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1240 E Walnut St, Pasadena, CA 91106
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1240 E Walnut St Pasadena, CA 91106

$2,600,000
  • -- Beds
  • -- Baths
  • 5,586 Sq.Ft.
For Sale
$2,600,000 Get Pre-Qualified
Map preview of 1240 E Walnut St, Pasadena, CA 91106

Property Overview: 1240 E Walnut St Pasadena, CA has -- bedrooms, -- bathrooms, 5,586 living square feet and 7,476 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Rare opportunity for an owner-user in the auto repair business to acquire an existing auto repair mixed-use building with an apartment above the shop. Advance Muffler and Auto Repair business equipment and license also available for sale. SBA or conventional financing available.

Listed by Mark Ehlers | BRE #01955008 | Imperial Real Estate
Last checked: 7 minutes ago | Last updated: July 8th, 2023 | Source CRMLS | DOM: 631
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Home details

Lot Sq. Ft
7,476
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
SB22156858
City
Pasadena
County
Los Angeles
Time on Site
652 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1240 E Walnut St

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Property Details for 1240 E Walnut St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5738019023
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Walnut & Michigan Ave
View more facts & features

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Sale History for 1240 E Walnut St

Last sold for $750,000 on August 23rd, 2002

  • July, 2022

  • Jul 16, 2022

    Date

    Active

    CRMLS: SB22156858

    $3,500,000

    Price

  • August, 2002

  • Aug 23, 2002

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

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Tax History for 1240 E Walnut St

Assessed Value (2020): $993,224
Year Land Value Improved Value Assessed Value
2020 $168,178 $825,046 $993,224

Home Value Compared to the Market

This property vs the competition

1240 E Walnut St is listed 116.85% higher than the median list price for the city of Pasadena which has a median list price of $1,199,000. The median price per/sqft for Pasadena is $807 and this home is listed at $465.45 per/sqft which puts the price per square foot 42.32% lower than the median price per square foot for the city of Pasadena.

About 1240 E Walnut St

Detailed summary of property

1240 E Walnut St is a mixed use located in Pasadena, CA 91106 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 5,586 living square feet, and sits on an approximately 7,476 square foot lot. 1240 E Walnut St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner is currently asking $2,600,000 and was originally asking $3,500,000. The median priced home in Pasadena is $1,199,000 with a median price per square foot of $807. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 116.85% higher than the median priced home. Local competing homes currently for sale include 1605 E 1st St, 3433 E Pico Blvd and 1035 N Alvarado St. While the average home in Pasadena, CA is selling in 56 days, 1240 E Walnut St has a days on market of 631 days. There are currently 267 homes for sale in the Pasadena real estate market and 158 of them are single family homes while 80 of them are condos and 29 are townhomes. For more information on this home for sale at 1240 E Walnut St Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1240 E Walnut St

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
5,586
Lot Size
7,475
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
59
APN
5738-019-023

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,288,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
46
Median Sale to List Price %
89.73%
Avg Days on Market
28
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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