Search
55 Arlington Dr, Pasadena, CA 91105
View Photos

55 Arlington Dr Pasadena, CA 91105

$3,600,000 Sold Price as of 05/02/2019
  • 11 Beds
  • 11 Baths
  • 7,248 Sq.Ft.
Sold
$3,600,000 Sold Price as of 05/02/2019 Refinance Your Mortgage
Map preview of 55 Arlington Dr, Pasadena, CA 91105

Property Overview: 55 Arlington Dr Pasadena, CA has 11 bedrooms, 11 bathrooms, 7,248 living square feet and 14,627 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this 8 unit apartment building located at 55 Arlington Drive in Pasadena, California. Built in 1948 and completely rehabbed throughout in 2016, the offering consists of extremely large units with a mix of 5 one-bedroom/one-bathroom, 1 two-bedroom/one bathroom and 2 two-bedroom/ two-bathroom units. The property is situated on a 14,627-square foot lot with 7,248-square feet of gross rentable area. Known as the original Budweiser- Bush Stable building, the now converted property offers tenants convenience proximate to all dining, entertainment, transportation, nightlife and other amenities. This investment offering provides a savvy investor the opportunity to own a truly turnkey property in a strong and centrally located rental pocket of Pasadena.

Listed by Nicholas Borrelli | BRE #01481673 | Coldwell Banker Arcadia
Co-listed by Caroline Khabbaz | BRE #01396972 | Coldwell Banker Arcadia
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
14,627
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
AR19042841
City
Pasadena
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,225
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.1%
  • Gross Rent Multiplier: 17.78
  • Gross Scheduled Income: $228,600
  • Net Operating Income: $154,675
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $67,617
  • Electric: $638
  • Gas/Fuel: $1,843
  • New Taxes: $41,921
  • Trash: $2,342
  • Gardener: $1,200
  • Insurance: $2,536
  • Maintenance: $4,000
  • Professional Management: $8,892
  • Water/Sewer: $3,608

Property Details for 55 Arlington Dr

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Beamed Ceilings
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5719022031
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Norh of Glenarm West of W. Hisyoric Rte 66
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Pasadena Agent

Sale History for 55 Arlington Dr

Last sold for $3,600,000 on November 27th, 2019

  • April, 2021

  • Apr 1, 2021

    Date

    Expired

    CRMLS: WS20260290

    $3,050

    Price

  • Dec 19, 2020

    Date

    Active

    CRMLS: WS20260290

    $3,050

    Price

  • Listing provided courtesy of CRMLS

    This beautiful and charming apartment has two large bedrooms 2 baths, 1098 sqft living space, huge living room with high ceiling, completely rehabbed throughout in 2016. It has historical value known as original Budweiser-Bush stable building and converted to apartment. Rent includes water, trash, and gardener service. Landlord provides refrigerator, washer and dryer, dishwasher and microwave. 2 assigned parking spaces and automatic gated entrance. Located in the heart of beautiful city of Pasadena home of Rose Bowl and famous traditional Rose parade on New Year day, close to Arlington garden, Huntington Hospital, historic Old Town Pasadena, shopping, restaurants, Metro Gold Line train station, easy access to freeways 210, 110 and 134.

  • November, 2019

  • Nov 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,600,000

    Price

  • June, 2019

  • Jun 17, 2019

    Date

    Leased

    CRMLS: WS19136832

    $2,600

    Price

  • Jun 12, 2019

    Date

    Pending

    CRMLS: WS19136832

    $2,600

    Price

  • Jun 11, 2019

    Date

    Active

    CRMLS: WS19136832

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    This beautiful and charming, a single house apartment has a large bedroom and living room with fireplace, a separate den which can be used as second bedroom, a private patio and private yard, completely rehabbed throughout in 2016. It has historical value known as original Budweiser-Bush stable building and converted to apartment for you to enjoy. Rent includes water, sewer, trash, and gardener service. Landlord provides refrigerator, washer and dryer, and microwave. 2 assigned parking spaces and automatic gated entrance. Located in the heart of beautiful city of Pasadena home of Rose Bowl and famous traditional Rose parade on New Year day, close to Arlington garden, Huntington Hospital, historic Old Town Pasadena, shopping, restaurants, Metro Gold Line train station, easy access to freeways 210, 110 and 134.

