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1940 Navarro Ave Pasadena, CA 91103

$1,030,000 Sold Price as of 09/28/2023

3 Beds
2 Baths
1,674 Sq.Ft.

Sold

$1,030,000 Sold Price as of 09/28/2023 Refinance Your Mortgage

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Map preview of 1940 Navarro Ave, Pasadena, CA 91103

Property Overview: 1940 Navarro Ave Pasadena, CA has 3 bedrooms, 2 bathrooms, 1,674 living square feet and 9,997 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON MARKET!!! An opportunity of a lifetime. This adorable duplex sits in the heart of Pasadena. Minutes away from downtown Pasadena. Close enough to the freeway for easy access yet far enough away to enjoy the peace and quiet. This adorable upgraded duplex has everything you may need. A quiet and quaint neighborhood on a tree lines street. 2 separate stand alone buildings. Upgraded pictures, utilities, roof and more. 1942 Navarro Rd Pasadena ca is a 2 bedroom 1 bathroom home with upgraded flooring a wide open floor plan, a recently upgraded kitchen and a peaceful home to enjoy while you make your residual income renting out the back unit. 1940 Navarro Rd Pasadena ca offers you a detached 1 bedroom 1 bathroom with upgraded flooring, a flowing floor plan, a recently upgraded kitchen and each unit has its very own laundry room. Both detached units can enjoy their independence and the expansive lot where you can hang around with your family and friends. The lot has plenty of space to add value by extending the quarters or to add additional units to increase revenue. This home is priced to sell and will go quick. Come and take a look at this adorable piece of art before it flies off the market. First open house is 1-4 Thursday 3/30/23

Listed by Christopher Arrieta | BRE #01876203 | Kase Real Estate

Last checked: 32 seconds ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft: 9,997
HOA Dues: $0/mo
Year built: 1916
Garage: --
Property Type:: Duplex

Status: Sold
MLS#: PW23046892
City: Pasadena
County: Los Angeles
Time on Site: 414 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,500
Total Rent: $18,000
Pro Forma/Market Rent: $3,500

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,500
Total Rent: $18,000
Pro Forma/Market Rent: $2,300

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $60,000
Net Operating Income: $57,459
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $2,541
Electric: $0
Gas/Fuel: $0
Trash: $550
Gardener: $1,400
Insurance: $1,481
Water/Sewer: $550

Property Details for 1940 Navarro Ave

Interior Features

Laundry Information

Has Laundry
Individual Room

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 4

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 5836013006
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: 210 exit Lincoln head north, right on Idaho, left on glen, right on Tremont, left on Navarro Ave, 300 ft on right side

Neighborhood Information

Community Features: Biking, Curbs, Foothills, Mountainous, Sidewalks, Storm Drains, Street Lights

View more facts & features

Local Pasadena Agent

Sale History for 1940 Navarro Ave

Last sold for $1,030,000 on September 28th, 2023

September, 2023
Sep 28, 2023

Date

Sold

CRMLS: PW23046892

$1,030,000

Price
Mar 25, 2023

Date

Active

CRMLS: PW23046892

$899,999

Price
September, 2023
Sep 28, 2023

Date

Sold

CRMLS: PW23047624

$1,030,000

Price
Mar 25, 2023

Date

Active

CRMLS: PW23047624

$899,999

Price
Listing provided courtesy of CRMLS

BACK ON. MARKET! An opportunity of a lifetime. This adorable duplex sits in the heart of Pasadena. Minutes away from downtown Pasadena on a beautiful tree lined street! Close enough to the freeway for easy access yet far enough away to enjoy the peace and quiet. This adorable upgraded duplex has everything you may need. A quiet and quaint neighborhood on a tree lines street. 2 separate stand alone buildings. Upgraded pictures, utilities, roof and more. 1942 Navarro Rd Pasadena ca is a 2 bedroom 1 bathroom home with upgraded flooring a wide open floor plan, a recently upgraded kitchen and a peaceful home to enjoy while you make your residual income renting out the back unit. 1940 Navarro Rd Pasadena ca offers you a detached 1 bedroom 1 bathroom with upgraded flooring, a flowing floor plan, a recently upgraded kitchen and each unit has its very own laundry room. Both detached units can enjoy their independence and the expansive lot where you can hang around with your family and friends. The lot has plenty of space to add value by extending the quarters or to add additional units to increase revenue. This home is priced to sell and will go quick. Come and take a look at this adorable piece of art before it flies off the market. First showings during open house Thursday 3/30/2023 1-4

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Tax History for 1940 Navarro Ave

Assessed Value (2020): $35,605

Year	Land Value	Improved Value	Assessed Value
2020	$10,058	$25,547	$35,605

Home Value Compared to the Market

This property vs the competition

1940 Navarro Ave sold on September 28, 2023 for 28% lower 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 $537.63 per/sqft which puts the price per square foot 29.54% lower than the current median sale per square foot for the city of Pasadena.

About 1940 Navarro Ave

Detailed summary of property

1940 Navarro Ave is a duplex that recently sold in Pasadena, CA 91103. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,674 living square feet, and sits on an approximately 9,997 square foot lot. 1940 Navarro Ave was first listed on ArdentRealEstateGroup.com on March 22, 2023. The homeowner sold the property for $1,030,000. 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 28% lower than the current median priced home. Local homes that are currently for sale include 4620 Verdugo, 3611 El Sereno Ave and 3945 York Blvd. While the average home in Pasadena, CA is selling in 56 days, 1940 Navarro Ave has a days on market of 23 days. There are currently 267 homes for sale in the Pasadena real estate market and 158 of them are single family homes while 80 of them are condos and 29 are townhomes. For more information on this home for sale at 1940 Navarro 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 1940 Navarro Ave

Public county record property details

Beds: 3
Baths: 2
Year built: 1916
Sq. Ft.: 1,674
Lot Size: 9,996
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 5836-013-006

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.

$792

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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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.