Seller's Agent in 2023
Julio Ruiz
Global Platinum Properties, Inc.
(818) 524-0706
1 in this area
48 Total Sales
794 E Orange Grove Blvd Pasadena, CA 91104
Northwest Pasadena Neighborhood
7
Beds
5
Baths
2,894
Sq Ft
9,533
Sq Ft Lot
Highlights
- Craftsman Architecture
- Auto Driveway Gate
- 1-Story Property
About This Home
As of April 2023BOM! This rare opportunity offers 100% vacancy in the five units located in desirable Pasadena. Set on a sizable 9,533 SF lot, it presents investors with tremendous potential and an advantageous outcome; a 7.2% cap rate and 10.5 GRM expected following renovations. All of the units are dazzling bungalow styles, composed of two duplexes - one at the front, one at the back - and a standalone house in between them. There are preliminary plans to add either an attached ADU to the front garages or two detached ADUs in the rear for increased value. Its prime location puts investors only minutes away from notable shops and eateries in Old Town Pasadena, Rose Bowl Stadium and Cal-Tech. Ready for those that crave to bring their own creative vision; additionally, each unit is metered separately for gas and electricity.
Last Agent to Sell the Property
Global Platinum Properties, Inc. License #01911261 Listed on: 01/04/2023
Last Buyer's Agent
Out of Area Southland
SOUTHLAND License #0
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 9,533 Sq Ft Lot
Parking
- Auto Driveway Gate
Home Design
- Craftsman Architecture
Interior Spaces
- 2,894 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 3 Buildings
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 5731-013-004
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $1,400,000 | -18.8% | $484 / Sq Ft |
| 03/30/2023 03/30/23 | For Sale | $1,725,000 | 0.0% | $596 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 03/23/2023 03/23/23 | For Sale | $1,725,000 | 0.0% | $596 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 01/04/2023 01/04/23 | For Sale | $1,725,000 | -- | $596 / Sq Ft |
Source: The MLS
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 | $17,073 | $1,456,560 | $1,165,248 | $291,312 |
| 2024 | $17,073 | $1,428,000 | $1,142,400 | $285,600 |
| 2023 | $10,948 | $877,200 | $673,200 | $204,000 |
| 2022 | $10,583 | $860,000 | $660,000 | $200,000 |
| 2021 | $5,317 | $389,007 | $132,608 | $256,399 |
| 2020 | $5,137 | $385,019 | $131,249 | $253,770 |
| 2019 | $5,141 | $377,471 | $128,676 | $248,795 |
| 2018 | $5,110 | $370,070 | $126,153 | $243,917 |
| 2016 | $4,908 | $355,702 | $121,255 | $234,447 |
| 2015 | $4,850 | $350,360 | $119,434 | $230,926 |
| 2014 | $4,790 | $343,498 | $117,095 | $226,403 |
Source: Public Records
Agents Affiliated with this Home
-
Julio Ruiz
-
Armin Soleimani
Seller Co-Listing Agent in 2023
Armin Soleimani
Global Platinum Properties, Inc.
(310) 666-2246
1 in this area
65 Total Sales
-
O
Buyer's Agent in 2023
Out of Area Southland
SOUTHLAND
Map
Source: The MLS
MLS Number: 23-229295
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