How Small Can You Go in Pasadena?

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/FFG

How Small Can You Go in Pasadena?


Cinema Lofts in Pasadena


How small can you go in Pasadena?   No, this isn’t a question if you can fit into those skinny jeans or into that high school varsity jacket -- but how small of a home would be comfortable for you?


Don Carlos Court in Pasadena


In recent years, there has been a lot of discussion about simplifying life -- living with less “stuff” but realistically - how small can you go?   In Pasadena there are four properties on the market for sale with less than 600 square feet.   Yes 600 square feet -- roughly 20 feet by 30 feet -- about the size of a three car garage.


Interestingly enough, of the four properties on the market for sale(as found in our local multiple listing service MLS) -- two condominium complexes are represented.   Two of these homes are in the El Molino Terrace complex located at 300 North El Molino in the Playhouse District.   One is a short sale studio priced at $174,000 and the other is a bank owned studio priced at $192,500.  Both are approximately 450 square feet.   The other two are at 2008 built Cinema Lofts at 217 South Marengo.   These Old Pasadena adjacent lofts have 540 or 550 square feet and are priced at $359,900 and $369,000.

There are three properties in escrow with under 600 square feet priced with list prices from $215,000 to $230,000.   Since January 2012 there have been eleven sales recorded  according to our local MLS.  They ranged closed price from $103,000(a 238 square foot historic studio at The Barcelona) to $355,000(a Cinema Lofts unit in May).  


Castle Green in Pasadena


So if simplifying your life is part of your real estate plan please give me a call to discuss the possibilities in Pasadena and beyond.  And if you prefer a home of any other size, I can assist you too.  I can be reached at 818.516.4393 cell or michaeljacobs@coldwellbanker.com   How small can you go in Pasadena?


El Molino Terrace in Pasadena

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Condos, What you need to know?
The Ninety-ninth Percentile
Architecturally Interesting
Tags:
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simplifying your life in pasadena
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Rainmaker
1,124,744
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Michael - I can do small, in fact there are times I long for it, but at 238 square feet, that's just a little too small for me, after all there has to be enough room for my shoes!

Jul 30, 2012 12:44 PM #3
Rainmaker
3,396,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Kathy -- you are exactly right about the floor plan and how the space is laid out.  I also think high ceilings, large windows and outdoor space can add to the appeal.

Suzanne -- I guess it's a good idea for you(conceptually).

Laura -- the kitchen space of the studio unit at The Barcelona I mentioned(238 sq ft) was about the size of a hall closet - everything would definitely need to serve mutliple functions.

Jul 30, 2012 01:06 PM #4
Ambassador
1,709,615
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy and evening Michael

Michael my friend, a good many folks sure have been embracing small home living, in sizes ranging from 64 to 840 sqare feet. By living in a small home sure can save folks money on their Utilities. Some folks have actually cut their Utilitie bill down to $65.00 a year, by living in a small home.

Have a good one

Dale in New Hampshire

Jul 30, 2012 02:22 PM #5
Rainmaker
3,223,833
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael when you are young and in love you can live in f under 600 sq ft....when I lived in Boston we had a place that was 575sq ft. now we live in around 1250 and we can barely fit:))

Jul 30, 2012 03:25 PM #6
Rainmaker
3,396,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Dale -- sometimes it is a matter of budget and sometimes it may be a matter of living more simply --- when those utility bills come in there is definitely a major difference between living in a smaller home or condo versus 3000+ square feet of home on a large lot.  

Endre -- living and working in real estate in Southern California as we do and seeing the look on the face of transferring buyers can be a very sobering experience when faced with their purchasing power  I'm sure agents working in San Francisco, New York City, Boston, Honolulu must experience the same thing.   

 

Jul 30, 2012 03:49 PM #7
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Depending on how the space is laid out, 600 square feet can be very comfortable.  We all need to be realistic about how much space we actually need, not desire.

Jul 30, 2012 08:30 PM #8
Rainmaker
2,049,634
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Fort Worth, TX
Selling Homes Changing Lives

Michael,

This is a timely report on housing and something we need to pay attention to. There's a new apartment complex going up in Flower Mound. The developer is from Kansas and he's putting up apartments, teeny tiny apartments like this all over America. He believes its' the wave of the future. I think America will look like India and Japan if this economy continues and developers keep up with these trends and the homeless situation doesn't change because of the economy.

WE NEED JOBS! WE NEED HOUSING! PEOPLE ARE BEING FORCED TO LIVE WITH LESS.

Jul 30, 2012 08:54 PM #9
Rainmaker
1,404,088
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Hi Michael...I am trying to think what it would be like to live in 238 sqft. OMG.

Great post letting us know you seem to have something for everyone in your area.

Jul 30, 2012 10:35 PM #10
Rainmaker
1,333,998
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Michael - I don't know if I could comfortable live in anything less than 1,000 square feet, maybe 900.

Jul 30, 2012 11:22 PM #11
Rainmaker
3,396,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Roger -- I agree I've seen 2000 square feet homes that seem quite grand while others seem cramped.  It's more than the just the size.

Hi Patricia -- I'm not sure of the developer you refer(but your comment prompts me to do some searching).   There are people who are choosing to live in less space and others that are forced to do so due to the economy.  The properties I shared in Pasadena are of choice.   

Hi Jeffrey -- very carefully, very carefully....

