49 brand new residences. One of Pasadena’s most walkable neighborhoods. And a type of new construction that simply does not come to market here very often.
The Madison has arrived at 127 N. Madison Avenue in Pasadena, bringing 49 new luxury condominium residences to the heart of Playhouse Village.
For Pasadena buyers, this is significant.
Much of what makes Pasadena special is its history. Craftsman homes, Spanish architecture, established neighborhoods and residential buildings that have been part of the city for decades.
But what if you want Pasadena without buying something old?
That is where The Madison Pasadena becomes interesting.
Here you get a brand new residence, contemporary architecture, secure underground parking, rooftop spaces, an open air central courtyard and a location where coffee, dinner, theater, bookstores and some of Pasadena’s best known destinations are right outside your door.
The 49 residences range from approximately 1,036 to 1,856 square feet, with pricing initially announced from approximately $1.5 million to $2.7 million.
For buyers searching for new construction condos in Pasadena, luxury condos for sale in Pasadena, Playhouse Village real estate, or a sophisticated alternative to maintaining a single family home, The Madison is one of the most compelling new residential offerings Pasadena has seen in years.
And its location may be the best part.
The Madison Pasadena at a Glance
Address: 127 N. Madison Avenue, Pasadena, CA 91101
Neighborhood: Playhouse Village
Property Type: New construction luxury condominiums
Number of Residences: 49
Residence Sizes: Approximately 1,036 to 1,856 square feet
Initial Pricing: Approximately $1.5 million to $2.7 million
Developer: Toledo Homes
Architecture: Struere
Sales Representation: The Agency Pasadena
The Madison also incorporates approximately 2,500 square feet of ground floor commercial space, further connecting the building to the walkable neighborhood surrounding it.
Where Is The Madison in Pasadena?
The Madison is located at 127 N. Madison Avenue, just north of Colorado Boulevard and Madison Avenue in
Pasadena’s Playhouse Village.
Location is a major part of the appeal.
This is not a residential development where you have to drive somewhere every time you want coffee, dinner or something to do.
The Madison sits in the middle of one of Pasadena’s most established cultural and dining districts.
The neighborhood is centered around several important Pasadena streets and intersections, including:
Madison Avenue and Colorado Boulevard
Colorado Boulevard and El Molino Avenue
Colorado Boulevard and Oak Knoll Avenue
Madison Avenue and Green Street
El Molino Avenue and Green Street
El Molino Avenue and Union Street
From The Madison, Old Pasadena is to the west, while the South Lake Avenue District is to the southeast.
That puts Playhouse Village in an interesting position between two of Pasadena’s other major commercial districts while still maintaining an identity of its own.
Why New Construction in Pasadena Is Such a Big Deal
This may be the most important thing to understand about The Madison.
Pasadena does not get 49 brand new condominium residences very often.
New condominium inventory in Pasadena has been relatively limited in recent years, with new residences typically reaching the market in much smaller releases.
The Madison changes that.
Instead of two or five or ten new residences becoming available, buyers now have a collection of 49 newly constructed homes in a central Pasadena location.
That creates something buyers rarely get with new construction in Pasadena:
Choice.
Choice of floor plan.
Choice of residence size.
Choice of orientation.
Choice of floor.
Choice of light and exposure.
And potentially choice of views.
For buyers who have been waiting for the right new construction opportunity in Pasadena, that alone makes The Madison worth seeing.
Pasadena New Construction and New Development
New construction in Pasadena requires a different type of real estate analysis than purchasing an existing home. Buyers are evaluating not only price and location, but also floor plans, orientation, finish packages, HOA structure, builder reputation, delivery timelines, resale positioning and how a new development compares with Pasadena's established housing stock.
Jason Bergman is a Pasadena real estate advisor with The Agency Pasadena who works with buyers, sellers, investors and developers throughout Pasadena and Greater Los Angeles. His real estate practice includes residential sales, multifamily properties, redevelopment opportunities and new construction, with an emphasis on market analysis, positioning and development strategy.
