Welcome to Pasadena
Elegant Pasadena is a city in Northeast Los Angeles with a wide range of sub-communities within it. Northeast, Northwest, Southeast, and Southwest are the 4 quadrants that make up the city. Pasadena is its own municipality, so it is not governed by LA city. Buying real estate in Pasadena differs from other parts of Los Angeles, so it is important to understand the nuances before you get into escrow. South Pasadena is a separate community that is affiliated with the City of Los Angeles. Pasadena is known for its Craftsman era architecture. The famed Gamble House is the standard, but incredible variations are found throughout Pasadena. Take a look at Bungalow Heaven, where the streets are lined with the most adorable homes you have ever seen.
Insider tip: Regency Theaters charges $3 for movies that were released about 1 month prior. If you get there before 6, it’s $2! Bonus tip: If you park on the streets after 3 am, you will need to acquire an overnight parking pass online or at a kiosk.
Pasadena Real Estate Insights
With so many neighborhoods throughout Pasadena and a variety of home sizes and prices, this general information only really speaks to the overall market condition. Like most of Los Angeles, Pasadena has seen home prices rise considerably over the past decade. The median home price for all of Pasadena over the past year is $880,000 which is up 12.8% from last year. The median price per square foot is $572 which represents a 12% increase over last year. If you are interested in a specific part of Pasadena, just let me know and I will share all of the market-specific data for the area.
People and Lifestyle
Pasadena is the cultural hub of Northeast Los Angeles. With its elegant Huntington Gardens, lavish hotels, museums, and theaters, Pasadena earn its reputation as the “Crown of the San Gabriel Valley.” Residents enjoy a bustling old-town with shops and restaurants along Colorado Boulevard, where it is easy to Make-A-Day-Of-It. The area is also home to the Pasadena Playhouse and the Huntington Library. The iconic Rose Bowl which not only hosts UCLA Football and the famed Tournament of Roses also runs a monthly flea market that is world-renowned. Many residents work for the California Institute of Technology or attend Art Center College of Design.