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629 Prescott St, Pasadena, CA 91104
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629 Prescott St Pasadena, CA 91104

$1,235,000 Sold Price as of 10/14/2021
  • 2 Beds
  • 6 Baths
  • -- Sq.Ft.
Sold
$1,235,000 Sold Price as of 10/14/2021 Refinance Your Mortgage
Map preview of 629 Prescott St, Pasadena, CA 91104

Property Overview: 629 Prescott St Pasadena, CA has 2 bedrooms, 6 bathrooms, -- living square feet and 4,739 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present for sale this turn-key, fully renovated five unit apartment property on a quiet residential street right around the corner from Washington Park. The front unit has 2 bedrooms and 2 bathrooms with a small porch and fenced in grass front yard and comes with 2 tandem parking spaces. The back four units feature private fenced courtyards that offer some extension of living space and each have their own stack washer and dryer inside. The plumbing, electrical, kitchens, bathrooms, and floors have all been updated making this an excellent investment property that will continually bring strong income and rent easily. Back four units have street parking, but on a mostly SFR street, so has ample amount of street parking.

Listed by Alexander Metaxas | BRE #01784652 | Realty Investment Advisors, Inc.
Co-listed by Benjamin J. Hsiang | BRE #01438644 | Realty Investment Advisors, Inc.
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 81

Home details

Lot Sq. Ft
4,739
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21747480
City
Pasadena
County
Los Angeles
Time on Site
1063 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.04
  • Gross Scheduled Income: --
  • Net Operating Income: $60,069
  • Gross Operating Income: $88,988
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 629 Prescott St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 5730002012
Location / Neighborhood
Location Information
  • Directions: South of Washington, between Los Robles and Lake Ave
View more facts & features

Local Pasadena Agent

Sale History for 629 Prescott St

Last sold for $1,235,000 on October 14th, 2021

  • August, 2021

  • Aug 31, 2021

    Date

    Active Under Contract

    CRMLS: 21747480

    $1,288,000

    Price

  • Aug 2, 2021

    Date

    Price Change

    CRMLS: 21747480

    $1,288,000

    Price

  • Jun 21, 2021

    Date

    Active

    CRMLS: 21747480

    $1,388,000

    Price

  • June, 2019

  • Jun 7, 2019

    Date

    Sold

    CRMLS: P0-819001422

    $710,000

    Price

  • Apr 29, 2019

    Date

    Pending

    CRMLS: P0-819001422

    $799,000

    Price

  • Apr 1, 2019

    Date

    Active

    CRMLS: P0-819001422

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the Craftsman Heights Landmark District is this unique opportunity to own 5 units! Built in 1923, this Spanish style complex sits in a lovely residential neighborhood with a community park just half a block away. The front unit has 1 bedroom, as well as a little den off the kitchen. The other 4 units are studios with a -3/4 bath and a kitchenette space. First time on the market in over 50 years, this property has been thoughfully maintained by the same family and awaits its new generation caretaker.

  • June, 2019

  • Jun 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $710,000

    Price

Show More

Tax History for 629 Prescott St

Assessed Value (2020): $724,200
Year Land Value Improved Value Assessed Value
2020 $579,360 $144,840 $724,200

Home Value Compared to the Market

This property vs the competition

629 Prescott St sold on October 14, 2021 for 3.04% higher than the current median sold price for the city of Pasadena which is $1,250,000.

About 629 Prescott St

Detailed summary of property

629 Prescott St is a multi family that recently sold in Pasadena, CA 91104. This multi family property offered 2 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 4,739 square foot lot. 629 Prescott St was first listed on ArdentRealEstateGroup.com on June 21, 2021. The homeowner sold the property for $1,235,000. 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 3.04% higher than the current median priced home. Local homes that are currently for sale include 311 N Avenue 59, 5938 E Echo St and 5745 Arroyo Dr. While the average home in Pasadena, CA is selling in 51 days, 629 Prescott St has a days on market of 81 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 629 Prescott St Pasadena, CA 91104 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 629 Prescott St

Public county record property details
Beds
5
Baths
5
Year built
1923
Sq. Ft.
1,764
Lot Size
4,739
Stories
--
Type
Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel
Pool
No
Spa
No
County
Los Angeles
Lot#
8,9
APN
5730-002-012

The source for these homes facts are from public records.

91104 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,256,000
Median List Price/Sq.Ft.
$869
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$849
Total Inventory
29
Median Sale to List Price %
120.12%
Avg Days on Market
20
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (30%), Other (30%)

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Recently Sold Homes Near 629 Prescott St

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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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