new - 3 hours on rocket

383 S El Molino Ave, Pasadena, CA, 91101

$1,688,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Baths
2,131 SqFt
$792/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

383 S El Molino Ave, Pasadena$1,688,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDoor-Multi, Driveway, Garage
Attached GarageYes
Year Built1951
HeatingCentral, Wall Furnace
CoolingCentral Air
MLS #24472869
Lot Size0.14 Acres
StatusActive

About 383 S El Molino Ave

TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe's make these excellent rentals or an owner user opportunity. There is one 2 Bed + 1 bath unit, approx. 900 SF +/- and two 1 Bed + 1 bath units, approx. 600 SF +/- each, (Buyer to independently verify square footages). Two units have been completely remodeled and offer wood flooring, recessed lighting, updated kitchens and bathrooms including cabinets/appliances and newer central AC and heat. The building features updated plumbing and electrical, a pitched roof that is in great condition and enclosed garages for three cars in addition to open parking on the driveway. A big value add play is the possibility to convert the garages to an ADU fourth unit, Buyer to verify with city. Each unit has its own water heater and they are separately metered for gas and electricity. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 2
  • Living Area: 2,131 SqFt

Listing Office:

  • Office Name: Realty Investment Advisors, Inc.
  • Listing Agent: Alexander Metaxas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Wall Furnace
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Just south of E. Del Mar Blvd., on the corner of S. El Molino Ave and Palm View Place

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,688,000
  • Price Per SqFt: $792/SqFt

Tax Information:

  • Annual Amount: $11,454
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Pasadena, CA.

Map thumbnail provided by MapBox

Pasadena, CA

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$766

Avg. Days On Market

32

# of Sold Homes

77

383 S El Molino Ave vs Pasadena

1 DAY ON ROCKET

-31 Days

$1,688,000

+$475.7K More

$792/SqFt

+$25 More

KEY TAKEAWAY

This property is $475.7K more than the Median Sold Price and $25/SqFt more than other homes in Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24472869

Listing Office:

  • Office Name: Realty Investment Advisors, Inc.
  • Listing Agent: Alexander Metaxas

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 08, 2016Home Sold
$940,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,454$1,007,868
2020$11,027$997,535
2019$11,221$977,976
2018$11,095$958,800
2017$11,095$940,000

History based on county public records data.

Payment Calculator

$8,492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,127

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4456565
4
/10

  • Madison Elementary School

  • 515 E Ashtabula St

  • 1.38 miles

  • Public District Grades PK-5

school-card-donut-4456566
6
/10

  • Hamilton Elementary School

  • 2089 Rose Villa St

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-4456567
8
/10

  • William L. Valentine Elementary School

  • 1650 Hntngtn Dr

  • 1.91 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,761. Typical income of Pasadena, CA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 383 S El Molino Ave

What is the listing price of this property?

The listing price of 383 S El Molino Ave property is $1,688,000.

What type of property is this?

The property 383 S El Molino Ave is a house located in Pasadena, California, 91101.

Is this property for sale now?

Active Listing: 383 S El Molino Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,454 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 8, 2016 for $940,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 383 S El Molino Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 383 S El Molino Ave is 2,131 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 383 S El Molino Ave is 1951.

Rocket Homes›California›Los Angeles County›Pasadena›91101›383 S El Molino Ave

This home is located at 383 S El Molino Ave in Pasadena, CA and zip code 91101 in the The Verdugos neighborhood. This 2,131 square foot home, which was built in 1951, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,688,000.

Pasadena, CA housing market in November 2024 saw over 43 listings sold above listed price, more than 13 sold at listed price and over 21 sold below. The number of homes for sale in Pasadena, CA decreased by 9.9% between October 2024 and November 2024. In November 2024 median list price was $1,212,217 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources