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Sold for $2,100,000
Street View
  • Listed by: Coldwell Banker Realty • Jenan Musulli • Contact: 626-318-7118
    Bought with: Tonks Agency Inc,
    $2,100,000

    706 Prospect Ave, South Pasadena, CA 91030

    4beds
    3baths
    2,775sqft
    Triplex
    Built in 1924
    -- sqft lot
    $2,074,400 Zestimate®
    $757/sqft
    $3,389 Estimated rent

    Home value

    $2,074,400

    $1.87M - $2.30M

    $3,389/mo

    Zestimate® history
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    What's special

    Do not miss this exceptional opportunity to own an amazing triplex in the charming city of South Pasadena, located within close proximity to shops, restaurants and the local farmer's market. All three units are vacant, have in-unit washer and dryer hookups and offer fantastic character details throughout. The front Spanish duplex was built in 1924 and consists of one-bedroom and one-bathroom in each of the two units. They are both complemented by tons of vintage charm and feature bright living rooms with coved ceilings, French windows, spacious dining rooms with built-in cabinetry, period moldings and hardwood flooring. They share a private backyard, which includes a delightful patio area, offering additional space for entertainment and relaxation. The detached spacious two-bedroom home in the back features stunning character details. From the formal entry, there is a spectacular combined living room and dining area with a post and beam vaulted ceiling. There is a cozy fireplace and a wall of sliding glass doors that open to a private backyard. The kitchen has recessed lighting and a convenient breakfast bar. One of the two bedrooms features sliding glass doors that open to an oversized laundry room (which could make a great spot for a potential second bathroom). The second generously-sized bedroom features delightful built-in cabinetry. A full bathroom completes this exceptional unit. There are three one-car garages off the back-alley entrance and all three of the units have new roofs. There are also separate gas and electric meters for each unit. This property is a rare gem in a sought-after location, offering versatile living options for owner-occupants, multigenerational living, or investors seeking strong rental potential. Welcome home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenan Musulli DRE #01438002 626-318-7118,

    Coldwell Banker Realty,

    George Musulli DRE #00769903 626-318-7119,

    Coldwell Banker Realty

    Bought with:

    Lee Tonks, DRE #01824758

    Tonks Agency Inc,

    Source: CRMLS,MLS#: P1-20212MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Rooms
    • Room types: Bedroom, Entry/Foyer, Laundry, Living Room
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Forced Air, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Free-Standing Range, Gas Range, Refrigerator, Range Hood
    • Laundry: In Kitchen, Laundry Room
    Features
    • Beamed Ceilings, Built-in Features, Coffered Ceiling(s), High Ceilings, Open Floorplan, Stone Counters, Recessed Lighting, Bedroom on Main Level
    • Flooring: Tile, Wood
    • Doors: French Doors, Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,775
    • Total interior livable area: 2,775 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Single, Garage, Garage Faces Rear, On Street, See Remarks
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Brick,Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,989 Square Feet
    • Features: Sprinklers None
    Details
    • Parcel number: 5315017025
    • Zoning: SPR210000
    • Special conditions: Probate Listing,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish,See Remarks
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Roof: See Remarks
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Sidewalks
    • Security: Security Lights
    • Subdivision: Not Applicable
    Location
    • Region: South Pasadena

    Financial & listing details

    • Price per square foot: $757/sqft
    • Tax assessed value: $1,814,665
    • Annual tax amount: $21,333
    • Date on market: 12/10/2024
    • Cumulative days on market: 11 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: All appliances currently in the in the units
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/22/2025Sold$2,100,000+40.1%$757/sqft
    Source: CRMLS #P1-20212 Report a problem
    1/14/2025Pending sale$1,499,000$540/sqft
    Source: CRMLS #P1-20212 Report a problem
    12/21/2024Contingent$1,499,000$540/sqft
    Source: CRMLS #P1-20212 Report a problem
    12/11/2024Listed for sale$1,499,000$540/sqft
    Source: CRMLS #P1-20212 Report a problem
    12/12/2020Listing removed$2,285$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/8/2020Price change$2,285-8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    11/13/2020Listed for rent$2,485+8.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/24/2019Listing removed$2,285$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/16/2019Price change$2,285+4.6%$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/23/2018Listed for rent$2,185-23.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/3/2016Listing removed$2,850+48.1%$1/sqft
    Source: Bryant Companies Report a problem
    6/11/2014Listing removed$1,925$1/sqft
    Source: Owner Report a problem
    6/10/2014Listed for rent$1,925$1/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,333 +181.9%$1,814,665 +235.8%
    2024$7,567 +2.1%$540,421 +2%
    2023$7,413 +2.3%$529,826 +2%
    2022$7,248 +2%$519,438 +2%
    2021$7,109 +1.4%$509,254 +1%
    2020$7,008 $504,033 +2%
    2019$7,008 +3.6%$494,151 +2%
    2018$6,765 $484,463 +2%
    2017$6,765 +1.4%$474,964 +2%
    2016$6,674 +6.3%$465,652 +1.5%
    2015$6,279 +2.7%$458,659 +2%
    2014$6,116 $449,675 +5.3%
    2010-- $427,049 -0.2%
    2009-- $428,065 +2%
    2008-- $419,673 +4%
    2006-- $403,378
    2005-- $403,378 +4%
    2004-- $387,717 +1.9%
    2003-- $380,612 +22.8%
    2000-- $310,000
    Find assessor info on the county website

    Neighborhood: 91030

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,074,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,074,400