1286 N Los Robles Ave, Pasadena, CA 91104
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1286 N Los Robles Ave Pasadena, CA 91104

$1,907,000 Sold Price as of 10/13/2020
  • 7 Beds
  • 4 Baths
  • 5,304 Sq.Ft.
Sold
$1,907,000 Sold Price as of 10/13/2020 Refinance Your Mortgage

Map preview of 1286 N Los Robles Ave, Pasadena, CA 91104

Property Overview: 1286 N Los Robles Ave Pasadena, CA has 7 bedrooms, 4 bathrooms, 5,304 living square feet and 11,624 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built-in 1926 by Pasadena renowned architect Walter Folland also designed the Jamieson House on the Ambassador College campus. This Original Spanish Colonial 4-Plex was designed beautifully with an exquisite architectural layout. Each unit includes spacious living room and formal dining and breakfast areas. Also featured are beautiful Batchelder fireplaces ,custom cabinetry, original Oakwood flooring, Hardwood doors, and a separate laundry room in the units. Upon entering through the front of this 4-plex, a welcoming guest lobby awaits. A rear entrance is also available for residents, providing easy and accommodating access to the parking area and detached 4 individual garages. This two-story building comes with a basement. Conveniently located 5 minutes to South Lake Ave, and Old Town Pasadena. The perfect location for shopping and restaurants. This Property is zoned PSR3, allowing additional units to be built. In addition, this property is approved under the “Mills Act” creating a massive tax incentive for any potential buyer. Buyer must verify. Unit Information: (2) 2 Beds & 1 Bath unit (approx. 1450 SqFt.), (1) 2 Beds & 1 Bath unit (approx. 1200 SqFt.) (1) 1 Bed & 1 Bath unit (approx. 1200 SqFt.) Total of 5304 SqFt living area. The lot size is 11,625 SqFt. *The owner did renovation/remodeled in 2017 in Unit 1292, in 2018 in Unit 1290, in 2019 retrofitted the foundation, installed new HAVC, and new copper plumbing.

Listed by Sookie Huskey | BRE #01305467 | Coldwell Banker George Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
11,624
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
AR20151612
City
Pasadena
County
Los Angeles
Time on Site
1377 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $111,300
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,750
  • Electric: $0
  • New Taxes: $0
  • Trash: $0
  • Gardener: $1,800
  • Insurance: $1,950
  • Water/Sewer: $3,000

Property Details for 1286 N Los Robles Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Living Room Balcony, Storage
  • Levels: Two
  • Window Features: Casement Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • Awning(s)
  • Has Fence
  • Wire, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Garage, Garage - Single Door, Parking Space
Lot Information
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5730001005
  • Year Built Source: Assessor
  • Architectural Style: Colonial, Spanish
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: North of 210 Fwy, Between N or Claremont, S of Washington
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1286 N Los Robles Ave

Last sold for $1,907,000 on October 13th, 2020
  • October, 2020

  • Oct 14, 2020

    Date

    Sold

    CRMLS: AR20151612

    $1,907,000

    Price

  • Sep 9, 2020

    Date

    Active Under Contract

    CRMLS: AR20151612

    $1,998,000

    Price

  • Jul 30, 2020

    Date

    Active

    CRMLS: AR20151612

    $1,998,000

    Price

  • October, 2020

  • Oct 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,907,000

    Price

  • May, 2018

  • May 29, 2018

    Date

    Canceled

    CRMLS: 316007793

    --

    Price

  • Listing provided courtesy of CRMLS

    Original 1926 Spanish Colonial Revival four-plex is architecturally significant, but it is the $87,000 per year income and the zoning which would allows up to 5 additional units to be built which makes this property truly unique. Amazingly oversized 2 bedroom units of 1,400 sf and the 1 bedroom units of 1,200 sf. combine to make up 5,304 sf in this two story building with a basement and four car detached garages. This historic building qualifies for national registry of historic places and if approved up to 50% reduction in property tax with the Mills Act. Upside in rent due to the size of units and the intense character of the building. Craftsman interiors include Fireplaces in each of the units (faux) with custom wood cabinetry, coved ceilings, original oak wood flooring and hardwood doors. Entrance lobby for all four units through front of building with additional access in the back. Truly unique building with upside in rents, upside in development and great income. One of a kind!

  • May, 2018

  • May 29, 2018

    Date

    Canceled

    CRMLS: 315011902

    --

    Price

  • Listing provided courtesy of CRMLS

    Vintage Spanish Style 1926 old world charm and character. 11,625 Sf lot total of 5300 SF in 4 large units. 2 large 2 bed and sitting room-1 bath 1400 sf and incredibly spacious two 2/1 bath units of 1180 sf and 4 detached garages. Hardwood floors, granite, art-deco tiles + coved ceiling. Upside in rents. Character & size may be a great owner occupy + rent the rest. Upgraded electric and heating.

  • May, 2017

  • May 19, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,340,000

    Price

Show More

Tax History for 1286 N Los Robles Ave

Assessed Value (2020): $1,166,000
Year Land Value Improved Value Assessed Value
2020 $699,600 $466,400 $1,166,000

Home Value Compared to the Market

This property vs the competition

1286 N Los Robles Ave sold on October 13, 2020 for 59.84% higher than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $376.7 per/sqft which puts the price per square foot 50.63% lower than the current median sale per square foot for the city of Pasadena.

About 1286 N Los Robles Ave

Detailed summary of property

1286 N Los Robles Ave is a fourplex that recently sold in Pasadena, CA 91104. This fourplex offered 7 bedrooms, 4 bathrooms, roughly 5,304 living square feet, and sits on an approximately 11,624 square foot lot. 1286 N Los Robles Ave was first listed on ArdentRealEstateGroup.com on July 30, 2020. The homeowner sold the property for $1,907,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 59.84% higher than the current median priced home. Local homes that are currently for sale include 4914 Mendota Ave, 4311 Eagle Rock Blvd and 5506 Valley Blvd. While the average home in Pasadena, CA is selling in 56 days, 1286 N Los Robles Ave has a days on market of 26 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 1286 N Los Robles Ave Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1286 N Los Robles Ave

Public county record property details
Beds
8
Baths
4
Year built
1926
Sq. Ft.
5,304
Lot Size
11,624
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5730-001-005

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,256,000
Median List Price/Sq.Ft.
$917
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$849
Total Inventory
23
Median Sale to List Price %
120.12%
Avg Days on Market
20
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (30%), Other (30%)

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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.