New - 1 day on Rocket
$10,000 Closing Credit¹
Barbara Campanella, Listing Office: Coldwell Banker Realty
$10,000
closing credit¹
383 S El Molino Ave Pasadena, CA 91101
$1,688,000 List price
$10,000
Closing credit¹
4 beds
3 baths
2,131 sqft
0.1 acres
$792 / sqft
House
Property details
About 383 S El Molino Ave
TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe's make these excellent rentals or an owner user opportunity. There is one 2 Bed + 1 bath unit, approx. 900 SF +/- and two 1 Bed + 1 bath units, approx. 600 SF +/- each, (Buyer to independently verify square footages). Two units have been completely remodeled and offer wood flooring, recessed lighting, updated kitchens and bathrooms including cabinets/appliances and newer central AC and heat. The building features updated plumbing and electrical, a pitched roof that is in great condition and enclosed garages for three cars in addition to open parking on the driveway. A big value add play is the possibility to convert the garages to an ADU fourth unit, Buyer to verify with city. Each unit has its own water heater and they are separately metered for gas and electricity. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
Highlights
Home typeOther
HeatingCentral, Wall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size2,131 sqft
Lot size0.1352 Acres
Year built1951
ParkingDoor-Multi, Driveway, Garage
MLS #24472869
Attached garageYes
Summary
- MLS Number: 24472869
- MLS Name: CRMLS
- Office Name: Realty Investment Advisors, Inc.
- Listing Agent: Alexander Metaxas
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: 1/22/2025, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,688,000
383 S El Molino Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 08, 2016 | Home Sold | $940,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $1,007,868 | $11,454 |
| 2020 | $997,535 | $11,027 |
| 2019 | $977,976 | $11,221 |
| 2018 | $958,800 | $11,095 |
| 2017 | $940,000 | $11,095 |
History based on county public records data.
Nearby schools
4
Madison Elementary School
Public District PK-5
1.4 mi
•515 E Ashtabula St
6
Hamilton Elementary School
Public District PK-5
1.7 mi
•2089 Rose Villa St
8
William L. Valentine Elementary School
Public District KG-5
1.9 mi
•1650 Hntngtn Dr
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 $65,761. The majority of Pasadena, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
43%
35k-100k
18%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
73%
Single, No Kids
3%
Single, with Kids
16%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
2%
12-17 yrs old
39%
18-34 yrs old
36%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Tennis
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 383 S El Molino Ave
This home is located at 383 S El Molino Ave in Pasadena, CA and zip code 91101 in the The Verdugos neighborhood. This 2,131 square foot home, which was built in 1951, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,688,000.
In December 2024 more than 27 listings in Pasadena, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 17 were sold below. The number of homes for sale in Pasadena, CA decreased by 12.5% between November and December 2024. The median list price of listings available in December 2024 was $1,216,222, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.