Renee Matthews
Elevation Realty
(818) 463-1831
5 Total Sales
1 in Northwest Pasadena
$785,000 Price
267 Barthe Dr Pasadena, CA 91103
Northwest Pasadena Neighborhood
26
Beds
18
Baths
11,117
Sq Ft
0.49
Acre Lot
About This Home
As of October 2023I am pleased to offer for sale Pasadena Gardens, a 18-unit apartment community located at 267 Barthe Drive. The subject property is located south of Mountain Street and east of the 210 Freeway. The building is within a 5-minute drive to a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices on Lake Avenue, Colorado Boulevard, and South Arroyo Parkway. The property is in a location that is safe, attraction-rich, and near renowned schools and strong employment drivers like California Institute of Technology, Jet Propulsion Laboratory, and Fuller Theological Seminary. Situated on a 21,376 square foot parcel, the property is comprised of one studio, eight one-bedroom units, and nine two-bedroom units. The property has 122% remaining rental upside through unit renovations. Pasadena Gardens presents investors a unique opportunity to attain a rare mid-sized asset in a prime Pasadena location that is a short distance to the most attractive thoroughfare in the submarket. This area is currently undergoing a burgeoning gentrification that will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.
Last Agent to Sell the Property
Marcus & Millichap License #01406343 Listed on: 08/11/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 21,376 Sq Ft Lot
Interior Spaces
- 11,117 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 26 Bedrooms
- 18 Bathrooms
Parking
- 17 Parking Spaces
- Carport
Community Details
- 18 Units
Listing and Financial Details
- Assessor Parcel Number 5726-008-019
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
Aug 11, 2023
Closed on
Oct 10, 2023
Sold by
Bought by
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Sean Rosenzweig
Marcus & Millichap
List Price
$3,800,000
Sold Price
$3,050,000
Premium/Discount to List
-$750,000
-19.74%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,069,413
Interest Rate
7.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2004
Sold by
Bought by
Purchase Details
Closed on
Sep 27, 1996
Sold by
Bought by
Purchase Details
Closed on
Oct 12, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northwest Pasadena, CA
-
Renee Matthews
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
128 Total Sales
2 in Northwest Pasadena
$1,363,000 Price Range
-
Sal Salinas
Sal Salinas
RE/MAX Galaxy
(323) 827-7679
51 Total Sales
1 in Northwest Pasadena
$716,600 Price
-
Jesse Piña
Jesse Piña
JOHNHART CORP
(626) 736-1478
52 Total Sales
1 in Northwest Pasadena
$765,000 Price
-
Jennifer Gamble
Jennifer Gamble
Tower Agency
(951) 666-7294
47 Total Sales
1 in Northwest Pasadena
$1,160,000 Price
-
Amy Engler
Amy Engler
Douglas Elliman of California, Inc.
(424) 541-1946
60 Total Sales
2 in Northwest Pasadena
$695,000 Price Range
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 |
|---|---|---|---|
| $3,050,000 | Old Republic Title Company | ||
| -- | 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 | $1,100,000 |
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 |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $3,050,000 | -19.7% | $274 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $3,800,000 | -- | $342 / 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 |
|---|---|---|---|---|
| 2025 | $39,039 | $3,111,000 | $1,399,950 | $1,711,050 |
| 2024 | $37,325 | $3,050,000 | $1,372,500 | $1,677,500 |
| 2023 | $6,181 | $206,377 | $23,769 | $182,608 |
| 2022 | $6,043 | $202,331 | $23,303 | $179,028 |
| 2021 | $5,809 | $198,365 | $22,847 | $175,518 |
| 2019 | $5,676 | $194,283 | $22,170 | $172,113 |
| 2018 | $5,454 | $190,510 | $21,736 | $168,774 |
| 2016 | $5,108 | $181,384 | $20,893 | $160,491 |
| 2015 | $5,037 | $178,661 | $20,580 | $158,081 |
| 2014 | $5,095 | $175,162 | $20,177 | $154,985 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Rosenzweig
Seller's Agent in 2023
Sean Rosenzweig
Marcus & Millichap
(213) 943-1800
2 in this area
67 Total Sales
Map
Source: The MLS
MLS Number: 23-300163
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© 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.
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