Welcome to RIO GRANDE Apartments, a unique and attractive investment opportunity in a prime Pasadena location. This well-maintained building features four identical units, each offering 2 bedrooms, 1 bathroom, and a generous 832 sq. ft. of living space. The units are equipped with solid wood front doors, modern kitchen cabinets, tile countertops, laminate flooring, double-pane windows, and three mini-split AC units. Notably, recent upgrades include two new water heaters installed in 2018 and a complete renovation of one unit in 2019. The downstairs units boast private backyards with gardens and new wooden fences, while the upstairs units feature private balconies. Each unit provides one garage parking space and one tandem parking spot. Located conveniently close to bus stops, grocery stores, restaurants, shops, and the Rose Bowl, with easy access to Old Town, downtown LA, and various Pasadena sports venues, the RIO GRANDE Apartments represent a highly sought-after rental property in the market.
Property Details
Property Features
Property Information:
Year Built: 1961
Stories: 2
Listing Office:
Office Name: Re/Max Premier Prop SanMarino
Office Phone: (626) 203-8269
Listing Agent: Jack Yang
Interior Features
Interior Information:
Appliances: Gas Range, Dryer, Washer
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Los Robles Ave and E Rio Grande
Price Information
Listing Price Info
Price Summary:
List Price: $1,790,000
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Housing Market Comparison
See how this home compares to others in Pasadena, CA.
This property is $577.7K 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: #AR24167775
Listing Office:
Office Name: Re/Max Premier Prop SanMarino
Office Phone: (626) 203-8269
Listing Agent: Jack Yang
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
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Washington Elementary School
1520 N Raymond Ave
Distance between this listing and this school0.44 miles
Public District Grades PK-5
6
/10
Longfellow Elementary School
1065 E Washington Blvd
Distance between this listing and this school0.71 miles
Public District Grades PK-5
4
/10
Madison Elementary School
515 E Ashtabula St
Distance between this listing and this school0.77 miles
Public District Grades PK-5
Nearby Schools
4
/10
Washington STEAM Multilingual Academy
1505 N Marengo Ave
Distance between this listing and this school0.34 miles
Public District Grades 6-8
4
/10
Charles W. Eliot Arts Magnet Academy
2184 Lake Ave
Distance between this listing and this school1.09 miles
Public District Grades 6-8
8
/10
Ocs - South
524 Palisade St
Distance between this listing and this school1.16 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
John Muir High School
1905 Lincoln Ave
Distance between this listing and this school1.22 miles
Public District Grades 9-12
6
/10
Marshall Fundamental
990 N Allen Ave
Distance between this listing and this school1.71 miles
Public District Grades 6-12
2
/10
Rose City High (Continuation)
351 S Hudson Ave
Distance between this listing and this school2.13 miles
The neighbors living near this home have an average income of $55,452. Most Pasadena, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 452 E Rio Grande St in Pasadena, CA and zip code 91104 in the The Verdugos neighborhood. This home, which was built in 1961, sits on a 0.18 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $1,790,000.
In November 2024 more than 43 listings in Pasadena, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 21 were sold below. Between October 2024 and November 2024, Pasadena, CA real estate market has seen decrease in the number of listings by 9.9%. In November 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $1,212,217.
From Rocket Homes Real Estate and based on county public records data.