard spaces, creating a true sense of privacy. The property also includes two dedicated parking spaces adjacent to a one-and-a-half-car garage.Ideally located just two blocks north of Washington Park and minutes from Pasadena City College, Caltech, and the 210 Freeway, this property balances peaceful living with exceptional convenience.Whether imagined as a multi-generational compound, or that income property you've been looking with enormous potential, the possibilities are truly endless.Both homes are currently tenant-occupied.

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2324

Year Built

1925

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

P125672

Days on Market

17

Features
General
Sewer Public Sewer
Heating None
Cooling None
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1925
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 49776
Community Features Biking Curbs Hiking Park
County Los Angeles
Net Operating Income 49776
Operating Expense 3950
Insurance Expense 3075
Property Type Residential Income
Subdivision Name Not Applicable
Facing Direction East
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North on Lake left on Washington and right on El molino. Property sits on the west side of El Molino road
City Pasadena
Senior Community Y/N false
MLS Area 645 - Pasadena (NW)
Lot Size Units Square Feet
Lot Size Square Feet 10122
Carport Spaces 2
Carport Y/N true
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional FHA
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 425
Water Sewer Expense 450
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Year Built Source Public Records
Tax Lot 034
Total Actual Rent 4188
Property Sub Type Additional Duplex
Expected Active Date 2026-02-02
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway Garage
Lot Features Sprinklers None
Water Source Public
Total Parking 3
Lot Size Area 10122
Number of Buildings 2
Spa false
Building Area Total 1560
Lot Size Acres 0.2324
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 2
Number of Separate Gas Meters 0
Number of Separate Electric Meters 2
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* Excluded Features
List By
Homesmart, Evergreen Realty

Broker

diegodiazkropman@gmail.com

Email

Affordability Calculator

$5,535
Per Month
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Monthly Principal & Interest
$5,535
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$899,000 Listed Price

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1501 N El Molino Avenue, Pasadena, CA, 91104 is a Multi-Family Home for sale at $899,000 with 1,560 sqft and a lot size of 0.2324. 1501 N El Molino Avenue is a studio with 1.0 baths and was built in 1925. The property's zip code is 91104 which is in Pasadena, CA