Good morning, Michelle -- the trend for many years was the ever increasing square footages of homes, so I find this trend of decreasing square footages interesting.   It's great when there is choice.  

Jul 30, 2012 11:32 PM #12
Ambassador
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Michael -

I've lived in 800 sq ft but I was batching it back in the day. Don't think Debbie and I plus the dog could make it in less than maybe 1,500. Someone might get hurt :) Actually we did downsize a few years back and it's working just fine for us and our lifestyle. Complete with home officing! Suggested

Jul 31, 2012 02:12 AM #13
Ambassador
2,302,532
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Michael.  I hate to say it but my family room is about 20 by 30.  Sometimes I think small and simple would be the way to go. 

Jul 31, 2012 02:49 AM #14
Rainmaker
3,396,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi John -- the ability and/or desire to live in less space is certainly easier with one person than with two or more.   I laughed when I read your  thought about someone might get hurt if living quarters are too tight -- people need space.   Determining how much can obviously vary greatly.   Thanks for suggesting -- I appreciate your comments.

Hey Belinda -- why do you hate to say that?  I think Rocky needs enough space to fetch and even a 20 by 30 room may not be enough.   

Jul 31, 2012 03:31 AM #15
Rainmaker
1,085,861
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Hi Michael-This is interesting that you have brought this up.  My first apt was a one room studio. When I had my home in NY it was under 1000 sq ft and I had a 20x20 garage and what happened of course is the more room you have the more unnecessary things you acquire.

I went from that home to a 500 sq ft apt. It had a lot of storage space which was good but I still had more than I really needed. Wanted, now that is a different story but I lived comfortably in that area for two years. I then moved to another apt about the same size but the layout was different. The thing I liked better than more space was it was bright and sunny. My first one was on the back side of the building and it only got the sun in the morning so it was dark enough during most of the day to need a light on.

Fast forward to the last 2 yrs where I have got accustomed to living with my elderly Mom. because she needed full time care. She has a home under 1000 sq ft. She has one bedroom and i have another. Basically my office/bedroom is set up in this 11x13 bedroom. You learn quickly what you need and what you can live without.

What I could use in this house is another BA there is only one. I had all my furniture in storage until a year ago. I know have a 14x36 storage shed in Mom's side yard that I turned into a little woman cave but it is suitable for a small home. It has air,heat, lights and was designed for a small home including a laundry room and BA.

236 sq ft would be too small unless I had a garage or storage shed. The thing I think about more than anything is if I was to have a small space like 400 or 500 sq ft. I wouldn't want to pay a lot for it.

I do know cost of living is high in CA and NYC and space is at a premium. It is funny how small you can live when you have to. The nice thing in my situation with what I call my woman cave next door is that it is close by but still gives me some much needed privacy. While I do get that to a point in my bedroom. It is nice have that 504 sq ft shed/home to decorate it anyway I want and this way I don't have all my stuff in storage until my Mom passes.

OK I think my comment is LONG enough, Smiling

 

 

Jul 31, 2012 04:58 AM #16
Rainmaker
3,396,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Sharon ---  I know of someone who has lived in New York City for over twenty years in a studio apartment(probably 400  square feet) --- as others have stated it's all about the floor plan.  I think the two biggest issues are storage and outdoor space.  Obviously in NYC both are at a premium.  As you commented, the more space there is -- the the greater volume of things that are accquired -- some kind of math formula as I recall.

I think many people who will find the concept of "woman cave" an ideal solution regardless of the size of the home where they are  living -- could be the perfect escape.   

Thanks for your comment -- it is much appreciated.   Have a great day.

 

 

Jul 31, 2012 05:14 AM #17
Ambassador
2,798,551
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Great post - a very interesting market report variation. Over the years, we've seen so many clever ways to make small spaces so much more than merely livable (and seen huge spaces completely wasted.)

Jul 31, 2012 07:07 AM #18
Rainmaker
3,396,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Dick -- just because it's big doesn't necessarily mean that it is a good or a well-planned space.   I think those who can design a small efficiently and with a sense of style can be considered the true masters of design.  

Jul 31, 2012 08:53 AM #19
Rainmaker
622,746
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Here in Manhattan, 600 sq ft is more than enough space.  I think a lot of it depends on the layout and how efficient is the space and then how you use it.  I've seen 250 sq ft apartments that have a genius level of built ins, customized furniture that makes it feel so much bigger than it actually is.

Aug 01, 2012 05:30 AM #20
Rainmaker
279,013
Don Eichler
Eichler Properties - Granbury, TX

Michael, I have often thought of a small two bedroom cottage for me now that I am no longer married but I always talk myself out of it.  The price of homes in Texas are so under the market price of other states buying one at the above price would cause me to have bad dreams.  I now live in a four bedroom 1660 sq feet plus the 500 sq ft garage on one acre and it was a downsize after divorce.  I just don't think I could fit into 600 feet.  Thanks for the post and information on the little ones.

Sep 19, 2012 02:31 AM #21
Rainmaker
3,396,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Morgan -- I agree the floor plan and room arrangement is so important in the "feel" of a space and I would add ceiling height and the amount of natural light can enhance it even more.   

Don -- while, not for everyone and not a "big" part of our market, it's nice to know they exist for those who may fit in to a smaller space just fine.   Thanks for stopping by and commenting.  

Sep 20, 2012 12:36 AM #22
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Michael Jacobs

Los Angeles Pasadena 818.516.4393
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