Pasadena · Condominium

240 S Mentor

240 S Mentor Avenue, Pasadena, CA 91106 · Pasadena

8Residences
3Stories
1991Year Built
Overview

240 S Mentor, a 1991 low-rise in Pasadena.

240 S Mentor is an 8-residence building located in Pasadena. The building dates to 1991 and rises three stories. Shared amenities include security.

Contact a Condos of LA advisor for current availability, pricing, and a private tour of 240 S Mentor.

Currently Available

Condos for sale & rent at 240 S Mentor

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Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.

Market

Recent sales at 240 S Mentor

$708Average Sold $/Sq Ft
$450HOA dues /mo
2Sales shown
DateResidenceBeds/BathsSq FtSale price$/Sq FtHOA dues
May 202622 bd · 3 ba1,485$890,000$599$450/mo
Oct 202512 bd · 3 ba1,375$1,135,000$825$450/mo

Closed sales at 240 S Mentor from MLS records.

The Building

Amenities & services

Security
Ownership, HOA & buyer diligence

What to know before you buy at 240 S Mentor

The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.

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Ownership
Condominium, individually owned residences
Building type
Low-rise
HOA dues
Current figures on request
Dues typically cover
Common-area upkeep, building insurance & amenity maintenance (inclusions vary)
Parking
On request
Pets & leasing
Pets permitted

Compiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.

Financing

Can you finance a condo at 240 S Mentor?

240 S Mentor has 8 residences, per our records. That's small enough that a conventional loan may qualify for a Fannie Mae or Freddie Mac project review waiver, open to 2 to 10 unit buildings since March 18, 2026, as long as the building isn't flagged and the insurance meets the rules. Buildings of 5 to 10 units also can't be part of a master association, so ask whether 240 S Mentor is.

The 15% reserve test that starts January 4, 2027 belongs to the Full Review for buildings over 10 units, so a waived review isn't tested on it. Lenders can still add their own rules, and the waiver turns on the unit count, so confirm it with the HOA.

In LA County, conventional loans reach $1,249,125 in 2026. Jumbo loans above that follow the lender's own condo rules, and non-QM loans work outside agency rules, typically with more down and a higher rate.

We'll follow up personally with what to ask the HOA at 240 S Mentor for, and what we find once the documents arrive.

Get a building check for 240 S Mentor

More on the rules: warrantable vs. non-warrantable condos and the 2027 condo loan rules.

General information as of October 27, 2026. This isn't lending advice; a lender's review decides whether a specific loan works in this building.

Location

In the heart of Pasadena

240 S Mentor places you at the center of Pasadena, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.

Private Showings

Arrange a private tour of 240 S Mentor.

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Building facts for 240 S Mentor (address, year, stories, residences and amenities) are compiled from public sources and may change; please verify with us.