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South Pasadena, CA Real Estate News

By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Condos Lofts Townhomes Real Estate Market Update   This is a real estate market update for South Pasadena condos, lofts and townhomes as of August 7, 2014.   It covers those currently for sale, in escrow and July 2014 sales as well as a recap of transactions for the first seven months of the year with a comparison to the same time period in 2013.   All information is from our local multiple listing service(mls).   The small town atmosphere of South Pasadena has a unique appeal as evidenced by its appearance in films, television shows and commercials where it can be seen as Anywhere USA.   Known to residents as South Pas, you will find exceptional public schools(currently ranked within the top ten in the state) along with excellent parks and recreation programs, a popul...
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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 7/27/14:   It's a Seller’s Market, Here's why:   2.3 months supply of homes trending 34 Homes available total   # Condos Available: 8 (2 new this week)   # Single Family Homes Available: 26 (3 new this week)   The 6 month numbers are as follows:   Average Sale Price: $1,014,130   Median Sale Price: $950,000   Average Days on Market: 42   Average Sale Price to List Price Ratio: 104.15   Of Special Note this week: The bigger picture for South Pasadena homes for sale since late March shows an increase in inventory, which is typical for a winter into summer comparison, however, demand continues to outstrip supply. This is shown in the average days on market (down by 10 days), the sale price to list price ratio ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena Mission Meridian Village   This is a recap of real estate market activity for Mission Meridian VIllage complex which consists of lofts, condos, townhomes and patio homes. Statistical information is from our local multiple listing service (mls) as of July 10, 2014.   Mission Meridian Village is a unique collection of various housing types designed by architects Moule & Polyzoides.     The urban village created is definitely a part of the New Urbanism movement the firm coined.  Reflecting early California architecture, you will find hints of Craftsman and Spanish Mission influences along with 20th century brick clad buildings.   Intimate landscaped courtyards and street level business further enhance the lifestyle.         Located just north of the South Pasadena Gold Line ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Condos Lofts Townhomes For Sale and Update   This is a summary of South Pasadena condos, lofts and townhomes for sale and an update of real estate activity for the first six months of 2014. Statistical information is from our local multiple listing service(mls) as of July 8, 2014.      While South Pasadena is primarily known for its single family homes, there are a limited number of condos, lofts and townhomes in this small city.  For information regarding the city and a recap of the South Pasadena single family home market check South Pasadena, CA Homes for Sale and Mid-Year 2014 Market Update.   There are currently just ten properties in the condominium, loft and townhome segment of the South Pasadena real estate market.  They range in list price from $420,000(a two ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena,  CA Homes for Sale and Mid-Year 2014 Market Update     This is a summary of South Pasadena homes for sale along with a recap of homes in escrow and sales in the first six months of 2014.  All statistical information is from our local multiple listing service(mls) from July 7, 2014.      South Pasadena is a separate city within the San Gabriel Valley of Los Angeles County.   Known as South Pas by locals and visitors alike, it is a city of about 25,000 residents who are attracted to its small town atmosphere yet close in enough to the “big city”.   Here you will find interesting stores and restaurants, art galleries, a weekly farmers market and parades.  Tree-lined streets with character homes are often used in advertising, television series and movies because they look so...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Historical Ostrich Farm Lofts For Sale June 20, 2014       This is a real estate update of the historical Ostrich Farm Lofts.  The South Pasadena site was the first ostrich farm in the United States and opened in 1886 as the Cawston Ostrich Farm.  It has been stated that the original ostriches made the journey from their native South Africa to Texas and eventually by train to what is now the Ostrich Farm Lofts at 1010 Sycamore Avenue.   Although that  trip resulted in the survival of only 18 of the original 50, there was at one point over 100 ostriches here.   During the early 20th century, visitors could experience ostrich drawn carriage rides and buy ostrich related items at the factory store.   In 2006, the former factory - it had been turned into a clothing factory...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena Homes For Sale and Real Estate Market Update June 2014     This is a recap of South Pasadena homes for sale and an update for the single family homes segment of the real estate market year-to-date as of the date of this report.     All statistical information is from our local multiple listing service (mls) as of June 9, 2014.   South Pasadena is a separate city within the San Gabriel Valley of Los Angeles County.  Its small town charm makes it a popular destination for its population of more than 25,000.  Exceptional schools, a well-regarded public library along with a full array of parks and recreation programs as well as a  successful Thursday late afternoon Farmers Market are just some of the many contributing factors.      You will find character homes on tree-lined ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Condos Lofts Townhomes For Sale June 2014   This is a market update for South Pasadena condominium, lofts and townhomes real estate market.   All statistical information is from our local multiple listing service(mls) as of June 8, 2014.   South Pasadena is a city within the San Gabriel Valley of Los Angeles County - it is not a part of Pasadena - it is a separate city.  While much smaller in size(both area and population) than its more famous neighbor, the city has much to be proud.  It boasts excellent public schools (currently ranked in the top ten for the entire state), well-regarded library, popular parks and recreation programs as well as a small town atmosphere that is so representative of Anywhere, USA it is often used as a stand-in for films, television and ad...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA - Just SOLD San Pasqual Townhouse   514 Garfield Ave Unit A Just SOLD!   514 Garfield Avenue Unit A closed escrow on Monday, May 12, 2014   The sale was the third highest sale price in the San Pasqual townhome complex according to multiple listing service(mls) statistics.  EVER!   The sale was the highest price per square foot in the San Pasqual townhome. EVER!   $500.31 per square foot!     You may remember 514 Garfield Avenue Unit A in the San Pasqual Townhome complex.     The townhome was transformed from ordinary to extraordinary.  Thoughtfully reimagined, it reflects exceptional attention to detail with numerous and significant updates.   Materials were chosen carefully with a subtle sophisticated style.  A desirable South Pasadena address.   Two spacious bedrooms...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA Real Estate Market Update April 2014 Year-to-Date   This is an update for the real estate market in the city of South Pasadena.   South Pasadena is not a neighborhood of Pasadena but a separate city which celebrated its 125th birthday in 2014.  South Pas as it is often referred, boasts a small town atmosphere which often fills in for Anywhere USA in film, television and advertising.   Tree-lined streets with character homes further enhance this image.   Parades, the weekly Farmers Market, small stores, interesting cafes and restaurants, art galleries, a well-regarded library, highly acclaimed public schools (currently ranked top ten in the state), a light rail station(Gold Line) and popular parks and recreation programs all combine to create a popular place to live, wo...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
South Pasadena CA - First Quarter 2014 Real Estate Market Update   This is a recap of the South Pasadena real estate market for the first quarter of 2014 with a comparison to the same time period in 2013. All statistical information is from our local multiple listing service(mls) as of April 4, 2014.     South Pasadena is a separate city within the San Gabriel Valley of Los Angeles County.  It is not nor has it ever been a part of Pasadena.  South Pasadena celebrated its 125th birthday in 2013 and is known in the area for its small town charm and atmosphere where an excellent school district(currently ranked in the top ten in the state), well-regarded parks and recreation programs along with unique shops and dining spots make it a popular destination.   You’ll find art walks, parades an...
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By Michael Jacobs, Pasadena And Southern California 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, Pasadena And Southern California 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, Pasadena And Southern California 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, Pasadena And Southern California 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, Pasadena And Southern California 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, Pasadena And Southern California 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, Pasadena And Southern California 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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