Z
Seller's Agent in 2020
Zeina Maalouf
Positive Investments
(626) 289-3505
14 Total Sales
466 Cypress Ave Pasadena, CA 91103
Northwest Pasadena NeighborhoodEstimated Value: $2,989,715 - $3,443,000
13
Beds
8
Baths
5,062
Sq Ft
$635/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Heating System Uses Natural Gas
About This Home
As of May 2020466-470 Cypress Ave. is a 7-unit apartment in the City of Pasadena, California with great current cash flow. The property has 2 buildings where the front building consists of 5 units, and the back building consists of 2 units. Each unit is separately metered for electricity and gas (except for studio unit). The property is situated on a large lot size of ±13,678 square feet lot (high density zoning of RM-32) which provides buyer the options for future development. The sale includes a preliminary architect drawing for a 10-unit condominiums project (Buyer to verify with city). The property is located within walking distance to Old Town Pasadena and offers access to all amenities the City of Pasadena has to offer. Parking consists of 4 space carport in the back and 11 open space parking on the side of the lot. The property features a large front yard, a side garden area and an attractive curb appeal. It offers an attractive unit mix with one 3bed+2bath unit, one 3bed+1bath unit, three 2bed+1bath units, one 1bed+1bath unit, and one studio (non-conforming) unit. The non-conforming studio unit is on master meter for electricity, gas and water. New Roof, New Exterior Siding, New Windows and New Outside Paint in 2019. Most of the units have been completely remodeled with laminate hardwood floor, granite kitchen counter tops and new kitchen cabinets. The back building units plumbing have been upgraded to copper piping.
Last Agent to Sell the Property
Positive Investments License #01787347 Listed on: 03/17/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 0.31 Acre Lot
- Two or More Common Walls
- Density is 36-40 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 5,062 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Parking
- 6 Open Parking Spaces
- 10 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 5726010031
Community Details
Overview
- 2 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $825
- Gardener Expense $1,080
- Insurance Expense $3,300
- Maintenance Expense $1,200
- Other Expense $1,000
- Trash Expense $2,148
- Water Sewer Expense $2,500
- New Taxes Expense $24,337
- Operating Expense $36,390
- Gross Income $149,700
- Net Operating Income $108,819
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2025
Sold by
Langton Javelera Carlos and Langton Ellen Javelera
Bought by
Javelera Joan Ellen
Current Estimated Value
Purchase Details
Closed on
Nov 10, 2025
Sold by
Carlos And Joan Javelera Family Trust and Javelera Carlos Langton
Bought by
Javelera Carlos Langton and Javelera Joan Ellen
Purchase Details
Listed on
Mar 17, 2020
Closed on
Jun 23, 2020
Sold by
Javelera Carlos Langton
Bought by
Javelera Carlos Langton and Javelera Joan Ellen
Seller's Agent
Zeina Maalouf
Positive Investments
Buyer's Agent
Mark Konopaske
Mark Konopaske
List Price
$2,098,000
Sold Price
$2,100,000
Premium/Discount to List
$2,000
0.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Purchase Details
Listed on
Mar 17, 2020
Closed on
May 4, 2020
Sold by
Javelera Joan
Bought by
Javelera Carlos Langton
Seller's Agent
Zeina Maalouf
Positive Investments
Buyer's Agent
Mark Konopaske
Mark Konopaske
List Price
$2,098,000
Sold Price
$2,100,000
Premium/Discount to List
$2,000
0.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 17, 2020
Closed on
Apr 21, 2020
Sold by
Cedars Glen Investments Llc
Bought by
Javelera Carlos Langton and Javelera Carlos Langton
Seller's Agent
Zeina Maalouf
Positive Investments
Buyer's Agent
