NOT LISTED FOR SALE

Estimated Value: $1,538,000 - $2,709,000

3 Beds
2.5 Baths
1,810 Sq Ft
0.43 Acres

Last Sold January 31, 2020

Last sale price $1,770,000 $978 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,285/month

Highlights

  • City Lights View
  • End Unit
  • 2 Car Attached Garage
  • 0.43 Acre Lot
  • Community Pool
  • Laundry Room

About This Home

As of October 2024

Experience luxury living at Pasadena's premier high-rise residence, The 388 Cordova. This stunning 7th-floor corner unit (#710) offers a spacious 2-bedroom layout with 1 den (listed as a 3rd bedroom but converted into a formal dining area) and 2.5 bathrooms. Enjoy 270-degree views of the city, the San Gabriel Valley, and breathtaking sunsets. The open-concept living room flows seamlessly into a luxury kitchen featuring Italian-designed cabinetry and top-of-the-line appliances, leading to a private 100 sq. ft. terrace—perfect for entertaining. The master suite boasts an en-suite bathroom with an oversized shower, separate bathtub, and dual sinks. This residence offers 11-foot ceilings, an in-unit washer and dryer, dual-zone air conditioning, and double-walled sound insulation for added privacy. Building amenities include concierge service, a pool, spa, and gated parking. Live above it all in the heart of Pasadena with unmatched luxury and convenience at The 388 Cordova.

Last Agent to Rent the Property

Edward Chen

Real Brokerage Technologies Brokerage Phone: 626-560-5470 License #01758593 Listed on: 09/18/2024

Real Brokerage Technologies

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2019

Lot Details

  • End Unit
  • 1 Common Wall

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $7,500
  • Available 9/21/24
  • Tax Lot 1
  • Tax Tract Number 74608
  • Assessor Parcel Number 5722030220

Community Details

Overview

  • Property has a Home Owners Association
  • 50 Units

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-09-21
  • Credit Check Paid By: Tenant
  • Deposit Key: 350
  • Deposit Security: 7500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Zoning: PSC-
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5722030220
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1810.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.14

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 18688.00
  • Lot Size Acres: 0.4290

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 18688.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4636.02
  • Tax Lot: 1
  • Tax Tract Number: 74608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 19, 2019
Sold by
245 Los Robles Llc
Bought by
Gu Weili
Seller's Agent
Johanna Gunther
2nd Avenue Sales & Marketing
Buyer's Agent
Runjing Chen
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,770,000
Premium/Discount to List
-$25,000
-1.39%
Current Estimated Value
$2,031,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,294
Avg. Annual Appreciation
2.33%
Original Mortgage
$900,000
Outstanding Balance
$803,276
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,228,018

Purchase Details

Closed on
Nov 4, 2019
Sold by
Li Liang
Bought by
Gu Weili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$803,276
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,228,018
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gu Weili $1,770,000 Fidelity National Title
Gu Weili -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gu Weili $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 For Rent $7,500 0.0% --
10/17/2024 10/17/24 Off Market $7,500 -- --
10/15/2024 10/15/24 Rented $7,500 0.0% --
09/18/2024 09/18/24 For Rent $7,500 +9.5% --
08/13/2023 08/13/23 Rented $6,850 0.0% --
07/29/2023 07/29/23 Off Market $6,850 -- --
07/10/2023 07/10/23 Price Changed $6,850 -8.7% $4 / Sq Ft
04/19/2023 04/19/23 For Rent $7,500 +25.0% --
03/27/2020 03/27/20 Rented $6,000 +3.4% --
02/21/2020 02/21/20 For Rent $5,800 0.0% --
01/31/2020 01/31/20 Sold $1,770,000 -1.4% $978 / Sq Ft View Prior Sale
11/04/2019 11/04/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $1,795,000 -- $992 / 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 $21,221 $1,935,751 $1,257,692 $678,059
2024 $21,221 $1,897,796 $1,233,032 $664,764
2023 $21,046 $1,860,585 $1,208,855 $651,730
2022 $20,308 $1,824,103 $1,185,152 $638,951
2021 $21,249 $1,788,337 $1,161,914 $626,423
2020 $5,204 $465,129 $128,907 $336,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24194744

California Regional Multiple Listing Service (CRMLS)

APN: 5722-030-220