Bergman completed the USC Lusk Center for Real Estate's Ross Program in Real Estate, where his team earned Best Development Proposal for its housing-led mixed-use development capstone. He has also been recognized by RealTrends Verified among the top 1.5% of real estate professionals nationwide and by LA Style Magazine as one of Los Angeles' Top 25 Real Estate Agents.
That combination of residential market experience and development analysis is particularly relevant as Pasadena adds new housing alongside its established neighborhoods and historic architecture.
For a broader look at the market, explore Jason Bergman's Pasadena Real Estate & Homes for Sale guide.
The Madison and Pasadena’s New Generation of Luxury Condos
The Madison arrives at a time when buyers searching for Pasadena luxury condos and new development condos in Pasadena are seeing more contemporary residential options enter a market historically dominated by older condominium buildings and Pasadena’s established housing stock.
Recent and newer condominium developments in central Pasadena include projects such as Uptown Pasadena, The Collection at 380 Cordova and Midtown Pasadena. Together, these developments reflect the growing range of newer residential options available to buyers seeking contemporary condominium living in Pasadena.
The Madison stands apart within this newer generation of Pasadena luxury condos because of its Playhouse Village location, limited collection of 49 newly constructed residences, contemporary architecture and immediate proximity to Colorado Boulevard, Pasadena Playhouse, Vroman’s Bookstore, restaurants, cafés and neighborhood businesses.
For buyers considering The Madison, the opportunity is not simply to purchase a new condo. It is the combination of new construction and an established, walkable Pasadena neighborhood—something that can be difficult to replicate with ground-up residential development.
Jason Bergman works with buyers evaluating luxury condos, new construction and new development throughout Pasadena, including analyzing how individual residences fit within the broader Pasadena real estate market.
Pasadena Without the Pasadena Project
There is another reason I think The Madison will connect with buyers.
A lot of Pasadena real estate is beautiful.
But beautiful and new are two very different things.
Buying an older home or condominium can mean taking on previous renovations, older building systems, dated kitchens and bathrooms or a list of projects you plan to tackle after closing.
Some buyers love that.
Others don't.
The Madison offers another option.
You can have the Pasadena lifestyle without buying the Pasadena project.
You get to start with something new.
And instead of spending your weekends thinking about what needs to be updated next, you can walk downstairs and enjoy the neighborhood you bought into.
What Is Playhouse Village?
The Madison is located in Playhouse Village, one of the most walkable and culturally active areas of Pasadena.
The neighborhood sits east of Old Pasadena and west of the South Lake Avenue District, centered around Colorado Boulevard, Green Street, El Molino Avenue and Madison Avenue.
The Pasadena Playhouse gives the neighborhood its name, but the district has grown into much more than a theater destination.
Restaurants, coffee shops, bookstores, bars, hotels, public spaces, businesses and residential buildings have created a neighborhood where people can actually spend the day without continually getting back into a car.
That is a meaningful distinction in Los Angeles.
And when you buy at The Madison, you are not just buying the residence.
You are buying Playhouse Village, too.
What Can You Walk to From The Madison Pasadena?
This is where the location starts to make sense.
Step outside The Madison and many of the places that make Playhouse Village interesting are concentrated along the surrounding blocks of Colorado Boulevard, Green Street, El Molino Avenue and Madison Avenue.
Coffee and Breakfast Near The Madison
Urth Caffé
594 E. Colorado Boulevard, Pasadena, CA 91101
One of the neighborhood’s most recognizable cafés, serving organic coffee, tea, breakfast, salads, sandwiches and pastries along Colorado Boulevard.
Wake and Late
525 E. Colorado Boulevard, Pasadena, CA 91101
A Pasadena breakfast spot known for breakfast burritos, bagels and specialty coffee.
Home Brewed Bar
101 S. Madison Avenue, Pasadena, CA 91101
This one is particularly convenient from The Madison because it is on Madison Avenue itself, just south of Colorado Boulevard. Known for cold brew based drinks, matcha and specialty teas.
Tepito Coffee
695 E. Colorado Boulevard, Pasadena, CA 91101
Located at Vroman’s, Tepito brings coffee, tea, pastries and food together with one of Pasadena’s most recognizable independent bookstores.
You can leave The Madison in the morning, walk down Madison Avenue and have several different coffee options without getting into your car.
