$805,000
SOLD APR 25, 2025
4 Beds
3 Baths
1,710 Sq Ft
6,204 Sq Ft Lot

Recently Sold

$471 Per Sq Ft

5% Below List Price

95 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2025

Charming Triplex with ADU Potential and Unique Incentives!

Welcome to 2485 Pasadena Avenue, a rare opportunity to own three homes on one large lot in a convenient and desirable location. The front home, a classic Craftsman, was originally a 2-bedroom, 1-bath but has been thoughtfully reconfigured into a functional 3-bedroom layout. It includes a detached single-car garage for added utility.

In the rear of the property, you’ll find two additional Craftsman cottages, each offering 1 bedroom and 1 bath. All three homes feature their own enclosed private yards, perfect for outdoor living or pets.

The property also boasts a spacious driveway with room for up to six cars parked tandem, making it ideal for tenants or guests. With so much extra space, there’s exciting potential to add an ADU to maximize rental income or create a guest suite. Gas and electric are individually submetered.

To top it off, this property qualifies for City National Bank’s $50,000 grant—a fantastic opportunity for eligible buyers.

Don’t miss your chance to own this unique multi-unit property. Contact the listing agent for more details or to schedule a private showing!

Last Agent to Sell the Property

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 12/12/2024

Last Buyer's Agent

Juan Carlos Martinez

Juan Carlos Martinez License #02046723

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 6,204 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Craftsman Architecture
  • Cottage
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Gas Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 23
  • Tax Tract Number 2268
  • Assessor Parcel Number 7208009012
  • $652 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Poly High Subdivision

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $10,625
  • Operating Expense $16,344
  • Gross Income $54,480
  • Net Operating Income $38,136

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LBR2N
  • Architectural Style: Cottage, Craftsman
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7208009012
  • Year Built: 1917
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 470.76
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6204.00
  • Lot Size Acres: 0.1424

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 54480.00
  • Gross Scheduled Income: 54480.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6204.0000 Square Feet
  • Net Operating Income: 38136.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 16344.00
  • Rent Control: Yes
  • Total Actual Rent: 4540.00
  • Total Expenses: 16344.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Census Tract: 5732.01
  • Tax Lot: 23
  • Tax Tract Number: 2268
  • TaxOtherAnnualAssessmentAmount: 652.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Mar 25, 2025
Sold by
Valdez Bros Llc
Bought by
Anguiano Evangelina
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Juan Carlos Martinez
Juan Carlos Martinez
List Price
$850,000
Sold Price
$805,000
Premium/Discount to List
-$45,000
-5.29%
Views
90
Current Estimated Value
$820,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,401
Avg. Annual Appreciation
2.74%
Original Mortgage
$339,000
Outstanding Balance
$337,189
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$483,212

Purchase Details

Closed on
Feb 11, 2005
Sold by
Malan Mark and Huizar Juan
Bought by
Valdez Bros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Valdez Bros Llc
Bought by
Malan Mark and Huizar Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Sanchez Edward M
Bought by
Valdez Bros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 2000
Sold by
Gehring Angela
Bought by
Sanchez Edward M
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 Type Sale Price Title Company
Grant Deed $805,000 Ticor Title Company Of Califor
Grant Deed -- --
Grant Deed -- Commonwealth Title
Interfamily Deed Transfer -- Commonwealth Title
Grant Deed $360,000 Chicago Title Co
Grant Deed $145,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $339,000 New Conventional
Previous Owner $353,000 Purchase Money Mortgage
Previous Owner $240,000 Seller Take Back
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $805,000 +0.8% $471 / Sq Ft
02/19/2025 02/19/25 Price Changed $799,000 -2.9% $467 / Sq Ft
02/10/2025 02/10/25 Price Changed $822,500 -3.2% $481 / Sq Ft
12/12/2024 12/12/24 For Sale $850,000 -- $497 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,891 $511,823 $405,200 $106,623
2024 $6,891 $501,788 $397,255 $104,533
2023 $6,773 $491,950 $389,466 $102,484
2022 $6,369 $482,305 $381,830 $100,475
2021 $6,236 $472,849 $374,344 $98,505
2020 $6,221 $468,001 $370,506 $97,495
2019 $6,149 $458,826 $363,242 $95,584
2018 $5,901 $449,830 $356,120 $93,710
2016 $5,434 $432,365 $342,293 $90,072
2015 $5,220 $425,872 $337,152 $88,720
2014 $5,195 $417,531 $330,548 $86,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24247036

California Regional Multiple Listing Service (CRMLS)

APN: 7208-009-012