227 S Madison Avenue 205
Pasadena, CA 91101
Listing broker / agent: BHHS California Properties · Jeff Fisher · CRMLS
MLS # P1-28968 · Last checked Oct 22, 2026 08:04 UTC
About this property
MASSIVE SAVINGS TO THE BUYER! SELLER-PAID 2-1 RATE BUYDOWN AVAILABLE! Buyer can enjoy an interest rate 2 percentage points lower in Year 1 and 1 percentage point lower in Year 2. Subject to lender approval and loan program guidelines. Welcome to The Madison, a beautifully renovated and move-in-ready 2-bedroom, 2-bathroom BACK END CORNER condo ideally located in Pasadena's highly desirable Playhouse District, between the South Lake Shopping District and Paseo Colorado. Tucked away on a peaceful, tree-lined street, this north-facing home offers abundant natural light, a smart and open 1,145-square-foot floor plan, and the comfort and convenience of modern California living.Step inside to discover updated flooring, recessed lighting, and an inviting living area with custom built-in cabinetry and fireplace. The remodeled kitchen features quartz countertops, custom wood cabinetry, and stainless-steel appliances. Both spacious bedrooms are thoughtfully positioned for privacy, with the primary suite offering an en-suite bathroom and a custom walk-in closet with built-ins. A second full bathroom is conveniently located off the hallway for guests or family. Additional features include IN-UNIT laundry, central AC and heat, and modern fixtures throughout.The Madison offers resort-style amenities including a relaxing pool, spa/jacuzzi, sauna, gym, clubhouse/recreation room, and restrooms. Secure gated subterranean parking provides two tandem parking spaces along with dedicated storage. Earthquake & Fire Insurance, water, & trash are also included as part of the HOA.Enjoy an exceptional central Pasadena lifestyle with easy access to Urth Caffe, the AC Hotel rooftop bar, South Lake shopping, Trader Joe's, Old Town Pasadena, The Paseo, the Metro Gold Line, Caltech, and Pasadena City College. Whether you're looking for a stylish primary residence, or a highly desirable rental property, this turnkey condo offers an outstanding opportunity to own in one of Pasadena's most vibrant and sought-after neighborhoods.
Property details
- MLS number
- P1-28968
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 2 Beds • 2 Baths
- Living area
- 1,145 Sq Ft
- County
- Los Angeles
- Year built
- 1982
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 26
Building
- Year built
- 1982
- Year built source
- Public Records
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Condition
- Updated Remodeled
- Living area source
- Public Records
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Rooms
- Kitchen, Laundry, Living Room, Primary Bedroom, Other, Dining Room
- Appliances
- Dishwasher, Gas Cooktop, Refrigerator, Dryer, Washer
- Interior features
- Built In Features, Separate Formal Dining Room, Quartz Counters, Recessed Lighting, Storage, Walk In Closets
- Flooring
- Laminate
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Inside
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Community Structure
- Attached garage
- Yes
- Pool
- Community, Association
- Spa
- Association
- Patio / porch
- None
- Lot features
- Yard
- Fencing
- See Remarks
- Property outlook
- Mountains
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Sidewalks, Gated, Pool
- Association amenities
- Controlled Access, Fitness Center, Pool, Recreation Room, Sauna, Spa Hot Tub, Security, Storage, Trash, Water
Fees & lease terms
- Association
- Yes
- Association fee
- $680.00
- Association fee frequency
- Monthly
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| McKinley (school website, opens in a new tab) Pasadena Unified · Pasadena | K–8 | 0.2 mi |
| Twentieth Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.1 mi |
| Blair High (school website, opens in a new tab) Pasadena Unified · Pasadena | 6–12 | 1.2 mi |
| Madison Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 1.2 mi |
| Hamilton Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 1.8 mi |
| Longfellow (Henry W.) Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 2.0 mi |
| San Rafael Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 2.0 mi |
| Thurgood Marshall Secondary (school website, opens in a new tab) Pasadena Unified · Pasadena | 6–12 | 2.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $719,000
- MLS-reported original asking price
- $719,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 20, 2026 18:02 | $719,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Pasadena
Active residential homes for sale in Pasadena, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
53 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 08:06 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