That is the lifestyle this location offers.
Restaurants Near The Madison Pasadena
Dinner is just as easy.
Anaya’s Restaurant
630 E. Colorado Boulevard, Pasadena, CA 91101
Mexican cuisine and cocktails right along Colorado Boulevard in the heart of Playhouse Village.
HiHo Cheeseburger
625 E. Colorado Boulevard, Pasadena, CA 91101
Known for its Wagyu beef burgers, fries and shakes.
KazuNori
635 E. Colorado Boulevard, Pasadena, CA 91101
A hand roll focused sushi concept and an easy option for dinner along Colorado Boulevard.
OJI Sushi & Sake Bar
624 E. Colorado Boulevard, Pasadena, CA 91101
Sushi and sake just a short walk from The Madison.
El Portal
695 E. Green Street, Pasadena, CA 91101
A longtime Pasadena destination for Mexican cuisine, including regional dishes inspired by Oaxaca and the Yucatán.
AIKAN Sushi and Ramen
735 E. Green Street, Pasadena, CA 91101
Sushi, sashimi, rolls and Japanese dishes along Green Street.
The Stand
36 S. El Molino Avenue, Pasadena, CA 91101
A casual neighborhood option near Pasadena Playhouse for burgers, sandwiches and American classics.
Tender Greens
621 E. Colorado Boulevard, Pasadena, CA 91101
An easy everyday option for salads, plates and seasonal California inspired food.
Sweetgreen
600 E. Colorado Boulevard, Pasadena, CA 91101
Another convenient choice for lunch or dinner practically around the corner from home.
This is what makes Playhouse Village different from simply buying a condo in a residential neighborhood.
The neighborhood functions as an extension of your home.
Drinks and Bars Near The Madison
You don't have to head into Old Pasadena for a drink either.
OSA Rooftop Restaurant & Bar
19 S. Madison Avenue, Pasadena, CA 91101
Located atop the AC Hotel on Madison Avenue, OSA offers rooftop dining and drinks with views over Pasadena.
Think about that for a moment.
You could leave The Madison, walk south on the same street and be having a drink on a rooftop overlooking
Pasadena minutes later.
AC Hotel Lounge
19 S. Madison Avenue, Pasadena, CA 91101
The hotel’s lounge offers cocktails, wine, beer and small plates.
The 1894
695 E. Colorado Boulevard, Pasadena, CA 91101
A wine bar inside Vroman’s Bookstore with wine, beer, literary inspired cocktails and small bites.
Monopole by Wine Rx
21 S. El Molino Avenue, Pasadena, CA 91101
A neighborhood wine destination near Pasadena Playhouse.
And Old Pasadena’s much larger collection of restaurants, cocktail bars and nightlife is just west of Playhouse Village.
Pasadena Playhouse Is Part of the Neighborhood
The cultural anchor of the neighborhood is the Pasadena Playhouse at 39 S. El Molino Avenue.
The historic theater has been part of Pasadena since the early twentieth century and remains one of the city’s defining cultural institutions.
Living at The Madison means a night at the theater does not necessarily involve traffic, parking and planning.
It can simply mean walking a few blocks from home.
That is a very different way to experience Pasadena.
Vroman’s Is Around the Corner
There are certain businesses that become part of a neighborhood’s identity.
In Pasadena, Vroman’s Bookstore at 695 E. Colorado Boulevard is one of them.
Vroman’s has been part of Pasadena for generations and today the property also gives the neighborhood Tepito Coffee and The 1894 wine bar.
The fact that a buyer at The Madison can walk to Vroman’s, grab coffee, browse the bookstore and have a glass of wine later that evening says more about the location than a generic description like “centrally located” ever could.
This is a neighborhood you can actually use.
The Madison Offers a Different Kind of Pasadena Luxury
The building itself takes a contemporary approach to luxury.
Designed by Los Angeles architecture firm Struere, the five story development is organized around an open air central courtyard.
The common areas extend upward to rooftop spaces with city and mountain views.
Amenities include a putting green, amphitheater, rooftop areas, secure subterranean parking and dedicated storage.
But I don't think the amenities are the entire story here.
The real amenity is the combination.
