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

$2,950,000
  • 9 Beds
  • 12 Baths
  • 7,556 Sq.Ft.
For Sale
$2,950,000 Get Pre-Qualified
Map preview of 174 N Mar Vista Ave, Pasadena, CA 91106

Property Overview: 174 N Mar Vista Ave Pasadena, CA has 9 bedrooms, 12 bathrooms, 7,556 living square feet and 11,248 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: 174 N Mar Vista Ave, constructed in 1963, boasts upgraded units with private patio areas and balconies, with an estimated 35% rental income upside. Property can be purchased individually or in a package with 151 N Wilson (10 units) and/or 113 N Grand Oaks (8 units).

Listed by Mark Ventre | BRE #01811490 | Kidder Mathews of California, Inc.
Last checked: 14 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 22
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Home details

Lot Sq. Ft
11,248
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24378431
City
Pasadena
County
Los Angeles
Time on Site
24 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,284
  • Total Rent: $3,853
  • Pro Forma/Market Rent: $4,950
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,543
  • Total Rent: $13,805
  • Pro Forma/Market Rent: $18,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.19%
  • Gross Rent Multiplier: 13.91
  • Gross Scheduled Income: --
  • Net Operating Income: $123,724
  • Gross Operating Income: $212,038
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 174 N Mar Vista Ave

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Property Details for 174 N Mar Vista Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Gas Cooktop, Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 12
  • Parcel Number: 5738014009
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just four blocks east of major intersection N Lake and Walnut.
View more facts & features

Local Pasadena Agent

Sale History for 174 N Mar Vista Ave

Last sold on November 4th, 1992

  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: 24378431

    $2,950,000

    Price

  • November, 1992

  • Nov 4, 1992

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 1976

  • Sep 20, 1976

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 174 N Mar Vista Ave

Assessed Value (2020): $317,693
Year Land Value Improved Value Assessed Value
2020 $77,765 $239,928 $317,693

Home Value Compared to the Market

This property vs the competition

174 N Mar Vista Ave is listed 146.24% higher than the median list price for the city of Pasadena which has a median list price of $1,198,000. The median price per/sqft for Pasadena is $798 and this home is listed at $390.42 per/sqft which puts the price per square foot 51.08% lower than the median price per square foot for the city of Pasadena.

About 174 N Mar Vista Ave

Detailed summary of property

174 N Mar Vista Ave is a multi family located in Pasadena, CA 91106 and is currently for sale. This multi family property offers 9 bedrooms, 12 bathrooms, roughly 7,556 living square feet, and sits on an approximately 11,248 square foot lot. 174 N Mar Vista Ave was first listed on ArdentRealEstateGroup.com on April 10, 2024. The homeowner is currently asking $2,950,000. The median priced home in Pasadena is $1,198,000 with a median price per square foot of $798. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 146.24% higher than the median priced home. Local competing homes currently for sale include 2342 Cove Ave, 1325 Douglas St and 3623 Monon St. While the average home in Pasadena, CA is selling in 57 days, 174 N Mar Vista Ave has a days on market of 22 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. For more information on this home for sale at 174 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 174 N Mar Vista Ave

Public county record property details
Beds
9
Baths
12
Year built
1963
Sq. Ft.
7,556
Lot Size
11,244
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
20,21
APN
5738-014-009

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
$1,288,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
44
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%)

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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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