$1,720,000
SOLD DEC 6, 2024

726 Meridian Ave South Pasadena, CA 91030

4 Beds
3 Baths
-- Sq Ft
6,265 Sq Ft Lot

Recently Sold

38% Above List Price

45 Days on Market

Highlights

  • No Units Above
  • 3-minute walk to South Pasadena
  • Spanish Architecture
  • Arroyo Vista Elementary Rated A+
  • Wood Flooring
  • Crown Molding

About This Home

As of December 2024

If you've ever wished to have loved ones living a stone's throw away - now you can - on this just released to the market, historic multi-family property in the heart of South Pasadena. Three units - a Spanish Revival duplex & a detached Craftsman bungalow - occupy this large lot located one short block from some of the area's best retail shops and restaurants. The two casitas, each one-bed/one-bath, share a common outdoor grass-covered yard with a paved patio and have textured stucco sheathing on the exterior and a flat, tile-clad roof. The third bungalow, just beyond a partially-fenced yard, offers two bedrooms and one bath, an airy living room with built-in shelves & cabinets, and a kitchen nook with built-in bench seating that opens to reveal extra storage space. The main dwelling also has a vestibule that opens to a private garden and an adjacent alleyway with garage space for two cars. While each of the units has a slightly different floor plan, you'll love the hardwood floors, roomy walk-in closets, built-in cabinets, French doors, and wall sconces that add to the authenticity of this historic property. This living space is truly unique in that it honors the individual privacy of its occupants while also providing shared space to relax or entertain.

Last Agent to Sell the Property

David Knight

Keller Williams Realty Brokerage Email: daveknightrealestate@gmail.com License #01829234 Listed on: 10/08/2024

Keller Williams Realty

Co-Listed By

Esther Clauson

KW SELA Brokerage Email: daveknightrealestate@gmail.com License #02031778

Last Buyer's Agent

Lucy Xu

Country Queen Real Estate License #01924903

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,265 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Spanish Architecture
  • Bungalow
  • Fixer Upper
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Floor Furnace
  • Wall Furnace

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5315013906
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: gas range, refrigerator
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5315013906
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Room Type: Living Room, Kitchen

Exterior Features

  • Direction Faces: West
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6265.00
  • Lot Size Acres: 0.1438

Multi Family

  • Average1 Bed Area: 710 Square Feet
  • Average2 Bed Area: 809 Square Feet
  • Lot Size Area: 6265.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Dec 3, 2024
Sold by
City Of South Pasadena
Bought by
Hanrahan Family Living Trust and Zhang
Seller's Agent
David Knight
Keller Williams Realty
Buyer's Agent
Lucy Xu
Country Queen Real Estate
List Price
$1,249,000
Sold Price
$1,720,000
Premium/Discount to List
$471,000
37.71%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%

Purchase Details

Closed on
Aug 16, 2024
Sold by
State Of California
Bought by
City Of South Pasadena
Source: Public Records

Similar Homes in South Pasadena, CA

  • 1416 Oak St, South Pasadena, CA 91030

    $1,495,000

    • 3 Beds
    • 3 Baths
    • 2,712 Sq Ft
    • 1416 Oak St
    • South Pasadena, CA

    A rare opportunity to own a well-maintained triplex in the heart of South Pasadena. This 2,712 square foot property is sited on an 8,574 square foot lot and features three distinct units:1416 - Studio unit1418 - Spacious 2-bedroom residence1418 1/2 - 1-bedroom unit with charming detailsEach unit offers comfortable living and excellent natural light. The property includes a separate two-car garage

    DARRELL DONE Coldwell Banker Realty

    Section Image
  • 1317 Oak St, South Pasadena, CA 91030

    $1,388,000

    • 3 Beds
    • 2 Baths
    • 1,664 Sq Ft
    • 1317 Oak St
    • South Pasadena, CA

    Charming Duplex in the Heart of South Pasadena City!Welcome to a rare opportunity in one of the most desirable neighborhoods. This side-by-side duplex offers the best of both worlds - ideal for an owner-user looking to live in one unt while generating income from the other, or for investors seeking a valuable addition to their portfolio. Each home has been thoughtfully designed with comfort

    Rosi Ueng Treelane Realty Group Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,720,000 Fidelity National Title
Grant Deed -- Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 For Rent $3,400 0.0% --
12/06/2024 12/06/24 Sold $1,720,000 +37.7% --
11/22/2024 11/22/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $1,249,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

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 -- -- -- --
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-19537

Pasadena-Foothills Association of REALTORS®

APN: 5315-013-906