NOT LISTED FOR SALE

918 E Topeka St Pasadena, CA 91104

Historic Highlands Neighborhood

Estimated Value: $1,599,000 - $1,680,000

8 Beds
4 Baths
4,630 Sq Ft
$353/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2025

Last sale price $1,660,000 $359 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,523 / mo

18 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • 3 Attached Carport Spaces
  • Pasadena High School Rated A
  • Balcony
  • Wall Furnace

About This Home

As of May 2025

FULLY OCCUPIED, 4-unit residential income property. Built in 1924, this Mediterranean/Spanish style apartment building retains much of its original character and charm. Each unit has 2-bedrooms, 1-bath, hardwood floors, a formal dining room, retro-style kitchen, and a service porch with laundry hook-ups. The property was recently painted and has a new roof.

Last Agent to Sell the Property

Joseph Reed

Sotheby's International Realty License #01050805 Listed on: 03/02/2025

Sotheby's International Realty

Last Buyer's Agent

Samuel Danielyan

JohnHart Real Estate License #02155033

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,438 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Spanish Architecture
  • Quadruplex
  • Fixer Upper

Interior Spaces

  • 4,630 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Parking

  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 008
  • Tax Tract Number 4614
  • Assessor Parcel Number 5848034008

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $546
  • Gardener Expense $1,920
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $2,927
  • Operating Expense $29,348
  • Gross Income $104,280
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

8,438 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 2927.00
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1920.00
  • Parcel Number: 5848034008
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 358.53

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 8438.00
  • Lot Size Acres: 0.1937

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1132
  • Electric Expense: 546.00
  • Gross Income: 104280.00
  • Gross Scheduled Income: 8690.00
  • Insurance Expense: 1.00
  • Lot Size Area: 8438.0000 Square Feet
  • Net Operating Income: 7200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1539.00
  • Rent Control: Yes
  • Total Actual Rent: 8690.00
  • Total Expenses: 29348.00

Tax Info

  • Tax Lot: 008
  • Tax Tract Number: 4614

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
Mar 2, 2025
Closed on
Apr 29, 2025
Sold by
Bought by
Seller's Agent
Joseph Reed
Sotheby's International Realty
Buyer's Agent
Samuel Danielyan
JohnHart Real Estate
List Price
$1,650,000
Sold Price
$1,660,000
Premium/Discount to List
$10,000
0.61%
Views
39
Current Estimated Value
$1,633,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,409
Avg. Annual Appreciation
-1.41%
Original Mortgage
$1,245,000
Outstanding Balance
$1,229,193
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$404,398

Purchase Details

Listed on
Mar 2, 2025
Closed on
Mar 21, 2025
Sold by
Bought by
Seller's Agent
Joseph Reed
Sotheby's International Realty
Buyer's Agent
Samuel Danielyan
JohnHart Real Estate
List Price
$1,650,000
Sold Price
$1,660,000
Premium/Discount to List
$10,000
0.61%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,000
Outstanding Balance
$1,229,193
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$404,398

Purchase Details

Closed on
Dec 29, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
-- Chicago Title Company
$1,660,000 Chicago Title Company
-- None Available
-- --
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 Borrower Loan Amount
Open $1,245,000
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
05/01/2025 05/01/25 Sold $1,660,000 +0.6% $359 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/02/2025 03/02/25 For Sale $1,650,000 -- $356 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $8,387 $629,307 $199,362 $429,945
2024 $7,920 $616,968 $195,453 $421,515
2023 $7,853 $604,871 $191,621 $413,250
2022 $7,597 $593,012 $187,864 $405,148
2021 $7,282 $581,385 $184,181 $397,204
2019 $7,027 $564,143 $178,719 $385,424
2018 $7,066 $553,082 $175,215 $377,867
2016 $6,790 $531,607 $168,412 $363,195
2015 $6,714 $523,623 $165,883 $357,740
2014 $6,603 $513,367 $162,634 $350,733
Source: Public Records

Agents Affiliated with this Home

  • Joseph Reed

    Seller's Agent in 2025

    Joseph Reed

    Sotheby's International Realty

    (626) 396-3925

    1 in this area

    24 Total Sales

    Joseph Reed
    Section Image

  • S

    Buyer's Agent in 2025

    Samuel Danielyan

    JohnHart Real Estate

    (818) 993-1300

    1 in this area

    61 Total Sales

    Samuel Danielyan
    Section Image
  • Gayik Badalyan

    Buyer Co-Listing Agent in 2025

    Gayik Badalyan

    JohnHart Real Estate

    (818) 246-1099

    1 in this area

    2 Total Sales

    Gayik Badalyan
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-21082

Pasadena-Foothills Association of REALTORS®

APN: 5848-034-008

California Los Angeles County Pasadena 91104 Historic Highlands

918 E Topeka St, Pasadena, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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