NOT LISTED FOR SALE

1218 Pine St South Pasadena, CA 91030

5 Beds
7 Baths
20,447 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: December 12, 2025

Last sale price $6,400,000 $313 Per Sq Ft

94 Days on Market

Highlights

  • 0.39 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Arroyo Vista Elementary Rated A+

About This Home

As of December 2025

Located on a quiet, lovely, tree-lined street, 1218 Pine is a lovely property in South Pasadena. You are greeted with a pristine, manicured lawn and flowers and just wait until you see the entryway! Each unit comes with updated granite counter tops, dishwasher, central air, decorative hardware and light fixtures, and a balcony/patio. Spacious and comfortable, you will feel at home and at peace when you live at 1218 Pine.

Last Agent to Sell the Property

Kevin Lutz

Keller Williams Realty/Pasadena Brokerage Phone: 626-429-0685 License #00925595 Listed on: 07/14/2025

Keller Williams Realty/Pasadena

Co-Listed By

Kevin Hurley

Keller Williams Realty/Pasadena Brokerage Phone: 626-429-0685 License #01237798

Last Buyer's Agent

Kevin Lutz

Keller Williams Realty/Pasadena Brokerage Phone: 626-429-0685 License #00925595 Listed on: 07/14/2025

Keller Williams Realty/Pasadena

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 17,136 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage
  • 24 Carport Spaces

Home Design

  • Apartment
  • Entry on the 1st floor
  • Flat Roof Shape
  • Rolled or Hot Mop Roof
  • Composition Roof

Interior Spaces

  • 20,447 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / E
  • Assessor Parcel Number 5319021011
  • $5,835 per year additional tax assessments

Community Details

Building Details

  • 17 Leased Units
  • Rent Control
  • 17 Separate Electric Meters
  • Electric Expense $9,062
  • Gardener Expense $8,467
  • Insurance Expense $17,807
  • Maintenance Expense $33,199
  • Professional Management Expense $17,340
  • Trash Expense $7,745
  • Water Sewer Expense $8,158
  • New Taxes Expense $78,649
  • Operating Expense $197,542
  • Gross Income $2,700
  • Net Operating Income $339,178

Additional Features

  • 17 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Professional Management Expense: 17340.00
  • Property Attached: Yes
  • Water Sewer Expenses: 8158.00
  • Zoning: SPR310000*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 8467.00
  • Parcel Number: 5319021011
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 313.00

Exterior Features

  • Pool Private: No
  • Roof: Composition, Flat, Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Carport Spaces: 24.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 26.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 7745.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 17136.00
  • Lot Size Acres: 0.3934

Multi Family

  • Electric Expense: 9062.00
  • Gross Income: 2700.00
  • Gross Multiplier: 12.26
  • Gross Operating Income: 536720.00
  • Gross Scheduled Income: 553320.00
  • Insurance Expense: 17807.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2700.00
  • Lot Size Area: 17136.0000 Square Feet
  • Maintenance Expense: 33199.00
  • Net Operating Income: 339178.00
  • Number Of Separate Electric Meters: 17
  • Number Of Units Leased: 17
  • Number Of Units Total: 17
  • Operating Expense: 197542.00
  • Rent Control: Yes
  • Total Actual Rent: 45885.00
  • Total Expenses: 197542.00

Tax Info

  • New Taxes Expense: 78649.00
  • Tax Block: E
  • Tax Census Tract: 4807.04
  • Tax Lot: 6
  • Tax Tract Number: .
  • TaxOtherAnnualAssessmentAmount: 5835.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Off Market $2,595 -- --
12/12/2025 12/12/25 Sold $6,400,000 -5.7% $313 / Sq Ft
09/17/2025 09/17/25 Price Changed $6,785,000 0.0% $332 / Sq Ft
09/17/2025 09/17/25 Price Changed $2,595 +44.6% $3 / Sq Ft
09/16/2025 09/16/25 For Rent $1,795 0.0% --
07/14/2025 07/14/25 For Sale $7,300,000 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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 $93,660 $7,959,060 $2,392,920 $5,566,140
2024 $96,284 $7,803,000 $2,346,000 $5,457,000
2023 $14,854 $782,109 $145,843 $636,266
2022 $14,593 $766,775 $142,984 $623,791
2021 $14,250 $751,741 $140,181 $611,560
2019 $13,905 $729,446 $136,024 $593,422
2018 $13,358 $715,144 $133,357 $581,787
2016 $12,297 $687,377 $128,180 $559,197
2015 $12,074 $677,053 $126,255 $550,798
2014 $12,052 $663,791 $123,782 $540,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25155085

California Regional Multiple Listing Service (CRMLS)
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