529 541 S EL MOLINO Street
Pasadena, CA 91101
Listing broker / agent: Growth Investment Group Pasade · Handoko Chen · han.chen@growthinvestmentgroup.com · CRMLS
MLS # AR26139329 · Last checked Oct 8, 2026 06:35 UTC
About this property
TROPHY Class-A Location - 20-unit Steps from South Lake Ave, Erewhon, Caltech, and Old Town Pasadena | Attractive Returns with Major CapEx Completed | Bungalow Style Units + Expansive R3-Zoned Lot. HACIENDA GARDEN, a 20-unit apartment (2 x 10-unit) investment opportunity located in the highly desirable Playhouse District area of Pasadena, an eclectic cosmopolitan community rich in history and architecture. The property is right in the heart of Pasadena with short walking distance to multiple popular districts such as South Lake Ave Business District, Erewhon, CALTECH, and Old Town Pasadena. This offer provides investors with an opportunity to acquire a well-maintained asset in a trophy location with attractive return. It has a Walk Score of 81 out of 100. HACIENDA GARDEN is a 20-unit garden-style apartment community that consists of two properties: 529 S El Molino (10 units) and 541 S El Molino (10 units). It has a total building size of ±14,815 sqft and is situated on a large 30,367 sqft R3-zoned lot with excellent curb appeal and neatly manicured landscaping. It is exceptionally well-maintained in a Class-A neighborhood of Pasadena. 529 S El Molino is a bungalow style 10-unit with a total building size of 8,263 SF and situated on a 20,252 SF lot. It offers a gorgeous bungalow-style layout with center courtyard complete with attractive curb appeal. It has 10 units that are spread out over 5 buildings. Four of them are single story bungalows, and the fifth building is a two-story building. It has two (2) x 2-bedroom+1-bathroom, six (6) x 1-bedroom+1-bathroom, and two (2) x Studio units. Many units have been partially updated with refinished original hardwood floor, high 10ft ceiling, crown molding, upgraded bathroom, designer lighting fixtures, windows A/C, and tiled kitchen. The 4 back units are large with estimated size of ±1038 sqft per unit. The 541-S was built in 1950, has a total building size of 6,552 SF and is situated on a 10,115 SF lot. It is a two-story garden style apartment with brick pavers walkway. It offers ten (10) x 1-bedroom+1-bathroom units. The building has brand new staircases (rebuilt with permit) and several units have been updated with 2 units have full copper plumbing. The property does NOT have any tuck-under parking and does NOT require any soft story retrofit. It is individually metered for electricity and gas, and has a shared laundry room.
Property details
- MLS number
- AR26139329
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.6971 acres
- Year built
- 1950
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 91
Building
- Year built
- 1950
- Year built source
- Assessor
- Architectural style
- Bungalow, Mid Century Modern
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Roof
- Shingle
Rooms & interior
- Appliances
- Gas Range, Refrigerator
- Flooring
- Carpet, Laminate, Wood
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 19
- Garage spaces
- 0
- Carport spaces
- 14
- Parking
- Asphalt, Covered, Detached Carport, Driveway
- Pool
- None
- Spa
- None
- Lot features
- Thirty Six To Forty Units Acre, Front Yard, Garden, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level
- Lot size source
- Assessor
- Fencing
- None
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Community features
- Urban, Valley
Fees & lease terms
- Association
- No
- Association fee
- $0.00
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 |
| Blair High (school website, opens in a new tab) Pasadena Unified · Pasadena | 6–12 | 0.9 mi |
| Twentieth Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.2 mi |
| Madison Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 1.6 mi |
| Hamilton Elementary (school website, opens in a new tab) Pasadena Unified · Pasadena | Not reported | 1.7 mi |
| Valentine Elementary (school website, opens in a new tab) San Marino Unified · San Marino | K–5 | 1.8 mi |
| Huntington Middle (school website, opens in a new tab) San Marino Unified · San Marino | 6–8 | 1.8 mi |
| Marengo Elementary South Pasadena Unified · South Pasadena | K–5 | 1.9 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
- $6,780,000
- MLS-reported original asking price
- $6,780,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:28 | $6,780,000 |
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
12 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-08 07:59 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 ↗