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154 N Mar Vista Ave, Pasadena, CA 91106
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154 N Mar Vista Ave Pasadena, CA 91106

$1,500,000 Sold Price as of 11/15/2021
  • 3 Beds
  • 3 Baths
  • 10,044 Sq.Ft.
Sold
$1,500,000 Sold Price as of 11/15/2021 Refinance Your Mortgage
Map preview of 154 N Mar Vista Ave, Pasadena, CA 91106

Property Overview: 154 N Mar Vista Ave Pasadena, CA has 3 bedrooms, 3 bathrooms, 10,044 living square feet and 8,824 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Calling all builders! Looking for a new project? 154 N. Mar Vista is an RTI opportunity to build 6 gorgeous new condos/apartments, averaging 1600 sq.ft each.(1528-2118 sq.ft each) The plans call for over 10,000 sq.ft of living space to be built. This is a premium location near Old Town Pasadena and Lake District shopping. Future condo buyers will love the tree lined street, and the secure subterranean parking garage with personal storage for each unit. These high class living spaces were designed with today's buyers in mind, with high ceilings, and spacious living spaces. Have a look at the plans, and start getting excited about bringing this magnificent new building to life. Why bother starting from scratch, which could take you 8 or 9 years to obtain a building permit.(that's how long it's taken!) With this opportunity, you could close escrow and be building immediately. Currently there is a 3 unit tear-down apartment building of 2024 sq.ft, which can be vacated prior to close of escrow, please do not disturb occupants, or walk the lot without an appointment.

Listed by Michael Bojorquez | BRE #01273181 | Coldwell Banker Realty
Last checked: 48 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
8,824
HOA Dues
$0/mo
Year built
2022
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21042830
City
Pasadena
County
Los Angeles
Time on Site
1173 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $4,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,000
  • Electric: $1,200
  • Gas/Fuel: $1,200
  • New Taxes: $15,000
  • Trash: $500
  • Insurance: $1,500
  • Water/Sewer: $1,200

Property Details for 154 N Mar Vista Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 3
  • Parcel Number: 5738014001
  • Year Built Source: See Remarks
  • Architectural Style: Cottage
  • Foundation Details: See Remarks
  • Property is Attached
  • Property Condition: Building Permit, Fixer, Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: East of Lake, between Walnut and Union
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Foothills, Urban
View more facts & features

Local Pasadena Agent

Sale History for 154 N Mar Vista Ave

Last sold for $1,500,000 on November 15th, 2021

  • November, 2021

  • Nov 15, 2021

    Date

    Sold

    CRMLS: OC21042706

    $1,500,000

    Price

  • Sep 2, 2021

    Date

    Active

    CRMLS: OC21042706

    $1,650,000

    Price

  • Mar 30, 2021

    Date

    Withdrawn

    CRMLS: OC21042706

    $1,650,000

    Price

  • Mar 25, 2021

    Date

    Price Change

    CRMLS: OC21042706

    $1,650,000

    Price

  • Mar 25, 2021

    Date

    Price Change

    CRMLS: OC21042706

    $1,900,000

    Price

  • Mar 1, 2021

    Date

    Active

    CRMLS: OC21042706

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2021

  • Nov 15, 2021

    Date

    Sold

    CRMLS: OC21042830

    $1,500,000

    Price

  • Sep 2, 2021

    Date

    Active

    CRMLS: OC21042830

    $1,650,000

    Price

  • Mar 30, 2021

    Date

    Withdrawn

    CRMLS: OC21042830

    $1,650,000

    Price

  • Mar 25, 2021

    Date

    Price Change

    CRMLS: OC21042830

    $1,650,000

    Price

  • Mar 25, 2021

    Date

    Price Change

    CRMLS: OC21042830

    $1,900,000

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: OC21042830

    $1,650,000

    Price

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: OC20009348

    $1,800,000

    Price

  • Jul 12, 2020

    Date

    Price Change

    CRMLS: OC20009348

    $1,800,000

    Price

  • Jan 14, 2020

    Date

    Active

    CRMLS: OC20009348

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    Bring all offers on this development project in a fantastic area of Pasadena, near old town, and close to Lake Avenue shopping district. Previously approved plans have been resubmitted with updated corrections from city planning department, and buyer can make offer subject to final approval, or buy as-is. Save yourself years of processing plans, and buy this turn-key builder package consisting of 6 spacious condo style homes, averaging 1600+- sq.ft each. Plans available to review upon request. Existing 3 unit complex remains occupied, and generates cash flow while awaiting final permits. Value is in the land, and the entitlement costs.

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: OC20009377

    $1,800,000

    Price

  • Jul 12, 2020

    Date

    Price Change

    CRMLS: OC20009377

    $1,800,000

    Price

  • Jan 14, 2020

    Date

    Active

    CRMLS: OC20009377

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    Bring all offers on this development project in a fantastic area of Pasadena, near old town, and close to Lake Avenue shopping district. Previously approved plans have been resubmitted with updated corrections from city planning department, and buyer can make offer subject to final approval, or buy as-is. Save yourself years of processing plans, and buy this turn-key builder package consisting of 6 spacious condo style homes, averaging 1600+- sq.ft each. Plans available to review upon request. Existing 3 unit complex remains occupied, and generates cash flow while awaiting final permits. Value is in the land, and the entitlement costs.

  • March, 2015

  • Mar 18, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2014

  • Mar 4, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

Show More

Tax History for 154 N Mar Vista Ave

Assessed Value (2020): $1,176,935
Year Land Value Improved Value Assessed Value
2020 $1,120,893 $56,042 $1,176,935

Home Value Compared to the Market

This property vs the competition

154 N Mar Vista Ave sold on November 15, 2021 for 32% 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 $164.28 per/sqft which puts the price per square foot 78.47% lower than the current median sale per square foot for the city of Pasadena.

About 154 N Mar Vista Ave

Detailed summary of property

154 N Mar Vista Ave is a multi family that recently sold in Pasadena, CA 91106. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 10,044 living square feet, and sits on an approximately 8,824 square foot lot. 154 N Mar Vista Ave was first listed on ArdentRealEstateGroup.com on March 2, 2021. The homeowner sold the property for $1,500,000. 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 32% higher than the current median priced home. Local homes that are currently for sale include 6538 Meridian St, 508 Chestnut Ave and 718 N Ave 65. While the average home in Pasadena, CA is selling in 51 days, 154 N Mar Vista Ave has a days on market of 72 days. There are currently 278 homes for sale in the Pasadena real estate market and 169 of them are single family homes while 83 of them are condos and 26 are townhomes. For more information on this home for sale at 154 N Mar Vista Ave Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 154 N Mar Vista Ave

Public county record property details
Beds
2
Baths
1
Year built
1924
Sq. Ft.
2,024
Lot Size
8,784
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10-11
APN
5738-014-001

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
$1,350,000
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%)

Thinking of Selling?

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(714) 706-1823

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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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