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1570 Locust St, Pasadena, CA 91106
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1570 Locust St Pasadena, CA 91106

$1,280,000 Sold Price as of 04/06/2023
  • 6 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,280,000 Sold Price as of 04/06/2023 Refinance Your Mortgage
Map preview of 1570 Locust St, Pasadena, CA 91106

Property Overview: 1570 Locust St Pasadena, CA has 6 bedrooms, 4 bathrooms, -- living square feet and 9,641 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***PRICE REDUCED***ATTENTION*** INVESTOR, DEVELOPER AND HOMEBUYER - 2 ON 1 ON LARGE 9641 SQFT LOT WITH ENDLESS POSSIBILITIES! Develop this large Multi Family lot with up to 4 units on this quiet tree-lined street and with mountain views or keep as it is with steady rental income! HOMEBUYERS - Live in one with rental income from second home. Newly renovated front home with roughly 1168 sq. ft., custom cabinets in kitchen and bathrooms with designer finishes. Cottage, front house is a 3 bed/2bath and completely redone. Back house is rented month to month, 1426 sf. 3 bed/2 ba. Both have private yards.

Listed by Evan Piritz | BRE #02022374 | Salas Properties
Last checked: 2 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 119

Home details

Lot Sq. Ft
9,641
HOA Dues
$0/mo
Year built
1890
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
220027127SD
City
Pasadena
County
Los Angeles
Time on Site
698 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Total Rent: --
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Actual Rent: $2,600
  • Total Rent: --
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: --
  • # of Beds: --
  • # of Baths: 0
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: --
  • # of Baths: 0
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $74,400
  • Net Operating Income: $70,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1570 Locust St

Interior Features
Cooling Information
  • No Cooling
  • None
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Partial
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5737007024
Location / Neighborhood
Location Information
  • Directions: CrossStreet: Sierra Bonita
View more facts & features

Local Pasadena Agent

Sale History for 1570 Locust St

Last sold for $1,280,000 on April 6th, 2023

  • May, 2024

  • May 1, 2024

    Date

    Expired

    CRMLS: TR23210150

    $4,200

    Price

  • Nov 12, 2023

    Date

    Active

    CRMLS: TR23210150

    $4,200

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 4 bedroom 3 bathroom single family house. There is one bedroom and one full bath downstairs. Huge living room but a tiny kitchen. However, stove, oven, hood, dishwasher..... fully equipped. Three small bedrooms and two bathrooms upstairs. Very convenience location closes to Colorado Blvd., PCC, Cal Tech, 100+ restaurants, 210 Freeway.

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: TR23155352

    $3,600

    Price

  • Aug 18, 2023

    Date

    Active

    CRMLS: TR23155352

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled Single Family Home in the great location of Pasadena. Very convenience location with 100+ restaurants and other shops nearby. Close to schools, banks, 210 freeway. There are two houses on a huge lot. The back house is not available. Only the front house for lease. Washer, Dryer and refrigerator are included.

  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: TR23058721

    $4,000

    Price

  • Apr 9, 2023

    Date

    Active

    CRMLS: TR23058721

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled Single Family Home in the great location of Pasadena. Very convenience location with 100+ restaurants and other shops nearby. Close to schools, banks, 210 freeway. There are two houses on a huge lot. The back house is occupied. Only the front house for lease. Washer, Dryer and refrigerator are included.

