Discover timeless charm and modern comfort in this beautifully maintained 3-bedroom, 3-bath Craftsman-style townhouse tucked away on a peaceful street near South Lake Avenue in Pasadena. This move-in ready home features an open-concept floor plan with rich hardwood floors, recessed lighting, and high ceilings that create an inviting, spacious atmosphere. The living room offers a cozy fireplace, patio access, and elegant shutters, seamlessly flowing into the dining area and bright kitchen with stainless steel appliances, range with ventilation, and breakfast bar seating. Upstairs, you’ll find two generous master suites with vaulted ceilings, ceiling fans, and oversized walk-in closets, each with private baths and thoughtful design details. A convenient laundry area sits between the bedrooms for added ease. On the lower level, a versatile bonus room is adjacent to a utility/basement area currently utilized as storage, offering excellent potential to be converted into an extra bathroom. Additional highlights include central A/C, attic storage, and a direct-access oversized 2-car garage. Perfectly situated near the Playhouse District, South Lake, and Old Town Pasadena, this home blends classic craftsmanship, comfort, and convenience in a truly prime Pasadena location you won’t want to miss.
For sale
Listing Provided by:
Lisa Pimentel DRE #01745013 626-391-2149,
CENTURY 21 CITRUS REALTY INC
Price cut: $20K (10/28)
$869,000
515 S Madison Ave APT 2, Pasadena, CA 91101
3beds
1,373sqft
Est.:
Condominium
Built in 1987
-- sqft lot
$873,900 Zestimate®
$633/sqft
$660/mo HOA
What's special
Cozy fireplaceBright kitchenPrivate bathsPeaceful streetThoughtful design detailsGenerous master suitesBreakfast bar seating
- 59 days |
- 1,255 |
- 53 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 01:08pm
Listing Provided by:
Lisa Pimentel DRE #01745013 626-391-2149,
CENTURY 21 CITRUS REALTY INC
Source: CRMLS,MLS#: CV25230610
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Attic, Bedroom, Kitchen, Laundry, Other
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower, Walk-In Shower
Kitchen
- Features: Tile Counters
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Cooktop, Refrigerator, Range Hood
- Laundry: Laundry Closet, Upper Level
Features
- Breakfast Bar, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, All Bedrooms Up, Attic, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Doors: Sliding Doors
- Windows: Blinds, Shutters
- Basement: Utility
- Has fireplace: Yes
- Fireplace features: Gas, Living Room, Raised Hearth
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,373 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Garage, Off Street
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Main Level
- Patio & porch: Enclosed, See Remarks
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.3 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 5734008042
- Special conditions: Third Party Approval
Construction
Type & style
- Home type: Condo
- Architectural style: Craftsman
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Turnkey
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Unknown
- Water: See Remarks
Community & HOA
Community
- Features: Sidewalks
HOA
- Has HOA: Yes
- Amenities included: Insurance, Trash, Water
- Services included: Earthquake Insurance
- HOA fee: $660 monthly
- HOA name: 515 S Madison
- HOA phone: 626-577-3060
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $633/sqft
- Tax assessed value: $804,440
- Annual tax amount: $9,476
- Date on market: 10/15/2025
- Cumulative days on market: 59 days
- Listing terms: Relocation Property
Estimated market value
$873,900
$830,000 - $918,000
$4,710/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Price change | $869,000-2.2%$633/sqft |
Source:  CRMLS #CV25230610 Report a problem | ||
| 10/15/2025 | Listed for sale | $889,000+27.2%$647/sqft |
Source: CRMLS #CV25230610 Report a problem | ||
| 6/13/2018 | Listing removed | $699,000$509/sqft |
Source: Berkshire Hathaway HomeService #818001955 Report a problem | ||
| 6/12/2018 | Listed for sale | $699,000-1.1%$509/sqft |
Source: Berkshire Hathaway HomeService #818001955 Report a problem | ||
| 6/11/2018 | Sold | $707,000+1.1%$515/sqft |
Source:  Pasadena Foothills MLS #818001955 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,476 +5.5% | $804,440 +2% |
| 2024 | $8,986 +0.9% | $788,667 +2% |
| 2023 | $8,910 +3.6% | $773,204 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,993/mo
Principal & interest
$4189
Property taxes
$840
Other costs
$964
Climate risks
Neighborhood: South
Nearby schools
GreatSchools rating
- 5/10McKinley SchoolGrades: K-8Distance: 0.3 mi
- 6/10Blair High SchoolGrades: 6-12Distance: 0.8 mi
Schools provided by the listing agent
- High: Blair
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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