418 N Chester Ave, Pasadena, CA 91106
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418 N Chester Ave Pasadena, CA 91106

$1,170,000 Sold Price as of 11/01/2023
  • 8 Beds
  • 4 Baths
  • 2,852 Sq.Ft.
Sold
$1,170,000 Sold Price as of 11/01/2023 Refinance Your Mortgage

Map preview of 418 N Chester Ave, Pasadena, CA 91106

Property Overview: 418 N Chester Ave Pasadena, CA has 8 bedrooms, 4 bathrooms, 2,852 living square feet and 6,463 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the desirable city of Pasadena this property presents a unique opportunity to own a charming quadruplex. There are four identical and spacious 2-bedroom, 1-bathroom units, providing both comfort and convenience to residents. Each unit features a thoughtfully designed layout that maximizes space and functionality, making it an attractive choice for tenants seeking a cozy and functional living space. One of the standout features of this property is the inclusion of a single covered carport for each unit, ensuring residents have convenient and secure parking options. Situated in a prime location within Pasadena, this quadruplex offers easy access to the city's vibrant cultural scene, renowned dining establishments, shopping districts, and recreational areas. Its proximity to major transportation routes and public transit further enhances its desirability, ensuring that tenants have the convenience of getting around the city with ease. Don't miss out on this chance to own a great investment property in one of Pasadena's most sought-after neighborhoods. All four units are tenant occupied.

Listed by David Knight | BRE #01829234 | Keller Williams DTLA
Co-listed by Esther Clauson | BRE #02031778 | Keller Williams DTLA
Last checked: 13 minutes ago | Last updated: November 1st, 2023 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
6,463
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
P1-14921
City
Pasadena
County
Los Angeles
Time on Site
252 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $17,028
  • Total Rent: $1,419
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,546
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $2,040
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,440
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,340
  • Net Operating Income: $48,724
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $28,616
  • Trash: $0
  • Insurance: $0

Virtual Tour

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Property Details for 418 N Chester Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl, Tile
  • Living Room, Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Recessed Lighting, Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Rain Gutters
  • Has Fence
  • Block, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Covered
Lot Information
  • Lot Features: Sprinklers None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Parcel Number: 5739002042
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is Attached
  • Offered With Property: Landlord-owned appliances
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: South of Villa St.
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 418 N Chester Ave

Last sold for $1,170,000 on November 1st, 2023
  • November, 2023

  • Nov 1, 2023

    Date

    Sold

    CRMLS: P1-14921

    $1,170,000

    Price

  • Sep 1, 2023

    Date

    Active

    CRMLS: P1-14921

    $1,199,000

    Price

  • November, 2004

  • Nov 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

  • March, 2004

  • Mar 15, 2004

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

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Tax History for 418 N Chester Ave

Assessed Value (2020): $987,771
Year Land Value Improved Value Assessed Value
2020 $637,274 $350,497 $987,771

Home Value Compared to the Market

This property vs the competition

418 N Chester Ave sold on November 1, 2023 for 4.08% 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 $420.41 per/sqft which puts the price per square foot 44.9% lower than the current median sale per square foot for the city of Pasadena.

About 418 N Chester Ave

Detailed summary of property

418 N Chester Ave is a multi family that recently sold in Pasadena, CA 91106. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,852 living square feet, and sits on an approximately 6,463 square foot lot. 418 N Chester Ave was first listed on ArdentRealEstateGroup.com on September 1, 2023. The homeowner sold the property for $1,170,000. 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 4.08% lower than the current median priced home. Local homes that are currently for sale include 5938 E Echo St, 5910 Monte Vista St and 311 N Avenue 59. While the average home in Pasadena, CA is selling in 57 days, 418 N Chester Ave has a days on market of 27 days. There are currently 258 homes for sale in the Pasadena real estate market and 155 of them are single family homes while 75 of them are condos and 28 are townhomes. For more information on this home for sale at 418 N Chester 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 418 N Chester Ave

Public county record property details
Beds
8
Baths
4
Year built
1960
Sq. Ft.
2,852
Lot Size
6,462
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5739-002-042

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.