500 S Pasadena Ave Pasadena, CA 91105

$2,250,000 Sold Price as of 03/04/2014

-- Beds
-- Baths
5,592 Sq.Ft.

Off Market

$2,250,000 Sold Price as of 03/04/2014 Refinance Your Mortgage

Map preview of 500 S Pasadena Ave, Pasadena, CA 91105

Property Overview: 500 S Pasadena Ave Pasadena, CA has -- bedrooms, -- bathrooms, 5,592 living square feet and 30,929 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

500 S Pasadena Ave is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $767. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 500 S Pasadena Ave

Last sold for $2,250,000 on March 4th, 2014

April, 2021
Apr 26, 2021

Date

Canceled

CRMLS: AR21078054

$5,600,000

Price
Apr 14, 2021

Date

Active

CRMLS: AR21078054

$5,600,000

Price
Listing provided courtesy of CRMLS

A unique development opportunity, located within walking distance to Old Town Pasadena, just off Fair Oaks. The Property consists of 30,929 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses. Properties existing structures have potential for the right owner user. Located between Del Mar and California, just East of Fair Oaks - less than 1 mile from Colorado Blvd. Very walkable to all Old town Pasadena’s Restaurants and Shops. Easy access to all freeways 134, 210, and 110. This central Pasadena location is Prime for new development, close to everything Pasadena has to offer, and is not far from Downtown LA.

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February, 2020
Feb 13, 2020

Date

Expired

CRMLS: AR19263603

$5,250,000

Price
Jan 15, 2020

Date

Withdrawn

CRMLS: AR19263603

$5,250,000

Price
Nov 13, 2019

Date

Active

CRMLS: AR19263603

$5,250,000

Price
Listing provided courtesy of CRMLS

A unique development opportunity, located within walking distance to Old Town Pasadena, and just off Fair Oaks. The Property consists of 30,000 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses.

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October, 2019
Oct 1, 2019

Date

Expired

CRMLS: AR19083912

$5,150,000

Price
Aug 12, 2019

Date

Withdrawn

CRMLS: AR19083912

$5,150,000

Price
Apr 13, 2019

Date

Active

CRMLS: AR19083912

$5,150,000

Price
Listing provided courtesy of CRMLS

The Growth Investment Group is proud to present a unique development opportunity, located within walking distance to Old Town Pasadena, and just off Fair Oaks. The Property consists of 30,000 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, Commercial, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses.

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January, 2019
Jan 1, 2019

Date

Expired

CRMLS: AR18102705

$5,200,000

Price
May 2, 2018

Date

Active

CRMLS: AR18102705

$5,200,000

Price
Listing provided courtesy of CRMLS

A unique development opportunity, located within walking distance to Old Town Pasadena, and just off Fair Oaks. The Property consists of 30,000 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses.

Continue Reading
March, 2014
Mar 4, 2014

Date

Sold (Public Records)

Public Records

$2,250,000

Price

Tax History for 500 S Pasadena Ave

Assessed Value (2020): $2,522,010

Year	Land Value	Improved Value	Assessed Value
2020	$2,241,789	$280,221	$2,522,010

About 500 S Pasadena Ave

Detailed summary of property

500 S Pasadena Ave is categorized with a use code of Office Bldg (General) in Pasadena, CA 91105 and last sold on March 4, 2014 for $2,250,000. This property has -- bedrooms, -- bathrooms, roughly 5,592 living square feet, and sits on an approximately 30,929 square foot lot. Homes in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 87.5% higher than the current median priced home. 500 S Pasadena Ave was last sold on March 4, 2014 for $2,250,000. Local nearby listings include 885 Orange Grove Blvd #34, 217 S Marengo Ave #202 and 155 Cordova St #103. The average home in Pasadena, CA is selling in 56 days. There are currently 335 homes for sale in the Pasadena real estate market and 179 of them are single family homes while 119 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 500 S Pasadena Ave Pasadena, CA 91105 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 500 S Pasadena Ave

Public county record property details

Beds: --
Baths: --
Year built: 1954
Sq. Ft.: 5,592
Lot Size: 30,929
Stories: 1

Type: Office Bldg (General)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5713-040-043

The source for these homes facts are from public records.

91105 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,749,000

Median List Price/Sq.Ft.

$849

Median Sold Price

$2,295,000

Median Sold Price/Sq.Ft.

$930

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (6.67%), FHA (6.67%), VA (0%), Cash (33.33%), Other (40%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

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