460 Vista Ave, Pasadena, CA 91107
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460 Vista Ave Pasadena, CA 91107

$2,150,000
  • 12 Beds
  • 8 Baths
  • 4,292 Sq.Ft.
Pending
$2,150,000 Get Pre-Qualified

Map preview of 460 Vista Ave, Pasadena, CA 91107

Property Overview: 460 Vista Ave Pasadena, CA has 12 bedrooms, 8 bathrooms, 4,292 living square feet and 7,552 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime well-kept 2 Story apartment building with four units located in a desirable area of NE Pasadena. Peaceful residential neighborhood conveniently located within 2 miles of Pasadena City College, Fuller Seminary, the gold metro link and Caltech makes these units easy rentals for investment: or you can comfortably live in one and the other rented units pay for your mortgage. The building has 12 bedrooms and 8 bathrooms. Each well maintained unit is approximately 1,073 square feet and is spacious with 3 bedrooms and 2 bathrooms. Each unit is provided a private stackable washer, dryer, stove and refrigerator. The 2 ground level units have small private patios. Unit B has been recently remodeled with new flooring, stainless appliances, modernized stylish bathrooms and kitchen. the 5 carport Park spots could be converted into private garages. This is a potentially great investment with the possibility to raise the rents for income growth. Owner’s relative lives in one unit and will easily vacate after closing escrow. With the unit re-rented to market rents, the GRM would be 16 with a 4.76% CAP rate. Call for more information. Drive by only. Listed in MLS also as # PF21212736

Listed by Christina Dreyer | BRE #00999071 | Sotheby's International Realty
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 50
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Home details

Lot Sq. Ft
7,552
HOA Dues
$0/mo
Year built
1963
Garage
5 Car
Property Type:
Fourplex
Status
Pending
MLS#
PF21206005
City
Pasadena
County
Los Angeles
Time on Site
965 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.76%
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $134,400
  • Net Operating Income: $100,129
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $34,271
  • New Taxes: $25,800
  • Trash: $1,800
  • Gardener: $1,200
  • Insurance: $2,531
  • Water/Sewer: $2,940

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Property Details for 460 Vista Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Closet
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Vinyl, Wood
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5744023024
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: stoves, refrigerators, washers & dryers
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Villa west of Altadena Dr
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 460 Vista Ave

Last sold for $2,100,000 on May 3rd, 2024
  • May, 2024

  • May 3, 2024

    Date

    Active

    CRMLS: CV24089736

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Large 3 bedroom, 2 bath upstairs apartment home located in the highly desirable Casa Grande area in the city of Pasadena. Apartment features include newer wood look laminate flooring and large windows with blinds providing natural lighting. The kitchen has freshly painted white cabinets with stove and refrigerator included. One of the bedrooms has its own private bathroom. There is an inside stackable washer and dryer included. 1-Car carport parking included and there is another parking space available for an additional fee. Close to schools, shopping, restaurants, Allen Street Metro Station and easy access to 210 freeway. Do not miss out!

  • May, 2024

  • May 3, 2024

    Date

    Sold

    CRMLS: SR24038756

    $2,100,000

    Price

  • Mar 5, 2024

    Date

    Active

    CRMLS: SR24038756

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Live Auction! Bidding Starts at $1,600,000! Nestled in East Pasadena on a tree-lined street, just a short drive from esteemed institutions like CalTech, Fuller Seminary and Pasadena City College, discover this well maintained fourplex offering an exceptional investment opportunity. Each unit within this charming complex boasts 3 bedrooms and 2 bathrooms, featuring a spacious primary suite and the convenience of stackable washer/dryer in each unit. The property has some upgrades, which includes laminate flooring, granite countertops, new vanities, and stylishly retiled showers, ensuring a modern and comfortable living experience for residents. Adding to the allure, lower units offer private patios, while upper units share a spacious patio showcasing lovely mountain views, perfect for unwinding. Parking is a breeze with 6 assigned spaces in the rear, including a covered carport equipped with storage units above. Two units will be delivered vacant at close of escrow, allowing for flexibility in occupancy or further customization. Don't miss this rare opportunity to own a low-maintenance property in a desirable location, offering both steady rental income and the potential for future appreciation. Join us at the auction and seize your slice of Pasadena's vibrant real estate market!

