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706 Prospect Ave, South Pasadena, CA, 91030

$1,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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706 Prospect Ave, South Pasadena$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDoor-Single, Garage, Garage Faces Rear, On Street, See Remarks
Garage3 spaces
Year Built1924
HeatingForced Air, Wall Furnace
CoolingNone
FireplaceLiving Room
ViewNone
MLS #P1-20212
Lot Size0.21 Acres
StatusActive

About 706 Prospect Ave

Do not miss this exceptional opportunity to own an amazing triplex in the charming city of South Pasadena, located within close proximity to shops, restaurants and the local farmer's market. All three units are vacant, have in-unit washer and dryer hookups and offer fantastic character details throughout. The front Spanish duplex was built in 1924 and consists of one-bedroom and one-bathroom in each of the two units. They are both complemented by tons of vintage charm and feature bright living rooms with coved ceilings, French windows, spacious dining rooms with built-in cabinetry, period moldings and hardwood flooring. They share a private backyard, which includes a delightful patio area, offering additional space for entertainment and relaxation. The detached spacious two-bedroom home in the back features stunning character details. From the formal entry, there is a spectacular combined living room and dining area with a post and beam vaulted ceiling. There is a cozy fireplace and a wall of sliding glass doors that open to a private backyard. The kitchen has recessed lighting and a convenient breakfast bar. One of the two bedrooms features sliding glass doors that open to an oversized laundry room (which could make a great spot for a potential second bathroom). The second generously-sized bedroom features delightful built-in cabinetry. A full bathroom completes this exceptional unit. There are three one-car garages off the back-alley entrance and all three of the units have new roofs. There are also separate gas and electric meters for each unit. This property is a rare gem in a sought-after location, offering versatile living options for owner-occupants, multigenerational living, or investors seeking strong rental potential. Welcome home!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish, See Remarks
  • Year Built: 1924
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (626) 584-0050
  • Listing Agent: Jenan Musulli

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Gas Range, Refrigerator, Range Hood
  • Flooring Type: Tile, Wood
  • Interior: Beamed Ceilings, Built-in Features, Coffered Ceiling(s), High Ceilings, Open Floorplan, Stone Counters, Recessed Lighting, Bedroom on Main Level
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Door-Single, Garage, Garage Faces Rear, On Street, See Remarks

Virtual/3D Tour

  • 3D Tour: 706 Prospect Ave
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: East of Orange Grove Blvd., North of Mission St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000

Tax Information:

  • Annual Amount: $7,109
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.6M

Med. Price/SqFt

$896

Avg. Days On Market

18

# of Sold Homes

11

706 Prospect Ave vs South Pasadena

7 DAYS ON ROCKET

-11 Days

$1,499,000

-$176K Less

KEY TAKEAWAY

This property is $176K less than the Median Sold Price in South Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-20212

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (626) 584-0050
  • Listing Agent: Jenan Musulli

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, 7:20:58 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

May 04, 1988Home Sold
$228,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,109$509,254
2020$6,902$504,033
2019$6,765$494,151
2018$6,674$484,463
2017$6,674$474,964

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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-4444727
8
/10
  • Arroyo Vista Elementary School

  • 335 El Centro St

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-4444728
7
/10
  • San Pascual STEAM Magnet

  • 815 San Pascual Ave

  • 0.81 miles

  • Public Magnet Grades KG-5

school-card-donut-4444729
9
/10
  • Marengo Elementary School

  • 1400 Marengo Ave

  • 0.84 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,509. Residents of South Pasadena, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountySouth Pasadena91030706 Prospect Ave

This home is located at 706 Prospect Ave in South Pasadena, CA and zip code 91030 in the The San Gabriel Valley neighborhood. This home, which was built in 1924, sits on a 0.21 acre lot. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $1,499,000.

In November 2024, from all listings sold in South Pasadena, CA there were more than 7 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in South Pasadena, CA between October 2024 and November 2024 decreased by 3.7%. Listings spent 18 days on the market in November 2024, and had a median list price of $1,675,000 during the same period.

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

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