Pasadena, CA Real Estate News

By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena E-Waste Event at Rose Bowl Saturday Sept 3, 2016  This event comes at the right time for me.   A recent laptop purchase.  Unexpected replacement of a cell phone.   Plus I learn that there will be Free On-Site Document Shredding*. I’m sure you have some stuff that is suitable for this event, right?Saturday, September 3, 20169AM to 3PM Brookside Park, Parking Lot I Just South Of the Rose Bowl *Shredding is limited to five legal size boxes.   Sponsored by City of Pasadena Public Works Department. Pasadena E-Waste Event at Rose Bowl Saturday September 3, 2016  
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
        ActiveRain Ambassador and friend Noah Seidenberg has a contest this month Love Where You Live.  I thought this would be an easy challenge for me to complete. Afterall, I am continuously writing about the area where I work, live and play.  But here it is, month-end and I’m looking at a blank page on the screen in front of me. You see, technically, I don’t live in Pasadena.  My office isn’t located in the city either. While I care about it, there are many people who have far deeper roots here. Perhaps that gives me a perspective about the city as it really is a place that is more than an annual football game and a parade.    I was born in Los Angeles. Grew up in Orange County.  Lived in Northern San Diego County after college.  Back to The OC and the Beach.   Washington, DC.  Then...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
  This is a real estate market activity report for the Castlegate condo complex in Pasadena.  In this report I will share information regarding units on the market for sale and sold so far in 2016 with a comparison to full year sales dating back to 2012. Statistical information has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.    Located at 330 West California Boulevard just east of famed Millionaire’s Row on South Orange Grove Boulevard, the complex was built in 1974 and consists of 48 single level condominium units. They range in size from one bedroom to two bedrooms and den(often marketed as three bedrooms).   The units are quite spacious with approximate square footages from just under 1000 to over 1700 square feet. E...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Condos at 500 East Del Mar Boulevard Make A Distinctive Architectural Statement  This is a real estate market activity report for the condos at 500 East Del Mar Boulevard in Pasadena.  The complex is located at the southwest corner of Del Mar and South Oakland Avenue.  In this report I will share current activity so far in 2016 as well as full year sales results for the previous two 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. Built in 1984, the professionally managed complex consists of 36 condos in a variety of single and multi-level floor plans with two or three bedrooms.   The building makes a distinctive architectural statement with its bold, clean lines. A...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
A Look At The Condos at 202 South Holliston Avenue in Pasadena California Craftsman Architecture With A Modern Influence This is a recap of real estate market activity for the condos located at 202 South Holliston Avenue in Pasadena zip code 91106.  Located at the southeast corner of Holliston and Cordova Street, the building has a definite California Craftsman architectural influence which is so popular in the city but with bit of a modern aesthetic.   In this report I will share information about condos for sale in the intimate ten unit complex, closed transactions so far in 2016 as well as full year sales for the previous four years. Statistical information is from our local multiple listing service(mls) and may not include all transactions in the complex.    Built in 1989, the units...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Madison Walk Condos in Pasadena Playhouse District This is a real estate market activity report for the Madison Walk condominium complex located north of the Pasadena Playhouse.  This report will include units for sale and in escrow as well as sales for the previous five full years.  All statistical information in this report has been gathered from our local multiple listing service(mls) and may not reflect all transactions in the complex.    Madison Walk was built by The Olson Company in 2003 with a modern Mediterranean-inspired architectural influence with extensive tile, dramatic archways and a landscaped central courtyard.    They range in size from one to three bedrooms in a variety of townhouse-style, flat and loft-style floor plans.    Located on North Madison Avenue, Madison Wal...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Olive Tree Condos In Pasadena South Lake Avenue Neighborhood This is a recap of real estate market activity at the Olive Tree condominium complex in the South Lake Avenue neighborhood of Pasadena.   I will share information regarding units currently for sale and in escrow along with an update of closed transactions so far in 2016 with a comparison to full year closed sales for the five previous years.  Statistical information in this report has been gathered from our local multiple listing service and may not include all sales activity in the complex. Olive Tree has New Orleans-inspired architecture and was built in 1971 as apartments and later converted to condos.  It consists of 120 single level condos in a variety of floor plans ranging from one bedroom to two bedrooms/two baths/den(...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