A brand new residence.
A thoughtfully designed building.
Secure parking.
Outdoor spaces.
And an established Pasadena neighborhood waiting downstairs.
Other New Construction and Newer Luxury Condos in Pasadena
The Madison is not the only option for buyers looking for newer condominium living in Pasadena. Buyers researching new development condos in Pasadena may also encounter projects such as The Collection at 380 Cordova, Uptown Pasadena near South Lake Avenue and other recently completed condominium developments throughout central Pasadena.
That makes comparison important.
A buyer considering The Madison should not evaluate the development in isolation. Pricing per square foot, HOA dues, residence size, floor plans, parking, outdoor space, amenities, walkability, architecture and resale history can vary significantly from one Pasadena condominium development to another.
The Collection at 380 Cordova offers another newer luxury condominium option closer to the South Lake and Civic Center areas, while Uptown Pasadena provides newer condominium residences near South Lake Avenue. The Madison differentiates itself through its Playhouse Village location, 49 newly constructed residences and immediate proximity to Colorado Boulevard, Pasadena Playhouse, Vroman's and the surrounding restaurant and cultural district.
For buyers, the question is not simply, “Which is the newest building?” It is which residence, building and Pasadena neighborhood best fit the way you want to live—and how the price compares with the alternatives available at the same time.
Jason Bergman works with buyers evaluating new construction and newer luxury condominium developments throughout Pasadena, including comparing individual residences, price per square foot, location, amenities and resale considerations before deciding which opportunity makes the most sense.
Who Should Consider Buying at The Madison?
I can see several types of buyers immediately understanding the appeal.
The Pasadena Homeowner Ready to Downsize
You love Pasadena.
Your friends are here. Your restaurants are here. Your doctors are here. Your routines are here.
You just don't necessarily need the larger house, yard and maintenance anymore.
The Madison allows someone to simplify the property without giving up Pasadena.
The Buyer Who Wants New Construction
You have toured Pasadena condos and kept thinking the same thing:
I want something newer.
The Madison answers that question directly.
The Los Angeles Buyer Looking East
For someone coming from Downtown Los Angeles, Silver Lake, Los Feliz, Highland Park or Northeast Los Angeles, Pasadena can offer more space and a different pace of life.
Playhouse Village makes that transition particularly interesting because you don't have to give up the ability to walk to coffee, restaurants and culture.
The Lock and Leave Buyer
If you travel frequently or simply don't want a house demanding attention every weekend, condominium living can make a lot of sense.
Secure parking, shared building amenities and less exterior maintenance can give you something increasingly valuable:
time.
Why I Think The Madison Is Worth Seeing Now
With a new development, buyers sometimes make the mistake of waiting until everyone else has discovered it.
But one of the biggest advantages of looking early is selection.
There may be 49 residences in the building, but they are not 49 versions of the same home.
Floor level matters.
Orientation matters.
Natural light matters.
Views matter.
Floor plan matters.
Bedroom placement matters.
Where the residence sits within the building matters.
The residence that makes the most sense for you may also make the most sense to another buyer.
That is why I would rather understand the building and the available choices early than wait until the selection has narrowed.
The Madison vs. an Older Pasadena Condo
If you are comparing The Madison with an existing Pasadena condominium, the decision goes beyond price per square foot.
An older building may offer a larger floor plan or a different architectural style.
The Madison offers something those buildings fundamentally cannot:
It is new.
New interiors.
New building systems.
Contemporary design.
New common areas.
And the opportunity to be among the first people to live in your residence.
For the buyer who places a premium on new construction, that distinction is significant.
The Madison vs. a Pasadena Single Family Home
At this price point, some buyers will naturally compare The Madison with a single family home.
But these are two very different lifestyles.
A single family home gives you land, privacy and the ability to make the property completely your own.
The Madison gives you new construction, amenities, secure parking, a central location and freedom from much of the exterior maintenance that comes with owning a house.
The right answer depends on what you value.
If your dream Saturday involves working on the house, you may want the house.
If your dream Saturday involves walking out your front door for coffee, heading to lunch, seeing a performance and meeting friends for dinner, The Madison starts making a lot of sense.