  • January, 2022

  • Jan 4, 2022

    Date

    Sold

    CRMLS: PF21206005

    --

    Price

  • Sep 25, 2021

    Date

    Active

    CRMLS: PF21206005

    $2,150,000

    Price

  • November, 2021

  • Nov 4, 2021

    Date

    Hold

    CRMLS: PF21212736

    $2,150,000

    Price

  • Nov 4, 2021

    Date

    Withdrawn

    CRMLS: PF21212736

    $2,150,000

    Price

  • Listing provided courtesy of CRMLS

    Enjoy the good life. Live in a 3 bedroom, 2 bath, about 1073 square foot unit in Pasadena and have tenants pay your mortgage for you. Prime well-kept 2 Story apartment building with four units located in a desirable area of NE Pasadena. Peaceful residential neighborhood conveniently located within 2 miles of Pasadena City College, Fuller Seminary, the gold metro link and Caltech makes these units easy rentals for investment: or you can comfortably live in one and the other rented units pay for your mortgage. With low interest rates and easy to manage if you live there, have the tenants build your equity. The building has 12 bedrooms and 8 bathrooms. Each well maintained unit is approximately 1,073 square feet and is spacious with 3 bedrooms and 2 bathrooms. Each unit is provided a private stackable washer, dryer, stove and refrigerator. The 2 ground level units have small private patios. Unit B has been recently remodeled with new flooring, stainless appliances, modernized stylish bathrooms and kitchen. The 5 carport Parking spots could be converted into private garages. This is a potentially great investment with the possibility to raise the rents for income growth. Owner’s relative lives in one unit and will easily vacate after closing escrow. With the unit re-rented to market rents, the GRM would be 16 with a 4.76% CAP rate! Also See MLS listing# PF21206005 for financial information. Call for more information. Drive by only please.

  • April, 2020

  • Apr 29, 2020

    Date

    Canceled

    CRMLS: WS20028902

    $2,600

    Price

  • Apr 20, 2020

    Date

    Hold

    CRMLS: WS20028902

    $2,600

    Price

  • Apr 20, 2020

    Date

    Active

    CRMLS: WS20028902

    $2,600

    Price

  • Mar 23, 2020

    Date

    Hold

    CRMLS: WS20028902

    $2,600

    Price

  • Mar 16, 2020

    Date

    Active

    CRMLS: WS20028902

    $2,600

    Price

  • Mar 2, 2020

    Date

    Hold

    CRMLS: WS20028902

    $2,600

    Price

  • Feb 18, 2020

    Date

    Price Change

    CRMLS: WS20028902

    $2,600

    Price

  • Feb 9, 2020

    Date

    Active

    CRMLS: WS20028902

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Nice partially-furnished 3bed/2bath apt with parking in the City of Pasadena. Kitchen comes with stove/oven and refrigerator. Partially furnished in the living room and dining room. Combo laundry machine in the unit for tenant's convenience. Laminated wood and tile flooring throughout the unit. Convenient location: close to the I-210 freeway, Victory Park, shops, restaurants, and markets on Colorado Blvd. and old town Pasadena. Many more neighborhood features.

  • February, 2002

  • Feb 4, 2002

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

  • May, 2000

  • May 31, 2000

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

Show More

Tax History for 460 Vista Ave

Assessed Value (2020): $621,354
Year Land Value Improved Value Assessed Value
2020 $263,399 $357,955 $621,354

Home Value Compared to the Market

This property vs the competition

460 Vista Ave is listed 79.17% higher than the median list price for the city of Pasadena which has a median list price of $1,200,000. The median price per/sqft for Pasadena is $784 and this home is listed at $500.93 per/sqft which puts the price per square foot 36.11% lower than the median price per square foot for the city of Pasadena.

About 460 Vista Ave

Detailed summary of property

460 Vista Ave is a fourplex located in Pasadena, CA 91107 and is currently in escrow to be sold. This fourplex offers 12 bedrooms, 8 bathrooms, roughly 4,292 living square feet, and sits on an approximately 7,552 square foot lot. 460 Vista Ave was first listed on ArdentRealEstateGroup.com on September 25, 2021. The homeowner is currently asking $2,150,000. The median priced home in Pasadena is $1,200,000 with a median price per square foot of $784. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 79.17% higher than the median priced home. Local competing homes currently for sale include 5506 Valley Blvd, 2472 N Eastern Ave and 2221 Addison Way. While the average home in Pasadena, CA is selling in 51 days, 460 Vista Ave has a days on market of 50 days. There are currently 278 homes for sale in the Pasadena real estate market and 169 of them are single family homes while 83 of them are condos and 26 are townhomes. For more information on this home for sale at 460 Vista 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 460 Vista Ave

Public county record property details
Beds
12
Baths
8
Year built
1963
Sq. Ft.
4,292
Lot Size
7,552
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
5744-023-024

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
$1,250,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,381,500
Median Sold Price/Sq.Ft.
$734
Total Inventory
59
Median Sale to List Price %
115.32%
Avg Days on Market
37
Loan Type
Conventional (56.25%), FHA (0%), VA (0%), Cash (18.75%), Other (18.75%)

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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.