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Pasadena, CA Real Estate News

By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market AnalysisChapman Woods Pasadena Neighborhood Real Estate Market Review January through September  This is a real estate market activity review for the Chapman Woods neighborhood in Pasadena.  In this report, I will share information regarding closed transactions for the first nine months of 2017 along with a recap of sales for that same period over the previous two years.  I am also including a recap of homes currently available for sale and in escrow.   Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.  The information is from reliable sources and deemed reliable but has not been verified and is not guaranteed.   Chapman Woods is located in unincorporated Los Angeles...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market AnalysisPasadena Washington Square Neighborhood Market Update What Is My Washington Square Home In Pasadena Worth?  Washington Square Is A Landmark District FREE MARKET ANALYSIS      This is a real estate market activity report for the Washington Square Landmark District in Pasadena.  In this report, I will share information regarding activity in the first nine months of 2017 with a comparison of the same period in the previous two years.  Statistical information in this report has been gathered from our local multiple listing service(mls) records and may not reflect all transactions in the community.  Established in 2003 as a Pasadena landmark district, the neighborhood is comprised of approximately 250 homes.   The homes were generally built between 1910 and 1940 represent...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Pasadena Home Just Leased:  2096 East Crary Street    Just Leased in Pasadena with multiple applications submitted.   This circa 1936 traditional home is located in Northeast Pasadena and combines period details of the era with timely updates.    Three bedrooms, two remodeled baths. Updated kitchen. Approximate home size:    1558 square feetApproximate lot size:          7145 square feet List price:                                  $3300 per monthLease Price:                                             $3500 per monthTwo Year Lease Signed on October 10, 2017For additional information:          Michael JacobsColdwell Banker Residential BrokerageCalBRE# 01165532818.516.4393 cell  If you are thinking about investment property to purchase, give me a call --- there are tenants looking for ni...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Free Market AnalysisPasadena Daisy Villa Neighborhood Market Update  What Is My Daisy Villa Home In Pasadena Worth?  The Daisy Villa Neighborhood Name is Smile-Worthy  FREE MARKET ANALYSIS   This is a real estate market activity report for the Daisy Villa neighborhood in Pasadena zip code 91107.  In this report, I will share information for the first nine months of 2017 for homes on the market for sale, in escrow and closed. In addition, I will include a recap of sales for the same January through September time period for the previous two years.  The statistical data I reference has been gathered from our local multiple listing service(mls) and may not include all sales in the Pasadena neighborhood.   I have heard on more than one occasion that the name Daisy Villa brings a smile to th...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Condo And Loft Living In Old Pasadena Free Market Analysis  Living In Vibrant Old Pasadena Neighborhood  What Is My Condo In Old Pasadena Worth?   FREE MARKET ANALYSIS   This is a real estate market activity report for the condos and lofts in the Old Pasadena neighborhood.   Old Pasadena offers a more urban lifestyle than you would likely expect in other parts of the city.  It is within steps of well-known stores and unique boutiques, more than 100 restaurants, cafes and intimate bistros along its 22 historic blocks and alleyways. Entertainment and cultural options are abundant here as well. There is a Gold Line light rail station at Memorial Park and access to the Foothill(210) and Ventura(134) freeways plus the Arroyo Seco Parkway(110) is nearby. For purposes of this report, I am usin...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
 Roy's in Pasadena.... Diane and I have been going to our favorite bookstore for many years...  and at the corner of Vroman's  where our favorite Bookstore is  loated, there is this Hawaiian Style Restaurant, which  had caught my eyes for many years... I always wanted to go and try it out... Diane was more into grab a quick pizza and run out to the car and home...Life changes... things happen... finally after who knows how many years later... when I asked our friend Michael Jacobs  what he thought of the place... anyway we finally ended up here. Why now? Well who knows, was it the  Open Table Incentive Points? Was it timing? Who knows....Anyway check out this picture, this was our appetizer:  The next question is would we go back again? Absolutely, there are a few more items on the menu...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
  Living Along Pasadena Millionaire’s Row What Is My South Orange Grove Blvd Condo Worth?   FREE MARKET ANALYSIS       This is a real estate market activity report for one of Pasadena’s premier destinations for condos and townhomes:  South Orange Grove Boulevard. Also known as Pasadena Millionaire’s Row for the grand mansions and estates which once lined this wide palm-lined street, today South Orange Grove Boulevard consists of many different individual condominium and townhome complexes.   Many of these complexes offer expansive and beautifully landscaped garden and lawn areas. Since Pasadena has been built out, for the most part, this amount of land is nearly impossible to replicate in other parts of the city today. Interestingly enough, you can still find some of the larger homes on...
