1429 N Altadena Dr, Pasadena, CA 91107
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1429 N Altadena Dr Pasadena, CA 91107

$1,900,000
  • 6 Beds
  • 5 Baths
  • 3,353 Sq.Ft.
For Sale
$1,900,000 Get Pre-Qualified

Map preview of 1429 N Altadena Dr, Pasadena, CA 91107

Property Overview: 1429 N Altadena Dr Pasadena, CA has 6 bedrooms, 5 bathrooms, 3,353 living square feet and 6,004 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: 1429 N Altadena Drive is a quintessential 5-unit apartment building nestled in the heart of Pasadena. Constructed in 1950, this charming property showcases a distinctive unit mix, featuring (1) spacious two-bedroom, one-bath unit and (4) cozy one-bedroom, one-bathroom units. Meticulously maintained over the years, the property exudes a timeless appeal and offers ample amenities for residents. In addition to convenient street parking available in the front, the property also provides five garages situated at the rear, ensuring residents' comfort and convenience. With its prime location and well-appointed features, 1429 N Altadena Drive presents an exceptional opportunity for both investors and tenants alike.

Listed by Daniel Withers | BRE #01325901 | Matthews Real Estate Investment Services
Last checked: 1 minute ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 67
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Home details

Lot Sq. Ft
6,004
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24366789
City
Pasadena
County
Los Angeles
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,145
  • Total Rent: $2,145
  • Pro Forma/Market Rent: $2,145
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,863
  • Total Rent: $7,450
  • Pro Forma/Market Rent: $7,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.37
  • Gross Scheduled Income: --
  • Net Operating Income: $70,931
  • Gross Operating Income: $111,686
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1429 N Altadena Dr

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 5
  • Parcel Number: 5853021010
  • Year Built Source: Other
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of E Washington Blvd; South of Garfias Dr
View more facts & features

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Sale History for 1429 N Altadena Dr

Last leased for $1,750 on February 25th, 2020
  • February, 2024

  • Feb 13, 2024

    Date

    Active

    CRMLS: 24366789

    $1,900,000

    Price

  • February, 2020

  • Feb 25, 2020

    Date

    Leased

    CRMLS: AR20015817

    $1,750

    Price

  • Feb 22, 2020

    Date

    Hold

    CRMLS: AR20015817

    $1,750

    Price

  • Jan 23, 2020

    Date

    Active

    CRMLS: AR20015817

    $1,750

    Price

  • Listing provided courtesy of CRMLS

    1 bedroom/1 bathroom newly remodeled apartment in 5 unit building. Quiet unit on second floor with amazing view of the Foothills. The property was remodeled with new an updated kitchen, new hardwood floors, and plenty of cabinets. Common area for outdoor use, there is a laundry facility on site, and the property comes with a one car garage. Gas stove and refrigerator included. The home also features central heating and air, new windows, is close to Eaton Canyon, easy access to public transportation, and near lots of good food and amazing restaurants & stores. With too many amenities to mention don't miss this opportunity to call this place "Home."

  • July, 2019

  • Jul 8, 2019

    Date

    Expired

    CRMLS: AR19078232

    $1,700

    Price

  • May 9, 2019

    Date

    Withdrawn

    CRMLS: AR19078232

    $1,700

    Price

  • May 7, 2019

    Date

    Hold

    CRMLS: AR19078232

    $1,700

    Price

  • Apr 21, 2019

    Date

    Price Change

    CRMLS: AR19078232

    $1,700

    Price

  • Apr 8, 2019

    Date

    Active

    CRMLS: AR19078232

    $1,750

    Price

  • Listing provided courtesy of CRMLS

    1 bedroom/1 bathroom newly remodeled apartment in 5 unit building. Quiet unit on second floor with amazing view of the Foothills. The property was remodeled with new an updated kitchen, new hardwood floors, and plenty of cabinets. Common area for outdoor use, there is a laundry facility on site, and the property comes with a one car garage. Gas stove and refrigerator included. The home also features central heating and air, new windows, is close to Eaton Canyon, easy access to public transportation, and near lots of good food and amazing restaurants & stores. With too many amenities to mention don't miss this opportunity to call this place "YOUR HOME."

  • August, 2007

  • Aug 27, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2004

  • Dec 20, 2004

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

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Tax History for 1429 N Altadena Dr

Assessed Value (2020): $1,020,296
Year Land Value Improved Value Assessed Value
2020 $458,835 $561,461 $1,020,296

Home Value Compared to the Market

This property vs the competition

1429 N Altadena Dr is listed 58.47% 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 $796 and this home is listed at $566.66 per/sqft which puts the price per square foot 28.81% lower than the median price per square foot for the city of Pasadena.

About 1429 N Altadena Dr

Detailed summary of property

1429 N Altadena Dr is a multi family located in Pasadena, CA 91107 and is currently for sale. This multi family property offers 6 bedrooms, 5 bathrooms, roughly 3,353 living square feet, and sits on an approximately 6,004 square foot lot. 1429 N Altadena Dr was first listed on ArdentRealEstateGroup.com on March 9, 2024. The homeowner is currently asking $1,900,000. The median priced home in Pasadena is $1,199,000 with a median price per square foot of $796. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 58.47% higher than the median priced home. Local competing homes currently for sale include 1798 N Summit Ave, 6538 Meridian St and 5231 Loleta Ave. While the average home in Pasadena, CA is selling in 55 days, 1429 N Altadena Dr has a days on market of 67 days. There are currently 259 homes for sale in the Pasadena real estate market and 153 of them are single family homes while 83 of them are condos and 23 are townhomes. For more information on this home for sale at 1429 N Altadena Dr Pasadena, CA 91107 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1429 N Altadena Dr

Public county record property details
Beds
6
Baths
5
Year built
1950
Sq. Ft.
3,353
Lot Size
6,002
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5853-021-010

The source for these homes facts are from public records.

91107 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,350,000
Median List Price/Sq.Ft.
$752
Median Sold Price
$1,325,000
Median Sold Price/Sq.Ft.
$778
Total Inventory
61
Median Sale to List Price %
110.42%
Avg Days on Market
41
Loan Type
Conventional (26.32%), FHA (0%), VA (0%), Cash (36.84%), Other (26.32%)

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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.