PRICED TO SELL. Rare opportunity for both investors and developers to acquire this Prime location 6-unit property, with over a 12,000 sqft lot, in the heart of Pasadena. Hold on to it as is, build a couple ADU's or new development. Approximately $12k/mo income. 2 short blocks from S. Lake Ave where shopping and restaurants are plentiful. Very close proximity to Old Town Pasadena, Cal Tech, Pasadena Convention Center and all freeways. Property has a medium-high density zoning CD-RM-32.
Sold for $1,970,000
Listed by: Sotheby's International Realty • Darius Majlessi • Contact: 818-426-6639
Bought with: Standard Prosperity
$1,970,000
467 S El Molino Ave, Pasadena, CA 91101
6beds
7baths
4,004sqft
Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$492/sqft
$7,166 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,166/mo
Zestimate® history
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$12,491/mo
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List your homeWhat's special
Prime location
Zillow last checked:
Listing updated:
Listed by:
Darius Majlessi DRE #01294550 818-426-6639,
Sotheby's International Realty
Bought with:
James Kuang, DRE #01906627
Standard Prosperity
Source: CRMLS,MLS#: SR25217524
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
Appliances
- Laundry: Common Area, Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,004
- Total interior livable area: 4,004 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage, Carport
- Garage spaces: 3
- Carport spaces: 4
- Covered spaces: 7
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
Lot
- Size: 0.28 Acres
- Dimensions: 60 x 200
Details
- Parcel number: 5734018005
- Zoning: PSR3-RM32
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $492/sqft
- Tax assessed value: $2,288,481
- Annual tax amount: $27,260
- Date on market: 9/16/2025
- Cumulative days on market: 78 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 11950
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $1,970,000-8.4%$492/sqft |
Source:  CRMLS #SR25217524 Report a problem | ||
| 10/31/2025 | Pending sale | $2,150,000$537/sqft |
Source: CRMLS #SR25217524 Report a problem | ||
| 10/7/2025 | Contingent | $2,150,000$537/sqft |
Source: CRMLS #SR25217524 Report a problem | ||
| 9/16/2025 | Listed for sale | $2,150,000-8.5%$537/sqft |
Source: CRMLS #SR25217524 Report a problem | ||
| 8/26/2025 | Listing removed | $2,350,000-5.8%$587/sqft |
Source:  SDMLS #SR25137999 Report a problem | ||
| 6/26/2025 | Listed for sale | $2,495,000+24.1%$623/sqft |
Source: SDMLS #SR25137999 Report a problem | ||
| 6/5/2018 | Sold | $2,010,000$502/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,260 +4.7% | $2,288,481 +2% |
| 2024 | $26,026 +0.8% | $2,243,638 +2% |
| 2023 | $25,809 +3.6% | $2,199,674 +2% |
| 2022 | $24,920 +4.2% | $2,156,573 +2% |
| 2021 | $23,904 +4.2% | $2,114,317 +1% |
| 2020 | $22,951 | $2,092,654 +2% |
| 2019 | $22,951 +626.6% | $2,051,650 +1093.9% |
| 2018 | $3,159 | $171,839 +2.9% |
| 2017 | $3,159 +1.7% | $167,049 +2% |
| 2016 | $3,107 +3.8% | $163,775 +1.5% |
| 2015 | $2,994 +1.4% | $161,316 +2% |
| 2014 | $2,952 | $158,157 +4.5% |
| 2011 | -- | $151,332 +0.8% |
| 2010 | -- | $150,202 -0.2% |
| 2009 | -- | $150,560 +2% |
| 2008 | -- | $147,609 +2% |
| 2007 | -- | $144,716 +2% |
| 2006 | -- | $141,879 |
| 2005 | -- | $141,879 +4% |
| 2004 | -- | $136,372 +1.9% |
| 2003 | -- | $133,874 +2% |
| 2002 | -- | $131,250 +4% |
| 2000 | -- | $126,155 |
Find assessor info on the county website
Neighborhood: South
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Nearby schools
GreatSchools rating
- 2/10McKinley SchoolGrades: K-8Distance: 0.2 mi
- 4/10Blair High SchoolGrades: 6-12Distance: 1 mi
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