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706 Prospect Ave, South Pasadena, CA 91030

Sale Price: $2,100,000
Dec 10, 20242,775 sqft4 beds0 baths
Listed by: Jenan Musulli
License #: 01438002
Phone #: (626) 318-7118
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: P1-20212

Property Description

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!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$39,084

TurboHome Estimated Value

$2,052,300

$740 sqft

High Valuation
$2,154,915
$777/sqft
Normal Valuation
$2,052,300
$740/sqft
Low Valuation
$1,949,685
$703/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$740/sqft$2,052,300

Neighborhood: Not Applicable

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Comparative Value

$1.50M

$1.60M

$1.63M

$1.99M

$2.10M

706 Prospect Ave, South Pasadena, CA 91030

List Price: $1,499,000

Subject Property

1930 Leman St, South Pasadena, CA 91030

Sale Price: $1,600,000

Selected Comparable

385 Grace Dr, South Pasadena, CA 91030

Sale Price: $1,633,000

Selected Comparable

1718 Raymond Hill Rd, South Pasadena, CA 91030

Sale Price: $1,986,000

Selected Comparable

706 Prospect Ave, South Pasadena, CA 91030

Sale Price: $2,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
706 Prospect Ave, South Pasadena, CA 91030

706 Prospect Ave, South Pasadena, CA 91030

List: $1,499,000

Listed: 12/10/2024

Area:2,775 sqft
Price/sqft:$540
Beds:4
Baths:
Year Built:
Lot Size:8,989

Comparable Properties

COMPARABLE
Choose comps
706 Prospect Ave, South Pasadena, CA 91030

706 Prospect Ave, South Pasadena, CA 91030

Sale: $2,100,000

1/22/20250.00 mi

Area:2,775 sqft
Price/sqft:$757
Beds:4
Baths:
Year Built:
Weight:28.4%
1718 Raymond Hill Rd, South Pasadena, CA 91030

1718 Raymond Hill Rd, South Pasadena, CA 91030

Sale: $1,986,000

4/2/20250.78 mi

Area:3,026 sqft
Price/sqft:$656
Beds:4
Baths:
Year Built:
Weight:25.1%
385 Grace Dr, South Pasadena, CA 91030

385 Grace Dr, South Pasadena, CA 91030

Sale: $1,633,000

10/25/20240.50 mi

Area:2,406 sqft
Price/sqft:$679
Beds:4
Baths:
Year Built:
Weight:23.7%
1930 Leman St, South Pasadena, CA 91030

1930 Leman St, South Pasadena, CA 91030

Sale: $1,600,000

5/16/20251.25 mi

Area:2,238 sqft
Price/sqft:$715
Beds:4
Baths:
Year Built:
Weight:22.9%

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