Skip main navigation
Sold for $1,600,000
  • $1,600,000

    48 S Parkwood Ave, Pasadena, CA 91107

    --beds
    --baths
    2,750sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,586,800 Zestimate®
    $582/sqft
    $3,983 Estimated rent

    Home value

    $1,586,800

    $1.44M - $1.75M

    $3,983/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,983/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,983/mo

    Rent Zestimate®

    Refinance and save

    $10,167/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $10,167/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Excellent Pasadena Fourplex in Prime Location. A rare opportunity to own a well-maintained four-unit property in a highly desirable Pasadena neighborhood. The front house features 3 bedrooms and 2 bathrooms, with a fireplace. Behind the main residence are three separate one-bedroom, one-bath units, all in excellent condition. Each unit offers its own washer and dryer hookups, separately metered for gas and electric, providing convenience for tenants and ease of management for the owner. The property has been consistently well cared for and reflects pride of ownership throughout. Ideally located near public transportation, Pasadena City College, and Caltech, this property is an excellent owner user opportunity to live in the front house and have rental income from the 3 well maintained units. ________________________________________

    Zillow last checked:

    Source: BHHS broker feed,MLS#: AR26026113

    Facts & features

    Interior

    Appliances
    • Included: Dryer
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,750
    • Total interior livable area: 2,750 sqft

    Property

    Details
    • Parcel number: 5747021005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1959

    Community & HOA

    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $582/sqft
    • Tax assessed value: $1,045,652
    • Annual tax amount: $12,905
    • Date on market: 4/2/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    4/8/2026Sold$1,600,000+10.3%$582/sqft
    Source: Public Record Report a problem
    4/2/2026Pending sale$1,450,000+78.6%$527/sqft
    Source: BHHS broker feed #AR26026113 Report a problem
    12/18/2018Listing removed$1,800$1/sqft
    Source: Parkwood Realty Group #818005377 Report a problem
    11/1/2018Price change$1,800-28%$1/sqft
    Source: Parkwood Realty Group #818005377 Report a problem
    10/27/2018Listed for rent$2,500+35.1%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/17/2018Listing removed$1,850$1/sqft
    Source: Parkwood Realty Group #818002654 Report a problem
    6/25/2018Price change$1,850+5.7%$1/sqft
    Source: Parkwood Realty Group #818002654 Report a problem
    6/4/2018Listed for rent$1,750$1/sqft
    Source: Parkwood Realty Group #818002654 Report a problem
    6/26/2009Sold$812,000-7.6%$295/sqft
    Source: Public Record Report a problem
    5/16/2009Price change$879,000-2.3%$320/sqft
    Source: NRT California #A09017118 Report a problem
    4/17/2009Price change$899,999-5.2%$327/sqft
    Source: NRT California #A09017118 Report a problem
    3/15/2009Price change$949,000-2.1%$345/sqft
    Source: NRT California #A09017118 Report a problem
    2/11/2009Listed for sale$969,000$352/sqft
    Source: NRT California #A09017118 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,905 +5.1%$1,045,652 +2%
    2024$12,275 +0.8%$1,025,150 +2%
    2023$12,172 +3.5%$1,005,050 +2%
    2022$11,760 +4.2%$985,344 +2%
    2021$11,285 +4%$966,024 +1%
    2020$10,848 $956,120 +2%
    2019$10,848 -1.4%$937,373 +2%
    2018$11,000 $918,994 +2%
    2017$11,000 +1.2%$900,976 +2%
    2016$10,875 +2.2%$883,311 +1.5%
    2015$10,641 +3.1%$870,043 +2%
    2014$10,322 $853,001 +2.5%
    2012-- $832,497 +2%
    2011-- $816,174 +0.8%
    2010-- $810,075 +25.7%
    2009-- $644,300 +2%
    2008-- $631,667 +4%
    2006-- $607,140
    2005-- $607,140 +4%
    2004-- $583,567 +47.7%
    2003-- $395,000
    2002-- $395,000 +23.4%
    2000-- $320,000
    Find assessor info on the county website

    Neighborhood: South East

    Nearby schools

    GreatSchools rating
    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
    $1,586,800
    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
    $1,586,800