South Pasadena, CA Real Estate News

By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - 514 Garfield Ave “A” Showings Begin Sunday 3.30.14       New Listing!   Transformed from ordinary to extraordinary, this thoughtfully reimagined townhouse reflects exceptional attention to detail.  Numerous and significant updates. Carefully chosen materials.  Subtle sophisticated style. Desirable South Pasadena address. Mediterranean-inspired San Pasqual gated townhome complex.  So much to discover.   514 Garfield Avenue Residence A - South Pasadena Showings begin Sunday, March 30, 2014 Noon until 5PM The two spacious bedrooms feature dramatic high ceilings, clerestory windows, walk-in closets and en suite baths. Each of the three baths have been renovated with a high level of taste and a spa-like ambiance.  The well-proportioned rooms combine with the flexible, ope...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
  South Pasadena CA - San Pasqual Townhome Open House Sunday 3.30.14       Open House Sunday, March 30, 2014 First showings begin Open House Open Noon until 5PM       514 Garfield Avenue, Residence A in South Pasadena       in the beautiful San Pasqual gated community.   34 townhomes with Mediterranean-inspired architecture   Beautifully landscaped grounds   Professionally managed complex   Resort-like setting with pool and spa   Close to all things South Pasadena - excellent(ranked in the top ten in California) school district, well-regarded library, popular parks and recreation programs, transportation(freeways and Gold Line light rail station), weekly farmer’s market plus the small town charm that attracts many.      Showings begin at Open House Sunday, March 30, 2014 12 - 5PM 514 Ga...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena - This Townhome Features A Kitchen to Linger and Mingle   Coming Soon!   Beginning, Sunday, March 30, 2014 this South Pasadena townhome will be available to be shown for the first time.   An Open House event from 12 until 5PM is scheduled.     Today, the fabulous kitchen is revealed.   It is an expansive space.  It’s a place where you will linger and mingle.  Whether it’s over an extra cup of coffee in the morning or the weekend party where friends will gather to talk, eat, drink, enjoy company and create those oh so important and memorable good times.   Check out these features:     Custom cabinetry with crown molding Hand selected brushed nickel hardware Extra deep storage Impressive oversized granite island with storage.  Room for six bar stools(with space to spare) Mu...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Sumptuous Baths Make A Difference   South Pasadena Extensively Renovated Townhome - Coming Soon!   Each of the three baths in this South Pasadena townhome has been renovated with a great deal of style and panache.     First floor powder room  The pocket door addition along with the removal of the oak vanity with a replacement of a pedestal sink(with bamboo mirror) truly enhances the space.  Bamboo flooring complements the tile accents quite nicely, don’t you think?   Notice the Schonbek pendant lighting and scone with Swarovski crystal accents. You may notice but these features are certainly noteworthy:   Broan fan, oil-rubbed bronze hardware and American Standard toilet.     Second bedroom suite(full bath) Isn’t the tile flooring with jeweled medallion accents so ch...
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By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
  Here’s the market update for South Pasadena Homes for Sale for the week ending 3/23/14:   It's a Seller’s Market, Here's why:   1.5 months supply of homes trending 25 Homes available total   # Condos Available: 5 (0 new this week)   # Single Family Homes Available: 20 (4 new this week)   The 6 month numbers are as follows:   Average Sale Price: $912,790   Median Sale Price: $800,800   Average Days on Market: 53   Average Sale Price to List Price Ratio: 102.59   Of Special Note this week: South Pasadena homes for sale inventory has been low for months, and this is indicative of all of the West San Gabriel Valley, however, there appears to be some easing of this with 4 new properties coming to market this past week. Of the 83 sold over the last 6 months, 51 were sold at or over list pri...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena, CA - Coming Soon - Dramatic and Sophisticated Townhouse Transformed from ordinary to extraordinary, this thoughtfully reimagined townhome reflects exceptional attention to detail.      Numerous and significant updates.  Carefully chosen materials.  Subtle sophisticated style.  Desirable South Pasadena address.  So much to discover.     The two spacious bedrooms boast dramatic high ceilings,clerestory windows, walk-in closets and en suite baths.       Each of the three baths have been renovated with a high level of taste and a spa-like ambiance.       The well-proportioned rooms combine with the flexible, open floor plan to create a home that is quite livable.     But it is the expansive kitchen where you will linger and mingle. Whether it is over an extra cup of coffee i...
