Seller's Agent in 2025
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
1 in this area
38 Total Sales
485 E Washington Blvd Pasadena, CA 91104
Normandie Heights Neighborhood
25
Beds
24
Baths
13,859
Sq Ft
0.88
Acre Lot
Highlights
- 0.88 Acre Lot
- Laundry Room
- 1-Story Property
About This Home
As of December 2025Super 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
Realty Investment Advisors, Inc. License #01784652 Listed on: 09/17/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 38,252 Sq Ft 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
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 17, 2025
Closed on
Dec 3, 2025
Sold by
Bought by
Seller's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
Buyer's Agent
Mike Kobeissi
Kobeissi Properties
List Price
$4,850,000
Sold Price
$4,675,000
Premium/Discount to List
-$175,000
-3.61%
Views
40
Purchase Details
Closed on
Jan 7, 2020
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 1999
Sold by
Bought by
Purchase Details
Closed on
May 31, 1996
Sold by
Bought by
Purchase Details
Closed on
Jun 2, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $5,142 | Lawyers Title Company | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Stewart Title | ||
| -- | -- | ||
| -- | Stewart Title |
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 |
|---|---|---|---|
| Previous Owner | $1,500,000 | ||
| Previous Owner | $1,500,000 | ||
| Previous Owner | $999,000 |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2025 | $18,624 | $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
-
Alexander Metaxas
-
Benjamin Hsiang
Seller Co-Listing Agent in 2025
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
1 in this area
75 Total Sales
-
Mike Kobeissi
Buyer's Agent in 2025
Mike Kobeissi
Kobeissi Properties
(818) 725-1041
1 in this area
57 Total Sales
Map
Source: The MLS
MLS Number: 24-456721
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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.
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