1422 El Sereno Ave Pasadena, CA 91103

$--

12 Beds
6 Baths
6,068 Sq.Ft.

Off Market

Property Overview: 1422 El Sereno Ave Pasadena, CA has 12 bedrooms, 6 bathrooms, 6,068 living square feet and 10,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1422 El Sereno Ave is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,198,000. The median price per/sqft for Pasadena is $798. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $239,600 for the down payment and will need roughly $23,960 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $62,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1422 El Sereno Ave

Last sold on June 10th, 2013

October, 2023
Oct 1, 2023

Date

Expired

CRMLS: TR23113447

$2,400,000

Price
Jun 26, 2023

Date

Active

CRMLS: TR23113447

$2,400,000

Price
Listing provided courtesy of CRMLS

With a steady and reliable rental stream, the fully-leased 1422 El Sereno is ideal for investors looking to maximize income producing potential. Despite all units renting at near average market value, only one of six units is commanding top dollar for its recent updates. Although none of the units (~1011 sf/unit) are dilapidated, updates can still be applied to boost rental income. The community laundry room contains washer & dryer hook-ups but is currently being used as a storage room. Implementation of RUBS and laundry will further expand income production. The property provides at least 11 assigned on-site parking spaces. Street parking is also readily available. Recent updates include a newer community water heater and security gate. Located near the 210, Art Center, Rose Bowl Stadium, Arroyo Seco and much much more, 1422 El Sereno presents a golden opportunity to enter a competitive Pasadena market without substantial tenant pool & vacancy concerns.

Continue Reading
June, 2013
Jun 10, 2013

Date

Sold (Public Records)

Public Records

--

Price
May, 2013
May 14, 2013

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1422 El Sereno Ave

Assessed Value (2020): $1,115,320

Year	Land Value	Improved Value	Assessed Value
2020	$551,730	$563,590	$1,115,320

About 1422 El Sereno Ave

Detailed summary of property

1422 El Sereno Ave is categorized with a use code of Apartment House (5+ Units) in Pasadena, CA 91103 and is currently off market. This property has 12 bedrooms, 6 bathrooms, roughly 6,068 living square feet, and sits on an approximately 10,000 square foot lot. Homes in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Local nearby listings include 39 S Los Robles #5007, 840 E Green St #127 and 2711 Lambert Dr. The average home in Pasadena, CA is selling in 57 days. There are currently 261 homes for sale in the Pasadena real estate market and 154 of them are single family homes while 82 of them are condos and 25 are townhomes. If you are the homeowner and looking to sell the home at 1422 El Sereno Ave Pasadena, CA 91103 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1422 El Sereno Ave

Public county record property details

Beds: 12
Baths: 6
Year built: 1962
Sq. Ft.: 6,068
Lot Size: 10,000
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 23
APN: 5728-015-050

The source for these homes facts are from public records.

91103 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,129,000

Median List Price/Sq.Ft.

$744

Median Sold Price

$1,129,000

Median Sold Price/Sq.Ft.

$776

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (26.67%), FHA (0%), VA (0%), Cash (33.33%), Other (26.67%)

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(714) 706-1823

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