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In September of 2017, California associations of Realtors (C.A.R) reported that a median list price of a home was $783,500 in Pasadena, California in August of 2017 declined from $844,000 in July of 2017, but higher from $720,000 in August of 2016. The average price per square foot of a home was $523.00 in August of 2017 down from $540.00 in July of 2017, but rose from $480.00 in August of 2016 in Pasadena, California.Homes averaged 29.5 days in the market in August of 2017, up from 29.0 days in July of 2017, but fell from 38.8 days in August of 2016. While, an average there were 2.0 months inventory of homes available in the market in August of 2017, decreased from 2.3 months in July of 2017, and dropped from 3.1 months in August of 2016, in Pasadena, California according to C.A.R in S...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Cordova East Condos in Pasadena1115 Cordova Street This is a real estate market activity report for the Cordova East condominium complex in Pasadena.   Located at 1115 Cordova Street, Cordova East was built in 1963 as apartments and was later converted to condominiums.  The 69 single level units range in size from studios to two bedrooms/two baths and from under 500 to over 1700 approximate square feet.   In this report, I will share information regarding units for sale as well as closed transactions so far in 2017.   Additionally, I am including a recap of sales for the previous three years.  The statistical data for this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.   Cordova East features a central courtyard...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Michillinda Terrace Condos in Pasadena This is a market activity report for Michillinda Terrace in Pasadena.  This intimate group of just twelve townhouse-style condos was built in 2007 by Toledo Homes.   In this report, I will share information regarding units for sale and sold so far in 2017 along with a recap of sales for the previous three years.   Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.   The floor plans at Michillinda Terrace feature two or three bedrooms with up to four baths.  Approximate sizes range from around 1300 to nearly 2000 square feet.   Designed with the signature Mediterranean architectural influence that can be found in many other Toledo Homes communitie...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Living In A Pasadena Bungalow Court 500 South El Molino Unit 11 - Just Leased An agent referral brought a prospective tenant to my attention who recently leased this apartment in a Pasadena bungalow court.   I can’t recall the exact number of times I am asked about bungalow courts in Pasadena but I can tell you...it’s quite often.  People are curious and I’m more than willing to share any information I know about the bungalow courts that can be found in our area. Although this property is an apartment complex, I keep up-to-date on the various bungalow courts where units come on the market for sale too. But be aware -- they are limited in number and turnover is often rare -- and that's the case for those for sale or for lease.   Maybe it’s that historical aspect that makes bungalow court...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Pasadena Place Condos159 West Green Street This is a real estate market activity report for the Pasadena Place condominium complex which is located at 159 West Green Street in the Old Pasadena neighborhood.   In this report, I will share information regarding activity so far in 2017 along with a recap of sales for the previous three years. The statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex. The five-story modern building makes a distinctive impression from its location at the northeast corner of Green Street and Pasadena Avenue.   It was built in 2006 and consists of 38 single level condos over ground level retail spaces.  There is a lobby entrance with elevator service to all floo...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
The Dalton Pasadena Loft Living at 238 South Arroyo ParkwayThis is a real estate market activity report for The Dalton in Pasadena.  The mixed-use loft-retail complex is located at 238 South Arroyo Parkway.   In this report, I will share information regarding residential activity so far in 2017 as well as a recap of sales for the previous three years.  Statistical information has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex. The Dalton was built in 2008 and consists of 55 single and two level designs with dramatic interiors featuring high ceilings, exposed ductwork, concrete floors and large windows which enhance the open concept floor plans.  Each unit has in-unit washer-dryer connections.   Top floor units have terrace ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Pasadena Mountain Park Villas Townhomes in A Park-Like SettingThis is a real estate market activity report for the Mountain Park Villas townhome complex in Pasadena.  In  this report, I will share information regarding activity so far in 2017 as well as a recap of sales for the previous three years.  The statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex. Located in a Northeast Pasadena neighborhood near Victory Park, this relatively affordable townhome complex is primarily surrounded by single family homes. Built in the mid 1960s, the 70 units feature two or three bedrooms in a variety of floor plans with approximate square footages ranging from 1030 to 1700.  In addition to the alway...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Townhomes With Garages Along Pasadena Millionaire’s Row 885 South Orange Grove Boulevard Located at 885 South Orange Grove Boulevard, you will find a gated complex of 48 townhomes designed in an eclectic European-inspired architectural style.   There are a variety of floor plans in one or two story designs.  Built in 1973, the complex is sited impressively above the boulevard.    With square footages from approximately 1600 to over 2500 square feet, the residences have two or three bedrooms.  The interiors are quite dramatic where you will find high ceilings, spacious rooms and incredible storage areas.  Each unit has a patio and/or  balcony area enhancing the indoor-outdoor appeal of the residences.   Some units feature private elevators(shared with one other unit).   All residences ha...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
The Knowleton Townhomes in Pasadena   Townhomes with Garages In Madison Heights This is a real estate market activity report for The Knowleton townhome complex.   In this report, I will share information for activity so far in 2017 along with a sales recap for the previous four years.  Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.   Both Allendale Park and the Allendale branch of the Pasadena Library are across the street from the complex which is in the popular Madison Heights neighborhood of Pasadena.   The location is close to the Arroyo Seco Parkway(110) as well as both the Foothill(210) and Ventura(134) freeways and multiple Gold Line light rail stations.  It is convenient t...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Casa Serena Condos in Pasadena 91101 A Look At The Condo Complex Located at 420 South Madison Avenue This is a look at real estate market activity in the Casa Serena condominium complex in Pasadena.  Located at 420 South Madison Avenue between Del Mar and California boulevards, the complex was built in 1970 as apartments and later converted to condos.   In this report, I will share current activity so far in 2017 as well as a recap of sales for the previous two years. Statistical data has been gathered from our local multiple listing service(mls) and may not reflect all transactions in the complex. With 48 single level units, the floor plans offer one or two bedrooms and up to two baths.   They are quite spacious too with just under 1000 to over 1300 approximate square feet of living.  ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Would You Consider Living In Under 700 Square Feet in Pasadena?   Small Scale Living in Pasadena at 217 South Marengo Avenue  Cinema Lofts Units Are Under 700 Square Feet   This is a look at real estate market activity for the Cinema Lofts complex located at 217 South Marengo Avenue at the southwest corner of Cordova Street in Pasadena.  In this report, I will share information for activity so far in 2017 with a comparison to the previous three full years.  The statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex. Sleek lines and a modern flair combine in creating a particularly eye-catching architectural statement.  Built in 2008, Cinema Lofts offers an opportunity for those who are int...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Coming soon? What is the appropriate time you say that now it is time to actually put the property on the market?I see these signs in Real Estate and just scratch my head... one month... two months go by what is the appropriate time that coming soon becomes STALE? Please forgive me but to me two weeks is too long... now if you have other thoughts please enlighten this confused Beverly Hills Realtor...Anyway the reason I am mentioning it is, because I was driving by this sign now for over nine months and finally  last week I was able to take a picture without too much traffic. This sign is in Pasadena and needless to say  I find this sign is truly sending the wrong message.I am thinking, did the developer run into a snag? Did the building department stop it? The list of questions are too...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
How Are Recent Sales Changing The Value Of Your South Orange Grove Boulevard Condo? The Condos and Townhomes Along Millionaires Row in PasadenaA Market Report This is a real estate market activity report for the condos and townhomes along the South Orange Grove Boulevard corridor in Pasadena.  This popular area is also known as “Millionaire’s Row” for the grand mansions that once stood on this broad palm-lined boulevard at the turn of the 20th century.   In this report, I will share information about properties currently available for sale, in escrow and closed in the month of August along with the first eight months of 2017.  Additionally, I will provide a recap of sales for the same periods for the previous two years.  Information in this report has been gathered from our local multip...
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