South Pasadena, CA Real Estate News

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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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena, CA - Franciscan Woods Townhome Community   This is an update of real estate market activity for the Franciscan Woods townhome community in the city of South Pasadena.   All information is from our local multiple listing (mls) service as of December 9, 2013.   Built in 1975, Franciscan Woods consists of 46 townhomes that are situated on lane near Garfield Park.  The wooded environment with mature landscaping and meandering pathways is quite appealing.  The complex features a community pool as well.     The residences at Franciscan Woods are multi-level with spacious rooms and two or three bedrooms.  There are attached two car garages with direct access to the home.  The indoor-outdoor appeal of the townhomes is evident with private patios, decks and balconies.   Additiona...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena Ca  Homes for Sale and 90 Day Real Estate Market Trend   This is a summary of South Pasadena homes for sale and a recap of the real estate market for last 90 days.   Information as of December 6, 2013 and is from our local multiple listing service(mls).      South Pasadena celebrates its 125th birthday in 2013 and is well-known for its small town atmosphere where you will find tree-lined streets with character homes. From the weekly award-winning Farmer’s Market near the South Pasadena Gold Line station to its high ranking public schools, well-regarded parks and recreation programs to the unique blend of interesting shops and restaurants - South Pasadena is a popular destination for many.     There are currently 15 South Pasadena homes for sale as of December 6, 2013(per ...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Condos Lofts Townhomes for Sale and Market Update   This is a summary of South Pasadena condos, lofts and townhomes for sale as well as a recap of November sales and year-to-date transactions for 2013 with a comparison to the same time periods in 2012.   Statistical information is from our local multiple listing service(mls) as of December 5, 2013.   South Pasadena is a separate city(not part of Pasadena) within the San Gabriel Valley of Los Angeles County.   The city with a population of about 26,000 boasts highly acclaimed public schools, well-regarded parks and recreation programs, a popular library and a small town atmosphere that is well-known as a stand-in for Anywhere USA in films, television and other media.   The city’s single family homes range from small cot...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Arroyo Oaks Condos Market Update   This is a market update for the Arroyo Oaks condominium complex in South Pasadena as of November 20, 2013.  Statistical information is from our local multiple listing service(mls).      Arroyo Oaks consists of 62 single level condominiums in two buildings(124 and 130 Monterey Road) built in 1981.   With its Mediterranean architectural influence the complex features two central courtyards with mature landscaping, fountains and gazebos.  There is also a pool, spa, patio/lounge area and meeting/recreation room.   Parking is in a subterranean garage and there is additional guest parking on site.   The Arroyo Oaks condos range in size from one bedroom/den to two bedrooms. All units have two baths.   Interior features include fireplaces a...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Homes for Sale and Market Update   This is a summary of South Pasadena single family homes for sale as of November 7, 2013 with a recap of October and 2013 year-to-date sales results. I will also compare results for the same time period in 2012.  All information is from our local multiple listing service(mls) and while deemed reliable is not guaranteed.     South Pasadena is a city(and separate from the city of Pasadena) in the San Gabriel Valley of Los Angeles County.  It is highly convenient to Downtown Los Angeles and both the San Gabriel and San Fernando Valleys.   The city, celebrating its 125th birthday in 2013, boasts highly regarded public schools(three elementary, one middle and one high school), a popular library and excellent parks and recreation programs al...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Condo Lofts Townhomes For Sale and Market Update   This is a summary of South Pasadena condos, lofts and townhomes for sale and the market update for this segment for the month of October as well as year-to-date 2013 with a comparison to the same time periods in 2012.   All information is from our local multiple listing service(MLS).      South Pasadena is a separate city within the San Gabriel Valley of Los Angeles. Currently celebrating its 125th birthday, the city is well-known for its small town charm with high performing schools(one of the top ten in California), well-regarded public library as well as popular parks and recreation programs.   The Mission Gold Line light rail station is the site of the weekly Farmer’s Market each Thursday afternoon.     As of Nov...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