  • May, 2019

  • May 18, 2019

    Date

    Leased

    CRMLS: WS19110562

    $2,300

    Price

  • May 16, 2019

    Date

    Pending

    CRMLS: WS19110562

    $2,300

    Price

  • May 13, 2019

    Date

    Active

    CRMLS: WS19110562

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    This charming and beautiful one large bedroom and a loft or a den that could be use as bedroom with one bath, completely rehabbed throughout in 2016. It has historical value known as original Budweiser-Bush stable building and converted to apartment for you to enjoy. Rent includes water, trash, and gardener service. Landlord provides refrigerator, washer and dryer, dishwasher and microwave. 2 assigned parking spaces and automatic gated entrance. Located in the heart of beautiful city of Pasadena home of Rose Bowl and famous traditional Rose parade on New Year day, close to Arlington garden, Huntington Hospital, historic Old Town Pasadena, shopping, restaurants, Metro Gold Line train station, easy access to freeways 210, 110 and 134.

  • May, 2019

  • May 18, 2019

    Date

    Leased

    CRMLS: WS19103677

    $1,800

    Price

  • May 15, 2019

    Date

    Pending

    CRMLS: WS19103677

    $1,800

    Price

  • May 5, 2019

    Date

    Active

    CRMLS: WS19103677

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    This charming and beautiful one bedroom one bath apartment that completely rehabbed throughout in 2016. It has historical value known as original Budweiser-Bush stable building and converted to apartment for you to enjoy. Rent includes water, trash, and gardener service. Landlord provides refrigerator, washer and dryer. Located in the heart of beautiful city of Pasadena home of Rose Bowl and famous traditional Rose parade on New Year day, close to Arlington garden, Huntington Hospital, historic Old Town Pasadena, shopping, restaurants, Metro Gold Line train station, easy access to freeways 210, 110 and 134.

  • May, 2019

  • May 2, 2019

    Date

    Sold

    CRMLS: AR19042841

    $3,600,000

    Price

  • Mar 26, 2019

    Date

    Price Change

    CRMLS: AR19042841

    $3,690,000

    Price

  • Feb 26, 2019

    Date

    Active

    CRMLS: AR19042841

    $3,790,000

    Price

  • April, 2019

  • Apr 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,600,000

    Price

  • January, 2019

  • Jan 11, 2019

    Date

    Canceled

    CRMLS: AR18257236

    $3,950,000

    Price

  • Nov 13, 2018

    Date

    Price Change

    CRMLS: AR18257236

    $3,950,000

    Price

  • Oct 24, 2018

    Date

    Active

    CRMLS: AR18257236

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

Show More

Tax History for 55 Arlington Dr

Assessed Value (2020): $3,672,000
Year Land Value Improved Value Assessed Value
2020 $1,632,000 $2,040,000 $3,672,000

Home Value Compared to the Market

This property vs the competition

55 Arlington Dr sold on May 2, 2019 for 207.5% higher than the current median sold price for the city of Pasadena which is $1,200,000. The median sold price per/sqft for Pasadena is $781 and this home is sold at $509.11 per/sqft which puts the price per square foot 34.81% lower than the current median sale per square foot for the city of Pasadena.

