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Sold for $1,303,000
    • Listed by: Compass • Luther Tsinoglou • Contact: 626-695-8650
    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
    $1,400,300 Zestimate®
    $630/sqft
    $3,232 Estimated rent

    Home value

    $1,400,300

    $1.30M - $1.53M

    $3,232/mo

    Zestimate® history
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    What's special

    Guest quartersBuilt-in appliancesNewer kitchensNewer cabinetsUpdated windowsUpdated electricalUpdated bathrooms
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Luther Tsinoglou DRE #01135433 626-695-8650,

    Compass

    Bought with:

    Gary Wat, DRE #01968039

    Keller Williams Beverly Hills

    Source: CRMLS,MLS#: AR24009349MLS LogoOriginating MLS: California Regional MLS

    Facts & 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 Square Feet
    • 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 & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $630/sqft
    • Tax assessed value: $1,355,641
    • Date on market: 1/17/2024
    • Cumulative days on market: 13 days
    • Listing terms: Cash,Cash to Existing Loan,1031 Exchange
    • Total actual rent: 6700
    • Tenant pays: Electricity, Gas, Telephone
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/23/2024Sold$1,303,000+0.4%$630/sqft
    Source: CRMLS #AR24009349 Report a problem
    2/16/2024Pending sale$1,298,000$628/sqft
    Source: CRMLS #AR24009349 Report a problem
    1/30/2024Contingent$1,298,000$628/sqft
    Source: CRMLS #AR24009349 Report a problem
    1/17/2024Listed for sale$1,298,000+8.6%$628/sqft
    Source: CRMLS #AR24009349 Report a problem
    4/17/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/15/2022Price change$1,900+11.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/5/2022Listed for rent$1,700$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/15/2021Listing removed$1,195,000$578/sqft
    Source: CRMLS #AR20225974 Report a problem
    10/27/2020Listed for sale$1,195,000+3.9%$578/sqft
    Source: Deasy Penner Podley #AR20225974 Report a problem
    9/1/2018Listing removed$1,150,000$556/sqft
    Source: California Regional MLS #AR18102340 Report a problem
    6/5/2018Price change$1,150,000-3.8%$556/sqft
    Source: California Regional MLS #AR18102340 Report a problem
    5/3/2018Listed for sale$1,195,000+59.5%$578/sqft
    Source: California Regional MLS #AR18102340 Report a problem
    8/21/2014Listing removed$749,000$362/sqft
    Source: Podley Properties #AR14108745 Report a problem
    6/21/2014Price change$749,000-2.6%$362/sqft
    Source: Podley Properties #AR14108745 Report a problem
    5/27/2014Listed for sale$769,000+76.8%$372/sqft
    Source: Podley Properties #AR14108745 Report a problem
    6/24/2003Sold$435,000$210/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,355,641 +2%
    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

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    Estimated market value
    $1,400,300
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    Estimated market value
    $1,400,300

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