Pasadena is located in the northeast corner of Los Angeles County sandwiched to the east of Burbank and to the north of downtown Los Angeles. It is a great living community for families as there is a vibrant cultural and academic environment. Nestled in scenic beauty, residents enjoy a lively nightlife and an architecturally rich setting. Old Pasadena is nationally recognized for its vibrant main street revitalization. The historic streets and alleyways are alive with open-air eateries, specialty boutiques, galleries, theaters, antique shops.
In 1872, a group of people in Indiana moved to Rancho San Pasqual, which later became Pasadena, in search of warmer climate. The founders formed the Southern California Orange and Citrus Growers Association allowing newcomers to purchase property. Pasadena later became a stop along the railways welcoming wealthy Easterners as a winter resort with tourist hotels.
South Orange Grove Boulevard, an exclusive residential district, has earned the nickname “Millionaire’s Row,” because it has been home to the rich and famous since the early 20th century. The landmark mansions have housed Adolphus Busch, David and Mary Gamble, and the Bissell family.
Today the city is best known as the host of the annual Tournament of Roses Parade and the Rose Bowl. It is also home to the California Institute of Technology, Carnegie Observatories, the Norton Simon Museum and the Pacific Asia Museum. It is fifteen minutes from Griffith Park and twenty from University of Southern California and downtown Los Angeles. Burbank is the closest airport.
Q1 2021 for the period ending March 31, 2021 per the Multiple Listing Service:
Pasadena – The average single family sale was $1,535,938 for a 2,140 sq ft home on a 7,927 sq ft lot . A total of 228 homes sold with an average of 31 days on market.
South Pasadena – The average sale was $2,748,960 for a 3,141 sq ft home on a 13,932 sq ft lot. A total of 25 homes sold with an average of 59 days on market.