About 55 Arlington Dr

Detailed summary of property

55 Arlington Dr is a apartment that recently sold in Pasadena, CA 91105. This apartment offered 11 bedrooms, 11 bathrooms, roughly 7,248 living square feet, and sits on an approximately 14,627 square foot lot. 55 Arlington Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $3,600,000. Home 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 207.5% higher than the current median priced home. Local homes that are currently for sale include 138 N Soto St, 1006 S Record Ave and 2505 Berkeley St. While the average home in Pasadena, CA is selling in 56 days, 55 Arlington Dr has a days on market of 31 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. For more information on this home for sale at 55 Arlington Dr Pasadena, CA 91105 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 55 Arlington Dr

Public county record property details
Beds
12
Baths
8
Year built
1948
Sq. Ft.
7,248
Lot Size
14,627
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5719-022-031

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
61
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (6.67%), FHA (6.67%), VA (0%), Cash (33.33%), Other (40%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 55 Arlington Dr

Nearby Homes for Sale

306 E California Blvd, Pasadena, CA 91106
$3,500,000
8 Beds
6 Baths
5803 Sq.Ft.
306 E California Blvd
Pasadena, CA 91106
654 Bellefontaine St, Pasadena, CA 91105
$3,900,000
2 Beds
3 Baths
3756 Sq.Ft.
654 Bellefontaine St
Pasadena, CA 91105
664 Mira Monte Pl, Pasadena, CA 91101
$3,400,000
6 Beds
9 Baths
0 Sq.Ft.
664 Mira Monte Pl
Pasadena, CA 91101
616 San Pascual Ave, Los Angeles, CA 90042
$3,700,000
32 Beds
16 Baths
15008 Sq.Ft.
616 San Pascual Ave
Los Angeles, CA 90042
147 N Michigan Ave, Pasadena, CA 91106
$3,500,000
13 Beds
12 Baths
6050 Sq.Ft.
147 N Michigan Ave
Pasadena, CA 91106
354 Newland St, Los Angeles, CA 90042
$4,195,000
14 Beds
17 Baths
8162 Sq.Ft.
354 Newland St
Los Angeles, CA 90042
260 Linda Rosa Ave, Pasadena, CA 91107
$4,199,000
15 Beds
11 Baths
6068 Sq.Ft.
260 Linda Rosa Ave
Pasadena, CA 91107
144 S Avenue 55, Los Angeles, CA 90042
$3,825,000
19 Beds
16 Baths
11048 Sq.Ft.
144 S Avenue 55
Los Angeles, CA 90042
1998 E Villa St, Pasadena, CA 91107
$3,000,000
8 Beds
9 Baths
5750 Sq.Ft.
1998 E Villa St
Pasadena, CA 91107
273 S Sierra Madre Blvd, Pasadena, CA 91107
$4,195,000
42 Beds
34 Baths
28274 Sq.Ft.
273 S Sierra Madre Blvd
Pasadena, CA 91107
1684 Murchison St, Los Angeles, CA 90033
$3,875,000
32 Beds
18 Baths
12052 Sq.Ft.
1684 Murchison St
Los Angeles, CA 90033
234 N Chicago St, Los Angeles, CA 90033
$3,025,000
6 Beds
22 Baths
13440 Sq.Ft.
234 N Chicago St
Los Angeles, CA 90033

Recently Sold Homes Near 55 Arlington Dr

65 Arlington Dr, Pasadena, CA 91105
$2,160,000 Last Sold Price
8 Beds
6 Baths
4718 Sq.Ft.
65 Arlington Dr
Pasadena, CA 91105
30 Arlington Dr, Pasadena, CA 91105
$1,080,000 Last Sold Price
2 Beds
2 Baths
1891 Sq.Ft.
30 Arlington Dr
Pasadena, CA 91105
89 Hurlbut St, Pasadena, CA 91105
$4,400,000 Last Sold Price
10 Beds
9 Baths
0 Sq.Ft.
89 Hurlbut St
Pasadena, CA 91105
953 S Marengo Ave, Pasadena, CA 91106
$2,000,000 Last Sold Price
6 Beds
5 Baths
3722 Sq.Ft.
953 S Marengo Ave
Pasadena, CA 91106

Related Resources to 55 Arlington Dr

New Listings in 91105
Popular Zip Codes
Popular Cities
Other Pasadena Resources

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.

Refi Quote