These 3 Bungalow units are in the heart of South Pasadena consisting of a 3 bedroom, 2 bathroom, den/convertible bedroom, living room home, 1,047 sf (M), and 2 - 1 bedroom, 1 bathroom with living room, patio or gated side yard, measuring 559 sf and 608 sf. Great opportunity to live in one unit and enjoy the income from the other units or keep as a long-term investment. Owned by the same family since 1980, these units still maintain some of the original charm and are ready for a refresh. Each unit comes with its own stove and refrigerator and there is shared laundry enclosure with washer and dryer on the exterior of the front building. A large concrete pad provides space for 6 cars, parked tandem off-street. Landlord pays water, trash, and gardener. Tenants pay gas and electric. Gas and Electric are metered separately. There is additional land that may provide space for ADU (buyer to verify). A block from the Metro Station and just yards from the weekly Farmer's Market, shops, restaurants, and library. Offering South Pasadena schools. Property is on the city's historic list. 1020 Meridian (3bd/2ba + bonus room): To be Delivered Vacant at Close of Escrow. 1020 1/2 Meridian: Tenant Occupied. 1020 1/4 Meridian: Tenant Occupied.
Sold for $1,850,000
Listed by: Markey & Associates • Sarah Halpin • Contact: 626-664-1598
Bought with: Remax Dream Properties
$1,850,000
1020 Meridian Ave, South Pasadena, CA 91030
5beds
3baths
2,214sqft
Triplex
Built in 1901
-- sqft lot
$1,823,700 Zestimate®
$836/sqft
$3,672 Estimated rent
Home value
$1,823,700
$1.64M - $2.02M
$3,672/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sarah Halpin DRE #01405135 626-664-1598,
Markey & Associates
Bought with:
Rainbow Yuen, DRE #02052726
Remax Dream Properties
Source: CRMLS,MLS#: P1-20278
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Floor Furnace, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Free-Standing Range, Refrigerator, Dryer, Washer
- Laundry: Common Area
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,214
- Total interior livable area: 2,214 sqft
Property
Parking
- Total spaces: 6
- Parking features: Concrete
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Needs Repair,Wood
- Has view: Yes
- View description: None
- Park: Orange Grove Park
Lot
- Size: 9,474 Square Feet
- Features: Drip Irrigation/Bubblers
Details
- Parcel number: 5315006021
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,See Remarks
- Property subtype: Triplex
Materials
- Foundation: Raised, Slab
- Roof: Composition
Condition
- Fixer,Repairs Major
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Not Applicable
Location
- Region: South Pasadena
Financial & listing details
- Price per square foot: $836/sqft
- Tax assessed value: $158,562
- Annual tax amount: $2,908
- Date on market: 1/7/2025
- Cumulative days on market: 9 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Inclusions: 1020 - stove, refrigerator, dishwasher1020 1/4 - stove, refrigerator1020 1/2 - stove, refrigeratorCommon area exterior laundry closet - washer/dryer (shared by all 3 units). All personal property is sold in its ''AS IS'' condition.
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2025 | Listing removed | $5,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2025 | Listed for rent | $5,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/27/2025 | Sold | $1,850,000+32.3%$836/sqft |
Source:  CRMLS #P1-20278 Report a problem | ||
| 1/25/2025 | Pending sale | $1,398,000$631/sqft |
Source: CRMLS #P1-20278 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,908 -0.7% | $158,562 +2% |
| 2024 | $2,928 +2% | $155,454 +2% |
| 2023 | $2,871 +2.1% | $152,407 +2% |
| 2022 | $2,812 +2.1% | $149,420 +2% |
| 2021 | $2,755 +1.5% | $146,491 +1% |
| 2020 | $2,715 | $144,990 +2% |
| 2019 | $2,715 +8.2% | $142,148 +2% |
| 2018 | $2,509 | $139,362 +2% |
| 2017 | $2,509 +1.5% | $136,630 +2% |
| 2016 | $2,472 +5.4% | $133,952 +1.5% |
| 2015 | $2,345 +1.9% | $131,941 +2% |
| 2014 | $2,301 | $129,357 +4.5% |
| 2011 | -- | $123,774 +0.8% |
| 2010 | -- | $122,850 -0.2% |
| 2009 | -- | $123,143 +4% |
| 2007 | -- | $118,363 +2% |
| 2006 | -- | $116,043 |
| 2005 | -- | $116,043 +6% |
| 2003 | -- | $109,495 +2% |
| 2002 | -- | $107,349 +4% |
| 2000 | -- | $103,182 |
Find assessor info on the county website
Neighborhood: 91030
Nearby homes
- $--1 bd1 ba-- sqft1020 Meridian Ave #1/2, South Pasadena, CA 91030Off Market
- $1,831,1002 bd1 ba1.3k sqft1024 Meridian Ave, South Pasadena, CA 91030Off Market
- $2,462,0003 bd2 ba1.2k sqft1100 Meridian Ave, South Pasadena, CA 91030Sold
- $1,376,4003 bd2 ba1.1k sqft1021 Diamond Ave, South Pasadena, CA 91030Off Market
- $1,875,0004 bd3 ba1.8k sqft1017 Diamond Ave, South Pasadena, CA 91030Sold
- $1,343,9002 bd1 ba1k sqft1025 Diamond Ave, South Pasadena, CA 91030Off Market
- $1,732,1003 bd2 ba1.8k sqft1015 Diamond Ave, South Pasadena, CA 91030Off Market
- $--1 bd1 ba800 sqft1101 Diamond Ave #1101, South Pasadena, CA 91030Off Market
Nearby schools
GreatSchools rating
- 9/10Arroyo Vista Elementary SchoolGrades: K-5Distance: 0.6 mi
- 10/10South Pasadena Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10South Pasadena Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$1,823,700
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Estimated market value
$1,823,700
- California
- Los Angeles County
- South Pasadena
- 91030
- 1020 Meridian Ave
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