Pasadena, CA Real Estate News

By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Del Rey Villas Townhomes in Pasadena  Townhomes with Garages in Pasadena In A Single Family Residential(SFR) Neighborhood This is a real estate market report for the Del Rey Villas townhomes in Pasadena and includes activity so far in 2017 with a recap of activity 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 this complex.  Del Rey Villas was built in 2005 and consists of just eight townhomes with multi-floor plans. Each has its own address and an attached garage.  The neighborhood is primarily single family homes which gives the Mediterranean-inspired complex a particularly nice ambiance.     An impressive turret entry leads to a living room, formal dining,...
Comments 15
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On August 16, 2017, California associations of Realtors (C.A.R) reported that a median list price of a home was $844,000 in Pasadena, California in July of 2017 higher from $775,500 in June of 2017, and gained from $702,500 in July of 2016. The average price per square feet of a home was $540.00 in July of 2017 up from $536.00 in June of 2017, and jumped from $489.00 in July of 2016 in Pasadena, California.Homes averaged 29.0 days in the market in July of 2017, rose from 26.0 days in June of 2017, but down from 36.8 days in July of 2016. While, an average there were 2.3 months inventory of homes available in the market in July of 2017, decreased from 2.5 months in June of 2017, and declined from 2.5 months in July of 2016, in , California according to C.A.R in August of 2017.For complet...
Comments 2
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Garden Party  With its many tree-canopied streets and wonderfully diverse architecture, it is not difficult to find many beautifully landscaped public and private spaces in the city of Pasadena.     For example, more than 1500 varieties of roses, camellias and annuals can be found at the Wrigley Gardens on the grounds of Tournament House(home of the Tournament of Roses).    And with approximately 120 acres, the Huntington Botanical Gardens in the nearby city of San Marino has more than a dozen specialized gardens on its park-like grounds that was formerly the residence of Henry E Huntington.  A more minimalist approach can be found at the Sculpture Garden at The Norton Simon Museum.      In the past I have mentioned the Arlington Garden.  The grassroots effort by neighbors and ...
Comments 24
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Affordable Pasadena Condos at The Meridian64 North Mar Vista Avenue Pasadena 91106 This is a real estate market activity report for The Meridian condo complex in Pasadena.  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.   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. The gated complex has an open courtyard with a pool, spa, lounge area and mature landscaping.  In addition you will find a fitness center, community laundry(I understand some units have added washer-dryers subject to hom...
Comments 8
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Condos at 1000 East California Boulevard Single Level Condos Close to Caltech and South Lake Avenue This is a real estate market activity report for the Pasadena condos at 1000 East California Boulevard.  Located at the southwest corner of California Boulevard and Catalina Avenue, the 1000 East California Boulevard complex consists of 24 single level two bedroom floor plans with over 1300 square feet.   I will share information regarding transactions so far in 2017 along with a recap of closed sales for the previous four years.   The statistical data for this report has been gathered from our local multiple listing service(mls) and may not include all transactions in this complex.    The 1000 East California Boulevard location is ideally situated adjacent to California Institut...
Comments 20
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Condo in Pasadena South Lake Avenue Neighborhood Just Leased 330 South Mentor Avenue Unit 233 Olive Tree Condominium Complex In an area where there are a number of prestigious institutions of learning, blogging can prompt inquiries from a prospective tenant or two looking for housing near one of the campuses in our area.  That wasn’t the case this time but a call from another agent asked if I could help a student find a condo.  I’m happy to assist with finding a real estate opportunity if I am able.   When it comes to leasing in our area, it is quite competitive and not necessarily inexpensive.   While I represent landlords who I know as buyers when they acquired their property, I don’t make working with prospective tenants in their search an active part of my real estate practice.   Th...
Comments 24
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
What Is My Cordova Park Villas Condo in Pasadena Worth? 330 Cordova Street in Pasadena This is a real estate market activity report for the Cordova Park Villas condominium complex in Pasadena.  Located at 330 Cordova Street, the complex is in a central Pasadena location.  It is close to Paseo Colorado, Pasadena Civic Center, Playhouse District, South Lake Avenue and Old Pasadena.    The number of shopping and dining destinations is seemingly endless and there are multiple museums and other cultural points of interest practically steps away.   Transportation via three freeways or multiple Gold Line light rail stations makes commuting relatively convenient..  In this report I will include a recap of activity so far in 2017 along with sales results for the previous four years.   Statistica...
