$4,675,000
SOLD DEC 23, 2025
25 Beds
24 Baths
13,859 Sq Ft
0.88 Acres

Recently Sold

$337 Per Sq Ft

4% Below List Price

82 Days on Market

Highlights

  • 0.88 Acre Lot
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2025

Super strong rental location of Pasadena with low maintenance type buildings. Two single-story buildings offering a unit mix of One 3Bed+2bath, Three 2Bed+1bath and 16 spacious 1Bed+1bath units and NO SOFT-STORY. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showcasing an open grass courtyard, an on-site laundry facility that yields a steady flow of income with open and carport parking.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 09/17/2025

Co-Listed By

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Last Buyer's Agent

Mike Kobeissi

Kobeissi Properties License #01011211

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.88 Acre Lot

Interior Spaces

  • 13,859 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 24 Bathrooms

Parking

  • 20 Parking Spaces
  • Carport
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 5838-040-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 13859
  • Lot Acreage: 0.8781
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 25
  • Laundry: Laundry Area
  • Total Bathrooms: 24.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 349.95

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Uncovered
  • Total Parking: 20

Utilities

  • Cooling: Wall Unit(s), Wall/Window
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 51.95
  • Assessed Improvement Value: 590914
  • Assessed Land Percent: 48.05
  • Assessed Land Value: 546590
  • Total Assessed Value: 1137504
  • Assessor Parcel Number: 5838-040-010
  • Lot Size Area: 38252

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.97
  • Number Of Units: 20
  • Type Of Units: Apartments
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 Sold $4,675,000 -3.6% $337 / Sq Ft
12/08/2025 12/08/25 Pending -- -- --
09/17/2025 09/17/25 For Sale $4,850,000 0.0% $350 / Sq Ft
09/16/2025 09/16/25 Price Changed $4,850,000 -2.8% $350 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $4,990,000 0.0% $360 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
05/16/2025 05/16/25 Price Changed $4,990,000 0.0% $360 / Sq Ft
05/16/2025 05/16/25 For Sale $4,990,000 +6.7% $360 / Sq Ft
04/11/2025 04/11/25 Off Market $4,675,000 -- --
12/17/2024 12/17/24 Price Changed $4,998,000 -3.8% $361 / Sq Ft
12/13/2024 12/13/24 For Sale $5,195,000 +11.1% $375 / Sq Ft
12/09/2024 12/09/24 Off Market $4,675,000 -- --
10/24/2024 10/24/24 For Sale $5,195,000 -- $375 / Sq Ft
Source: The MLS

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 $17,715 $1,183,457 $568,671 $614,786
2024 $17,715 $1,160,253 $557,521 $602,732
2023 $17,568 $1,137,504 $546,590 $590,914
2022 $17,046 $1,115,201 $535,873 $579,328
2021 $16,366 $1,093,335 $525,366 $567,969
2020 $15,852 $1,084,126 $519,980 $564,146
2019 $15,853 $1,062,909 $509,785 $553,124
2018 $15,627 $1,042,108 $499,790 $542,318
2016 $14,958 $999,722 $480,384 $519,338
2015 $14,779 $984,707 $473,169 $511,538
2014 $14,639 $965,419 $463,901 $501,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-456721

The MLS