Seller's Agent in 2025
Jack Yang
RE/MAX
(626) 203-8269
2 in this area
34 Total Sales
452 E Rio Grande St Pasadena, CA 91104
Normandie Heights Neighborhood
8
Beds
4
Baths
3,312
Sq Ft
7,983
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Bike Trail
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
About This Home
As of March 2025Welcome to RIO GRANDE Apartments, a unique and attractive investment opportunity in a PRIME Pasadena location. This well-maintained building features four identical units, each offering 2 bedrooms, 1 bathroom, and a generous 832 sq. ft. of living space. The units are equipped with solid wood front doors, modern kitchen cabinets, tile countertops, laminate flooring, double-pane windows, and three mini-split AC units. Notably, recent upgrades include two new water heaters installed in 2018 and a complete renovation of one unit in 2019. The downstairs units boast private backyards with gardens and new wooden fences, while the upstairs units feature private balconies. Each unit provides one garage parking space and one tandem parking spot. Located conveniently close to bus stops, grocery stores, restaurants, shops, and the Rose Bowl, with easy access to Old Town, downtown LA, and various Pasadena sports venues, the RIO GRANDE Apartments represent a highly sought-after rental property in the market.
Last Agent to Sell the Property
Re/Max Premier Prop SanMarino Brokerage Phone: 626-203-8269 License #02013453 Listed on: 01/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,983 Sq Ft Lot
- 1 Common Wall
- Rural Setting
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,312 Sq Ft Home
- 2-Story Property
- Gas Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 5838040019
- Tax Block M
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $240
- Insurance Expense $2,373
- Pest Control $600
- Trash Expense $2,400
- Water Sewer Expense $396
- Operating Expense $5,409
- Gross Income $120,900
- Net Operating Income $114,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2025
Closed on
Feb 5, 2025
Sold by
Ko Wai Kit and Cheung James
Bought by
Wu Lina
Seller's Agent
Jack Yang
Re/Max Premier Prop SanMarino
Buyer's Agent
Betty Wang
Pinnacle Real Estate Group
List Price
$1,835,000
Sold Price
$1,765,000
Premium/Discount to List
-$70,000
-3.81%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,960
Avg. Annual Appreciation
6.21%
Original Mortgage
$1,059,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2016
Sold by
Nieto Maria F and Rio Grande Trust
Bought by
Diamond Heights Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
3.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 15, 2008
Sold by
Grote John F
Bought by
Nieto Maria F and Nieto Alejandra P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,453
Interest Rate
6.59%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 23, 2004
Sold by
Patterson Samuel M and Patterson Marie E
Bought by
Grote John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 2, 2004
Sold by
Patterson Samuel M and Patterson Marie E
Bought by
Patterson Samuel M and Patterson Marie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 19, 1995
Sold by
Patterson Samuel M and Patterson Marie E
Bought by
Patterson Samuel M and Patterson Marie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,800
Interest Rate
9.28%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,765,000 | Chicago Title Company | |
| Grant Deed | $1,300,000 | Title 365 | |
| Grant Deed | $775,000 | Southland Title Co | |
| Grant Deed | $150,000 | First American Title Company | |
| Grant Deed | $150,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | United Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,059,000 | New Conventional | |
| Previous Owner | $670,000 | Commercial | |
| Previous Owner | $745,453 | FHA | |
| Previous Owner | $340,000 | Purchase Money Mortgage | |
| Previous Owner | $169,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2025 03/26/25 | Sold | $1,765,000 | -3.8% | $533 / Sq Ft | |
| 02/01/2025 02/01/25 | Pending | -- | -- | -- | |
| 01/01/2025 01/01/25 | For Sale | $1,835,000 | +1.9% | $554 / Sq Ft | |
| 07/25/2023 07/25/23 | Sold | $1,800,000 | -2.7% | $543 / Sq Ft | View Prior Sale |
| 06/15/2023 06/15/23 | Pending | -- | -- | -- | |
| 06/09/2023 06/09/23 | For Sale | $1,850,000 | -- | $559 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,749 | $1,836,000 | $1,285,200 | $550,800 |
| 2024 | $20,749 | $1,800,000 | $1,260,000 | $540,000 |
| 2023 | $17,413 | $1,479,174 | $1,024,044 | $455,130 |
| 2022 | $16,814 | $1,450,171 | $1,003,965 | $446,206 |
| 2021 | $16,127 | $1,421,737 | $984,280 | $437,457 |
| 2019 | $15,526 | $1,379,570 | $955,087 | $424,483 |
| 2018 | $15,830 | $1,352,520 | $936,360 | $416,160 |
| 2016 | $10,216 | $843,059 | $598,301 | $244,758 |
| 2015 | $9,087 | $740,000 | $520,000 | $220,000 |
| 2014 | $8,374 | $676,800 | $480,300 | $196,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Yang
-
LAUREN LIN
L
Seller Co-Listing Agent in 2025
LAUREN LIN
RE/MAX
(626) 872-2207
1 in this area
18 Total Sales
-
Betty Wang
Buyer's Agent in 2025
Betty Wang
Pinnacle Real Estate Group
(310) 890-3988
1 in this area
29 Total Sales
-
Annie Xiao Zhang
Seller's Agent in 2023
Annie Xiao Zhang
Universal Elite Inc.
(909) 689-6818
1 in this area
132 Total Sales
-
Zhongmin Su
Seller Co-Listing Agent in 2023
Zhongmin Su
Universal Elite Inc.
(626) 321-8263
1 in this area
108 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25000109
APN: 5838-040-019
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
Nearby Homes
- 400 Flower St
- 1165 N Lake Ave
- 967 N El Molino Ave
- 965 N Summit Ave
- 1709 N Fair Oaks Ave Unit 118
- 166 Dearborn St
- 268 E Montana St
- 1063 E Rio Grande St
- 1465 Navarro Ave
- 2030 Lovila Ln
- 785 New York Dr
- 2034 El Molino Ave
- 790 N El Molino Ave
- 839 N Summit Ave
- 1657 Navarro Ave
- 820 N Raymond Ave
- 2107 Santa Rosa Ave
- 1944 El Sereno Ave
- 451 E Sacramento St
- 46 E Montana St