2616 E Colorado Blvd Pasadena, CA 91107

$1,750,000 Sold Price as of 07/12/2017

-- Beds
-- Baths
3,300 Sq.Ft.

Off Market

$1,750,000 Sold Price as of 07/12/2017 Refinance Your Mortgage

Map preview of 2616 E Colorado Blvd, Pasadena, CA 91107

Property Overview: 2616 E Colorado Blvd Pasadena, CA has -- bedrooms, -- bathrooms, 3,300 living square feet and 8,249 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2616 E Colorado Blvd is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $756. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2616 E Colorado Blvd

Last sold for $1,750,000 on July 12th, 2017

June, 2022
Jun 26, 2022

Date

Expired

CRMLS: WS22056788

$55,000

Price
Mar 23, 2022

Date

Active

CRMLS: WS22056788

$80,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity! This is indeed an excellent chance for anyone wishing to purchase a restaurant that has been open and operating for the past 15 years and earns a substantial income. Famous Shish Kabob is a Mediterranean restaurant in Pasadena, California. Sensational Middle Eastern cuisine is expertly crafted to bring the flavors and aromas of ancient Persia. Well-known for its halal meat kabobs & falafel. The restaurant has a completely refurbished storefront & interior, a parking lot in the rear with storefront parking on the street, a prep kitchen inside, a large hood with space to add another grill, lots of new kitchen equipment & Clover POS system. There are a lot of catering orders, as well as take-out and dine-in clients, at the restaurant. Local flyer distributions and social media have been a successful formula for business growth. The owner will train the buyer to operate & continue to grow & generate even more income. All information deemed reliable but not guaranteed.

Continue Reading
March, 2022
Mar 23, 2022

Date

Active

CRMLS: WS22056781

$80,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity! This is indeed an excellent chance for anyone wishing to purchase a restaurant that has been open and operating for the past 15 years and earns a substantial income. Famous Shish Kabob is a Mediterranean restaurant in Pasadena, California. Sensational Middle Eastern cuisine is expertly crafted to bring the flavors and aromas of ancient Persia. Well-known for its halal meat kabobs & falafel. The restaurant has a completely refurbished storefront & interior, a parking lot in the rear with storefront parking on the street, a prep kitchen inside, a large hood with space to add another grill, lots of new kitchen equipment & Clover POS system. There are a lot of catering orders, as well as take-out and dine-in clients, at the restaurant. Local flyer distributions and social media have been a successful formula for business growth. The owner will train the buyer to operate & continue to grow & generate even more income. All information deemed reliable but not guaranteed.

Continue Reading
July, 2017
Jul 12, 2017

Date

Sold (Public Records)

Public Records

$1,750,000

Price
June, 2007
Jun 28, 2007

Date

Sold (Public Records)

Public Records

$1,500,000

Price

Tax History for 2616 E Colorado Blvd

Assessed Value (2020): $1,820,700

Year	Land Value	Improved Value	Assessed Value
2020	$1,196,460	$624,240	$1,820,700

About 2616 E Colorado Blvd

Detailed summary of property

2616 E Colorado Blvd is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Pasadena, CA 91107 and last sold on July 12, 2017 for $1,750,000. This property has -- bedrooms, -- bathrooms, roughly 3,300 living square feet, and sits on an approximately 8,249 square foot lot. Homes 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 45.83% higher than the current median priced home. 2616 E Colorado Blvd was last sold on July 12, 2017 for $1,750,000. Local nearby listings include 322 S Grand Oaks Ave, 67 S Craig Ave #3 and 67 S Craig Ave #4. The average home in Pasadena, CA is selling in 57 days. There are currently 334 homes for sale in the Pasadena real estate market and 175 of them are single family homes while 122 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 2616 E Colorado Blvd Pasadena, CA 91107 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 2616 E Colorado Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1922
Sq. Ft.: 3,300
Lot Size: 8,249
Stories: 1

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5748-011-008

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

$1,349,000

Median List Price/Sq.Ft.

$747

Median Sold Price

$1,320,000

Median Sold Price/Sq.Ft.

$707

Total Inventory

Median Sale to List Price %

105.6%

Avg Days on Market

Loan Type

Conventional (48.15%), FHA (0%), VA (3.7%), Cash (25.93%), Other (14.81%)

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(714) 706-1823

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