290 Lola Ave, Pasadena, CA 91107
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290 Lola Ave Pasadena, CA 91107

$1,350,000 Sold Price as of 08/09/2019
  • 6 Beds
  • 6 Baths
  • 2,420 Sq.Ft.
Sold
$1,350,000 Sold Price as of 08/09/2019 Refinance Your Mortgage

Map preview of 290 Lola Ave, Pasadena, CA 91107

Property Overview: 290 Lola Ave Pasadena, CA has 6 bedrooms, 6 bathrooms, 2,420 living square feet and 6,520 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this Brand New Construction Duplex (2 Units) located in City of Pasadena. Each unit features open floor plan providing 3 bedrooms 2.5 bathrooms total of 1,210 square foot on a 3,440 lot. Total of 2 units on the lot with separate entrance, and it's own yard, and garage. It has to sell 2 units together. You may live in one unit, and rent it out another unit or as investment property. Brand new laminated wood flooring and recessed lighting throughout the house. Kitchen has a quartz counter tops and abundant storage and cabinet space. There is an attached 2 car garage with automatic garage door opener. Washer / Dryer hook-ups are in the garage and they have their own hot water heater. New air-conditioning unit for those hot summer days. This is the most desirable brand new single-family house in Pasadena. Only one garage wall is attached to another house. The house is about five minutes to Pasadena City College, 10 minutes to Old Town of Pasadena and Gold Line Metro Line station. Very easy to access to I-210 Freeway. Plenty of great restaurants and supermarkets on Colorado Blvd. There is no HOA.

Listed by CHIEN-JING HSIAO | BRE #01766870 | MGR REAL ESTATE, INC.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,520
HOA Dues
$0/mo
Year built
2019
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
CV19114524
City
Pasadena
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: 17.7
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $58,536
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,264
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $17,000
  • Trash: $0
  • Insurance: $1,800
  • Water/Sewer: $0

Property Details for 290 Lola Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Up
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Security Lights
Exterior Features
Exterior Information
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway Level, Garage - Two Door
Lot Information
  • Lot Features: Paved, Sprinklers Timer
  • Lot Size Source: Builder
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5746019022
  • Year Built Source: Builder
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Between White St, and Lola Ave.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 290 Lola Ave

Last sold for $1,350,000 on August 9th, 2019
  • May, 2020

  • May 8, 2020

    Date

    Expired

    CRMLS: 20556342

    $3,595

    Price

  • Apr 13, 2020

    Date

    Withdrawn

    CRMLS: 20556342

    $3,595

    Price

  • Mar 6, 2020

    Date

    Price Change

    CRMLS: 20556342

    $3,595

    Price

  • Feb 20, 2020

    Date

    Active

    CRMLS: 20556342

    $3,650

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous, Light Filled 3 Bed 2.5 Bath Home - Covered entryway leads into a spacious open floor plan with large living room, dining room. Kitchen includes stainless appliance suite (Refrigerator, Stove, Microwave/Range hood) and copious cabinet space, along with easy access to attached garage. First level also includes guest 1/2 bath. Stylish staircase leads to the second level with 2 cozy bedrooms - nice closet space and a shared full bath along with Master Suite (3rd Bedroom) featuring attached full bath. Central HVAC / 2 Car Garage / Laundry Hook-UpsExterior features architectural auto and pedestrian gates and drought tolerant landscaping with drip irrigation. The location is amazing about five minutes to Pasadena City College, 10 minutes to Old Town of Pasadena and Gold Line Metro Line station. Very easy to access to I-210 Freeway. Plenty of great restaurants and supermarkets on Colorado Blvd. One year lease. Tenant pays all utilities. Small pet ok w $500 deposit

