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Sold for $3,200,000
  • Listing Provided by: Cal Assets & Associates Inc
    Bought with: POWER OF 2 REALTY
    $3,200,000

    765 E California Blvd, Pasadena, CA 91106

    8beds
    4baths
    5,498sqft
    Multi Family
    Built in 1922
    -- sqft lot
    $3,195,100 Zestimate®
    $582/sqft
    $3,828 Estimated rent

    Home value

    $3,195,100

    $2.88M - $3.55M

    $3,828/mo

    Zestimate® history
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    $3,828/mo

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    $20,434/mo

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    What's special

    Large lotBeautiful large grassy backyardDining roomAdditional parking spacesCentral air and heatCovered carportLaundry hookup
    Location, Location, Location. A rare opportunity to own a four unit building (owner could potentially occupy one unit) with a large lot (14823 square feet). This property is situated in the highly desirable heart of Pasadena with easy access to South Lake Shopping District, Old Town Pasadena, Cal Tech, PCC, a plethora of dining and shopping options. Easy access to freeways (110 & 210 freeway and) public transpositions.Each unit consists of 2 bedroom/ 1 bath, living room with fireplace, dining room and laundry hookup. All units come with central air and heat. A beautiful large grassy backyard leads to a covered carport with individual storage units and additional parking spaces.Units are 1100% occupied and NEVER stays vacant long. Potential Mills Act eligibility (Buyer to verify).Please call for additional details.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    David Wei DRE #01354834 (626)399-7166,

    Cal Assets & Associates Inc

    Bought with:

    JARED JONES, DRE #01822924

    POWER OF 2 REALTY

    Source: CRMLS,MLS#: P1-21240MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
    Features
    • Multiple Staircases
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Decorative
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,498
    • Total interior livable area: 5,498 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Paved, One Space, Storage
    • Carport spaces: 4
    Features
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.34 Acres
    • Features: Front Yard
    Details
    • Parcel number: 5734029004
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mediterranean
    • Property subtype: Multi Family
    Materials
    • Drywall, Plaster
    • Roof: Flat
    Condition
    • Year built: 1922

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Curbs, Street Lights, Suburban, Sidewalks
    Location
    • Region: Pasadena
    • Subdivision: Not Applicable

    HOA & financial

    Other financial information
    • Total actual rent: 12150

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    7/30/2025Sold$3,200,000+10.3%$582/sqft
    Source: CRMLS #P1-21240 Report a problem
    7/17/2025Pending sale$2,900,000$527/sqft
    Source: CRMLS #P1-21240 Report a problem
    7/7/2025Contingent$2,900,000$527/sqft
    Source: CRMLS #P1-21240 Report a problem
    6/10/2025Price change$2,900,000-10.8%$527/sqft
    Source: CRMLS #P1-21240 Report a problem
    5/16/2025Price change$3,250,000-7.1%$591/sqft
    Source: CRMLS #P1-21240 Report a problem
    3/13/2025Listed for sale$3,500,000+46.4%$637/sqft
    Source: CRMLS #P1-21240 Report a problem
    5/13/2018Listing removed$2,700
    Source: Pacific Union International #818002075 Report a problem
    5/4/2018Listed for rent$2,700+12.5%
    Source: Pacific Union International #818002075 Report a problem
    11/23/2016Sold$2,390,000+24.2%$435/sqft
    Source: Public Record Report a problem
    8/8/2015Listing removed$2,400
    Source: Owner Report a problem
    7/9/2015Listed for rent$2,400
    Source: Owner Report a problem
    5/23/2013Sold$1,924,000+1.9%$350/sqft
    Source: Public Record Report a problem
    5/10/2013Pending sale$1,888,000$343/sqft
    Source: Keller Williams - East Foothills #22170546 Report a problem
    3/21/2013Listed for sale$1,888,000$343/sqft
    Source: Keller Williams Realty #22170546 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,632 +4.7%$2,773,794 +2%
    2024$31,153 +0.8%$2,719,407 +2%
    2023$30,895 +3.6%$2,666,086 +2%
    2022$29,822 +4.3%$2,613,811 +2%
    2021$28,594 +4.2%$2,562,561 +1%
    2020$27,440 $2,536,286 +2%
    2019$27,440 -2.3%$2,486,556 +2%
    2018$28,095 $2,437,800 +2%
    2017$28,095 +1.1%$2,390,000 +19.4%
    2016$27,803 +18.8%$2,000,994 +1.5%
    2015$23,399 +3.3%$1,970,939 +2%
    2014$22,660 $1,932,332 +189%
    2012-- $668,727 +2%
    2011-- $655,616 +0.8%
    2010-- $650,717 -0.2%
    2009-- $652,264 +2%
    2008-- $639,476 +2%
    2007-- $626,938 +2%
    2006-- $614,647
    2005-- $614,647 +4%
    2004-- $590,781 +1.9%
    2003-- $579,954 +2%
    2002-- $568,583 +4%
    2000-- $546,506

    Find assessor info on the county website

    Neighborhood: South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,195,100
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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
    $3,195,100