Comments 21
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Playhouse Villas in Pasadena Pasadena 91101 Condos at 108 South El Molino Avenue This is a real estate market activity report for the Playhouse Villas condominium complex.  Located in the Pasadena Playhouse District of the city, the complex consists of twelve single and two level floor plans ranging in approximate size from 1450 to over 2400 with two or three bedrooms and up to two-and-one-half baths.   The address is 108 South El Molino Avenue In this report, I will share information regarding current activity as well as a recap of closed transactions for the previous five years.  The statistical information in this report has been gathered from our multiple listing service(mls) and may not reflect all transactions in the complex. The gated complex has a distinctive Mediterranean archi...
Comments 18
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Old Pasadena Becomes BoldPas On Saturday, August 12, 2017 from noon until 8PM, there was a takeover of sorts in Pasadena.  BoldPas was held along the historic pedestrian alleyways and streets of the 22 blocks in the Old Pasadena shopping, dining and entertainment district.       Bold and bright colors were clearly evident during the free temporary art installation.  Despite the heat and humidity, whimsy was definitely on display at the one day event as were abundant selfies.   Many of the pieces invited interaction.   Local and regional artists were in attendance to share their creativity and to answer questions.   This was an event that embraced art in many different forms and it certainly looked like a fun time for all.  Some Old Pas merchants participated too with creative art stops....
Comments 25
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In August of 2017, California associations of Realtors (C.A.R) reported that nationwide median list price for a home was $895,000 in Pasadena, California in June of 2017 lower from $1,136,000 in May of 2017, and declined from $951,000 in June of 2016. The average price per sq-feet of a home was $541.00 in June of 2017 down from $555.00 in May of 2017, and dropped from $575.00 in June of 2016, in Pasadena, California.Homes averaged 35.0 days in the market in June of 2017 up from 33.5 days in May of 2017, and gained from 28.0 days in June of 2016. While, an average there were 3.1 months inventory of homes available in the market in June of 2017 higher from 2.7 months in May of 2017, and rose from 2.7 months in June of 2016, in Pasadena, California according to C.A.R in August of 2017.For ...
Comments 2
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Are You Looking For A Cool Mid Century Modern Condo in Pasadena? Villa San Pasqual at 1000 San Pasqual Street Pasadena This is a real estate market activity report for Villa San Pasqual, a mid-century modern condo complex located at 1000 San Pasqual Street in Pasadena.  Situated on a leafy tree-lined street, the 58 single level condos were built in the mid-1950s.   Actually, there are three different complexes(three different homeowner associations) but for purposes of this report, the information is combined. In this report I will share information of activity so far in 2017 as well as a recap of closed sales for the previous five years.  Statistical data included here has been gathered from our local multiple listing service(mls) and may not reflect all transactions in this Pasadena m...
Comments 19
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Somerset House Condos Pasadena 91106211 South Wilson Avenue This is a real estate market activity report for the Somerset House condos located at 211 South Wilson Avenue in the South Lake Avenue area neighborhood in Pasadena.  In this report I will share information regarding the complex, its location as well as real estate activity so far in 2017 and sales 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. Somerset House was built in 1965 and consists of 30 single level floor plans ranging in size from one bedroom/one bath to three bedrooms/three baths with approximate square footages from about 800 to nearly 1500.  The professionally managed gated comp...
Comments 10
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Historic Charm At The Barcelona Condos in Pasadena85 North Madison Avenue Pasadena 91101 This is a real estate market activity report for The Barcelona condominium complex.   I am sharing activity in the complex so far in 2017 along with a recap of closed transactions 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 historic Pasadena condo complex The Barcelona is located at 85 North Madison Avenue (northwest corner of Union Street) in the Pasadena Playhouse District not far from Pasadena City Hall.  Formerly own-your-own apartments and now condominiums, the building is on the National Register of Historic Places.    Enter the circa 1922 building through a contr...
