$2,500,000
SOLD JUL 10, 2026
12 Beds
-- Bath
5,230 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: July 10, 2026

$478 Per Sq Ft

3% Below List Price

65 Days on Market

Highlights

  • No Units Above
  • 0.38 Acre Lot
  • 1-Story Property

About This Home

As of July 2026

Bungalow-style six-unit apartment complex offers a great investment opportunity in the heart of Pasadena, California. The location is excellent, providing easy access to all the amenities of Old Town Pasadena. Each unit is a spacious two-bedroom, one-bathroom apartment with two parking spaces. The complex is conveniently located within a mile of the city center, ensuring a steady stream of income from long-term tenants. Most units have been recently updated to meet current standards. This is an ideal long-term investment opportunity for investors looking to generate cash flow.

Last Agent to Sell the Property

Jenny Ma

Sunny Realty Group, Inc. Brokerage Phone: 626-241-2681 License #01882851 Listed on: 04/04/2026

Last Buyer's Agent

Brian Vu

Equity Union License #02181861

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 16,511 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,230 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Unit 6 Bathroom: 0
  • Unit 1 Bathroom: 0
  • Unit 2 Bathroom: 0
  • Unit 3 Bathroom: 0
  • Unit 4 Bathroom: 0
  • Unit 5 Bathroom: 0

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 3019
  • Assessor Parcel Number 5739006013
  • $2,754 per year additional tax assessments

Community Details

Overview

  • 3 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
  • Gardener Expense $2,400
  • Insurance Expense $5,000
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • Operating Expense $22,341
  • Gross Income $170,280
  • Net Operating Income $147,930

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0.38 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 5739006013
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 478.01

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 16511.00
  • Lot Size Acres: 0.3790

Multi Family

  • Gross Income: 170280.00
  • Gross Scheduled Income: 170280.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 16511.0000 Square Feet
  • Net Operating Income: 147930.00
  • 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
  • Operating Expense: 22341.00
  • Rent Control: Yes
  • Total Expenses: 22341.00

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 3019
  • TaxOtherAnnualAssessmentAmount: 2754.00

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 16, 2021
Closed on
Oct 7, 2021
Sold by
Bought by
Seller's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
Buyer's Agent
Lina Zhang
RE/MAX Premier Properties
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $2,400,000 North American Title
Grant Deed $1,250,000 Fidelity National Title Co
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Southland 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 Loan Amount Loan Type
Open $1,400,000 New Conventional
Closed $1,050,000 New Conventional
Closed $600,000 New Conventional
Previous Owner $575,000 Commercial
Previous Owner $136,000 Credit Line Revolving
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 Prior Sale
07/10/2026 07/10/26 Sold $2,500,000 -3.1% $478 / Sq Ft
04/04/2026 04/04/26 For Sale $2,580,000 0.0% $493 / Sq Ft
06/06/2022 06/06/22 Rented $2,300 0.0% --
05/30/2022 05/30/22 For Rent $2,300 0.0% --
10/14/2021 10/14/21 Sold $2,400,000 0.0% $459 / Sq Ft View Prior Sale
10/06/2021 10/06/21 Pending -- -- --
09/25/2021 09/25/21 Off Market $2,400,000 -- --
09/16/2021 09/16/21 For Sale $2,400,000 -- $459 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,582 $1,234,000 $617,000 $617,000
2024 $16,066 $1,234,000 $617,000 $617,000
2023 $28,885 $2,448,000 $1,224,000 $1,224,000
2022 $27,893 $2,400,000 $1,200,000 $1,200,000
2021 $17,443 $1,479,505 $887,704 $591,801
2020 $16,772 $1,464,335 $878,602 $585,733
2019 $16,810 $1,435,624 $861,375 $574,249
2018 $16,998 $1,407,476 $844,486 $562,990
2016 $16,434 $1,352,824 $811,695 $541,129
2015 $16,252 $1,332,504 $799,503 $533,001
2014 $15,945 $1,306,403 $783,842 $522,561
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26072801

California Regional Multiple Listing Service (CRMLS)
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