12 days on rocket

409 N Mar Vista Ave, Pasadena, CA, 91106

$1,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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409 N Mar Vista Ave, Pasadena$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned, Driveway, Garage, Uncovered
Garage2 spaces
Year Built1928
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceLiving Room
ViewNone
MLS #AR24245044
Lot Size0.25 Acres
StatusActive

About 409 N Mar Vista Ave

409 N Mar Vista Ave, a value-add Triplex (3 unit) apartment community in the City of Pasadena. First time ever offered for sale since 1998 (26 years), the property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. Property is FULLY occupied with tenants, and will be delivered with tenants in place (SEE AGENT REMARK). The property was built in 1928, has a total of ±2,389 SF building size and situated on a large ±11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 3bedroom + 1bathroom (may be converted to 2bed by current tenant), and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). All tenants are on month to month. It offers ease of maintenance and high demand due to its location and layout. The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADU’s conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property. Make sure to see agent remark.

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor
  • Year Built: 1928
  • Stories: 1

Listing Office:

  • Office Name: Growth Investment Group Pasade
  • Office Phone: (626) 224-2495
  • Listing Agent: Han Chen

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Wood
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Driveway, Garage, Uncovered

Lot Features

Lot Information:

  • Lot: Front Yard, Garden, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Fwy 210 exit Lake Ave, go north and then east - its 3 blocks east of Lake Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000

Tax Information:

  • Annual Amount: $4,002
  • Tax Year: 2021
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Housing Market Comparison

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

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Pasadena, CA

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$766

Avg. Days On Market

32

# of Sold Homes

77

409 N Mar Vista Ave vs Pasadena

12 DAYS ON ROCKET

-20 Days

$1,350,000

+$137.7K More

KEY TAKEAWAY

This property is $137.7K more than the Median Sold Price in Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR24245044

Listing Office:

  • Office Name: Growth Investment Group Pasade
  • Office Phone: (626) 224-2495
  • Listing Agent: Han Chen

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, 3:20:58 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

Nov 05, 1998Home Sold
$198,000
Jul 02, 1996Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,002$295,125
2020$3,870$292,100
2019$3,840$286,374
2018$3,785$280,760
2017$3,785$275,256

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-4358907
4
/10

  • Madison Elementary School

  • 515 E Ashtabula St

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-4358908
6
/10

  • Longfellow Elementary School

  • 1065 E Washington Blvd

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-4358909
6
/10

  • Hamilton Elementary School

  • 2089 Rose Villa St

  • 1.41 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,625. The most common annual income of people living in Pasadena, CA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Pasadena›91106›409 N Mar Vista Ave

This home is located at 409 N Mar Vista Ave in Pasadena, CA and zip code 91106 in the The Verdugos neighborhood. This home, which was built in 1928, sits on a 0.25 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $1,350,000.

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 listings 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.

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