Mark Konopaske
Mark Konopaske
List Price
$2,098,000
Sold Price
$2,100,000
Premium/Discount to List
$2,000
0.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 2019
Sold by
Maalouf Maurice and Maalouf Grace
Bought by
Cedars Glen Investment Llc
Purchase Details
Closed on
Nov 20, 2018
Sold by
Cedars Glen Investments Llc
Bought by
Maalouf Maurice and Maalouf Grace
Purchase Details
Closed on
Nov 26, 2007
Sold by
Maalouf Maurice
Bought by
Cedars Glen Investment Llc
Purchase Details
Closed on
Oct 18, 2007
Sold by
Waltz Marjorie S and Estate Of Kenneth A Waltz
Bought by
Maalouf Maurice
Purchase Details
Closed on
Jun 25, 1997
Sold by
Safarik Edwin William and Safarik James F
Bought by
Waltz Kenneth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.93%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 24, 1996
Sold by
Moon Adrian and Safarik Edwin William
Bought by
Safarik Edwin William and Safarik James F
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Javelera Joan Ellen | -- | None Listed On Document | |
| Javelera Carlos Langton | -- | None Listed On Document | |
| Javelera Carlos Langton | -- | None Available | |
| Javelera Carlos Langton | -- | North American Title Co Inc | |
| Javelera Carlos Langton | $2,100,000 | North American Title Co Inc | |
| Cedars Glen Investment Llc | -- | Provident Title | |
| Maalouf Maurice | -- | Lawyers Title | |
| Cedars Glen Investment Llc | -- | Chicago Title Company | |
| Maalouf Maurice | -- | Chicago Title Company | |
| Maalouf Maurice | $1,103,000 | Chicago Title Company | |
| Waltz Kenneth A | $257,000 | First Southwestern Title Co | |
| Waltz Kenneth A | -- | First Southwestern Title Co | |
| Safarik Edwin William | $218,619 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Javelera Carlos Langton | $100,000 | |
| Previous Owner | Waltz Kenneth A | $107,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2020 05/08/20 | Sold | $2,100,000 | +0.1% | $415 / Sq Ft |
| 04/10/2020 04/10/20 | Pending | -- | -- | -- |
| 03/17/2020 03/17/20 | For Sale | $2,098,000 | -- | $414 / 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 | $25,616 | $2,257,021 | $1,504,682 | $752,339 |
| 2024 | $25,616 | $2,212,767 | $1,475,179 | $737,588 |
| 2023 | $25,399 | $2,169,380 | $1,446,254 | $723,126 |
| 2022 | $24,518 | $2,126,845 | $1,417,897 | $708,948 |
| 2021 | $23,894 | $2,121,756 | $1,414,504 | $707,252 |
| 2020 | $14,909 | $1,324,744 | $960,832 | $363,912 |
| 2019 | $14,948 | $1,298,770 | $941,993 | $356,777 |
| 2018 | $15,164 | $1,273,305 | $923,523 | $349,782 |
| 2016 | $14,657 | $1,223,862 | $887,662 | $336,200 |
| 2015 | $14,496 | $1,205,479 | $874,329 | $331,150 |
| 2014 | $14,226 | $1,181,867 | $857,203 | $324,664 |
Source: Public Records
Agents Affiliated with this Home
-
Zeina Maalouf
-
Mark Konopaske
Buyer's Agent in 2020
Mark Konopaske
Mark Konopaske
(213) 220-9800
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR20057214
APN: 5726-010-031
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
- 481 Lincoln Ave
- 569 Lincoln Ave Unit 8
- 515 Orange Grove Place Unit 116
- 769 N Orange Grove Blvd
- 425 N Raymond Ave
- 209 Carlton Ave
- 541 N Summit Ave
- 221 N Raymond Ave
- 63 Yale St
- 201 N Orange Grove Blvd Unit 532
- 275 Garfield Ave
- 591 N Garfield Ave Unit 5
- 820 N Raymond Ave
- 839 N Summit Ave
- 159 W Green St Unit 304A
- 175 Painter St
- 259 N Euclid Ave
- 474 N Euclid Ave
- 1054 Seco St Unit 205
- 70 N Arroyo Blvd Unit 5
- 470 Cypress Ave Unit 2
- 470 Cypress Ave
- 480 Cypress Ave
- 460 Cypress Ave
- 167 W Villa St
- 490 Cypress Ave
- 495 Lincoln Ave
- 494 Cypress Ave
- 509 Lincoln Ave
- 172 W Villa St
- 164 W Villa St
- 438 Cypress Ave
- 513 Lincoln Ave
- 455 Cypress Ave
- 148 W Villa St
- 504 Cypress Ave
- 453 Cypress Ave
- 136 W Villa St
- 506 Cypress Ave Unit 2
- 467 Cypress Ave