1555 Diamond Ave South Pasadena, CA 91030
2
Beds
2
Baths
1,054
Sq Ft
10,441
Sq Ft Lot
Highlights
- View of Trees or Woods
- Craftsman Architecture
- Wood Flooring
- Arroyo Vista Elementary Rated A+
- Wooded Lot
- Main Floor Bedroom
About This Home
As of November 2024Incredible development potential seldom seen in South Pasadena! This RARE single family home and huge gently sloping lot is a blank canvas waiting for a visionary new owner. This is a fixer upper with boundless potential and immediate upside! Some demo has been done and the house needs to be rebuilt. Perfect developer opportunity. Surrounded by homes selling for $2,000,000 to $3,000,000!
Enormous gently sloping 10,441 square foot lot spanning an entire city block from Diamond Avenue all the way to Meridian Avenue! There is room for anything from a huge pool to the maximum sized ADU plus plenty of room left over for impressive grounds and gardens! There is a truly huge separate garage structure at the rear with its own street entrance from Meridian Avenue. Check with the city on ADU conversion.
The location is impeccable – literally just steps to South Pasadena High School. This may be the last large lot with boundless development opportunity on Diamond Avenue by South Pasadena High School. Don’t miss out – because once it’s gone there will never be another property of this scale at this price.
Last Agent to Sell the Property
South Pasadena Homes Brokerage Phone: 626-437-6800 License #02028279 Listed on: 10/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,880
Year Built
- Built in 1911 | Under Construction
Lot Details
- 10,441 Sq Ft Lot
- Rectangular Lot
- Wooded Lot
- Private Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Craftsman Architecture
- Major Repairs Completed
- Shingle Siding
Interior Spaces
- 1,054 Sq Ft Home
- 2-Story Property
- Built-In Features
- Beamed Ceilings
- Great Room
- Living Room
- Workshop
- Wood Flooring
- Views of Woods
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Outbuilding
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5319031006
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2025
Sold by
Kwaj Properties Llc
Bought by
Lam Thanh Kevin and Lam Winnie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,500
Outstanding Balance
$912,723
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$404,191
Purchase Details
Listed on
Oct 2, 2024
Closed on
Oct 22, 2024
Sold by
Warrick Natalie
Bought by
Kwaj Properties Llc
Seller's Agent
Derek Vaughan
South Pasadena Homes
Buyer's Agent
Alan Black
Engel & Völkers Pasadena
List Price
$949,000
Sold Price
$1,305,000
Premium/Discount to List
$356,000
37.51%
Views
121
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%
Original Mortgage
$848,250
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2024
Sold by
Green Trees Trust and Movsesian Siioushan
Bought by
Warrick Natalie
Purchase Details
Closed on
Jul 7, 2005
Sold by
Peters Toby
Bought by
Peters Toby A and Green Trees Trust
Purchase Details
Closed on
Apr 4, 2005
Sold by
Peters Toby
Bought by
Peters Toby
Purchase Details
Closed on
Jan 25, 1996
Sold by
Peters Mary E
Bought by
Peters Mary E and Mary E Peters Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Pacific Coast Title Company | |
| Grant Deed | $1,305,000 | Chicago Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $913,500 | New Conventional | |
| Previous Owner | $848,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | For Rent | $3,950 | 0.0% | -- |
| 11/26/2024 11/26/24 | Sold | $1,305,000 | +37.5% | $1,238 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $949,000 | -- | $900 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $16,880 | $1,377,000 | $969,000 | $408,000 |
| 2023 | $1,849 | $81,939 | $64,300 | $17,639 |
| 2022 | $1,809 | $80,334 | $63,040 | $17,294 |
| 2021 | $1,769 | $78,759 | $61,804 | $16,955 |
| 2019 | $1,712 | $76,425 | $59,972 | $16,453 |
| 2018 | $1,661 | $74,928 | $58,797 | $16,131 |
| 2016 | $1,561 | $72,020 | $56,515 | $15,505 |
| 2015 | $1,537 | $70,940 | $55,667 | $15,273 |
| 2014 | $1,536 | $69,551 | $54,577 | $14,974 |
Source: Public Records
Agents Affiliated with this Home
-
THANH LAM
T
Seller's Agent in 2025
THANH LAM
REALTY MASTERS& ASSOC/CHINO
(626) 826-9207
1 in this area
9 Total Sales
-
Derek Vaughan
Seller's Agent in 2024
Derek Vaughan
South Pasadena Homes
(626) 437-6800
11 in this area
13 Total Sales
-
Alan Black
A
Buyer's Agent in 2024
Alan Black
Engel & Völkers Pasadena
(626) 431-2286
3 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF24203258
APN: 5319-031-006
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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