NOT LISTED FOR SALE

230 E California Blvd Pasadena, CA 91106

Madison Heights Neighborhood
16 Beds
10 Baths
7,300 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: October 11, 2019

Last sale price $3,650,000 $500 Per Sq Ft

58 Days on Market

About This Home

As of October 2019

First time on the market in over 50 years! We are pleased to present the rare offering of a 10 unit apartment property in one of the best locations of Pasadena! The building features a great unit mix of six 2 bedroom, 1 bath and four 1 bedroom, 1 bath units and offers an investor the opportunity to dramatically increase the rental income by upgrading and adding value to the investment. Boasting a fantastic walk score of 87, the property is located just a half mile away from both the Metro Gold Line Fillmore & Del Mar Stations! Also a short distance away are Trader Joe's, Whole Foods, Huntington Hospital and Old Town Pasadena, with its countless collection of retail stores and restaurants. Situated on a large corner lot of over 17,000 square feet, there is on-site covered carport parking as well as ample street parking.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 06/10/2019

Co-Listed By

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Last Buyer's Agent

Steve Kwon

Keller Williams Realty License #01453193

Keller Williams Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.4

Interior Spaces

  • 7,300 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Parking

  • 12 Parking Spaces
  • Tandem Parking

Additional Features

  • 17,521 Sq Ft Lot
  • Air Conditioning

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5720-027-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7300
  • Price Per Unit: 399800.00
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 547.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 12

Utilities

  • Cooling: Air Conditioning
  • Electric Expense: 6678.00

Fee Information

  • Gas Expense: 540.00
  • Insurance Expense: 3650.00
  • Maintenance Expense: 8421.00
  • Other Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 1020000
  • Assessed Land Value: 2142000
  • Assessor Parcel Number: 5720-027-010
  • Geocode Override: No
  • Lot Size Area: 17521

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 10
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 49975.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Sep 10, 2019
Sold by
Duvall Charles Edwin and The Duvall Family Trust
Bought by
Seller's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
Buyer's Agent
Steve Kwon
Keller Williams Realty
List Price
$3,998,000
Sold Price
$3,650,000
Premium/Discount to List
-$348,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$1,965,162
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2017
Sold by
Duvall Charles Edwin
Bought by
Duvall Charles Edwin and Duvall Kim Chi

Purchase Details

Closed on
Jul 30, 2016
Sold by
Duvall Charles
Bought by
Duvall Charles Edwin and Duvall Kim Chi

Purchase Details

Closed on
Jan 29, 2013
Sold by
Risser William H
Bought by
Risser William H and William H Risser Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison Heights, CA

  • Amy Engler Real Estate Agent - Douglas Elliman of California, Inc.

    Amy Engler

    Douglas Elliman of California, Inc.

    (424) 541-1946

    58 Total Sales

    8 in Madison Heights

    $555K - $750K Price Range

    Amy Engler
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  • Armen Aroyan Real Estate Agent - Select Real Estate LA

    Armen Aroyan

    Select Real Estate LA

    (747) 215-3654

    29 Total Sales

    1 in Madison Heights

    $815,000 Price

    Armen Aroyan
     Section Image
  • Mark Lear Real Estate Agent - WERE Real Estate Inc

    Mark Lear

    WERE Real Estate Inc

    (657) 223-8121

    354 Total Sales

    1 in Madison Heights

    $850,000 Price

    Mark Lear
     Section Image
  • Patricia Phillips Real Estate Agent - Keller Williams R. E. Services

    Patricia Phillips

    Keller Williams R. E. Services

    (747) 234-2021

    4 Total Sales

    1 in Madison Heights

    $765,000 Price

    Patricia Phillips
     Section Image
  • Mike Chou Real Estate Agent - K.W. EXECUTIVE

    Mike Chou

    Responds Quickly

    K.W. EXECUTIVE

    (626) 653-4295

    171 Total Sales

    1 in Madison Heights

    $768,000 Price

    Mike Chou
     Section Image
  • Nicola Speranta Real Estate Agent - Compass

    Nicola Speranta

    Compass

    (323) 310-3215

    99 Total Sales

    3 in Madison Heights

    $502K - $925K Price Range

    Nicola Speranta
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,650,000 North American Title Company
Duvall Charles Edwin -- None Available
Duvall Charles Edwin -- None Available
Risser William H -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,300,000
Previous Owner Risser William H $800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $3,650,000 -8.7% $500 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $3,998,000 -- $548 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $47,380 $4,071,639 $2,844,571 $1,227,068
2025 $47,380 $3,991,804 $2,788,796 $1,203,008
2024 $45,299 $3,913,534 $2,734,114 $1,179,420
2023 $44,924 $3,836,799 $2,680,504 $1,156,295
2022 $43,377 $3,761,569 $2,627,946 $1,133,623
2021 $41,607 $3,687,814 $2,576,418 $1,111,396
2019 $30,277 $2,653,519 $1,719,156 $934,363
2018 $30,838 $2,601,500 $1,685,448 $916,052
2016 $5,034 $269,402 $80,746 $188,656
2015 $4,972 $265,357 $79,534 $185,823
2014 $4,964 $260,160 $77,977 $182,183
Source: Public Records

Agents Affiliated with this Home

  • Alexander Metaxas Real Estate Agent - Realty Investment Advisors, Inc.

    Seller's Agent in 2019

    Alexander Metaxas

    Realty Investment Advisors, Inc.

    (626) 487-4300

    2 in this area

    38 Total Sales

    Alexander Metaxas
    Section Image
  • Benjamin Hsiang Real Estate Agent - Realty Investment Advisors, Inc.

    Seller Co-Listing Agent in 2019

    Benjamin Hsiang

    Realty Investment Advisors, Inc.

    (424) 377-6001

    2 in this area

    75 Total Sales

    Benjamin Hsiang
    Section Image

  • SK

    Buyer's Agent in 2019

    Steve Kwon

    Keller Williams Realty

    (626) 353-4557

    Steve Kwon
    Section Image
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Map

Source: The MLS

MLS Number: 19-476104

The MLS
California Los Angeles County Pasadena 91101 Madison Heights

230 E California Blvd, Pasadena, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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