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By Michelle Drewry, Realtor - Signature Real Estate Group
(Signature Real Estate Group )
Knowing What to Do and When to Do it Can Save You Time and Disappointment   Image courtesy of photostock/ FreeDigitalPhotos.net By Michelle Drewry – Realtor® with Coldwell Banker Residential Brokerage             If you are a first time or second time buyer now looking to buy a home in South Pasadena, CA, there are a few things you should know about the buying process to avoid eventual disappointment.         You’ve decided it’s the right time to buy a home, and South Pasadena is a wonderful community of caring and connecting people with just the right school system to assist your children in gaining an educational advantage.  So what’s the problem; what can stop you now from getting your new home?       ·       First:  Most buyers begin their home search online about 3 to 12 months bef...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
Convenient Location of South Pasadena Condos at 314 Monterey Road     When a convenient South Pasadena location is important, the condos at 314 Monterey Road are a wise choice for buyers who want to become owners.  The 24 units were built in 1982 in an open courtyard-style setting  with a pool and spa on site.  Parking is subterranean and there is guest parking available.  There are also common area laundry facilities although some units have individual washer-dryer connections.   The one and two level condos feature one to two bedrooms and up to two baths with either a patio or balcony area.     Again, the location takes center stage for these condos which offers easy access to freeways as well as the Gold Line light rail station.  The station at Mission and Meridian also happens to be...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Real Estate Market Update - 03.02.14   This is a summary of the South Pasadena real estate market as of March 2, 2014.  It covers sales for the first two months of the year with a comparison to the same period in 2013.   The update is divided into categories - single family homes and condos, lofts and townhomes.  All statistical information is from our local multiple listing service(mls).   South Pasadena celebrated its 125th birthday in 2013 and is a separate city within the San Gabriel Valley of Los Angeles.  It is adjacent to the city of Pasadena, Alhambra, San Marino and the city of Los Angeles.   It is well-known for its highly acclaimed school district(once again in the top ten for the state in 2013) and its small town charm of character homes on tree-lined stree...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Real Estate For Sale and Market Update 02.06.14   This is a real estate update for South Pasadena as of February 6, 2014 with statistical information from our local multiple listing service(mls).  The update includes single family homes, condos, townhomes and lofts currently for sale, in escrow and sales in January 2014 with a comparison to January 2013.      South Pasadena has a small town charm where you can find  tree-lined streets with character homes as well as more modern homes with incredible views in the hills.   The city which is an independent city - not a part of Pasadena - is used extensively in films, television, commercials, video and print media as it can often fit the role as Anywhere USA.      The school district is well-regarded and the library plus i...
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By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
  Here’s the market update for South Pasadena Homes for Sale for the week ending 2/3/14:   It's a Seller’s Market, Here's why:   1.5 months supply of homes trending 22 Homes available total   # Condos Available: 7 (1 new this week)   # Single Family Homes Available: 15 (1 new this week)   The 6 month numbers are as follows:   Average Sale Price: $943,323   Median Sale Price: $800,400   Average Days on Market: 51   Average Sale Price to List Price Ratio: 102.29   Of Special Note this week: Only 2 new properties became available this week, although 1 of the properties had been on before with another agent, and 4 closed escrow, all at or above list price! With demand remaining high for this great community, 5 South Pasadena homes for sale went into escrow this week, which despite 2 new hom...
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By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
Here’s the market update for South Pasadena Homes for Sale for the week ending 1/20/14: It's a Seller’s Market, Here's why:   1.5 months supply of homes trending 25 Homes available total   # Condos Available: 8 (1 new this week) # Single Family Homes Available: 17 (4 new this week!) The 6 month numbers are as follows: Average Sale Price: $972,106 Median Sale Price: $835,000 Average Days on Market: 48 Average Sale Price to List Price Ratio: 102.35   Of Special Note this week: The speed coming out of the holidays is picking up, not at the pace equal to that in 2013, but noticeable enough given new inventory for the week and 3 new offers accepted for new escrows. With closings down due to the time lag of the holidays 1 month ago (based on assumed 30 day escrow periods), the average sale pr...
