467 S El Molino Ave Pasadena, CA 91101
Madison Heights NeighborhoodEstimated payment $14,949/month
Total Views
4,864
6
Beds
7
Baths
4,004
Sq Ft
$587
Price per Sq Ft
Highlights
- No HOA
- Blair High School Rated A-
- Laundry Room
About This Home
PRICE ADJUSTMENT. Rare opportunity for both investors and developers to acquire this Prime location 6-unit property, with over a 12,000 sqft lot, in the heart of Pasadena. Approximately $12k/mo income. 2 short blocks from S. Lake Ave where shopping and restaurants are plentiful. Very close proximity to Old Town Pasadena, Cal Tech, Pasadena Convention Center and all freeways. Property has a medium-high density zoning CD-RM-32.
Listing Agent
Sotheby's International Realty Brokerage Phone: 818-426-6639 License #01294550 Listed on: 06/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,026
Year Built
- Built in 1946
Lot Details
- 0.28 Acre Lot
- 1 Common Wall
Parking
- 3 Car Garage
- 4 Carport Spaces
Home Design
- Apartment
Interior Spaces
- 4,004 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 5734 / 018
- Tax Tract Number 5
- Assessor Parcel Number 5734018005
- $1,443 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $11,950
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,026 | $2,287,031 | $1,592,958 | $694,073 |
| 2024 | $26,026 | $2,242,188 | $1,561,724 | $680,464 |
| 2023 | $25,809 | $2,198,224 | $1,531,102 | $667,122 |
| 2022 | $24,920 | $2,155,123 | $1,501,081 | $654,042 |
| 2021 | $23,904 | $2,112,867 | $1,471,649 | $641,218 |
| 2019 | $23,011 | $2,051,650 | $1,428,000 | $623,650 |
| 2018 | $3,159 | $171,839 | $65,693 | $106,146 |
| 2016 | $2,994 | $163,775 | $63,143 | $100,632 |
| 2015 | $2,957 | $161,316 | $62,195 | $99,121 |
| 2014 | $2,952 | $158,157 | $60,977 | $97,180 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $2,350,000 | 0.0% | $587 / Sq Ft |
| 08/25/2025 08/25/25 | Off Market | $2,350,000 | -- | -- |
| 08/13/2025 08/13/25 | Price Changed | $2,350,000 | -5.8% | $587 / Sq Ft |
| 06/24/2025 06/24/25 | For Sale | $2,495,000 | +24.1% | $623 / Sq Ft |
| 06/05/2018 06/05/18 | Sold | $2,010,000 | +6.1% | $502 / Sq Ft |
| 05/11/2018 05/11/18 | Pending | -- | -- | -- |
| 05/04/2018 05/04/18 | For Sale | $1,895,000 | -- | $473 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,010,000 | Wfg National Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | Commercial |
Source: Public Records
Similar Homes in Pasadena, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25137999
APN: 5734-018-005
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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. Properties may or may not be listed by the office/agent presenting the information
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