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.
Sold for $855,000
Listing Provided by: CENTURY 21 CITRUS REALTY INC
Bought with: Coldwell Banker Hallmark Realty
$855,000
515 S Madison Ave APT 2, Pasadena, CA 91101
3beds
1,373sqft
Condominium
Built in 1987
-- sqft lot
$858,300 Zestimate®
$623/sqft
$5,066 Estimated rent
Home value
$858,300
$781,000 - $944,000
$5,066/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
Lisa Pimentel DRE #01745013 626-391-2149,
CENTURY 21 CITRUS REALTY INC
Bought with:
Kris Jardino, DRE #01279717
Coldwell Banker Hallmark Realty
Source: CRMLS,MLS#: CV25230610
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
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: 0.30 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 5734008042
- Special conditions: Standard
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 & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Pasadena
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $660 monthly
- Amenities included: Insurance, Trash, Water
- Association name: 515 S Madison
- Association phone: 626-577-3060
Other
Other facts
- Listing terms: Relocation Property
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Sold | $855,000-1.6%$623/sqft |
Source:  CRMLS #CV25230610 Report a problem | ||
| 3/24/2026 | Pending sale | $869,000$633/sqft |
Source: CRMLS #CV25230610 Report a problem | ||
| 2/18/2026 | Contingent | $869,000$633/sqft |
Source: CRMLS #CV25230610 Report a problem | ||
| 2/10/2026 | Listed for sale | $869,000$633/sqft |
Source: CRMLS #CV25230610 Report a problem | ||
| 2/3/2026 | Contingent | $869,000$633/sqft |
Source: CRMLS #CV25230610 Report a problem | ||
| 2/3/2026 | Listed for sale | $869,000+24.3%$633/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 | ||
| 5/14/2018 | Pending sale | $699,000$509/sqft |
Source: BHHS California Properties #818001955 Report a problem | ||
| 4/28/2018 | Listed for sale | $699,000+19.5%$509/sqft |
Source: Berkshire Hathaway HomeServices California Properties #818001955 Report a problem | ||
| 6/8/2005 | Sold | $585,000+77.3%$426/sqft |
Source: Public Record Report a problem | ||
| 6/12/2002 | Sold | $330,000+28.9%$240/sqft |
Source: Public Record Report a problem | ||
| 6/4/2001 | Sold | $256,000$186/sqft |
Source: Public Record Report a problem | ||
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% |
| 2022 | $8,600 +4.3% | $758,044 +2% |
| 2021 | $8,247 +4.2% | $743,181 +1% |
| 2020 | $7,913 | $735,562 +2% |
| 2019 | $7,913 +20.8% | $721,140 +25.8% |
| 2018 | $6,551 | $573,320 +2% |
| 2017 | $6,551 +1.2% | $562,080 +2% |
| 2016 | $6,472 +2.2% | $551,060 +1.5% |
| 2015 | $6,335 +5.7% | $542,783 +4.4% |
| 2014 | $5,996 | $520,000 +19% |
| 2012 | -- | $437,000 -7.5% |
| 2011 | -- | $472,300 |
| 2010 | -- | $472,300 |
| 2009 | -- | $472,300 -4.9% |
| 2008 | -- | $496,645 +2% |
| 2007 | -- | $486,907 +2% |
| 2006 | -- | $477,360 +33.8% |
| 2005 | -- | $356,733 +4% |
| 2004 | -- | $342,883 +1.9% |
| 2003 | -- | $336,600 +28.9% |
| 2002 | -- | $261,120 +27.3% |
| 2000 | -- | $205,200 |
Find assessor info on the county website
Neighborhood: South
Nearby schools
GreatSchools rating
- 2/10McKinley SchoolGrades: K-8Distance: 0.3 mi
- 4/10Blair High SchoolGrades: 6-12Distance: 0.9 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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Estimated market value
$858,300
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Estimated market value
$858,300
- California
- Los Angeles County
- Pasadena
- 91101
- South
- 515 S Madison Ave Apartment 2
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