Seller's Agent in 2025
David Wei
Cal Assets & Associates Inc
(626) 792-4420
3 in this area
20 Total Sales
765 E California Blvd Pasadena, CA 91106
Madison Heights Neighborhood
8
Beds
4
Baths
5,498
Sq Ft
0.34
Acres
Highlights
- Dual Staircase
- Mediterranean Architecture
- Laundry Room
- Wood Flooring
- Living Room
- Parking Storage or Cabinetry
About This Home
As of July 2025Location, Location, Location. A rare opportunity to own a four unit building (owner could potentially occupy one unit) with a large lot (14823 square feet). This property is situated in the highly desirable heart of Pasadena with easy access to South Lake Shopping District, Old Town Pasadena, Cal Tech, PCC, a plethora of dining and shopping options. Easy access to freeways (110 & 210 freeway and) public transpositions.Each unit consists of 2 bedroom/ 1 bath, living room with fireplace, dining room and laundry hookup. All units come with central air and heat. A beautiful large grassy backyard leads to a covered carport with individual storage units and additional parking spaces.Units are 1100% occupied and NEVER stays vacant long. Potential Mills Act eligibility (Buyer to verify).Please call for additional details.
Last Agent to Sell the Property
Cal Assets & Associates Inc Brokerage Phone: (626) 399-7166 License #01354834 Listed on: 03/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 0.34 Acre Lot
- No Common Walls
- South Facing Home
- Wrought Iron Fence
- Block Wall Fence
- Front Yard
Home Design
- Mediterranean Architecture
- Flat Roof Shape
- Fire Rated Drywall
- Plaster
Interior Spaces
- 5,498 Sq Ft Home
- Dual Staircase
- Decorative Fireplace
- Living Room
- Wood Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 8 Car Garage
- 4 Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- Parking Lot
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Sewer Paid
Additional Features
- Exterior Lighting
- Suburban Location
Community Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,680
- Insurance Expense $8,216
- Trash Expense $1,500
- Water Sewer Expense $2,690
- Operating Expense $14,086
- Net Operating Income $100,819
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 463
- Assessor Parcel Number 5734029004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2025
Closed on
Jul 22, 2025
Sold by
Morgan Steven John and Morgan Penelope Jane
Bought by
Sv 765 Pasadena Llc
Seller's Agent
David Wei
Cal Assets & Associates Inc
Buyer's Agent
Jared Jones
POWER OF 2 REALTY
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,471
Avg. Annual Appreciation
-1.38%
Original Mortgage
$2,240,000
Outstanding Balance
$1,694,179
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$1,490,350
Purchase Details
Closed on
May 19, 2017
Sold by
Morgan Steven J
Bought by
Morgan Steven John and Morgan Penelope Jane
Purchase Details
Closed on
Nov 2, 2016
Sold by
Tan Antonius Y
Bought by
Morgan Steven J and Morgan Penelope
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2013
Sold by
Tan Antonius Y
Bought by
Tan Antonius Y and Tan Maria H
Purchase Details
Listed on
Mar 20, 2013
Closed on
May 8, 2013
Sold by
Levy Robert D
Bought by
Tan Antonius Y and Tan Maria H
Seller's Agent
Jayne Parsons
Keller Williams Realty
List Price
$1,888,000
Sold Price
$1,923,600
Premium/Discount to List
$35,600
1.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$850,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 2004
Sold by
Levy Robert D and Levy Leslie G
Bought by
Levy Robert D
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,200,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,390,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,924,000 | Lawyers Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,240,000 | Construction | |
| Previous Owner | $1,700,000 | New Conventional | |
| Previous Owner | $850,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $3,200,000 | +10.3% | $582 / Sq Ft | |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- | |
| 06/09/2025 06/09/25 | Price Changed | $2,900,000 | -10.8% | $527 / Sq Ft | |
| 05/16/2025 05/16/25 | Price Changed | $3,250,000 | -7.1% | $591 / Sq Ft | |
| 03/12/2025 03/12/25 | For Sale | $3,500,000 | +82.0% | $637 / Sq Ft | |
| 05/23/2013 05/23/13 | Sold | $1,923,600 | +1.9% | $350 / Sq Ft | View Prior Sale |
| 04/26/2013 04/26/13 | Pending | -- | -- | -- | |
| 03/20/2013 03/20/13 | For Sale | $1,888,000 | -- | $343 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $31,153 | $2,773,794 | $1,938,176 | $835,618 |
| 2024 | $31,153 | $2,719,407 | $1,900,173 | $819,234 |
| 2023 | $30,895 | $2,666,086 | $1,862,915 | $803,171 |
| 2022 | $29,822 | $2,613,811 | $1,826,388 | $787,423 |
| 2021 | $28,594 | $2,562,561 | $1,790,577 | $771,984 |
| 2020 | $27,440 | $2,536,286 | $1,772,217 | $764,069 |
| 2019 | $27,518 | $2,486,556 | $1,737,468 | $749,088 |
| 2018 | $28,095 | $2,437,800 | $1,703,400 | $734,400 |
| 2016 | $23,399 | $2,000,994 | $1,393,914 | $607,080 |
| 2015 | $23,144 | $1,970,939 | $1,372,977 | $597,962 |
| 2014 | $22,660 | $1,932,332 | $1,346,083 | $586,249 |
Source: Public Records
Agents Affiliated with this Home
-
David Wei
-
Jared Jones
Buyer's Agent in 2025
Jared Jones
POWER OF 2 REALTY
(951) 255-0908
2 in this area
230 Total Sales
-
Jayne Parsons
Seller's Agent in 2013
Jayne Parsons
Keller Williams Realty
(626) 233-6428
8 in this area
68 Total Sales
-
Brian Parsons
Seller Co-Listing Agent in 2013
Brian Parsons
Keller Williams Realty
(626) 340-8050
13 in this area
127 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-21240
APN: 5734-029-004
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