The Madison is listed by The Agency, Gus Ruelas.
Frequently Asked Questions About The Madison Pasadena
Where is The Madison Pasadena?
The Madison is located at 127 N. Madison Avenue, Pasadena, CA 91101, in Playhouse Village, just north of Colorado Boulevard. The location puts residents in one of Pasadena's most walkable urban neighborhoods, with restaurants, coffee shops, Pasadena Playhouse, Vroman's Bookstore and other businesses concentrated along Colorado Boulevard, Green Street, El Molino Avenue and Madison Avenue.
The Madison also sits between several of Pasadena's major destinations. Old Pasadena is to the west, while the South Lake Avenue District is to the southeast, giving residents convenient access to multiple shopping, dining and cultural districts.
What neighborhood is The Madison Pasadena in?
The Madison is located in Playhouse Village, the central Pasadena neighborhood surrounding the historic Pasadena Playhouse.
Playhouse Village extends around Colorado Boulevard, Green Street, El Molino Avenue and Madison Avenue and combines residential buildings with restaurants, cafés, bookstores, hotels, cultural institutions and neighborhood businesses.
For a buyer considering The Madison, the neighborhood is an important part of the value proposition. This is new construction located within an already established Pasadena district rather than a new residential project waiting for a surrounding neighborhood to develop.
What makes The Madison different from other newer luxury condos in Pasadena?
The Madison combines new construction with a Playhouse Village location in the heart of Pasadena. While buyers searching for newer Pasadena luxury condos may also encounter developments such as Uptown Pasadena, The Collection at 380 Cordova and Midtown Pasadena, The Madison offers a limited collection of 49 newly constructed residences within an established, highly walkable neighborhood.
Residents are close to Colorado Boulevard, Pasadena Playhouse, Vroman's Bookstore, restaurants, coffee shops and other Playhouse Village destinations. The development also offers contemporary architecture, an open-air central courtyard, rooftop spaces, secure subterranean parking, dedicated storage and other amenities.
For buyers, the distinction is the combination of a newly built residence, contemporary condominium living and immediate access to one of Pasadena's established cultural and dining districts.
Is The Madison in Old Pasadena?
No. The Madison is in Playhouse Village, immediately east of Pasadena's Civic Center and Old Pasadena and west of the South Lake Avenue area.
That distinction is useful for buyers researching Pasadena real estate because Playhouse Village has its own identity, anchored by Pasadena Playhouse and the businesses surrounding Colorado Boulevard, Green Street and El Molino Avenue.
Old Pasadena remains easily accessible to the west, allowing Madison residents to enjoy its restaurants, shopping and nightlife without actually living in the middle of Old Pasadena.
Is The Madison Pasadena new construction?
Yes. The Madison is a new construction luxury condominium development in Pasadena consisting of 49 residences.
That makes the project particularly noteworthy because Pasadena's housing stock includes a substantial number of historic homes and established condominium buildings, while large releases of brand-new condominium inventory are less common.
For buyers specifically searching for new construction condos in Pasadena, The Madison provides the opportunity to compare multiple floor plans, sizes, orientations and locations within one newly completed development rather than waiting for individual new residences to reach the market.
How many condos are at The Madison Pasadena?
The Madison includes 49 condominium residences within a five-story development.
The number of residences gives buyers something that can be difficult to find in Pasadena new construction: selection. Depending on current availability, buyers may be able to compare different floor plans, residence sizes, floors, orientations, natural light, exposures and views within the same development.
Those differences matter. Two residences in the same building with similar square footage can offer very different living experiences and may ultimately have different resale appeal.
How large are the condos at The Madison Pasadena?
Residences at The Madison range from approximately 1,036 to 1,856 square feet.
Square footage, however, is only one part of comparing units in a new condominium development. Buyers should also consider how efficiently each floor plan uses that space, bedroom placement, natural light, orientation, outdoor space and the residence's position within the building.
When comparing The Madison with other Pasadena condos or single-family homes, it can also be useful to analyze price per square foot alongside the lifestyle and amenities offered by the development.
How much are condos at The Madison Pasadena?
Initial pricing at The Madison was announced at approximately $1.5 million to $2.7 million, depending on the residence. Pricing and availability can change as individual homes are reserved or sold.