It’s "Halloween" in South Pasadena - 2013     Want an especially scary time in South Pasadena today, October 31, 2013?     How about a trip to the South Pasadena Library?  Yes, the library.   Specifically the Community Room at the library on Halloween, Thursday, October 31 at 7PM.   Now listen, kids and I’ll tell you a blood-curdling tale.  Back in the mid-1970s, filmmaker John Carpenter chose South Pasadena as a co-star in his classic movie, the original “Halloween”.   South Pasadena, errr I mean the city known as Haddonfield in the movie had quite a bit of scream time with sites throughout South Pas standing in for some pretty scary locations.   The cult film continues to attract devoted fans to the city for self-guided tours.       In October 2013, John Carpenter was honored by the S...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena, CA - Vote on Tuesday, November 5, 2013       On Tuesday, November 5, 2013 South Pasadena registered voters will have the opportunity to cast their votes for two council seats and three seats on the board of education.   Leafy South Pasadena is celebrating its 125th year of cityhood in 2013 and is justly proud of its small town atmosphere, highly acclaimed schools, well-regarded public library and extensive parks and recreation programs.      But there are issues facing the city with its aging infrastructure, redevelopment issues including The Rialto Theatre and the long-battle over the 710  Freeway extension.   While the South Pasadena school district ranks high, there are funding issues and a changing testing model that must be dealt with.     The candidates running for...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena, CA - Discover the Spanish-Inspired Architecture of Monterey Townhomes   Located at the southeast corner of Monterey Road and Indiana Avenue in South Pasadena, you will find the 43 unit Spanish-inspired architecture of the Monterey Townhomes community.   Built in 1971, the multi-level townhomes feature two or three bedrooms, two-and-one-half baths, high ceilings, fireplaces and attached two car garages.   Patios and balconies enhance the indoor-outdoor appeal of these residences.     The attractive Monterey Townhomes complex features well-manicured mature landscaped grounds with an association pool and spa.         South Pasadena benefits from a convenient location but with a unique small town charm.  The city boasts a high performing school district(a high school, a midd...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Homes for Sale and Market Update   This is a recap of South Pasadena homes for sale as of October 4, 2013 and a market update for the month of September and for the first nine months of 2013.   All listing information is sourced from our local multiple listing service(referred to as MLS).      Celebrating its 125th year, South Pasadena is not a part of Pasadena, it is a separate city within the San Gabriel Valley in Los Angeles County.   South Pas, as you may hear the city referred, is known for its small town charm.    The city has beautiful tree-lined streets filled with character homes that make it a film location scout’s dream.  It’s common to find lots of Hollywood-like activity going on almost on a daily basis.       Unique shops, galleries, interesting restauran...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Lofts Condos Townhomes for Sale and Market Update   This is a recap of South Pasadena lofts, condos and townhomes for sale as October 3, 2013 as well as a recap of September and year-to-date 2013 sales performance with a comparison to the same period in 2012.   All information is from our local multiple listing service(MLS).   South Pasadena is best known for its character single family homes on tree-lined streets which is reminiscent of a small town which the city often has portrayed in movies, television and other media.   You’ll find unique shops, interesting dining spots and galleries as well as beloved city services including highly regarded schools, acclaimed parks/recreation programs and public library.   The weekly Farmers Market is held each Thursday near th...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Winning The Real Estate Jackpot       As I drove past the Arco Gas Station in South Pasadena, I had no idea of what had transpired over the weekend.  This morning, the Pasadena Star News reported a quick pick lottery ticket was sold at the station on Saturday, September 14, 2013.   The station, located at 1200 Fair Oaks Avenue(corner Monterey) was the site of a Powerball ticket worth more than $2.4 million. The newspaper was quick to point out that winning ticket didn’t include the all-important Powerball number which would have resulted in a quite handsome $317 million jackpot.          Now, if jackpots are important to you -- there was a significant award a few years ago also in South Pasadena.   In 2006, a winner came forth after about one week after it was announ...