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By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
  Here’s the market update for South Pasadena Homes for Sale for the week ending 1/13/14:   It's a Seller’s Market, Here's why:   1.3 months supply of homes trending 23 Homes available total   # Condos Available: 8 (1 new this week)   # Single Family Homes Available: 15 (4 new this week!)   The 6 month numbers are as follows:   Average Sale Price: $981,485   Median Sale Price: $835,000   Average Days on Market: 47   Average Sale Price to List Price Ratio: 101.54   Of Special Note this week: Happy New Year! A month over the holidays in South Pasadena does not miss much in the way of real estate, its extremely slow, and this year was no different. Inventory dropped as existing properties sold, and seller’s were distracted by holiday activities instead of going on market, while existing bu...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena Homes for Sale and Real Estate Market Update 01.07.14     This is a summary of South Pasadena CA homes for sale and the real estate market update for those currently in escrow and sales for 2013 with a comparison to 2012 sales.  All information is from our local multiple listing service(mls) as of January 6, 2014.   South Pasadena is a separate city within the San Gabriel Valley of Los Angeles.  In 2013, the city celebrated its 125th birthday.  It is so widely known in the area as capturing the spirit of small town America with its tree-lined streets of character homes that it often fills in for cities across the country for filming.     Add in well-regarded schools, popular parks and recreation programs, a fine public library and you can understand the popularity of the ...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Townhomes for Sale and Market Update - 01.06.14   This is a summary of South Pasadena townhomes currently for sale, in escrow and sold in 2013 with a comparison to sales in 2012.   All information is from our local multiple listing service(mls) as of January 5, 2014.   For people who like a more carefree lifestyle, a townhouse may be a great option. Each of the townhomes in this report has a garage which is an added benefit especially these days when many of us have “too much stuff”.        South Pasadena benefits from a highly acclaimed school district, popular parks and recreation programs, well-regarded public library along with a small town atmosphere where you’ll find unique shops, dining and galleries.      Often used in filming because of its Anywhere USA appear...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Condos for Sale and 2013 Real Estate Market Update   This is a summary of the South Pasadena market update for the condominium segment of the real estate market update.   All statistical information is from the local multiple listing service(mls) as of January 5, 2014.   For purposes of this report condos are generally single level floor plans but there are some two level units included.  Lofts are not considered in this report.   Also those included here have carport or subterranean parking and not private garages.         With its small town charm and tree-lined streets, unique shops and restaurants, well-regarded schools, popular parks/ recreation programs, a highly acclaimed public library and convenient location, South Pasadena is a popular destination for many ho...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Lofts for Sale and 2013 Real Estate Market Update     This is a summary of the South Pasadena market update for the lofts segment of the real estate market update.   All statistical information is from the local multiple listing service(mls) as of January 5, 2014.   The number of lofts in South Pasadena is small in comparison to the total real estate market but it is one that garners quite a bit of attention.  Within the city, there are some lofts that have been transformed from older buildings to those that were built new.   South Pasadena is a separate city within the San Gabriel Valley known for its small town charm with tree-lined streets, unique shops and restaurants, well-regarded schools, popular parks and recreation programs, highly acclaimed public library a...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Crunch Time For The Rose Parade           Crunch time is that time as the Rose Parade approaches and the final flowers are attached to each of the floats hit that famous intersection of South Orange Grove and Colorado boulevards.       Most of the floats in the annual Rose Parade are sponsored by large companies and built by professional float builders.  South Pasadena is participating in the 125th Tournament of Roses parade and is one of the few self-built floats in the annual event.   This all volunteer effort ensures the float from the city of South Pasadena is beautifully decorated with roses, flowers, seeds and other organic materials.     On Monday, I stopped by the tent behind the War Memorial Building on Fair Oaks Avenue under the Oaklawn Bridge to check on p...
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By Lee Bothast, CRS, 2nd Generation Pasadena Area Realtor
(Coldwell Banker Residential Brokerage)
Here’s the market update for South Pasadena Homes for Sale for the week ending 12/15/13:   It's a Seller’s Market, Here's why:   1.3 months supply of homes trending 22 Homes available total # Condos Available: 9 (0 new this week) # Single Family Homes Available: 13 (1 new this week!)   The 6 month numbers are as follows: Average Sale Price: $991,633 Median Sale Price: $842,526 Average Days on Market: 39 Average Sale Price to List Price Ratio: 102.19   Of Special Note this week: Average sale price is down from the previous week, which I think is statistical and not indicative of a trend. Average dollar per square foot is up slightly, as is sale price to list price ratio. 2 properties closed this week, including my buyer at 626 N. Garfield. They are very excited 1st time homebuyers and ar...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - San Pasqual Mediterranean-Inspired Townhomes   This is a summary of the real estate market activity for the San Pasqual Mediterranean-inspired townhome complex in the city of South Pasadena.   All information is from our local multiple listing service(mls) as of December 15, 2013. The information reflects activity year-to-date 2013 with a comparison to full year 2012 and 2011.   The San Pasqual townhome community was built 1986.  It consists of 34 multi-level townhomes with distinctive architecture reminiscent of early California.  The professionally managed complex has a pool, spa, beautiful lounge area and recreation/meeting room.   The grounds feature mature landscaping .  The residences are two or three bedrooms with up to two-and-one-half baths.     Featuring dr...
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