$1,190,000

Estimated payment $7,293/month

Total Views 4,864
4 Beds
2 Baths
1,536 Sq Ft
$775 Price per Sq Ft

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Air
  • Pasadena High School Rated A
  • Accessible Parking
  • Fenced

About This Home

Welcome to an exceptional opportunity in the heart of Pasadena! This very attractive single-level duplex offers a rare chance to own two separate single-story homes on a spacious and desirable lot. Perfect for investors or owner-occupants, each unit comes with its own water, gas, and electrical meters--an uncommon and highly desirable setup.Situated on an almost 8,000 sq ft lot, the layout offers comfort, privacy, and flexibility. Front Home address 1500 E. Topeka: Beautifully updated with 2 bedrooms and 1 bathroom, this home features central air and heat, hardwood floors, an updated kitchen and bath, and granite countertops. Laundry hookups are conveniently located in the kitchen, plus a detached garage! Rear Home address 1498 E. Topeka: Offers 2 bedrooms, 1 bathroom, plus a bonus office room, California basement for extra storage and an attached garage, this unit is currently tenant occupied. This duplex is perfect for living in one unit while renting the other, providing excellent income potential. Located just minutes from Old Town Pasadena and close to shopping, dining, parks, and major transportation routes, this property offers a prime location combined with outstanding investment opportunities.

Listing Agent

Monica Hsu

COMPASS Brokerage Phone: (626) 926-1385 License #01878067 Listed on: 10/31/2025

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,998 Sq Ft Lot
  • No Common Walls
  • Fenced
  • No Sprinklers

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 5063
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,646
  • Trash Expense $1
  • Operating Expense $150
  • Gross Income $1,784
  • Net Operating Income $1,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1955
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: No
  • Entry Level: 1536
  • Levels: One
  • Price Per Square Foot: 774.74

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 7998.00
  • Lot Size Acres: 0.1836

Rental Info

  • Tenant Pays: All Utilities, Water, Gas, Electricity

Multi Family

  • Gross Income: 1784.00
  • Gross Scheduled Income: 1837.52
  • Insurance Expense: 1646.00
  • Lot Size Area: 7998.0000 Square Feet
  • Net Operating Income: 1687.52
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: Yes
  • Total Expenses: 150.00

Tax Info

  • Tax Lot: 5063

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $12,691 $1,124,879 $785,293 $339,586
2024 $12,691 $1,102,824 $769,896 $332,928
2023 $12,584 $1,081,200 $754,800 $326,400
2022 $1,701 $101,170 $25,562 $75,608
2021 $1,636 $99,187 $25,061 $74,126
2020 $1,589 $98,171 $24,805 $73,366
2019 $1,588 $96,247 $24,319 $71,928
2018 $1,484 $94,361 $23,843 $70,518
2016 $1,407 $90,699 $22,918 $67,781
2015 $1,390 $89,337 $22,574 $66,763
2014 $1,381 $87,588 $22,132 $65,456
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $1,190,000 0.0% $775 / Sq Ft
06/25/2022 06/25/22 Rented $2,900 0.0% --
06/20/2022 06/20/22 Off Market $2,900 -- --
06/12/2022 06/12/22 For Rent $2,900 -- --
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,060,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $795,000 New Conventional
Source: Public Records

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-24768

Pasadena-Foothills Association of REALTORS®

APN: 5850-010-011