David Nalbandyan
LA Premier Realty
(747) 277-0134
80 Total Sales
2 in Bungalow Heaven
$1,827,500 Price Range
918 N Lake Ave Pasadena, CA 91104
Bungalow Heaven Neighborhood
2
Beds
2
Baths
9,104
Sq Ft
0.63
Acre Lot
Highlights
- 0.63 Acre Lot
- Corner Lot
- ADA Compliant
- Pasadena High School Rated A
- Air Conditioning
- Landscaped
About This Home
As of December 2020Exceptional value-add property, home to the iconic Roma Market! This property has excellent street visibility & sits on the signalized corner of N Lake Ave. & E Mountain St., featuring parking lot access from both streets. The property consists of seven units, 5 of which are retail spaces, plus 2 apartments, both 1 bedroom 1 bath. The 5 retail spaces total 7,875 Sq.Ft. & the 2 residential spaces total 1,229 Sq.Ft for a total of 9,104 Sq.Ft. It sits on a total of 3 lots, totaling 27,487 Sq.Ft. The retail tenants are all long-term tenants with commercial leases expiring in 2021, 2022 and 2023, & the residential leases are month to month. All commercial leases are AIR Commercial Leases, Multi-tenant, Lease-gross. The buildings were built in 1964 & 1968, and are in good condition. They can easily be improved with exterior paint, landscaping & other exterior improvements. Tenants pay for gas & electric. **Property consists of 3 APNs. See attached marketing package.
Last Agent to Sell the Property
Maren Impala
Siemienowski & Associates License #02094135 Listed on: 10/21/2020
Last Buyer's Agent
Ara Keshishian
License #01866459
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 27,487 Sq Ft Lot
- Landscaped
- Corner Lot
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 9,104 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 30 Open Parking Spaces
- 30 Parking Spaces
Accessible Home Design
- ADA Compliant
Utilities
- Air Conditioning
- Evaporated cooling system
Listing and Financial Details
- Tenant pays for air cond/heat maint, electricity, gas
- The owner pays for gardener, water
- Assessor Parcel Number 5740-016-032
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- Vacancy Allowance $6,790
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bungalow Heaven, CA
-
David Nalbandyan
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
99 Total Sales
1 in Bungalow Heaven
$1,000,000 Price
-
Annie Deng
Annie Deng
COMPASS
(626) 605-6271
32 Total Sales
1 in Bungalow Heaven
$1,175,000 Price
-
Hilda Hernandez
Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
95 Total Sales
1 in Bungalow Heaven
$1,300,000 Price
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
137 Total Sales
1 in Bungalow Heaven
$1,175,000 Price
-
Ryan Zimmerman
Ryan Zimmerman
CONCIERGE REALTY GROUP
(909) 404-9309
206 Total Sales
1 in Bungalow Heaven
$1,742,899 Price
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 |
|---|---|---|---|---|
| 12/31/2020 12/31/20 | Sold | $3,250,000 | -14.4% | $357 / Sq Ft |
| 11/15/2020 11/15/20 | Pending | -- | -- | -- |
| 10/21/2020 10/21/20 | For Sale | $3,795,000 | -- | $417 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2026 | $2,913 | $263,314 | $105,325 | $157,989 |
| 2025 | $2,913 | $258,152 | $103,260 | $154,892 |
| 2024 | $2,866 | $253,091 | $101,236 | $151,855 |
| 2023 | $2,796 | $248,129 | $99,251 | $148,878 |
| 2022 | $2,749 | $243,264 | $97,305 | $145,959 |
| 2021 | $2,719 | $238,496 | $95,398 | $143,098 |
| 2020 | $2,684 | $236,051 | $94,420 | $141,631 |
| 2019 | $2,636 | $231,423 | $92,569 | $138,854 |
| 2018 | $2,568 | $226,886 | $90,754 | $136,132 |
| 2017 | $2,524 | $222,438 | $88,975 | $133,463 |
| 2016 | $2,402 | $218,078 | $87,231 | $130,847 |
| 2015 | $2,359 | $214,803 | $85,921 | $128,882 |
| 2014 | $2,321 | $210,596 | $84,238 | $126,358 |
Source: Public Records
Agents Affiliated with this Home
-
MI
Seller's Agent in 2020
Maren Impala
Siemienowski & Associates
-
AK
Buyer's Agent in 2020
Ara Keshishian
Map
Source: The MLS
MLS Number: 20-652340
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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