NOT LISTED FOR SALE

418 N Chester Ave Pasadena, CA 91106

Northwest Pasadena Neighborhood

Estimated Value: $1,131,000 - $1,432,000

8 Beds
4 Baths
2,852 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2023

Last sale price $1,170,000 $410 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,503 / mo

27 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Tile Flooring
  • Pasadena High School Rated A
  • Recessed Lighting
  • Ceiling Fan

About This Home

As of November 2023

Located in the desirable city of Pasadena this property presents a unique opportunity to own a charming quadruplex. There are four identical and spacious 2-bedroom, 1-bathroom units, providing both comfort and convenience to residents. Each unit features a thoughtfully designed layout that maximizes space and functionality, making it an attractive choice for tenants seeking a cozy and functional living space. One of the standout features of this property is the inclusion of a single covered carport for each unit, ensuring residents have convenient and secure parking options. Situated in a prime location within Pasadena, this quadruplex offers easy access to the city's vibrant cultural scene, renowned dining establishments, shopping districts, and recreational areas. Its proximity to major transportation routes and public transit further enhances its desirability, ensuring that tenants have the convenience of getting around the city with ease. Don't miss out on this chance to own a great investment property in one of Pasadena's most sought-after neighborhoods. All four units are tenant occupied.

Last Agent to Sell the Property

David Knight

Keller Williams Realty License #01829234 Listed on: 09/01/2023

Keller Williams Realty

Co-Listed By

Esther Clauson

Keller Williams Los Angeles License #02031778

Last Buyer's Agent

Quin Lu

IRN Realty License #01793813

IRN Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,463 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • No Sprinklers

Home Design

  • Traditional Architecture
  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,852 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Gas Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $28,616
  • Gross Income $77,340
  • Net Operating Income $48,724

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 462
  • Assessor Parcel Number 5739002042

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,463 Sq Ft Lot

Listing Details

  • Assessments: No
  • Inclusions: Landlord-owned appliances
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5739002042
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 420.41
  • Room Type: Living Room, Kitchen

Exterior Features

  • Direction Faces: South
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6463.00
  • Lot Size Acres: 0.1484

Multi Family

  • Average2 Bed Area: 713 Square Feet
  • Gross Income: 77340.00
  • Gross Scheduled Income: 77340.00
  • Lot Size Area: 6463.0000 Square Feet
  • Net Operating Income: 48724.43
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 28615.57
  • Rent Control: Yes
  • Total Expenses: 28615.57

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 462...

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
Sep 1, 2023
Closed on
Oct 17, 2023
Sold by
Stein Chad D and Revocab Jessica
Bought by
Seller's Agent
David Knight
Keller Williams Realty
Buyer's Agent
Quin Lu
IRN Realty
List Price
$1,199,000
Sold Price
$1,170,000
Premium/Discount to List
-$29,000
-2.42%
Views
21
Current Estimated Value
$1,321,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,940
Avg. Annual Appreciation
1.86%
Original Mortgage
$702,000
Outstanding Balance
$643,077
Interest Rate
6.54%
Mortgage Type
Construction
Estimated Equity
$589,884

Purchase Details

Closed on
Oct 3, 2008
Sold by
Stein Jessica R
Bought by
Stein Jessica R and Stein Chad D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Stein Chad
Bought by
Stein Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,350
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Bryant Darryl R
Bought by
Stein Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,350
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Payne Malcolm
Bought by
Bryant Darryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Payne Malcolm J
Bought by
Bryant Darryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Payne Malcolm J
Bought by
Payne Malcolm J

Purchase Details

Closed on
Sep 21, 2001
Sold by
Payne Malcolm Jerome
Bought by
Payne Malcolm Jerome

Purchase Details

Closed on
Jan 5, 2001
Sold by
Trust Santana, Manuel And Maria S Trs San
Bought by
Payne Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
9.25%

Purchase Details

Closed on
Jul 29, 1997
Sold by
Santana Manuel
Bought by
Santana Manuel and Santana Maria S
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Northwest Pasadena, CA

