NOT LISTED FOR SALE

1242 N Mentor Ave Pasadena, CA 91104

Bungalow Heaven Neighborhood
20 Beds
18 Baths
10,840 Sq Ft
0.49 Acres

Last Sold September 06, 2023

Last sale price $4,500,000 $415 Per Sq Ft

77 Days on Market

About This Home

As of September 2023

This home is located at 1242 N Mentor Ave, Pasadena, CA 91104 since 19 June 2023. This property was built in 1962. 1242 N Mentor Ave is a home located in Los Angeles County with nearby schools including Longfellow (Henry W.) Elementary School, Charles W. Eliot Arts Magnet Academy, and Pasadena High School.

Last Agent to Sell the Property

Tony Azzi

Tony Azzi License #00910513 Listed on: 06/19/2023

Last Buyer's Agent

Tony Azzi

Tony Azzi License #00910513 Listed on: 06/19/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.49 Acre Lot

Parking

  • 32 Parking Spaces

Interior Spaces

  • 10,840 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 18 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5740-002-032

Community Details

Overview

  • 2 Buildings
  • 18 Units

Building Details

  • Vacancy Allowance $17,528

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10840
  • Lot Acreage: 0.4909
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Total Bathrooms: 18.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 442.34

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 32

Lot Info

  • Assessed Improvement Percent: 66.98
  • Assessed Improvement Value: 1480806
  • Assessed Land Percent: 33.02
  • Assessed Land Value: 730160
  • Total Assessed Value: 2210966
  • Assessor Parcel Number: 5740-002-032
  • Lot Size Area: 21384

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.68
  • Number Of Units: 18
  • Type Of Units: Standard
  • Vacancy Allow: 17528
  • Vacancy Allow Percent: 5.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Sold $4,500,000 -6.2% $415 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $4,795,000 -4.0% $442 / Sq Ft
06/30/2023 06/30/23 Price Changed $4,995,000 -7.5% $461 / Sq Ft
06/19/2023 06/19/23 For Sale $5,400,000 -- $498 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $53,291 $4,590,000 $1,836,000 $2,754,000
2024 $53,291 $4,500,000 $1,800,000 $2,700,000
2023 $28,965 $2,255,185 $744,763 $1,510,422
2022 $28,021 $2,210,966 $730,160 $1,480,806
2021 $26,896 $2,167,615 $715,844 $1,451,771
2019 $25,947 $2,103,323 $694,612 $1,408,711
2018 $26,138 $2,062,083 $680,993 $1,381,090
2016 $25,225 $1,982,011 $654,550 $1,327,461
2015 $24,937 $1,952,241 $644,719 $1,307,522
2014 $24,534 $1,914,000 $632,090 $1,281,910
Source: Public Records

Agents Affiliated with this Home

  • Tony Azzi

    Seller's Agent in 2023

    Tony Azzi

    Tony Azzi

    (310) 919-5460

    1 in this area

    60 Total Sales

    Tony Azzi
    Section Image
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Map

Source: The MLS

MLS Number: 23-282603

The MLS
California Los Angeles County Pasadena 91104 Bungalow Heaven

1242 N Mentor Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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