Located in the East Washington Village section of Pasadena, this 3-unit property offers an ideal opportunity for an owner-user or investor. This property currently consists of 3 fully updated units measuring approx. 2,067sf. Approved City plans are available to convert an existing storage into a 202sf. ADU that is located at the rear of the property are also included. The existing multi-use studio/storage is ideal as an ADU-unit, a home office, guest quarters or hobby shop. The property provides great cash-flow with room for revenue improvement and consists of: Two - 2 bedroom and 1 bath units, One - 1 bedroom and 1 bath unit and a separate studio/home office with a 3/4 bath. Tastefully updated and well maintained, these units offer newer kitchens with built-in appliances, updated bathrooms, updated windows and doors, newer laminate flooring, newer cabinets and countersign addition to updated electrical and plumbing. Each unit(except the studio) has its own laundry connections. The property includes parking for up to 4-vehicles, 4 electrical and 4 gas meters. Situated within walking distance of the local shops on Washington Blvd. and only minutes away from the local schools and transportation.
Sold for $1,303,000
Listing Provided by: Compass
Bought with: Keller Williams Beverly Hills
$1,303,000
1507 Wesley Ave, Pasadena, CA 91104
5beds
3baths
2,067sqft
Triplex
Built in 1923
-- sqft lot
$1,400,900 Zestimate®
$630/sqft
$3,064 Estimated rent
Home value
$1,400,900
$1.30M - $1.53M
$3,064/mo
Zestimate® history
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Guest quartersBuilt-in appliancesNewer kitchensNewer cabinetsUpdated windowsUpdated electricalUpdated bathrooms
Zillow last checked:
Listing updated:
Listing Provided by:
Luther Tsinoglou DRE #01135433 626-695-8650,
Compass
Bought with:
Gary Wat, DRE #01968039
Keller Williams Beverly Hills
Source: CRMLS,MLS#: AR24009349
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Heat Pump, Natural Gas, Wall Furnace
Appliances
- Laundry: In Kitchen, Outside, See Remarks, Stacked
Features
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,067
- Total interior livable area: 2,067 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Exterior features: Lighting
- Pool features: None
Lot
- Size: 7,358 sqft
- Features: Front Yard, Lawn, Rectangular Lot, Street Level, Walkstreet, Yard
Details
- Additional structures: Shed(s)
- Parcel number: 5850017022
- Zoning: PSR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Pasadena
HOA & financial
Other financial information
- Total actual rent: 6700
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,1031 Exchange
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2024 | Sold | $1,303,000+0.4%$630/sqft |
Source:  CRMLS #AR24009349 Report a problem | ||
| 2/16/2024 | Pending sale | $1,298,000$628/sqft |
Source: CRMLS #AR24009349 Report a problem | ||
| 1/30/2024 | Contingent | $1,298,000$628/sqft |
Source: CRMLS #AR24009349 Report a problem | ||
| 1/17/2024 | Listed for sale | $1,298,000+8.6%$628/sqft |
Source: CRMLS #AR24009349 Report a problem | ||
| 4/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/15/2022 | Price change | $1,900+11.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/5/2022 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/15/2021 | Listing removed | $1,195,000$578/sqft |
Source:  CRMLS #AR20225974 Report a problem | ||
| 10/27/2020 | Listed for sale | $1,195,000+3.9%$578/sqft |
Source: Deasy Penner Podley #AR20225974 Report a problem | ||
| 9/1/2018 | Listing removed | $1,150,000$556/sqft |
Source: California Regional MLS #AR18102340 Report a problem | ||
| 6/5/2018 | Price change | $1,150,000-3.8%$556/sqft |
Source: California Regional MLS #AR18102340 Report a problem | ||
| 5/3/2018 | Listed for sale | $1,195,000+59.5%$578/sqft |
Source: California Regional MLS #AR18102340 Report a problem | ||
| 8/21/2014 | Listing removed | $749,000$362/sqft |
Source: Podley Properties #AR14108745 Report a problem | ||
| 6/21/2014 | Price change | $749,000-2.6%$362/sqft |
Source: Podley Properties #AR14108745 Report a problem | ||
| 5/27/2014 | Listed for sale | $769,000+76.8%$372/sqft |
Source: Podley Properties #AR14108745 Report a problem | ||
| 6/24/2003 | Sold | $435,000$210/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,882 +108.1% | $1,329,060 +115.2% |
| 2024 | $7,633 +0.9% | $617,651 +2% |
| 2023 | $7,568 +3.4% | $605,541 +2% |
| 2022 | $7,316 +0.1% | $593,669 +2% |
| 2021 | $7,311 +9.7% | $582,030 +1% |
| 2020 | $6,663 | $576,063 +2% |
| 2019 | $6,663 -1.6% | $564,769 +2% |
| 2018 | $6,771 | $553,696 +2% |
| 2017 | $6,771 +1.2% | $542,840 +2% |
| 2016 | $6,688 +2.3% | $532,197 +1.5% |
| 2015 | $6,539 +3% | $524,204 +2% |
| 2014 | $6,349 | $513,937 +2.5% |
| 2012 | -- | $501,584 +2% |
| 2011 | -- | $491,750 +0.8% |
| 2010 | -- | $488,075 -0.2% |
| 2009 | -- | $489,235 +2% |
| 2008 | -- | $479,643 +2% |
| 2007 | -- | $470,240 +2% |
| 2006 | -- | $461,020 |
| 2005 | -- | $461,020 +4% |
| 2004 | -- | $443,121 +99.2% |
| 2003 | -- | $222,410 +2% |
| 2002 | -- | $218,050 +29.8% |
| 2000 | -- | $168,000 |
Find assessor info on the county website
Neighborhood: East Central
Nearby schools
GreatSchools rating
- 5/10Daniel Webster SchoolGrades: K-5Distance: 0.8 mi
- 2/10Eliot Arts MagnetGrades: 6-8Distance: 1 mi
- 7/10Pasadena High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,400,900
Get a cash offer in 3 minutes
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Estimated market value
$1,400,900
- California
- Los Angeles County
- Pasadena
- 91104
- East Central
- 1507 Wesley Ave
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