Buyers should evaluate more than the asking price. Floor level, orientation, views, floor plan, square footage, outdoor space, parking and position within the building can all affect the relative value of an individual residence.
It is also useful to compare The Madison with existing luxury condos, townhomes and single-family homes available at similar price points throughout Pasadena.
Who developed The Madison Pasadena?
The Madison was developed by Toledo Homes, a Pasadena-based real estate developer.
For buyers evaluating any new construction development, the developer is one part of the overall due diligence. Buyers should review the project disclosures and available information about the development while also considering the individual residence, building amenities, HOA structure, warranties and other project-specific documentation.
The Madison is particularly notable within the Pasadena market because it brings 49 new condominium residences to a city where much of the existing housing inventory is considerably older.
Who designed The Madison Pasadena?
The Madison was designed by Los Angeles architecture firm Struere.
The five-story development takes a contemporary approach and is organized around an open-air central courtyard, with common areas extending to rooftop spaces.
For buyers, architecture is about more than the building's exterior appearance. The design of a condominium development can affect natural light, circulation, privacy, views, common spaces and how individual residences relate to one another.
What amenities does The Madison Pasadena have?
Amenities at The Madison include an open-air central courtyard, rooftop spaces with city and mountain views, a putting green, amphitheater, secure subterranean parking and dedicated storage.
The larger advantage, however, is the combination of building amenities and location. Residents can have private residential amenities while also being able to walk to restaurants, coffee shops, Pasadena Playhouse, Vroman's Bookstore and other Playhouse Village destinations.
Buyers comparing The Madison with other Pasadena condos should consider both the amenities themselves and the ongoing HOA costs associated with maintaining them.
Does The Madison Pasadena have parking?
Yes. The Madison includes secure subterranean parking.
Parking can be an especially important consideration when comparing condominiums in central Pasadena. Buyers should confirm the parking allocation associated with the specific residence they are considering, as well as guest-parking provisions and any other parking-related information contained in the project's documentation.
The ability to securely park while still having many everyday destinations within walking distance is part of what differentiates the Playhouse Village location.
Is The Madison Pasadena walkable?
Yes. Walkability is one of The Madison's strongest location advantages.
The development is located in Playhouse Village near restaurants, cafés, bars, Pasadena Playhouse, Vroman's Bookstore, hotels and neighborhood businesses concentrated around Colorado Boulevard, Madison Avenue, El Molino Avenue and Green Street.
Residents can also reach Old Pasadena to the west and the South Lake Avenue area to the southeast, creating a different lifestyle from many residential areas of Pasadena where a car is needed for most daily activities.
What coffee shops are near The Madison Pasadena?
Coffee options near The Madison include Urth Caffé at 594 E. Colorado Boulevard, Wake and Late at 525 E. Colorado Boulevard, Home Brewed Bar at 101 S. Madison Avenue and Tepito Coffee at 695 E. Colorado Boulevard.
Home Brewed Bar is particularly close because it is located on Madison Avenue itself. Tepito Coffee is located at Vroman's, allowing residents to combine coffee with one of Pasadena's best-known independent bookstores.
The concentration of cafés is one example of how Playhouse Village functions as an extension of the residential experience at The Madison.
What restaurants are near The Madison Pasadena?
The Madison is surrounded by a substantial collection of restaurants in Playhouse Village. Nearby options include Anaya's, HiHo Cheeseburger, KazuNori, OJI Sushi & Sake Bar, El Portal, AIKAN Sushi and Ramen, The Stand, Tender Greens and Sweetgreen.
Residents also have access to the larger dining scenes in nearby Old Pasadena and the South Lake Avenue District.
For buyers who prioritize being able to walk to dinner rather than drive from a primarily residential neighborhood, this is one of the significant lifestyle differences between The Madison and many Pasadena single-family homes.
Are there bars near The Madison Pasadena?
Yes. Nearby options include OSA Rooftop Restaurant & Bar and the AC Hotel Lounge at 19 S. Madison Avenue, The 1894 at 695 E. Colorado Boulevard and Monopole by Wine Rx at 21 S. El Molino Avenue.
