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625 N Wilson Ave, Pasadena, CA 91106
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625 N Wilson Ave Pasadena, CA 91106

$1,585,000 Sold Price as of 03/15/2021
  • 8 Beds
  • 6 Baths
  • 4,059 Sq.Ft.
Sold
$1,585,000 Sold Price as of 03/15/2021 Refinance Your Mortgage
Map preview of 625 N Wilson Ave, Pasadena, CA 91106

Property Overview: 625 N Wilson Ave Pasadena, CA has 8 bedrooms, 6 bathrooms, 4,059 living square feet and 8,442 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the opportunity to acquire a triplex located in the city of Pasadena. 625 N Wilson Ave sits on a 8,442square foot lot with 4,059 square feet of rentable space and is comprised of two separate structures. The structure in the front is a 1,104 square foot, 3 Bed/2 Bath single family residence, which was built in 1932 and remodeled in 2003. The structure in the rear is a duplex, which was built in 2003, and is comprised of a 1,391 square foot 3Bed/2.5 Bath unit and a 943 square foot 2 Bed/2 Bath unit. The property features a shared courtyard as well as three (3) two-car private garages and unassigned driveway parking spaces. All units have washer and dryer hookups inside.

Listed by Sevak Keshishian | BRE #01887505 | Marcus & Millichap
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
8,442
HOA Dues
$0/mo
Year built
2003
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
21688682
City
Pasadena
County
Los Angeles
Time on Site
1324 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.61
  • Gross Scheduled Income: --
  • Net Operating Income: $55,783
  • Gross Operating Income: $79,152
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 625 N Wilson Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Private, Garage - Two Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5732011036
Location / Neighborhood
Location Information
  • Directions: The subject property is situated East of North Lake Ave and South of East Orange Grove Blvd and is conveniently located just North of the 210 Freeway, allowing for easy access to neighboring cities and Los Angeles.
View more facts & features

Local Pasadena Agent

Sale History for 625 N Wilson Ave

Last sold for $1,585,000 on March 15th, 2021

  • March, 2021

  • Mar 15, 2021

    Date

    Sold

    CRMLS: 21688682

    $1,585,000

    Price

  • Mar 3, 2021

    Date

    Active Under Contract

    CRMLS: 21688682

    $1,600,000

    Price

  • Feb 3, 2021

    Date

    Active

    CRMLS: 21688682

    $1,600,000

    Price

  • May, 2018

  • May 29, 2018

    Date

    Expired

    CRMLS: 316007810

    --

    Price

  • Listing provided courtesy of CRMLS

    Fully rented great investment multi dwelling property located in highly desirable area of Pasadena. The property boosts 1 detached front house with 3 bedroom 2 bath and 2 units at the back with 2x2 and 3x2.5 bedroom and baths. All dwellings have their own separate gas and electric meters. Each dwelling has its own 2 car garage. Back 2 units have been recently constructed and all units are very well maintained.

  • May, 2018

  • May 29, 2018

    Date

    Expired

    CRMLS: 316001494

    --

    Price

  • Listing provided courtesy of CRMLS

    Fully rented great investment multi dwelling property located in highly desirable area of Pasadena. The property boosts 1 detached front house with 3 bedroom 2 bath and 2 units at the back with 2x2 and 3x2.5 bedroom and baths. All dwellings have their own separate gas and electric meters. Each dwelling has its own 2 car garage. Back 2 units have been recently constructed and all units are very well maintained.

  • June, 2017

  • Jun 2, 2017

    Date

    Expired

    CRMLS: P0-316007810

    $1,488,888

    Price

  • Listing provided courtesy of CRMLS

    Fully rented great investment multi dwelling property located in highly desirable area of Pasadena. The property boosts 1 detached front house with 3 bedroom 2 bath and 2 units at the back with 2x2 and 3x2.5 bedroom and baths. All dwellings have their own separate gas and electric meters. Each dwelling has its own 2 car garage. Back 2 units have been recently constructed and all units are very well maintained.

  • June, 2001

  • Jun 27, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2000

  • Sep 1, 2000

    Date

    Sold (Public Records)

    Public Records

    $205,000

    Price

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Tax History for 625 N Wilson Ave

Assessed Value (2020): $466,781
Year Land Value Improved Value Assessed Value
2020 $206,664 $260,117 $466,781

Home Value Compared to the Market

This property vs the competition

625 N Wilson Ave sold on March 15, 2021 for 33.33% 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 $394.19 per/sqft which puts the price per square foot 49.53% lower than the current median sale per square foot for the city of Pasadena.

About 625 N Wilson Ave

Detailed summary of property

625 N Wilson Ave is a multi family that recently sold in Pasadena, CA 91106. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 4,059 living square feet, and sits on an approximately 8,442 square foot lot. 625 N Wilson Ave was first listed on ArdentRealEstateGroup.com on February 3, 2021. The homeowner sold the property for $1,585,000. 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 33.33% higher than the current median priced home. Local homes that are currently for sale include 1853 Sinaloa Ave, 1821 E Woodbury Rd and 1798 N Summit Ave. While the average home in Pasadena, CA is selling in 56 days, 625 N Wilson Ave has a days on market of 27 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 625 N Wilson Ave Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 625 N Wilson Ave

Public county record property details
Beds
7
Baths
8
Year built
1932
Sq. Ft.
4,059
Lot Size
8,442
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5732-011-036

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,080,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
59
Median Sale to List Price %
100%
Avg Days on Market
29
Loan Type
Conventional (27.27%), FHA (0%), VA (0%), Cash (50%), Other (18.18%)

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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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