#WS24247971, JENNIFER WHELAN, Listing Office: A-Z REALTY & INVESTMENT CORP
112 N Mar Vista Ave Pasadena, CA 91106
$4,100,000 List price
0.2 acres
Condo
Property details
About 112 N Mar Vista Ave
A very well-maintained property in an excellent location only several blocks away from CALTECH and Pasadena City College. With a walk score of 94 and proximity to many amenities in the area including Lake Ave District and Old Town Pasadena and flurries of restaurants along Colorado Blvd, this community offers an ease of management and easy to rent investment. Offered at close to 5% CAP Rate, this investment presents an excellent opportunity for savvy investors to buy a very well-located apartment with no known deferred maintenance and excellent in-place rents. The property was built in 1959 and situated on southeast corner of Mar Vista Ave and Union St. It has a total of ±6,920SF building size and is situated on a large ±8,744SF R4 lot. It has small lawn in the front with side paver stone courtyard that provides easy access to units. The roof is in excellent condition and the property has updated exterior paint. It offers an excellent unit mix of two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. Approximately 8 out of 10 of the units have had upgrades with updated kitchen, updated flooring and updated bathroom (buyer to verify). The units are spacious and bright with updated dual pane windows throughout. There are 9 parking spaces provided by carports in the back – there is no soft story retrofit required. Parking is secured by an automatic parking gate. There is a shared laundry room with seller’s own machines. Each unit is separately metered for gas and electricity. The property is located within the central Pasadena area (near Pasadena City College and California Institute of Technology), south of 210 Freeway and just within minutes to Old Town Pasadena area. Boasting a Walk Score of 94 with SUPERB demographics, it offers a superior location with easy access to FWY 210 and FWY 134. It is approximately a mile away from Pasadena Playhouse District, and around ±1.8miles from Old Town Pasadena. It is also just minutes from The Pasadena Convention Center, Norton Simon Museum, Pacific Asia Museum, shopping and dining in the area. The property has superb access to FWY 210 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.2006 Acres
Year built1959
ParkingAssigned, Detached Carport
MLS #AR24245071
ViewMountain(s)
Summary
- MLS Number: AR24245071
- MLS Name: CRMLS
- Office Name: Growth Investment Group Pasade
- Office Email: han.chen@growthinvestmentgroup.com
- Listing Agent: Han Chen
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: 2/8/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,100,000
112 N Mar Vista Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 2014 | Home Sold | $2,125,000 |
| Jul 01, 2010 | Home Sold | $675,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,504,822 | $29,599 |
| 2023 | $2,455,728 | $29,356 |
| 2022 | $2,407,597 | $28,359 |
| 2021 | $2,360,410 | $27,205 |
| 2020 | $2,335,242 | $26,199 |
| 2019 | $2,289,454 | $26,674 |
| 2018 | $2,244,564 | $26,388 |
| 2017 | $2,200,554 | $26,388 |
History based on county public records data.
Nearby schools
4
Madison Elementary School
Public District PK-5
1.1 mi
•515 E Ashtabula St
6
Hamilton Elementary School
Public District PK-5
1.2 mi
•2089 Rose Villa St
6
Longfellow Elementary School
Public District PK-5
1.5 mi
•1065 E Washington Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,019. Typical income of Pasadena, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
17%
<35k
56%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
63%
Single, No Kids
8%
Single, with Kids
19%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
45%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Hiking/backpacking
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 112 N Mar Vista Ave
This home is located at 112 N Mar Vista Ave in Pasadena, CA and zip code 91106 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $4,100,000.
Pasadena, CA housing market in January 2025 saw over 22 listings sold above listed price, more than 9 sold at listed price and over 23 sold below. The number of listings in Pasadena, CA increased by 16.2% between December and January 2025. While the average time on the market in January 2025 was 47 days, the median list price was $1,218,933.
From Rocket Homes Real Estate and based on county public records data.