$2,495,000

Estimated payment $15,829/month

Total Views 4,082
6 Beds
7 Baths
4,004 Sq Ft
$623 Price per Sq Ft

Highlights

  • No HOA
  • Blair High School Rated A-
  • Laundry Room

About This Home

Rare opportunity for both investors and developers to acquire this Prime location 6-unit property, with over a 12,000 sqft lot, in the heart of Pasadena. 2 short blocks from S. Lake Ave where shopping and restaurants are plentiful. Very close proximity to Old Town Pasadena, Cal Tech, Pasadena Convention Center and all freeways. Property has a medium-high density zoning CD-RM-32.

Listing Agent

Darius Majlessi

Sotheby's International Realty Brokerage Phone: 818-426-6639 License #01294550 Listed on: 06/24/2025

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,026

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall

Parking

  • 3 Car Garage
  • 4 Carport Spaces

Home Design

  • Apartment

Interior Spaces

  • 4,004 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 5734 / 018
  • Tax Tract Number 5
  • Assessor Parcel Number 5734018005
  • $1,443 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $11,602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,026

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 415833
  • Property Attached: Yes
  • Zoning: PSR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5734018005
  • Year Built: 1946
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: ground
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 623.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12011.00
  • Lot Size Acres: 0.2757

Multi Family

  • Gross Income: 11602.00
  • Gross Scheduled Income: 139224.00
  • Laundry Income: 1500.00
  • Lot Size Area: 12011.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Rent Control: Yes
  • Total Actual Rent: 11602.00

Tax Info

  • Tax Block: 018
  • Tax Census Tract: 4636.01
  • Tax Lot: 5734
  • Tax Tract Number: 005
  • TaxOtherAnnualAssessmentAmount: 1443.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $26,026 $2,287,031 $1,592,958 $694,073
2024 $26,026 $2,242,188 $1,561,724 $680,464
2023 $25,809 $2,198,224 $1,531,102 $667,122
2022 $24,920 $2,155,123 $1,501,081 $654,042
2021 $23,904 $2,112,867 $1,471,649 $641,218
2019 $23,011 $2,051,650 $1,428,000 $623,650
2018 $3,159 $171,839 $65,693 $106,146
2016 $2,994 $163,775 $63,143 $100,632
2015 $2,957 $161,316 $62,195 $99,121
2014 $2,952 $158,157 $60,977 $97,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $2,495,000 +24.1% $623 / Sq Ft
06/05/2018 06/05/18 Sold $2,010,000 +6.1% $502 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $1,895,000 -- $473 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,010,000 Wfg National Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 Commercial
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25137999

California Regional Multiple Listing Service (CRMLS)

APN: 5734-018-005