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!
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
Owner options
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$3,488/mo
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$16,074/mo
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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
| Date | Event | Price |
|---|---|---|
| 9/11/2023 | Sold | $2,510,000+35.7%$1,382/sqft |
Source: Public Record Report a problem | ||
| 3/11/2022 | Sold | $1,850,000-7.5%$1,019/sqft |
Source: Public Record Report a problem | ||
| 1/28/2022 | Contingent | $2,000,000$1,101/sqft |
Source: | ||
| 1/5/2022 | Listed for sale | $2,000,000$1,101/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 2/10McKinley SchoolGrades: K-8Distance: 0.3 mi
- 4/10Blair High SchoolGrades: 6-12Distance: 1.4 mi
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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
- California
- Los Angeles County
- Pasadena
- 91106
- South
- 228 S Mentor Ave