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422 S Los Robles Ave, Pasadena, CA 91101
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422 S Los Robles Ave Pasadena, CA 91101

$2,350,000 Sold Price as of 10/13/2020
  • 9 Beds
  • 9 Baths
  • -- Sq.Ft.
Sold
$2,350,000 Sold Price as of 10/13/2020 Refinance Your Mortgage
Map preview of 422 S Los Robles Ave, Pasadena, CA 91101

Property Overview: 422 S Los Robles Ave Pasadena, CA has 9 bedrooms, 9 bathrooms, -- living square feet and 17,626 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PREMIUM PASADENA INCOME PROPERTY - Your opportunity to own in this highly desirable neighborhood. Absolute pride of Ownership describes these 8 prime units, located on over 17,625 Sq. Ft. of flat land surrounded by green lush lawns. The two-building structures consist of: 1950s built, 2-story Apartment building - 6 one-bedroom units & Beautifully crafted, 2-story Victorian house, featuring spacious 2 Bedroom unit downstairs + VACANT 1 Bedroom w/ Den upstairs. Fully landscaped, Private long driveway, 2 separate garages with carports for ample parking. Don't miss this prize property!

Listed by Michelle Harnsberger | BRE #01022378 | Harnsberger Realty 1924
Co-listed by Brandon Harnsberger | BRE #01410580 | Harnsberger Realty 1924
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
17,626
HOA Dues
$0/mo
Year built
1890
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
20608920
City
Pasadena
County
Los Angeles
Time on Site
1384 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,488
  • Total Rent: $10,490
  • Pro Forma/Market Rent: $11,525
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.9
  • Gross Scheduled Income: $147,840
  • Net Operating Income: $116,382
  • Gross Operating Income: $147,840
  • # of Rented Garages: 2
  • Garage Rental Income: $12,320
  • Other Income 1: $70
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $385
  • Trash: $3,225
  • Insurance: $2,595
  • Water/Sewer: $3,283

Virtual Tour

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Property Details for 422 S Los Robles Ave

Interior Features
Fireplace Information
  • Has Fireplace
  • Gas, Kitchen, Bath
Room Information
  • Flooring: Carpet
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Garage - Two Door, Carport
Property Information
  • Total # of Units: 8
  • Parcel Number: 5734005006
  • Foundation Details: Combination
  • Accessibility Features: None
Location / Neighborhood
Location Information
  • Directions: Located on Eastside of S. Los Robles Blvd. between California Ave & Del Mar Blvd.
View more facts & features

Local Pasadena Agent

Sale History for 422 S Los Robles Ave

Last sold for $2,350,000 on October 13th, 2020

  • October, 2020

  • Oct 14, 2020

    Date

    Sold

    CRMLS: 20608920

    $2,350,000

    Price

  • Sep 15, 2020

    Date

    Pending

    CRMLS: 20608920

    $2,649,500

    Price

  • Aug 5, 2020

    Date

    Active Under Contract

    CRMLS: 20608920

    $2,649,500

    Price

  • Jul 29, 2020

    Date

    Active

    CRMLS: 20608920

    $2,649,500

    Price

  • October, 2020

  • Oct 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,350,000

    Price

Show More

Tax History for 422 S Los Robles Ave

Assessed Value (2020): $181,186
Year Land Value Improved Value Assessed Value
2020 $77,986 $103,200 $181,186

Home Value Compared to the Market

This property vs the competition

422 S Los Robles Ave sold on October 13, 2020 for 111.96% higher than the current median sold price for the city of Pasadena which is $1,250,000.

About 422 S Los Robles Ave

Detailed summary of property

422 S Los Robles Ave is a multi family that recently sold in Pasadena, CA 91101. This multi family property offered 9 bedrooms, 9 bathrooms, roughly -- living square feet, and sits on an approximately 17,626 square foot lot. 422 S Los Robles Ave was first listed on ArdentRealEstateGroup.com on July 29, 2020. The homeowner sold the property for $2,350,000. 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 111.96% higher than the current median priced home. Local homes that are currently for sale include 221 S Avenue 19, 1818 N Broadway and 2853 Cincinnati St. While the average home in Pasadena, CA is selling in 57 days, 422 S Los Robles Ave has a days on market of 48 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 422 S Los Robles Ave Pasadena, CA 91101 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 422 S Los Robles Ave

Public county record property details
Beds
9
Baths
8
Year built
1890
Sq. Ft.
6,158
Lot Size
17,626
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,16
APN
5734-005-006

The source for these homes facts are from public records.

91101 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$719,000
Median List Price/Sq.Ft.
$707
Median Sold Price
$846,000
Median Sold Price/Sq.Ft.
$725
Total Inventory
47
Median Sale to List Price %
110.59%
Avg Days on Market
71
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (28.57%)

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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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