  • James Darby Real Estate Agent - USAFC Realty

    James Darby

    USAFC Realty

    (619) 693-1374

    57 Total Sales

    1 in Northwest Pasadena

    $665,000 Price

    James Darby
     Section Image
  • Michael Mucino Real Estate Agent - CAMDEN MCKAY REALTY

    Michael Mucino

    CAMDEN MCKAY REALTY

    (909) 341-1278

    129 Total Sales

    2 in Northwest Pasadena

    $1,363,000 Price Range

    Michael Mucino
     Section Image
  • Sal Salinas Real Estate Agent - RE/MAX Galaxy

    Sal Salinas

    RE/MAX Galaxy

    (323) 827-7679

    50 Total Sales

    1 in Northwest Pasadena

    $716,600 Price

    Sal Salinas
     Section Image
  • Jesse Piña Real Estate Agent - JOHNHART CORP

    Jesse Piña

    JOHNHART CORP

    (626) 736-1478

    51 Total Sales

    1 in Northwest Pasadena

    $765,000 Price

    Jesse Piña
     Section Image
  • CHEVY ALA Real Estate Agent - HOMEQUEST REAL ESTATE

    CHEVY ALA

    HOMEQUEST REAL ESTATE

    (626) 602-8465

    20 Total Sales

    2 in Northwest Pasadena

    $650,000 Price Range

    CHEVY ALA
     Section Image
  • Jennifer Gamble Real Estate Agent - Tower Agency

    Jennifer Gamble

    Tower Agency

    (951) 666-7294

    46 Total Sales

    1 in Northwest Pasadena

    $1,160,000 Price

    Jennifer Gamble
     Section Image
See All Agents

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
$1,170,000 Lawyers Title
Stein Jessica R -- First American Title
Stein Jessica R -- First American Title Company
Stein Jessica R $775,000 First American Title Company
Bryant Darryl R $500,000 Chicago Title Co
Bryant Darryl R -- --
Payne Malcolm J -- --
Payne Malcolm Jerome -- --
Payne Malcolm $305,000 --
Santana Manuel -- --
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 $702,000
Previous Owner Stein Jessica R $555,000
Previous Owner Stein Jessica R $577,350
Previous Owner Bryant Darryl R $495,000
Previous Owner Payne Malcolm $244,000
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
11/01/2023 11/01/23 Sold $1,170,000 -2.4% $410 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $1,199,000 -- $420 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,508 $1,217,268 $728,280 $488,988
2025 $14,508 $1,193,400 $714,000 $479,400
2024 $13,810 $1,170,000 $700,000 $470,000
2023 $12,490 $1,038,322 $669,888 $368,434
2022 $12,066 $1,017,963 $656,753 $361,210
2021 $11,577 $998,004 $643,876 $354,128
2019 $11,152 $968,404 $624,779 $343,625
2018 $11,308 $949,417 $612,529 $336,888
2016 $10,939 $912,552 $588,745 $323,807
2015 $10,818 $898,846 $579,902 $318,944
2014 $10,608 $881,240 $568,543 $312,697
Source: Public Records

Agents Affiliated with this Home

  • DK

    Seller's Agent in 2023

    David Knight

    Keller Williams Realty

    (626) 657-0359

    3 in this area

    357 Total Sales

    David Knight
    Section Image

  • EC

    Seller Co-Listing Agent in 2023

    Esther Clauson

    Keller Williams Los Angeles

    (626) 765-5907

    2 in this area

    210 Total Sales

    Esther Clauson
    Section Image

  • QL

    Buyer's Agent in 2023

    Quin Lu

    IRN Realty

    (626) 278-1536

    1 in this area

    2 Total Sales

    Quin Lu
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-14921

Pasadena-Foothills Association of REALTORS®

APN: 5739-002-042

California Los Angeles County Pasadena 91106 Northwest Pasadena

418 N Chester Ave, Pasadena, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® 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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