NOT LISTED FOR SALE

1525 E Elizabeth St Pasadena, CA 91104

East Washington Village Neighborhood

Estimated Value: $1,099,000 - $1,916,000

5 Beds
4 Baths
2,637 Sq Ft
$571/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $1,750,000 $664 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,862/month

88 Days on Market

Highlights

  • Golf Course Community
  • Primary Bedroom Suite
  • Mountain View
  • Pasadena High School Rated A
  • Open Floorplan
  • Modern Architecture

About This Home

As of March 2024

Prepare to be amazed by this stunningly renovated Pasadena property! Originally built in 1922, this home has been completely transformed to meet the demands of modern living. With high ceilings and spanning 2,637 square feet, this property offers a spacious and luxurious lifestyle. Step inside the main residence, which boasts 1,837 square feet of thoughtfully designed living space. The bright and airy living and dining room welcomes you with open arms. The chef's kitchen is a true masterpiece, featuring a generous custom island and well-appointed stainless steel appliances. The family room is adorned with custom cabinetry and built-in shelving, creating a cozy and inviting atmosphere. The main residence also showcases three spacious bedrooms, each boasting finished closets for ample storage. The two impressive bathrooms are true oasis, one serving as the en-suite for the primary bedroom, adding a touch of luxury to your everyday routine. As an added bonus, this property includes a brand new Back Unit. This versatile 800-square-foot space offers two bedrooms, two bathrooms, a laundry area, living and dining areas, and a full kitchen complete with stainless steel appliances with a practical bar top for optimal functionality. Plus, the Back Unit comes equipped with solar panels, providing an eco-friendly energy solution. It's perfect for guests, extended family, rental income, or even a home office. The outdoor spaces of this property are equally remarkable. The front yard showcases water-efficient landscaping, while the backyard patio has been designed with low maintenance and water conservation in mind. Enjoy the perfect blend of beauty and sustainability in your own private oasis. Conveniently located, this home is just minutes away from popular boutique shops, excellent dining establishments, and the Altadena Country Club. Nature enthusiasts will appreciate the proximity to the Eaton Canyon Nature Center and the abundance of hiking and biking trails within the picturesque San Gabriel National Forest. Don't miss out on the opportunity to make this exceptional property your own and experience the epitome of Pasadena living in this meticulously modern home

Last Agent to Sell the Property

Eddie Ramirez

COMPASS Brokerage Phone: (818) 421-7393 License #01912187 Listed on: 11/07/2023

COMPASS

Last Buyer's Agent

Mark Richards

Redfin Corporation License #02105271

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 8,017 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • New Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • On-Hand Building Permits

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Duplex
  • Modern Architecture
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Radiant Barrier
  • Stucco

Interior Spaces

  • 2,637 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Storage
  • Utility Room

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Available
  • Driveway

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment
  • Solar owned by seller

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Powered By Gas
  • Ductless Heating Or Cooling System
  • High Efficiency Air Conditioning
  • SEER Rated 16+ Air Conditioning Units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Overhead Utilities
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 461400
  • Assessor Parcel Number 5850010015

Community Details

Overview

  • 2 Buildings
  • Foothills

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: All Appliances and Solar Panels in rear unit
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Fire and Smoke Detection System, Fire Rated Drywall
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5850010015
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Quartz Counters, Copper Plumbing Full, Wired for Sound, Wired for Data, Storage, Recessed Lighting, Open Floorplan, High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 673.11
  • Room Type: Entry, Kitchen, Primary Suite, Main Floor Primary Bedroom, Main Floor Bedroom, Primary Bathroom, Laundry, Walk-In Closet, Utility Room, Separate Family Room, Living Room, Great Room, Family Room
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Slab, Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Rain Gutters
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: New Condition, Wrought Iron, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Radiant Barrier, Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, 6 Burner Stove, Tankless Water Heater, Range Hood, Gas Range, Gas Oven, Free-Standing Range, Water Line to Refrigerator, Vented Exhaust Fan, Refrigerator
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central, Ductless, Natural Gas, Fireplace(s)
  • Laundry Features: Inside, Gas Dryer Hookup, Washer Hookup, Stackable, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, Ductless, Seer Rated 16+, High Efficiency, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Biking, Sidewalks, Street Lights, Hiking, Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers Drip System, Sprinkler System, Sprinklers In Rear, Sprinklers In Front, Utilities - Overhead, Sprinklers Timer, Landscaped, Lawn, Front Yard
  • Lot Size Sq Ft: 8017.00
  • Lot Size Acres: 0.1840

Multi Family

  • Lot Size Area: 8017.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Rent Control: Yes

Tax Info

  • Tax Lot: 73
  • Tax Tract Number: 461400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Mar 5, 2024
Sold by
Park Ku Bin and Park Kyo J
Bought by
2023 Park Trust and Park
Seller's Agent
Eddie Ramirez
COMPASS
Buyer's Agent
Mark Richards
Redfin Corporation
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Views
475
Current Estimated Value
$1,713,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,529
Avg. Annual Appreciation
-7.97%
Original Mortgage
$450,000
Outstanding Balance
$442,599
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,063,231

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 28, 2024
Sold by
Ec Property Investments Llc
Bought by
Park Ku Bin and Park Kyo J
Seller's Agent
Eddie Ramirez
COMPASS
Buyer's Agent
Mark Richards
Redfin Corporation
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Views
475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$442,599
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,063,231

Purchase Details

Closed on
Mar 25, 2022
Sold by
William Carey International University
Bought by
Ec Property Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2023 Park Trust -- Lawyers Title
Park Ku Bin $1,750,000 Lawyers Title Company
Ec Property Investments Llc $875,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Ku Bin $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $1,750,000 -1.4% $664 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $1,775,000 -1.4% $673 / Sq Ft
11/06/2023 11/06/23 For Sale $1,800,000 -- $683 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $10,607 $1,785,000 $1,071,000 $714,000
2024 $10,607 $910,350 $821,916 $88,434
2023 $10,518 $892,500 $805,800 $86,700
2022 $1,655 $94,765 $25,562 $69,203
2021 $1,591 $92,908 $25,061 $67,847
2020 $1,546 $91,957 $24,805 $67,152
2019 $1,545 $90,155 $24,319 $65,836
2018 $1,437 $88,389 $23,843 $64,546
2016 $1,357 $84,959 $22,918 $62,041
2015 $1,341 $83,684 $22,574 $61,110
2014 $1,334 $82,045 $22,132 $59,913
Source: Public Records

Agents Affiliated with this Home

  • Eddie Ramirez

    Seller's Agent in 2024

    Eddie Ramirez

    COMPASS

    (818) 421-7393

    8 in this area

    62 Total Sales

    Eddie Ramirez
    Section Image

  • A

    Buyer Co-Listing Agent in 2024

    Anita Richards

    Redfin Corporation

    Anita Richards
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-15676

Pasadena-Foothills Association of REALTORS®

APN: 5850-010-015

California Los Angeles County Pasadena 91104 East Washington Village

1525 E Elizabeth St, Pasadena, CA

Not Listed for Sale

MultiFamily

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