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475 E Del Mar Blvd, Pasadena, CA 91101
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475 E Del Mar Blvd Pasadena, CA 91101

$1,395,000 Sold Price as of 08/03/2021
  • 4 Beds
  • 4 Baths
  • 2,516 Sq.Ft.
Sold
$1,395,000 Sold Price as of 08/03/2021 Refinance Your Mortgage
Map preview of 475 E Del Mar Blvd, Pasadena, CA 91101

Property Overview: 475 E Del Mar Blvd Pasadena, CA has 4 bedrooms, 4 bathrooms, 2,516 living square feet and 8,127 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: In the prestigious prime area of Pasadena stand 2 cottages (duplexes) of charming Mediterranean style. 4 units: 475 1/2 , 475, 477, and 479. The front cottage houses a 1-bedroom, 1-bath unit (479), and a 1-bath studio (477). The back cottage comprises 2 1-bedroom and 1-bath units (475 1/2 and 475). Each of the 4 units has a 1-car garage in the backyard. The property enjoys close proximity to a church, the Playhouse District, South Lake District, and Paseo Colorado. The property is very well-maintained and has many updates and upgrades in recent years, including a new roof and new windows. The plumbing was completely redone.

Listed by Jason Lee | BRE #01413059 | Pacific Keystone, Inc.
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
8,127
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
AR21123204
City
Pasadena
County
Los Angeles
Time on Site
1068 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,100
  • Net Operating Income: $22,000
  • Gross Operating Income: $55,000
  • Vacancy Allowance: $1,100
  • Improvements Total: $378,850
Annual Expense Breakdown
  • Total Operating Expense: $33,000
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $254
  • New Taxes: $800
  • Trash: $650
  • Gardener: $910
  • Insurance: $1,750
  • Maintenance: $7,835
  • Professional Management: $5,600
  • Water/Sewer: $1,350
  • Other Expenses: $14,000
  • Other Expense Description: Tax

Property Details for 475 E Del Mar Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Refrigerator
Interior Features
  • Ceiling Fan(s), Ceramic Counters
  • Levels: One
  • Window Features: Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • 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: Assigned, Driveway, Garage
Lot Information
  • Lot Features: Back Yard, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5734010062
  • Year Built Source: Estimated
  • Architectural Style: Cottage, Mediterranean
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Assume, Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: A few blocks west of S Lake Ave, 1/2 block east of Los Robles, south of Playhouse District and 1 block north of E California Blvd.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Pasadena Agent

Sale History for 475 E Del Mar Blvd

Last sold for $1,395,000 on August 3rd, 2021

  • August, 2021

  • Aug 3, 2021

    Date

    Sold

    CRMLS: AR21123204

    $1,395,000

    Price

  • Jun 16, 2021

    Date

    Active Under Contract

    CRMLS: AR21123204

    $1,350,000

    Price

  • Jun 9, 2021

    Date

    Active

    CRMLS: AR21123204

    $1,350,000

    Price

  • April, 2016

  • Apr 11, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2015

  • Jan 2, 2015

    Date

    Sold (Public Records)

    Public Records

    $942,000

    Price

Show More

Tax History for 475 E Del Mar Blvd

Assessed Value (2020): $1,255,619
Year Land Value Improved Value Assessed Value
2020 $876,769 $378,850 $1,255,619

Home Value Compared to the Market

This property vs the competition

475 E Del Mar Blvd sold on August 3, 2021 for 8% 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 $536.57 per/sqft which puts the price per square foot 29.68% lower than the current median sale per square foot for the city of Pasadena.

About 475 E Del Mar Blvd

Detailed summary of property

475 E Del Mar Blvd is a fourplex that recently sold in Pasadena, CA 91101. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 2,516 living square feet, and sits on an approximately 8,127 square foot lot. 475 E Del Mar Blvd was first listed on ArdentRealEstateGroup.com on June 9, 2021. The homeowner sold the property for $1,395,000. 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 8% higher than the current median priced home. Local homes that are currently for sale include 1758 Lincoln Ave, 1758 Lincoln Ave and 6538 Meridian St. While the average home in Pasadena, CA is selling in 57 days, 475 E Del Mar Blvd has a days on market of 3 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 475 E Del Mar Blvd Pasadena, CA 91101 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 475 E Del Mar Blvd

Public county record property details
Beds
3
Baths
4
Year built
1923
Sq. Ft.
2,516
Lot Size
8,127
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5734-010-062

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%)

Thinking of Selling?

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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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