$1,350,000

Estimated payment $8,433/month

Total Views 8,714
4 Beds
2 Baths
1,390 Sq Ft
$971 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 1-Story Property
  • Pasadena High School Rated A
  • Forced Air Heating System

About This Home

Calling all investors and developers. Prime Pasadena duplex located in a desirable neighborhood with over 11,400 sq ft lot, zoned high density allowing to build up to 12 units townhouse/condos or ADU potential. Featuring 2 bungalow style homes with 2bed 1 bath each and separate car garage. Both tenants are on a month-to-month lease with 2 separate gas & electric meters. Conveniently located 1 block near the Shops on Lake, PCC, Caltech, Old Town, Metro Gold Line and easy access to the 210 & 110fwy. Large flat lot with endless possibilities and future expansion.

Listing Agent

Stacey Phan

SP Realty Brokerage Phone: 626-533-1505 License #01867291 Listed on: 03/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,877

Year Built

  • Built in 1924

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 5732015027
  • $628 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,800
  • Operating Expense $18,176
  • Gross Income $3,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,877

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 675000
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: PSR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5732015027
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 971.22
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11471.00
  • Lot Size Acres: 0.2633

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 3440.00
  • Gross Scheduled Income: 41280.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 11471.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 18176.00

Tax Info

  • Tax Census Tract: 4623.01
  • Tax Lot: 21
  • TaxOtherAnnualAssessmentAmount: 628.00

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 $14,877 $1,326,509 $955,087 $371,422
2024 $14,877 $1,300,500 $936,360 $364,140
2023 $14,752 $1,275,000 $918,000 $357,000
2022 $14,240 $1,250,000 $900,000 $350,000
2021 $6,529 $556,288 $445,034 $111,254
2020 $6,277 $550,585 $440,471 $110,114
2019 $6,292 $539,790 $431,835 $107,955
2018 $6,321 $529,207 $423,368 $105,839
2016 $6,113 $508,659 $406,929 $101,730
2015 $6,045 $501,019 $400,817 $100,202
2014 $5,931 $491,206 $392,966 $98,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 For Sale $1,350,000 0.0% $971 / Sq Ft
07/14/2025 07/14/25 Off Market $1,350,000 -- --
06/28/2025 06/28/25 For Sale $1,350,000 0.0% $971 / Sq Ft
06/24/2025 06/24/25 Off Market $1,350,000 -- --
06/07/2025 06/07/25 For Sale $1,350,000 0.0% $971 / Sq Ft
06/04/2025 06/04/25 Off Market $1,350,000 -- --
05/10/2025 05/10/25 For Sale $1,350,000 0.0% $971 / Sq Ft
05/06/2025 05/06/25 Off Market $1,350,000 -- --
04/19/2025 04/19/25 For Sale $1,350,000 0.0% $971 / Sq Ft
04/14/2025 04/14/25 Off Market $1,350,000 -- --
04/05/2025 04/05/25 For Sale $1,350,000 0.0% $971 / Sq Ft
04/01/2025 04/01/25 Off Market $1,350,000 -- --
03/18/2025 03/18/25 For Sale $1,350,000 +8.0% $971 / Sq Ft
11/12/2021 11/12/21 Sold $1,250,000 0.0% $899 / Sq Ft
11/12/2021 11/12/21 Sold $1,250,000 0.0% $899 / Sq Ft
11/12/2021 11/12/21 Sold $1,250,000 0.0% $899 / Sq Ft
10/21/2021 10/21/21 For Sale $1,250,000 0.0% $899 / Sq Ft
10/21/2021 10/21/21 Off Market $1,250,000 -- --
10/08/2021 10/08/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $1,250,000 0.0% $899 / Sq Ft
08/15/2021 08/15/21 For Sale $1,250,000 0.0% $899 / Sq Ft
07/20/2021 07/20/21 For Sale $1,250,000 -- $899 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Provident Title Company
Grant Deed $1,250,000 Provident Title Company
Grant Deed $470,000 Stewart Title
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $233,000 New Conventional
Previous Owner $150,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25059744

California Regional Multiple Listing Service (CRMLS)

APN: 5732-015-027