NOT LISTED FOR SALE

Estimated Value: $916,000 - $1,428,000

7 Beds
3 Baths
3,164 Sq Ft
$345/Sq Ft Est. Value

About This Home

Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Additional property highlights include: Common laundry facility / Two water heaters/One electric meter and one gas meter/ Delivered with existing tenants in place This is a rare chance to secure a well-located, income-producing property with strong upside potential in a high-demand rental market. Whether you’re looking to expand your portfolio or begin a new project, this property offers both stability and opportunity. New sewer line.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Sanchez Ronald G
Bought by
Ronald G Sanchez Living Trust and Sanchez
Current Estimated Value
$1,083,766

Purchase Details

Closed on
Aug 2, 2024
Sold by
Edward Taves And Ophelia Taves Family Tr and Taves Shirley
Bought by
Sanchez Ronald G

Purchase Details

Closed on
Feb 26, 2018
Sold by
Brooks Erin
Bought by
Sanchez Ronald G

Purchase Details

Closed on
Feb 23, 2018
Sold by
Sanchez Ronald
Bought by
Taves Edward and Taves Ophelia

Purchase Details

Closed on
Dec 21, 2017
Sold by
Taves Edward and Taves Ophelia
Bought by
Taves Edward and Taves Ophelia
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ronald G Sanchez Living Trust -- None Listed On Document
Ronald G Sanchez Living Trust -- None Listed On Document
Sanchez Ronald G -- None Listed On Document
Sanchez Ronald G -- None Listed On Document
Sanchez Ronald G -- None Available
Taves Edward -- None Available
Taves Edward -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 Price Changed $925,000 -7.5% $292 / Sq Ft
11/13/2025 11/13/25 For Sale $1,000,000 -- $316 / Sq Ft

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,459 $1,304,661 $977,976 $326,685
2024 $14,707 $1,279,080 $958,800 $320,280
2023 $3,132 $220,081 $210,533 $9,548
2022 $3,035 $215,766 $206,405 $9,361
2021 $2,907 $211,536 $202,358 $9,178
2020 $5,672 $486,908 $463,496 $23,412
2019 $5,685 $477,361 $454,408 $22,953
2018 $2,747 $201,239 $192,507 $8,732
2016 $2,613 $193,427 $185,033 $8,394
2015 $2,584 $190,522 $182,254 $8,268
2014 $2,549 $186,791 $178,684 $8,107
Source: Public Records

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