NOT LISTED FOR SALE

Estimated Value: $1,579,928

3 Beds
2.5 Baths
3,196 Sq Ft
30,553 Sq Ft Lot

Last Sold August 16, 2024

Last sale price $1,565,000 $490 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,373/month

37 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Memorial Park Station
  • Multi-Level Bedroom
  • City Lights View
  • 0.7 Acre Lot
  • 2-minute walk to Memorial Park

About This Home

As of August 2024

Located within the walls of the historic Raymond Theater, Unit 413 is a one-of-a-kind unit. This is a very unique and hard to find live-work unit in
the heart of Old Town Pasadena (only 4 units within this building). Let your imagination run wild is this creative space that offers tons of square
footage for a residential unit and making it one of the largest units in Old Town Pasadena. The entrance of this private unit is a modern glass
facade. Once inside, you are greeted with high ceilings and an open entry room. Currently, this unit is being used as an office and livable space.
Upstairs is a living space loft, with an upgraded kitchen and dining area complete with a bathroom and closet. The floor plan on the first floor can
be converted into two large bedrooms with very high ceilings to make this place a total of 3 bedrooms or you can use one of the current office
space as a family room or multipurpose room. You also have a half bath and laundry room. The room in the back is currently being used as an office
and within that office space is a spiral staircase leading up to a loft with additional workspace and a futuristic 360-degree bathroom. In between
the two downstairs room there is currently a conference room with the most amazing window framed view of the old Raymond Theater and its
historic firewall with the iconic painting of Yosemite Park. For the creative buyer this can be converted into a large ensuite bathroom or use this
space for two large walk in closets. It is conveniently located in the heart of the world-renowned Old Town Pasadena filled with the city's best
restaurants and stores. Steps from City Hall, Memorial Park, the Metro Gold Line, Rose Bowl and so much more. This unit truly reflects the City’s
rich history and culture. Come experience this one of a find unit and put your own creative touches to make this a true master piece that would be
hard to find and replicate here in Pasadena.

Last Agent to Sell the Property

Kevin Kwan

REALIV Brokerage Phone: 626-272-2365 License #01488390 Listed on: 05/01/2024

Last Buyer's Agent

Suzanne Malerbe

RE/MAX Select One License #01467209

RE/MAX Select One

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 0.7

HOA Fees

  • $603 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Multi-Level Bedroom

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63312
  • Assessor Parcel Number 5723021067
  • $1,504 per year additional tax assessments

Community Details

Overview

  • 47 Units
  • Raymond Renaissance Association, Phone Number (626) 795-3282
  • Beven & Brock HOA

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0.7 Acres

HOA Fees

$603 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSC-
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5723021067
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3196.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 489.67
  • Room Type: Multi-Level Bedroom

Exterior Features

  • View: City Lights, Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Gym/Ex Room
  • Association Fee: 603.00
  • Association Fee Frequency: Monthly
  • Association Name: Raymond Renaissance
  • Phone: 626-795-3282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: Beven & Brock

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 30551.00
  • Lot Size Acres: 0.7014
  • Latitude Manual: 34.14799200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30551.0000 Square Feet
  • Number Of Units In Community: 47
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4619.02
  • Tax Lot: 1
  • Tax Tract Number: 63312
  • TaxOtherAnnualAssessmentAmount: 1504.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Aug 9, 2024
Sold by
Raymond Avenue 413 Llc and Macoy Capital Mortgage Llc
Bought by
Crg Holdings Llc
Seller's Agent
Kevin Kwan
REALIV
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$1,600,000
Sold Price
$1,565,000
Premium/Discount to List
-$35,000
-2.19%
Views
86
Current Estimated Value
$1,579,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,928
Avg. Annual Appreciation
0.60%
Original Mortgage
$400,000
Outstanding Balance
$394,102
Interest Rate
6.95%
Estimated Equity
$1,185,826

Purchase Details

Closed on
Jun 14, 2024
Sold by
Raymond Avenue 413 Llc and Macoy Capital Mortgage Llc
Bought by
Crg Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$985,256
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$594,672

Purchase Details

Closed on
May 24, 2024
Sold by
Pasadena Ho Llc
Bought by
Macoy Capital Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2024
Sold by
Pasadena Ho Llc
Bought by
Macoy Capital Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2022
Sold by
Pasadena Ho Llc
Bought by
Raymond Avenue 413 Llc

Purchase Details

Closed on
Aug 29, 2022
Sold by
Raymond Avenue 413 Llc
Bought by
Pasadena Ho Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 21, 2014
Sold by
Raymond Avenue 413 Llc
Bought by
Pasadena Ho Llc

Purchase Details

Listed on
Aug 11, 2012
Closed on
Jul 22, 2013
Sold by
Cjuf Iii Raymond Llc
Bought by
Raymond Avenue 413 Llc
Seller's Agent
Garrett Frakes
Polaris Pacific
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$525,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2011
Sold by
Buchanan/Raymond Llc
Bought by
Cjuf Iii Raymond Llc

Purchase Details

Closed on
May 14, 1998
Sold by
Texaco Exploration & Production Inc
Bought by
Nuwi Bayshore Llc
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Crg Holdings Llc $1,565,000 Lawyers Title Company
Crg Holdings Llc $1,565,000 Lawyers Title Company
Macoy Capital Mortgage Llc -- None Listed On Document
Macoy Capital Mortgage Llc -- None Listed On Document
Raymond Avenue 413 Llc -- None Listed On Document
Pasadena Ho Llc -- Provident Title
Pasadena Ho Llc $125,000 None Available
Raymond Avenue 413 Llc $750,000 North American Title Co Inc
Cjuf Iii Raymond Llc $15,075,150 First American Title Ins Co
Nuwi Bayshore Llc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crg Holdings Llc $400,000
Closed Crg Holdings Llc $400,000
Open Crg Holdings Llc $1,000,000
Previous Owner Crg Holdings Llc $1,000,000
Previous Owner Pasadena Ho Llc $812,500
Previous Owner Raymond Avenue 413 Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2024 08/16/24 Sold $1,565,000 -2.2% $490 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,600,000 +113.3% $501 / Sq Ft
09/10/2013 09/10/13 Sold $750,000 0.0% $248 / Sq Ft View Prior Sale
07/12/2013 07/12/13 Pending -- -- --
06/15/2013 06/15/13 Price Changed $750,000 -6.1% $248 / Sq Ft
04/15/2013 04/15/13 For Sale $799,000 0.0% $264 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
12/20/2012 12/20/12 Price Changed $799,000 -11.1% $264 / Sq Ft
08/11/2012 08/11/12 For Sale $899,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,587 $1,565,000 $782,500 $782,500
2024 $18,587 $1,556,110 $1,022,373 $533,737
2023 $13,148 $1,051,207 $704,656 $346,551
2022 $12,685 $1,030,596 $690,840 $339,756
2021 $12,155 $1,010,390 $677,295 $333,095
2019 $11,700 $980,423 $657,207 $323,216
2018 $11,928 $961,200 $644,321 $316,879
2016 $11,505 $923,877 $619,302 $304,575
2015 $11,360 $910,000 $610,000 $300,000
2014 -- $750,000 $450,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24086923

California Regional Multiple Listing Service (CRMLS)

APN: 5723-021-067

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