452 E Rio Grande St #2, Pasadena, CA 91104
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452 E Rio Grande St #2 Pasadena, CA 91104

$1,800,000 Sold Price as of 07/25/2023
  • 8 Beds
  • 4 Baths
  • 3,312 Sq.Ft.
Sold
$1,800,000 Sold Price as of 07/25/2023 Refinance Your Mortgage

Map preview of 452 E Rio Grande St #2, Pasadena, CA 91104

Property Overview: 452 E Rio Grande St #2 Pasadena, CA has 8 bedrooms, 4 bathrooms, 3,312 living square feet and 7,980 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to RIO GEANDE apartment! A truly unique and exciting opportunity for investors in a fantastic location in Pasadena. The building consists of 4 units, Unit (1) 2 beds 1 bath, Unit (2) 2 beds 1 bath, Unit (3) 2 beds 1 bath, Unit (4) 2 beds 1 bath. Living area is 832 sqft for every unit with nice layout. All units are same floor plan. Units are in good condition. Nice quality sold wood front door, good size for family room. Lots of windows bring in bright sunlight, newer kitchen cabinets, tiles counter tops, laminate flooring, double-pane windows, 3 newer mini split AC units in each unit, two new water heater & two tankless was installed in 2018, there are 3 ceiling fans and dishwasher in #2 & 4. # 2 has been fully upgraded in 2019, with white shaker kitchen cabinet, shower room, new wood shelving window covering. Two units in downstairs each have their own private nice backyard with beautiful gardens. New painted wood fences close the whole backyard. Two unit in upstairs each has a private balcony. Each unit has one garage parking & one tandem parking. Interlocking Concrete Pavers on driveways and backyard. A nice wooden gate to the trash area. This apartment complex is convenient and close to bus stops, grocery stores, restaurants, shops and Rose Bowl. The location accessible with freeway access, close to Old Town, L.A. downtown and and the fun Pasadena sports. The school district and amenities make this a highly desirable and in-demand rental community.

Listed by Annie Xiao Zhang | BRE #02021748 | Universal Elite Inc.
Co-listed by Zhongmin Su | BRE #01936028 | Universal Elite Inc.
Last checked: 8 minutes ago | Last updated: July 27th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
7,980
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
TR23101911
City
Pasadena
County
Los Angeles
Time on Site
332 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,360
  • Net Operating Income: $62,686
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,073
  • Electric: $455
  • Gas/Fuel: $0
  • Trash: $1,571
  • Gardener: $1,800
  • Insurance: $1,556
  • Water/Sewer: $2,912

Property Details for 452 E Rio Grande St #2

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5838040019
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: cross street Los Robles Avenue/Washington Blvd
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

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Sale History for 452 E Rio Grande St #2

Last sold for $1,800,000 on July 25th, 2023
  • July, 2023

  • Jul 25, 2023

    Date

    Sold

    CRMLS: TR23101911

    $1,800,000

    Price

  • Jun 9, 2023

    Date

    Active

    CRMLS: TR23101911

    $1,850,000

    Price

  • June, 2016

  • Jun 22, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2016

  • Jun 9, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

Show More

Tax History for 452 E Rio Grande St #2

Assessed Value (2020): $1,407,160
Year Land Value Improved Value Assessed Value
2020 $974,188 $432,972 $1,407,160

Home Value Compared to the Market

This property vs the competition

452 E Rio Grande St #2 sold on July 25, 2023 for 48% higher 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 $558.57 per/sqft which puts the price per square foot 26.79% lower than the current median sale per square foot for the city of Pasadena.

About 452 E Rio Grande St #2

Detailed summary of property

452 E Rio Grande St #2 is a fourplex that recently sold in Pasadena, CA 91104. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,312 living square feet, and sits on an approximately 7,980 square foot lot. 452 E Rio Grande St #2 was first listed on ArdentRealEstateGroup.com on June 10, 2023. The homeowner sold the property for $1,800,000. 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 48% higher than the current median priced home. Local homes that are currently for sale include 5231 Loleta Ave, 1461 Hepner Ave and 1461 Hepner Ave. While the average home in Pasadena, CA is selling in 56 days, 452 E Rio Grande St #2 has a days on market of 6 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 452 E Rio Grande St #2 Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 452 E Rio Grande St #2

Public county record property details
Beds
8
Baths
4
Year built
1961
Sq. Ft.
3,312
Lot Size
7,980
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5838-040-019

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,256,000
Median List Price/Sq.Ft.
$917
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$849
Total Inventory
23
Median Sale to List Price %
120.12%
Avg Days on Market
20
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (30%), Other (30%)

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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.