#OC24222556, Lily Nguyen, Listing Office: Berkshire Hathaway HomeService
409 N Mar Vista Ave Pasadena, CA 91106
Property details
About 409 N Mar Vista Ave
409 N Mar Vista Ave, a value-add fully tenants occupied Triplex (3 unit) apartment community in the City of Pasadena. The property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. The property was built in 1928, has a total of ±2,389 SF building size and situated on a large ±11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 2bedroom + 1bathroom, and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). It offers ease of maintenance and high demand due to its location and layout. Each unit is unique with plenty of charm and characters, the front house #409 and back unit #411-1/2 have arched ceiling in the living room, front house has central HVAC unit, each unit has original hardwood floor, dining area, laundry hookups, large private backyard, and so much more. The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADU’s conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property. The back building (2 units) is using water that’s on 413 N Mar Vista – Buyer will cooperate with Seller post-closing to split the meter. Tenant in the last unit is seller's relative.
Highlights
Summary
- MLS Number: AR25030477
- 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.
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Last updated on: 2/25/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,450,000
409 N Mar Vista Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 05, 1998 | Home Sold | $198,000 |
Jul 02, 1996 | Home Sold | $52,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $313,186 | $4,347 |
2023 | $307,046 | $4,307 |
2022 | $301,026 | $4,170 |
2021 | $295,125 | $4,002 |
2020 | $292,100 | $3,870 |
2019 | $286,374 | $3,840 |
2018 | $280,760 | $3,785 |
2017 | $275,256 | $3,785 |
History based on county public records data.
Nearby schools
4
James Madison Elementary School
Public District KG-5
0.8 mi
•515 E Ashtabula St
6
Longfellow Magnet School
Public District KG-5
1.1 mi
•1065 E Washington Blvd
6
Alexander Hamilton Elementary School
Public District KG-5
1.4 mi
•2089 Rose Villa St
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 $60,625. Typical income of Pasadena, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 409 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 February 11, 2025 and is currently priced at $1,450,000.
In January 2025, from all listings sold in Pasadena, CA there were more than 22 sold above asking price, over 23 sold below and more than 9 were sold right at the asked price. Between December and January 2025, Pasadena, CA real estate market has seen increase in the number of listings by 16.2%. In January 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $1,218,933.