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$869,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,373 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago
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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.

Full Property Details for 515 S Madison Ave #2

General

  • Price: $869,000
  • HOA FEE: $660/month
  • Status: Active
  • Type: Condo
  • Source: MRMLS
  • MLS ID: CV25230610
  • Updated: 1/11/2026
  • Days on Market: 92 days
  • Added to Site: 92 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Up, Attic, Kitchen, Laundry, Walk-In Closet
  • Interior Features: Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan
  • Fireplace: Yes
  • Fireplace(s): Living Room, Gas, Raised Hearth
  • Eating Areas: Breakfast Counter/Bar
  • Appliances: Dishwasher, Gas Cooktop, Range Hood, Refrigerator
  • Flooring: Carpet, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Closet, Upper Level

Additional Information

  • Shared Amenities: Earthquake Insurance, Insurance, Trash, Water
  • Pool Description: None
  • Spa Description: None

Exterior

  • Deck/Patio: Enclosed, See Remarks

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Garage (Two Doors), Off-Street

Location

  • County: Los Angeles
  • Driving Directions: California Avenue to Madison

School Information

  • School District: Pasadena Unified
  • High School: BLAIR

Community

  • Community Features: Sidewalks
  • Assoc. Name: Cornerstone

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Water: See Remarks

Structural Information

  • Architectural Style: Craftsman
  • Structure Type: Condominium
  • Common Walls: 2 Common Walls (or More)
  • Windows: Blinds, Shutters
  • Doors: Sliding Doors
  • Entry Location: Main Level
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 1,373
  • Sq. Ft. Source: Public Records
  • Year Built: 1987
  • Year Built Source: Assessor
  • Property Condition: Turnkey

Unit Information

  • Units in Complex: 8

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.3037
  • Lot Size (Sq. Ft.): 13,227
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $632.92
  • Association Fee: $660
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Third Party Approval

Listed by Century 21 Citrus Realty Inc, Lisa Pimentel

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Listing agent

— 515 S Madison Ave #2 —

  • Lisa Pimentel

    Century 21 Citrus Realty Inc

626-391-2149

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 515 S Madison Ave #2

School District:Pasadena Unified School District
NameGradesDistance
McKinley School
325 South Oak Knoll Avenue, Pasadena, CA 91101
K-50.3 mi
Blair High School
1201 South Marengo Avenue, Pasadena, CA 91106
6-80.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 S Madison Ave #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2025
Price Reduced
$869,000
-2.25%
MLS
10/15/2025
Listed
$889,000
25.74%
MLS
5/14/2018
Sold
$707,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 515 S Madison Ave #2

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,476
6%
$804,440
4%
2023
$8,910
4%
$773,204
2%
2022
$8,600
4%
$758,044
2%
2021
$8,247
4%
$743,181
1%
2020
$7,913
—
$735,562
2%
2019
$7,935
21%
$721,140
26%
2018
$6,551
1%
$573,320
2%
2017
$6,472
2%
$562,080
2%
2016
$6,335
1%
$551,060
2%
2015
$6,265
4%
$542,783
4%
2014
$5,996
9%
$520,000
10%
2013
$5,503
—
$474,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 515 S Madison Ave #2

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Century 21 Citrus Realty Inc, Lisa Pimentel

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515 S Madison Avenue #2, Pasadena, CA 91101 (MLS# CV25230610) is a Condo property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 515 S Madison Avenue #2 is currently listed for $869,000 and was received on October 15, 2025. Want to learn more about 515 S Madison Avenue #2? Do you have questions about finding other Condo real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

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