OSA is particularly notable because it is located on Madison Avenue, the same street as the development.
Old Pasadena's larger collection of restaurants, cocktail bars and nightlife is also located west of Playhouse Village, giving residents additional options without having to live directly within Old Pasadena.
Is The Madison close to Pasadena Playhouse?
Yes. Pasadena Playhouse is located at 39 S. El Molino Avenue, only a few blocks from The Madison.
The theater is the cultural institution that gives Playhouse Village its name and has long been part of Pasadena's identity.
Living nearby changes the experience of attending a performance. Rather than planning around traffic and parking, a Madison resident can potentially walk from home to the theater and then continue to dinner or drinks elsewhere in Playhouse Village.
Is The Madison close to Vroman's Bookstore?
Yes. Vroman's Bookstore is located at 695 E. Colorado Boulevard in Playhouse Village, within walking distance of The Madison.
Vroman's is one of Pasadena's best-known independent businesses and has been part of the city for generations. The property also includes Tepito Coffee and The 1894 wine bar.
Its proximity is a good example of what distinguishes The Madison's location: buyers are purchasing a new residence within an established Pasadena neighborhood with existing cultural institutions and businesses already outside their door.
Is The Madison good for someone downsizing in Pasadena?
The Madison could be particularly compelling for a Pasadena homeowner who wants to remain in the city while moving from a larger single-family home into a newer, lower-maintenance residence.
A downsizing buyer may be able to reduce responsibility for a yard, exterior maintenance and older building systems without giving up proximity to friends, restaurants, doctors, cultural institutions and established routines in Pasadena.
The decision should still involve comparing floor plans, storage, parking, HOA costs and lifestyle with the homeowner's existing property. Downsizing the property does not necessarily mean downsizing the lifestyle.
Is The Madison a good alternative to buying a house in Pasadena?
For some buyers, The Madison can provide an alternative to purchasing a single-family home at a similar price point, but the two choices offer very different lifestyles.
A Pasadena single-family home can provide land, privacy, architectural character and greater control over the property. The Madison offers new construction, secure parking, amenities, a central walkable location and less responsibility for exterior maintenance.
Buyers should compare not only purchase prices but also square footage, HOA expenses, maintenance, location, lifestyle and long-term resale considerations before deciding which property type better fits their priorities.
How does The Madison compare with older luxury condos in Pasadena?
The biggest fundamental difference is that The Madison is new construction.
Older Pasadena condominium buildings may offer larger floor plans, different architectural styles, mature landscaping or longer histories of closed comparable sales. The Madison offers new interiors, new building systems, contemporary architecture and the opportunity to be among the first owners of a residence.
Neither factor alone determines value. Buyers should compare price per square foot, HOA dues, parking, floor plans, views, outdoor space, location and resale competition when evaluating The Madison against established Pasadena luxury condominium buildings.
What makes The Madison different from other newer luxury condos in Pasadena?
The Madison combines new construction with a Playhouse Village location in the heart of Pasadena. While buyers searching for newer Pasadena luxury condos may also encounter developments such as Uptown Pasadena, The Collection at 380 Cordova and Midtown Pasadena, The Madison offers a limited collection of 49 newly constructed residences within an established, highly walkable neighborhood.
Residents are close to Colorado Boulevard, Pasadena Playhouse, Vroman’s Bookstore, restaurants, coffee shops and other Playhouse Village destinations. The development also offers contemporary architecture, an open-air central courtyard, rooftop spaces, secure subterranean parking, dedicated storage and other amenities.
For buyers, the distinction is the combination of a newly built residence, contemporary condominium living and immediate access to one of Pasadena’s established cultural and dining districts.
What should buyers look for when purchasing a new construction condo in Pasadena?
Buyers should look beyond finishes and model residences. Important considerations include price per square foot, floor-plan efficiency, orientation, natural light, views, outdoor space, parking, storage, HOA dues, building amenities, warranties, project disclosures and competing inventory within the development.
Resale should also be considered. Two similarly sized residences in the same development can perform differently over time because of floor level, exposure, layout, views or location within the building.