  • April, 2023

  • Apr 6, 2023

    Date

    Sold

    CRMLS: 220027127SD

    $1,280,000

    Price

  • Nov 4, 2022

    Date

    Active

    CRMLS: 220027127SD

    $1,598,000

    Price

  • March, 2023

  • Mar 15, 2023

    Date

    Canceled

    CRMLS: 220027519SD

    $1,399,500

    Price

  • Nov 5, 2022

    Date

    Active

    CRMLS: 220027519SD

    $1,598,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2020

  • Sep 22, 2020

    Date

    Canceled

    CRMLS: PW19269229

    $969,000

    Price

  • Apr 3, 2020

    Date

    Active

    CRMLS: PW19269229

    $969,000

    Price

  • Mar 16, 2020

    Date

    Pending

    CRMLS: PW19269229

    $969,000

    Price

  • Nov 27, 2019

    Date

    Active

    CRMLS: PW19269229

    $969,000

    Price

  • Listing provided courtesy of CRMLS

    2 units located in prime downtown Pasadena. The property is on an ex-large 9641 square foot lot, which includes a vacant lot in the rear of property(approx.-1457 sq ft), potential zoning for an additional unit, and or an expansion of the rear unit, huge upside opportunity for additional income. Front unit is a single- family residence with 3 bed 2 bath, washer and dryer hook-ups, private fenced grass backed yard, plenty of parking with long term tenants that would like to stay, with new owners. The rear unit is in great shape and consists of a 3 bed, 2 bath, 2 story, private fenced grass yard. The property offers plenty of off-street parking, along with RV access. Currently rents are below market value, huge upside potential. Buyers to verify all information, complete due-diligence, check with city regarding development, use, overall condition, potential rents, zoning and sq ft, overall condition. Property is sold As-is. Please do not disturb tenants, please contact listing broker with any question. Great investment opportunity. Have a great day.

  • August, 2019

  • Aug 21, 2019

    Date

    Canceled

    CRMLS: PW18255368

    $1,095,000

    Price

  • Apr 2, 2019

    Date

    Active

    CRMLS: PW18255368

    $1,095,000

    Price

  • Mar 25, 2019

    Date

    Hold

    CRMLS: PW18255368

    $1,095,000

    Price

  • Nov 15, 2018

    Date

    Active

    CRMLS: PW18255368

    $1,095,000

    Price

  • Nov 14, 2018

    Date

    Withdrawn

    CRMLS: PW18255368

    $1,095,000

    Price

  • Oct 29, 2018

    Date

    Active

    CRMLS: PW18255368

    $1,095,000

    Price

  • Listing provided courtesy of CRMLS

    2 separate units in prime Pasadena location. Property is on an ex-large 9641 square foot lot. This includes a vacant lot in rear of property (1457 sq ft), zoning allows for an additional unit to be built or addition to rear unit. Front unit is a single-family residence with 3 bed 2 bath, washer and dryer hook ups, private fenced back yard, long-term tenant that would like to stay. Front unit is in need of some cosmetic repairs and updates. The back two story unit is in great shape and consists of a 3 bed, 2 bath, large private fenced rear yard. The property offers plenty of off street parking. Great investment opportunity. Both units are on a month-to-month. Currently below market rents, with Cosmetic improvements rents could be raised to market. Seller is completing a 1031 exchange at no cost to Buyers. BUYER TO VERIFY ALL INFORMATION, TO DO DUE DILIGENCE, CHECK WITH CITY REGARDING DEVELOPMENT, USE, OVERALL CONDITION, ZONING AND SQFT. PROPERTY IS SOLD "AS IS", PLEASE DO NOT DISTURB THE TENANTS, ANY QUESTION, PLEASE CALL LISTING AGENT. Have a great day.

  • December, 2000

  • Dec 29, 2000

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

  • August, 1993

  • Aug 24, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1570 Locust St

Assessed Value (2020): $344,438
Year Land Value Improved Value Assessed Value
2020 $234,221 $110,217 $344,438

Home Value Compared to the Market

This property vs the competition

1570 Locust St sold on April 6, 2023 for 16.62% higher than the current median sold price for the city of Pasadena which is $1,200,000.

About 1570 Locust St

Detailed summary of property

1570 Locust St is a multi family that recently sold in Pasadena, CA 91106. This multi family property offered 6 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 9,641 square foot lot. 1570 Locust St was first listed on ArdentRealEstateGroup.com on October 31, 2022. The homeowner sold the property for $1,280,000. Home in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 16.62% higher than the current median priced home. Local homes that are currently for sale include 186 Carlton Ave, 1758 Lincoln Ave and 5211 Huntington Dr. While the average home in Pasadena, CA is selling in 59 days, 1570 Locust St has a days on market of 119 days. There are currently 326 homes for sale in the Pasadena real estate market and 172 of them are single family homes while 118 of them are condos and 36 are townhomes. For more information on this home for sale at 1570 Locust 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 1570 Locust St

Public county record property details
Beds
4
Baths
3
Year built
1890
Sq. Ft.
2,331
Lot Size
8,183
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
73
APN
5737-007-024

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
$968,000
Median List Price/Sq.Ft.
$716
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
62
Median Sale to List Price %
100%
Avg Days on Market
29
Loan Type
Conventional (27.27%), FHA (0%), VA (0%), Cash (50%), Other (18.18%)

Thinking of Selling?

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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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