Comments 21
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Casa California Condos 382 East California Boulevard This is a real estate market activity report market for the Casa California condominium complex located at 382 East California Boulevard in the Madison Heights neighborhood of Pasadena 91106.   In this report I will share information regarding units currently available for sale and activity so far this year as well as a recap of sales for the previous five 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. Casa California was built in 1973 as apartments and later converted(in the 1980s) to condominiums.  There are 24 one level condominium units with two or three bedrooms each with two baths.  The units are quite ...
Comments 23
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Where is Pasadena Millionaire’s Row? A Market Report For Pasadena Millionaire’s Row AKA The South Orange Grove Boulevard Corridor  This is a real estate market activity report for the condos and townhomes along Millionaire’s Row in Pasadena which is also known as the South Orange Grove Boulevard corridor.   In this report I will share sales information for July and the first seven months of 2017 as well as a recap of units sold in the same time periods for the previous two years.   Additionally, I will share information of condos and townhomes currently on the market for sale and in escrow. All statistical information has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.   Where is Pasadena Millionaire’s Row?    For this...
Comments 22
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Pasadena Madison Heights Neighborhood  Mid-Year 2017 Market ReportHomes and Condos/Townhomes This is a real estate market activity report for the Madison Heights neighborhood in Pasadena.  This report is divided into two parts:  homes and condos/townhomes.  I will share information regarding properties sale along with those in escrow and sold in the first six months of 2017   Additionally, I will recap sales data for the same January through June time period for the previous two years.  All statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the neighborhood.   It is from sources deemed reliable but is not guaranteed.  According to the Madison Heights neighborhood website the boundaries are Lake, E...
Comments 16
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Vromans of Pasadena: Author SigningsThose of you who read my post on a consistent basis, know that, Diane and I love Independent Bookstores and we support them financially and in more ways than just by buying books. Today, Diane and I decided to play and ‘take part the day off,’ by going to our favorite Independent Bookstore.Of course we came with my Assistant, he loves Vromans as well and probably more than us and he probably gets more recognition and complements than anywhere else we go with him. Today was no different: “oh he is so cute”, “really cannot believe he is 14.5 years old” “what breed is he? well he is a Rescue breed” anyway I am digressing… As we took my assistant in the elevator, since the stairs would be too strenuous for him ( we do not want to make his life harder and ...
Comments 4
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Orange Grove Village Townhomes in Pasadena 91103 A Particularly Active Year For Real Estate Sales So FarThis is a market activity report for the Orange Grove Village townhome complex in the city of Pasadena zip code 91103.  The vast amount of land for the complex, a little bit more than ten acres, is a rare find in this city where land is at a premium. Even when it was built in 1975, I have heard stories of waiting lines to purchase when the townhome complex initially started selling. The popularity of the complex which was built by Cantwell Anderson is possibly even stronger today.   There are 122 residences in both single and two level floor plans.   The units feature two or three bedrooms with a private two car garage which is accessed via an enclosed patio area.   The extensive grou...
Comments 18
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Lower Hastings Ranch Pasadena Neighborhood Mid-Year 2017 Market Report This is a real estate market activity report for the Lower Hastings Ranch neighborhood.  In this report, I will share information about closed sales  for the first six months of 2017 as well as a comparison of transactions for the same period in the previous three years.  In addition, there is a recap of homes for sale and in escrow.  The statistical information in this report has been gathered  from our local multiple listing service(mls) and may not include all activity in the neighborhood. The Hastings Ranch neighborhood consists of Lower Hastings Ranch, Upper Hastings Ranch and Hastings Heights.   This report showcases Lower Hastings Ranch.   For purposes of this report, Lower Hastings Ranch area covers the area ...
Comments 22
By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Upper Hastings Ranch Pasadena Neighborhood It's Not Christmas In July But It's A Mid-Year 2017 Market Report   Despite the photos, it’s not Christmas in July but a real estate activity report for the Upper Hastings Ranch neighborhood in Pasadena 91107.  In this report, I will share sales information for the first six months of 2017 along with a comparison of closed transactions for the same period in the previous four years.    Additionally, I am including a recap of homes currently available for sale and in escrow.   The statistical information in this report has been gathered  from our local multiple listing service(mls) and may not include all activity in the neighborhood. The Hastings Ranch neighborhood consists of Lower Hastings Ranch, Upper Hastings Ranch and Hastings Heights.   T...
Comments 22