740 E Colorado Blvd Pasadena, CA 91101

$--

-- Beds
-- Baths
6,688 Sq.Ft.

Off Market

Map preview of 740 E Colorado Blvd, Pasadena, CA 91101

Property Overview: 740 E Colorado Blvd Pasadena, CA has -- bedrooms, -- bathrooms, 6,688 living square feet and 5,677 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

740 E Colorado Blvd 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 $756. 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 740 E Colorado Blvd

Last sold on December 8th, 2009

July, 2021
Jul 22, 2021

Date

Active

CRMLS: DW21160323

$7,250,000

Price
Listing provided courtesy of CRMLS

Please see supplement for details including rent roll. ***** OWNER MAY SELL THE CORNER PARCEL SEPERATELY- PLEASE CALL BROKER FOR DETAILS *****. Two addresses included: 740 and 760 E. Colorado Blvd. We are pleased to present this rare opportunity to acquire two separate buildings in the vibrant and bustling Downtown Pasadena. The corner parcel is located at the signalized intersection of Colorado Blvd and Oak Knoll Ave. There are a total of 5 ground floor retail units as well as office suites on the second floor of each building. The property has 9 on site parking spaces as well. Rents are currently averaging $2.27 psf GROSS, representing rental upside of approximately 30%. Also, over 60% of the center will be month to month within 2 years. At $495 per sq. ft., this property is priced well below the sales comparables in the area, representing an exceptional value.

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December, 2009
Dec 8, 2009

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 740 E Colorado Blvd

Assessed Value (2020): $1,251,102

Year	Land Value	Improved Value	Assessed Value
2020	$897,018	$354,084	$1,251,102

About 740 E Colorado Blvd

Detailed summary of property

740 E Colorado Blvd is categorized with a use code of Store/Office (Mixed Use) in Pasadena, CA 91101 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 6,688 living square feet, and sits on an approximately 5,677 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. Local nearby listings include 601 E Del Mar Blvd #407, 288 S Oakland Ave #107 and 39 S Los Robles Ave #4008. The average home in Pasadena, CA is selling in 59 days. There are currently 326 homes for sale in the Pasadena real estate market and 172 of them are single family homes while 118 of them are condos and 36 are townhomes. If you are the homeowner and looking to sell the home at 740 E Colorado 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 740 E Colorado Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1915
Sq. Ft.: 6,688
Lot Size: 5,677
Stories: 1

Type: Store/Office (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5734-013-001

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

$800,000

Median List Price/Sq.Ft.

$730

Median Sold Price

$800,000

Median Sold Price/Sq.Ft.

$798

Total Inventory

Median Sale to List Price %

99.01%

Avg Days on Market

Loan Type

Conventional (45.45%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

Thinking of Selling?

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(714) 706-1823

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