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For sale
  • Listed by: Coldwell Banker Realty • Kathy Seuylemezian • Contact: 818-378-7928
    Price cut: $50K (7/7)
    $749,000

    227 S Madison Ave #304, Pasadena, CA 91101

    2beds
    1,179sqft
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    Condominium
    Built in 1982
    -- sqft lot
    $747,600 Zestimate®
    $635/sqft
    $680/mo HOA

    What's special

    Welcome to this exceptional South Madison Avenue penthouse, ideally located in the highly desirable Pasadena Playhouse District between the South Lake Shopping District and Paseo Colorado. Tucked away on a tree-lined street, this south-facing unit offers abundant natural light, exceptional privacy with only one common wall, and two spacious balconies perfect for morning coffee, outdoor dining, and beautiful sunset views. The main level features a vaulted-ceiling living and dining area, kitchen, primary suite, second bedroom, and full bathroom with in-unit washer and dryer. The upstairs loft with rooftop balcony, closet, and powder room provides flexible space for a home office, guest accommodations, or additional living space. This well-maintained home includes a newer A/C unit with Nest thermostat, bamboo flooring throughout, marble fireplace, built-in living room cabinetry, custom closet organizers, plantation shutters, and balconies with electronic retractable awnings. The building offers excellent amenities including a recreation room, pool, jacuzzi, sauna, restrooms, and gym. Secure gated subterranean parking includes two side-by-side spaces and dedicated storage. Enjoy a central Pasadena lifestyle with easy access to Urth Caffe, the AC Hotel rooftop bar on Colorado Boulevard, Trader Joe's on Lake Avenue, Old Town Pasadena, the Gold Line, Caltech, and Pasadena City College. A rare opportunity to own a peaceful penthouse retreat in one of Pasadena's most sought-after neighborhoods.
    25 days
    |
    1,624
    |
    127
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Seuylemezian DRE #00947297 (818)378-7928,

    Coldwell Banker Realty

    Source: CRMLS,MLS#: P1-27749MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Loft
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Range, Microwave
      • Laundry: Inside
      Features
      • Balcony, High Ceilings, Loft
      • Flooring: Wood
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 1,179 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Underground
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: None, Balcony
      • Exterior features: Awning(s), Balcony
      • Has private pool: Yes
      • Pool features: Community, Heated, Association
      • Has spa: Yes
      • Spa features: Community
      • Fencing: None
      • Has view: Yes
      • View description: City Lights, Trees/Woods
      Lot
      • Features: Sprinklers In Front
      Details
      • Parcel number: 5734010051
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1982

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Urban, Pool
      • Security: Key Card Entry
      HOA
      • Has HOA: Yes
      • Amenities included: Fitness Center, Insurance, Pool, Recreation Room, Sauna, Spa/Hot Tub, Trash, Water
      • HOA fee: $680 monthly
      • HOA name: The Madison Owners Association
      • HOA phone: 626-243-4160
      Location
      • Region: Pasadena

      Financial & listing details

      • Price per square foot: $635/sqft
      • Tax assessed value: $766,359
      • Annual tax amount: $8,936
      • Date on market: 6/24/2026
      • Cumulative days on market: 25 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $747,600

        $710,000 - $785,000

        $3,776/mo

        Price history

        DateEventPrice
        7/7/2026Price change$749,000-6.3%$635/sqft
        Source: CRMLS #P1-27749 Report a problem
        6/24/2026Listed for sale$799,000+14.3%$678/sqft
        Source: CRMLS #P1-27749 Report a problem
        2/15/2021Listing removed$699,000-1.3%$593/sqft
        Source: Local MLS #SB20106908 Report a problem
        7/22/2020Sold$708,000+1.3%$601/sqft
        Source: Public Record Report a problem
        6/23/2020Pending sale$699,000$593/sqft
        Source: California Properties #SB20106908 Report a problem
        6/10/2020Listed for sale$699,000+6.1%$593/sqft
        Source: California Properties #SB20106908 Report a problem
        5/25/2018Sold$659,000+1.5%$559/sqft
        Source: Pasadena Foothills MLS #818001944 Report a problem
        5/8/2018Pending sale$649,000$550/sqft
        Source: BHHS California Properties #818001944 Report a problem
        4/27/2018Listed for sale$649,000+8.2%$550/sqft
        Source: Berkshire Hathaway HomeServices California Properties #818001944 Report a problem
        10/5/2016Sold$600,000+9.3%$509/sqft
        Source: Public Record Report a problem
        8/26/2016Pending sale$549,000$466/sqft
        Source: Redfin Corporation #316007874 Report a problem
        8/19/2016Listed for sale$549,000+4%$466/sqft
        Source: Redfin Corporation #316007874 Report a problem
        3/7/2014Sold$528,000+5.8%$448/sqft
        Source: Public Record Report a problem
        2/5/2014Listed for sale$499,000+8.5%$423/sqft
        Source: Keller Williams - Pasadena #214004357 Report a problem
        11/30/2011Sold$460,000-17.4%$390/sqft
        Source: Public Record Report a problem
        7/17/2006Sold$557,000$472/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,936 +5.6%$766,359 +2%
        2024$8,465 +0.9%$751,334 +2%
        2023$8,392 +3.6%$736,603 +2%
        2022$8,097 +3.3%$722,160 +2%
        2021$7,839 +3.5%$708,000 +3.3%
        2020$7,577 +2.9%$685,623 +2%
        2019$7,364 +4.7%$672,180 +9.8%
        2018$7,035 $612,000 +2%
        2017$7,035 +1.2%$600,000 +9.7%
        2016$6,953 +9.5%$546,760 +1.5%
        2015$6,348 +15.2%$538,548 +14.3%
        2014$5,512 $471,329 +2.5%
        2012-- $460,000 +9.6%
        2011-- $419,700
        2010-- $419,700
        2009-- $419,700 -19.1%
        2008-- $518,700 -6.9%
        2007-- $557,000 +316.6%
        2006-- $133,714
        2005-- $133,714 +4%
        2004-- $128,523 +1.9%
        2003-- $126,168 +2%
        2002-- $123,695 +4%
        2000-- $118,894
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: South

        Getting around

        89 / 100
        Very Walkable
        66 / 100
        Good Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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