Pasadena CA real estate markets are working to the seller’s advantage.Most zip codes show a Market Action Index score well over 30, the number that divides buyer’s and seller’s markets.Market activity is trending down in most Pasadena CA real estate markets, but prices have not yet adjusted. If the market continues to cool, then expect prices to fall lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall.A seller’s market gives more negotiating power to the sellers, rather than the buyers. Limited inventory — providing buyers fewer choices — is one factor that can cause a seller’s market.The strongest prices for Pasadena CA real estate was in 91106, with a median list price of $2.55 million and prices trending upward.91106 market trendsVisit my blog ...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
Homes for Sale in the Chapman Woods, Pasadena CAAbout the neighborhoodChapman Woods in Pasadena CA includes approximately 462 homes. Its boundaries extend from Huntington Drive on the south to the south side of Del Mar Boulevard on the north and from Rosemead Boulevard on the east to the Edison right-of-way on the west.Looking for a home in Chapman Woods?Interested in finding homes for sale in Chapman Woods of Pasadena CA? Click that link to find all the currently available homes in this area of Pasadena.  A look at the history of Chapman Woods in Pasadena CAThe Chapman Woods area of Pasadena CA was once a favorite campsite of the California Indians. The area spent many years under the banner of the San Gabriel Mission, founded in 1771 by Father Junipero Serra. Then as the great ranchos...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
Homes for Sale in Bungalow Heaven, Pasadena CA What's the neighborhood like?Bungalow Heaven is one of Pasadena CA's most historic neighborhoods. The 16-block area bordered by Orange Grove and Washington boulevards and Lake and Hill streets, is a Historic Landmark District. In fact, it was Pasadena's first Historic Landmark District. Bungalow Heaven in Pasadena CA was named for the more than 800 small craftsman homes built there from 1900 to 1930, most of which still exist today.  Looking for a home in Bungalow Heaven?Interested in finding homes for sale in Bungalow Heaven in Pasadena CA? Click that link to find all the currently available homes in this area .  Why do people live here?Bungalow Heaven is a quiet, leafy, close-knit neighborhood. Residents in the area put in a significant e...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Madison Heights Condos at 484 East California Blvd  This is a market activity report for the Pasadena condos in Madison Heights at 484 East California Boulevard.  In this report I will share information for condos for sale, in escrow and closed sales so far in 2016 with a comparison to full year sales from 2011 through 2015.  All statistical information is from our local multiple listing service (mls)and may not include all transactions in the complex. 484 East California makes a distinctive and bold architectural presence from its location at the southeast corner of California Boulevard and Los Robles Avenue.   Built in 1983,  the 45 units range from single to multi-level with units from just under 1000 to over 1700 square feet of living(approximate) in a variety of floor plan...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Affordable Pasadena Condos at Los Robles Plaza This is a real estate market activity report for the Pasadena affordable condominium complex at the Los Robles Plaza condominium complex.  In this report I will share activity so far in 2016 with a comparison to full year sales from the last four years. Statistical information is from our local multiple listing service(mls) and may not include all transactions in the complex. Los Robles Plaza was originally built in the 1970s as apartments and later converted to condominiums.   There are 130 single level floor plans ranging from studios to two bedrooms.  Approximate square footages range from just under 450 to nearly 1050 square feet.   Units include a patio or balcony area.  Many of the top floor units have dramatic ceiling heights, cleres...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena CA Single Level Condos at El Molino Terrace  This is a recap of real estate market activity at El Molino Terrace a condominium complex at 300 North El Molino Avenue in Pasadena zip code 91101.  All statistical information in this report has been gathered from our local multiple listing service and includes units for sale, in escrow and sales so far in 2016 with a comparison to sales for the previous four years.   It may not include all transactions in the complex. El Molino Terrace consists of 77 single level condos in a multi-story complex built in 1987.  The complex was converted from apartments to condos in 2004 and 2005.  The floor plans range from studio units to those with three bedrooms and two baths. Interior features(vary by unit) include:  nine foot ceilings, fireplac...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Prospect Park Area Homes For Sale and Market Report This a real estate market activity report for the Prospect Park area of Pasadena.  I will share information of homes for sale, in escrow and closed transactions so far in 2016 with a look at full year sales for the previous three years.   The Prospect Park Historic District consists of 106 single family homes but I have expanded the boundaries to include other architecturally significant properties adjacent to the district. Generally, the boundaries I have used for this report are east of the Arroyo Seco, west of North Orange Grove Boulevard, north of Holly Street, south of Westgate.  Streets in the official  National Register of Historical Places Inventory include:  Prospect Boulevard/Square /Crescent/ Terrace, Rosemont Avenu...
