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Off market
  • $1,250,200

    1016 N El Molino Ave, Pasadena, CA 91104

    5beds
    1,916sqft
    MultiFamily
    Built in 1921
    -- sqft lot
    $1,250,200 Zestimate®
    $653/sqft
    $2,703 Estimated rent

    Home value

    $1,250,200

    $1.13M - $1.38M

    $2,703/mo

    Zestimate® history
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    $2,703/mo

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    $7,965/mo

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    What's special

    Located in the Washington Square Landmark District, this 3 unit property has tons of upside potential. The front house is a handsome bungalow with 3 BR/1.5 BA, charming front porch and has a 1 car garage with tons of storage. Attached to the garage is unit #1 which is a cute 1 BR/1 BA apartment. Unit #2 is a small cottage with 1 BR/1 BA as well. None of the units share common walls with the living space of another unit. There is a new 1 1/4' copper main line to the property and the front house has been re-piped and is all copper. Each unit has it's own yard and their own assigned parking spaces. All rents are under market value at present and could be increased. Two of the current leases go month to month after Aug. and one in Oct. With some TLC the sky is the limit on this one.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Wall
    Cooling
    • Wall
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,916 sqft

    Property

    Parking
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 7,772 Square Feet
    Details
    • Parcel number: 5730023007

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1921

    Community & HOA

    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $653/sqft
    • Tax assessed value: $1,118,243
    • Annual tax amount: $13,495

    Price history

    DateEventPrice
    8/9/2017Sold$839,000-5.5%$438/sqft
    Source: Pasadena Foothills MLS #817000144 Report a problem
    7/5/2017Pending sale$888,000$463/sqft
    Source: Coldwell Banker Residential Brokerage - Pasadena #817000144 Report a problem
    6/11/2017Listed for sale$888,000$463/sqft
    Source: Coldwell Banker #817000144 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,495 +5.2%$1,118,243 +2%
    2024$12,830 +0.9%$1,096,317 +2%
    2023$12,722 +3.6%$1,074,822 +2%
    2022$12,285 +4.2%$1,053,748 +2%
    2021$11,789 +4.1%$1,033,087 +1%
    2020$11,323 $1,022,495 +19.5%
    2019$11,323 +14.1%$855,780 +2%
    2018$9,926 $839,000 +1382.6%
    2017$9,926 +690.8%$56,589 +2%
    2016$1,255 +4.1%$55,480 +1.5%
    2015$1,205 +0.9%$54,648 +2%
    2014$1,195 $53,578 +4.5%
    2011-- $51,267 +0.8%
    2010-- $50,885 -0.2%
    2009-- $51,007 +2%
    2008-- $50,008 +4%
    2006-- $48,068
    2005-- $48,068 +4%
    2004-- $46,203 +3.9%
    2002-- $44,468 +4%
    2000-- $42,743
    Find assessor info on the county website

    Neighborhood: North Central

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,250,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,250,200