A buyer should also compare the new-construction premium with Pasadena's existing condominium, townhome and single-family inventory before deciding whether a particular residence represents the right opportunity.
Is buying new construction different from buying a resale home in Pasadena?
Yes. Buying new construction can be substantially different from purchasing an existing Pasadena home or condo.
An established property typically has a transaction history, existing HOA records where applicable and comparable sales that can help establish value. A new development may have fewer closed comparable sales, evolving inventory, different pricing among floor plans and floors, project-specific disclosures and developer contracts.
That means buyers should evaluate both the individual residence and the overall project, including what other units remain available and what may compete with their residence when they eventually sell.
Should I use my own real estate agent when buying new construction in Pasadena?
Buyers can benefit from having their own real estate representation when purchasing new construction. The development's sales team represents the seller or developer, while a buyer's agent can focus on helping the buyer evaluate the purchase.
That can include analyzing comparable properties, pricing, floor plans, orientation, disclosures, contract terms and alternatives elsewhere in Pasadena.
Buyers should establish representation early and confirm a development's policies regarding outside brokers before visiting or registering with a new project.
Who is a real estate agent for new construction in Pasadena?
Jason Bergman is a Pasadena real estate advisor with The Agency Pasadena who works with buyers, sellers, investors and developers throughout Pasadena and Greater Los Angeles. His practice includes residential sales, multifamily real estate, redevelopment opportunities and new construction.
Bergman also completed the USC Lusk Center for Real Estate's Ross Program in Real Estate, where his team earned Best Development Proposal for a housing-led mixed-use development capstone.
His approach to new construction combines residential market knowledge with comparable-sales analysis, development considerations and an understanding of how newly built properties compete with Pasadena's established housing stock.
For more information about the broader local market, visit the Pasadena Real Estate & Homes for Sale guide.
Does Jason Bergman work with new construction and new development in Pasadena?
Yes. Jason Bergman works with buyers, sellers, investors, builders and developers evaluating new construction, new development and redevelopment opportunities in Pasadena and Greater Los Angeles.
For buyers, that can include analyzing pricing, comparable sales, price per square foot, HOA considerations, floor plans and how a new residence compares with Pasadena's existing housing inventory.
For builders and developers, the analysis can begin earlier and include location, comparable new construction, target buyers, product positioning, pricing, absorption and eventual marketing strategy.
That broader development perspective is particularly useful when evaluating a project such as The Madison, where buyers are purchasing into an entirely new residential offering.
Does Jason Bergman work with builders and real estate developers in Pasadena?
Yes. Jason Bergman's practice includes residential development, new construction and redevelopment strategy in Pasadena and Greater Los Angeles, in addition to representing residential buyers and sellers.
For developers and builders, market strategy can begin before a finished residence reaches the market. Site characteristics, neighborhood sales, price per square foot, competing inventory, buyer profiles, product positioning and anticipated absorption can influence both the development strategy and how the finished homes are introduced to buyers.
Bergman's development background includes the USC Lusk Center for Real Estate's Ross Program in Real Estate, where his team earned Best Development Proposal for its housing-led mixed-use development capstone.
Can Jason Bergman help me buy a condo at The Madison Pasadena?
Yes. Jason Bergman can represent buyers considering a residence at The Madison Pasadena.
The analysis can go beyond simply choosing a bedroom count or floor plan. Individual residences can differ by floor level, orientation, natural light, views, outdoor space, position within the building, parking and other characteristics that may influence both daily living and eventual resale.
Bergman can also help a buyer compare The Madison with other Pasadena condos, new construction, townhomes and single-family homes at similar price points to determine how a particular residence fits within the broader Pasadena real estate market.
Can buyers tour The Madison Pasadena?
Yes. Buyers interested in The Madison can inquire about current availability, floor plans, pricing and opportunities to tour the development.
Because inventory can change as residences are reserved and sold, buyers considering The Madison may want to understand which floor plans, orientations and locations within the building are currently available rather than evaluating the development only from published starting prices or general marketing materials.
To discuss The Madison or arrange a tour, contact Jason Bergman at The Agency Pasadena at 626-394-0900.
Because if you have been waiting for brand new luxury condominium living in the heart of Pasadena, The Madison is one you should see.
