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Sold for $2,510,000
  • $2,510,000

    228 S Mentor Ave, Pasadena, CA 91106

    3beds
    0baths
    1,816sqft
    MultiFamily
    Built in 1906
    -- sqft lot
    $2,389,500 Zestimate®
    $1,382/sqft
    $3,488 Estimated rent

    Home value

    $2,389,500

    $2.15M - $2.68M

    $3,488/mo

    Zestimate® history
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    $16,074/mo

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    $16,074/mo

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    What's special

    This property presents an extremely rare opportunity to acquire an 11,010 SF lot with an existing duplex, in the heart of Pasadena's South Lake Avenue business district. South Lake is known for its major office plazas, dining, and shopping options, all of which are steps away from the property. In addition, the site is ideally located just blocks from the California Institute of Technology (Caltech), and not far from other Pasadena districts such as the Playhouse District and Old Town Pasadena. The front unit (230) abounds with early 1900's character and craftsman details such as a welcoming front porch & wood siding, hardwood floors, crown moulding, and built-in features in both the living room and dining room. The adjacent kitchen leads into a large laundry room with washer/dryer hookup and laundry sink. Both bedrooms are large and are connected by a full bathroom with a shower over tub. The back unit (228) has one bed, one bath, and a large back patio area and is currently tenant occupied. The oversized yard features room for at least 4 cars, an open patio, garden boxes, shed & garage (used for storage by owner) & an abundance of open space that is only limited by your imagination. This incredible opportunity won't last long!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Appliances
    • Laundry: Individual Room, Inside
    Features
    • Built-In Features
    • Windows: Blinds, Drapes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,816 sqft

    Property

    Features
    • Fencing: Block
    Lot
    • Size: 0.25 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 5735028003
    • Special conditions: Standard, Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    Condition
    • Year built: 1906

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $1,382/sqft
    • Tax assessed value: $2,560,200
    • Annual tax amount: $29,406

    Price history

    DateEventPrice
    9/11/2023Sold$2,510,000+35.7%$1,382/sqft
    Source: Public Record Report a problem
    3/11/2022Sold$1,850,000-7.5%$1,019/sqft
    Source: Public Record Report a problem
    1/28/2022Contingent$2,000,000$1,101/sqft
    Source: Pasadena Foothills MLS #P1-7836 Report a problem
    1/5/2022Listed for sale$2,000,000$1,101/sqft
    Source: Pasadena Foothills MLS #P1-7836 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,406 +4.6%$2,560,200 +2%
    2024$28,108 +30.6%$2,510,000 +33%
    2023$21,518 +781.7%$1,887,000 +1020.4%
    2022$2,441 +4.2%$168,429 +2%
    2021$2,342 +3.4%$165,127 +1%
    2020$2,265 $163,434 +2%
    2019$2,265 +1.8%$160,230 +2%
    2018$2,225 $157,089 +2%
    2017$2,225 +1.7%$154,010 +2%
    2016$2,188 +3%$150,991 +1.5%
    2015$2,124 +2.3%$148,723 +2%
    2014$2,077 $145,811 +4.5%
    2011-- $139,519 +0.5%
    2009-- $138,807 +2%
    2008-- $136,086 +2%
    2007-- $133,419 +2%
    2006-- $130,804
    2005-- $130,804 +4%
    2004-- $125,726 +1.9%
    2003-- $123,423 +2%
    2002-- $121,003 +4%
    2000-- $116,307
    Find assessor info on the county website

    Neighborhood: South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,389,500
    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
    $2,389,500