HUGE Price Reduction! Now $365,000 Seller is Highly Motivated — Purchased January 2025 for $428,000! Welcome to El Molino Terrace, one of Pasadena’s most desirable gated communities in the Playhouse District. This updated, sun-filled studio is now being offered at a massive price reduction by a highly motivated seller. The price has now been slashed to $365,000, creating an exceptional opportunity for both first-time buyers and savvy investors looking for a high-demand rental. The open layout includes new vinyl plank flooring, fresh paint, and a bright living area that leads to a private balcony overlooking the courtyard and pool. The kitchen features granite countertops, stainless steel appliances, and a convenient breakfast bar. An updated bathroom and two generous closets—one equipped with an in-unit washer and dryer—provide comfort and functionality. Located steps from the Pasadena Playhouse, Paseo Colorado, Old Town, Caltech, and the Metro Gold Line, this studio offers unbeatable value in one of Pasadena’s premier locations. Don’t miss this opportunity to secure a fantastic property at a truly remarkable price.