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By Teri Barton, eXp Realty of California Inc.
( eXp of California Inc.)
We live in a special place, a place with character. And historic Pasadena neighborhoods add to our city’s charm.Pasadena thrives with shopping and nightlife. It offers great opportunity for urban living for young professionals and a quieter suburban life for families. But Pasadena also shows its age — and it’s aged gracefully, hasn’t it? With architecture that preserves the American Arts and Crafts Movement and landmark districts set up to protect our earliest, emerging communities, Pasadena has strong roots in the past.Historic Pasadena neighborhoods a labor of loveFrom neighborhoods like Bungalow Heaven to Madison Heights, Pasadena, you’ll find a variety of architecture and historical influence. You can read about some of our notable areas on my Pasadena neighborhoods page on my websi...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In August of 2016 Trulia.com reported median homes sales gained 4.0% to $730,000 in Pasadena, California between May 4, 2016 to August 3, 2016 from the previous quarter of $702,000, and increased 14.1% from the price of $640,000 same time a year ago in 2015.An average square foot for homes was higher 6.0% to $515 between May 4, 2016 to August 3, 2016 from $484 same time a year ago in 2015 in Pasadena, California.For more complete detailed information about latest market trends in Pasadena, California, please CLICK HERE
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena San Rafael Neighborhood Real Estate Activity Report This is a real estate market activity report for the San Rafael neighborhood of Pasadena.  It includes homes for sale, in escrow and sold so far in 2016 with a comparison to full year sales in 2013 through 2015. Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.  For this report, I am using the following boundaries:  South of the Ventura Freeway(134), the Arroyo Seco to the East and the Los Angeles city border to the South and West.  The neighborhood is part of Pasadena zip code 91105. The homes in the San Rafael neighborhood range in size from smaller cottages to much larger homes...sizes of lots vary greatly too. Ther...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
The Meridian Affordable Condos in Pasadena at 64 North Mar Vista Avenue This is an overview of the The Meridian condo complex in Pasadena.  These relatively affordable Pasadena condos range in size from one bedroom/one bath to three bedrooms/three baths.   The approximate square footages are just under 600 to over 1200 in a variety of single and two story floor plans with balconies.   Built in 1987, the 92 unit complex is located at 64 North Mar Vista Avenue just north of Colorado Street where the annual Tournament of Roses Parade passes by each January.   The complex is gated with mature landscaping in an open courtyard which features a pool, spa and lounge area.  There is also a fitness center, community laundry(I understand some units have added washer-dryers subject to homeowner ass...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Millionaires Row Condos and Townhomes Along The South Orange Grove Boulevard CorridorThis is a real estate market activity report for the condos and townhomes along the South Orange Grove Boulevard corridor in Pasadena.   Also known as Millionaire’s Row for the grand mansions and estates which lined this wide palm-lined street, the South Orange Grove Boulevard corridor consists of many different condominium and townhome complexes many with expansive and beautifully landscaped garden and lawn areas which are unique to the area.   This report includes those currently on the market for sale, in escrow and sold in the first seven months of 2016 according to statistics from our local multiple listing service(mls).  It may not include all transactions in the marketplace and does not ...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
As Temperatures Rise, Pasadena Proves Hot Is Still Cool  More Than Just A Parade and a Football Game  Pasadena is a city in the San Gabriel Valley of Los Angeles County with an estimated population of 137,122.  Although particularly well-known and associated with an event each January, the city is so much more than just a parade and a football game. Museums and culture.  Institutions of higher education. Tree-lined streets with character homes rich in architectural details. Multiple shopping districts.  Lots and lots of dining options.  Abundant recreational opportunities. Entertainment too. Plus a convenient location with easy accessibility. Via multiple freeways and a light rail system, Pasadena is close to so much in Southern California. A fun and yes -- still very cool place to live...
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