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Homes for Sale and Market Update - August 2013       This is a summary of South Pasadena homes for sale as well as a market update for single family homes sold for the month of August and year-to-date 2013 with a comparison to the same period in 2012.   Information is from our local multiple listing service statistics(MLS) as of September 6, 2013 and may not include all sales or activity that has taken place.   South Pasadena is celebrating its 125th birthday in 2013 as a separate city(not to be confused with its larger sibling to the north - Pasadena).   South Pasadena prides itself as a city with a small town atmosphere and appeal but convenient to the big city.   It’s  highly acclaimed schools, well-regarded parks, recreation and library programs and locally owned b...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena Lofts, Condos and Townhomes for Sale and Market Update     This is an update of South Pasadena lofts, condos and townhomes for sale, in escrow and sold since January 2013(per our local multiple listing statistics as of September 5, 2013) with a comparison to the same period in 2012.      The city of South Pasadena(a separate city from Pasadena) is well known for its small town atmosphere, highly regarded schools, excellent parks and recreation programs, well-loved library and interesting collection of stores, restaurants and galleries.      The location is convenient to Downtown Los Angeles, the San Gabriel and San Fernando valleys as well as LA’s Westside via its proximity to freeways as well as a Gold Line station at Mission and Meridian which is also home to the weekly...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Single Family Homes For Sale and Market Update   This is a report of South Pasadena single family homes for sale(as of August 7, 2013 per our multiple listing service statistics) along with a market update for the month of July and year-to-date sales performance comparing 2013 and 2012.   South Pasadena is a separate city in the San Gabriel Valley of Los Angeles County and is well-known for its highly acclaimed school district, excellent parks and recreation program and small town atmosphere which often is the setting for many movies, television shows and print media.   The location is quite convenient to freeways and the Gold Line station which is also home to the weekly Farmers Market every Thursday afternoon/early evening.   The ambiance of the city creates a popula...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Condos, Lofts and Townhomes for Sale   With its small town atmosphere, South Pasadena has a unique appeal in the San Gabriel Valley of Los Angeles County   This convenient and popular city is well-known for its character homes on tree-lined streets, well-regarded schools, exceptional parks/recreation programs and so much more.      You can also find South Pasadena condos, lofts and townhomes for sale here.   As of August 4, 2013 there are eight properties in this category for sale according to our local multiple listing service(MLS).   These range in price from $460,000 to $689,000.  Eight additional properties are in escrow.   For the month of July 2013 there were seven sales.  Those transactions from $394,000 to $709,950 had a cumulative average sold price versus las...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA Lofts Condos Townhomes For Sale & 2013 Sales Update       This is a report for South Pasadena lofts, condos and townhomes for sale as of July 11, 2013 and a sales update for the January through June 2013 time period.   All information is from our local MLS(multiple listing service) and while believed to be accurate has not been verified and is not guaranteed.   South Pasadena is a separate city within the San Gabriel Valley of Los Angeles and is celebrating its 125th birthday this year.   While it’s a short distance to Downtown Los Angeles, South Pas, as locals call it, is often used as a stand-in for Anywhere USA in films, television and other media because of its small town ambience.        Primarily known for its tree-lined streets with character homes of nearly eve...
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By Michael Jacobs, Los Angeles Pasadena 818.516.4393
South Pasadena CA - Single Family Homes for Sale & 2013 Mid-Year Update   South Pasadena is a separate city(not part of its larger neighbor to the north - Pasadena) that has a small-town charm with tree-lined streets, well-regarded schools, a popular public library, an extensive parks and recreation program as well as a strong community spirit.    The Thursday weekly Farmers Market, adjacent to the South Pasadena Gold Line light rail station, is a favorite gathering place for residents and visitors alike who enjoy the South Pas life.   There are currently 21 South Pasadena single family homes for sale according to our local multiple listing service(MLS) as of July 9, 2013.   They range from a newly listed home on Park Avenue with two bedrooms and one bath priced at $575,000 to $2,998,00...
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