  • August, 2019

  • Aug 9, 2019

    Date

    Sold

    CRMLS: CV19114524

    $1,350,000

    Price

  • Aug 6, 2019

    Date

    Pending

    CRMLS: CV19114524

    $1,360,000

    Price

  • Jun 8, 2019

    Date

    Active Under Contract

    CRMLS: CV19114524

    $1,360,000

    Price

  • May 16, 2019

    Date

    Active

    CRMLS: CV19114524

    $1,360,000

    Price

  • August, 2019

  • Aug 9, 2019

    Date

    Sold

    CRMLS: CV19092854

    $1,350,000

    Price

  • Aug 6, 2019

    Date

    Pending

    CRMLS: CV19092854

    $1,360,000

    Price

  • Jun 8, 2019

    Date

    Active Under Contract

    CRMLS: CV19092854

    $1,360,000

    Price

  • May 16, 2019

    Date

    Price Change

    CRMLS: CV19092854

    $1,360,000

    Price

  • Apr 24, 2019

    Date

    Active

    CRMLS: CV19092854

    $749,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2019

  • Aug 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

  • May, 2019

  • May 16, 2019

    Date

    Canceled

    CRMLS: CV19092875

    $749,000

    Price

  • Apr 24, 2019

    Date

    Active

    CRMLS: CV19092875

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this Brand New Construction single family residence located in City of Pasadena. The house features open floor plan providing 3 bedrooms 2.5 bathrooms total of 1,210 square foot on a 3,440 lot. Brand new laminated wood flooring and recessed lighting throughout the house. Kitchen has a quartz counter tops and abundant storage and cabinet space. There is an attached 2 car garage with automatic garage door opener. Washer / Dryer hook-ups are in the garage and they have their own hot water heater. New air-conditioning unit for those hot summer days. This is the most desirable brand new single-family house in Pasadena. Only one garage wall is attached to another house. The house is about five minutes to Pasadena City College, 10 minutes to Old Town of Pasadena and Gold Line Metro Line station. Very easy to access to I-210 Freeway. Plenty of great restaurants and supermarkets on Colorado Blvd. There is no HOA.

  • June, 2017

  • Jun 2, 2017

    Date

    Sold

    CRMLS: P0-316009013

    $320,000

    Price

  • Listing provided courtesy of CRMLS

    Investors. Builders, Home Builders... This is it! Your opportunity to build your dream home in Pasadena. Don't let this chance pass you by. The zoning is RM-16 with the possibility to build a 2 on a lot. Buyer to verify all the possibilities with the City of Pasadena.

  • November, 2016

  • Nov 3, 2016

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

Show More

Tax History for 290 Lola Ave

Assessed Value (2020): $1,350,000
Year Land Value Improved Value Assessed Value
2020 $800,000 $550,000 $1,350,000

Home Value Compared to the Market

This property vs the competition

290 Lola Ave sold on August 9, 2019 for 13.33% higher than the current median sold price for the city of Pasadena which is $1,200,000. The median sold price per/sqft for Pasadena is $781 and this home is sold at $561.98 per/sqft which puts the price per square foot 28.04% lower than the current median sale per square foot for the city of Pasadena.

About 290 Lola Ave

Detailed summary of property

290 Lola Ave is a duplex that recently sold in Pasadena, CA 91107. This duplex offered 6 bedrooms, 6 bathrooms, roughly 2,420 living square feet, and sits on an approximately 6,520 square foot lot. 290 Lola Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,350,000. 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 13.33% higher than the current median priced home. Local homes that are currently for sale include 110 E Washington Blvd, 1860 N Summit Ave and 1758 Lincoln Ave. While the average home in Pasadena, CA is selling in 56 days, 290 Lola Ave has a days on market of 21 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. For more information on this home for sale at 290 Lola Ave Pasadena, CA 91107 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 290 Lola Ave

Public county record property details
Beds
6
Baths
6
Year built
--
Sq. Ft.
2,592
Lot Size
6,520
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5746-019-022

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
$1,299,000
Median List Price/Sq.Ft.
$741
Median Sold Price
$1,320,000
Median Sold Price/Sq.Ft.
$707
Total Inventory
72
Median Sale to List Price %
105.6%
Avg Days on Market
34
Loan Type
Conventional (48.15%), FHA (0%), VA (3.7%), Cash (25.93%), Other (14.81%)

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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.