Pasadena, California, located in Los Angeles County, is the cultural center of the San Gabriel Valley. A sophisticated city of approximately 134,000 people, Pasadena is most famous for hosting the Rose Bowl football game and the Tournament of Roses Parade.
Nine miles northeast of Los Angeles and snugly situated at the base of the San Gabriel Mountains, Pasadena shares a border with the city of Glendale to the west and is south of the Angeles National Forest. Long famous for its surrounding natural beauty and quintessential sunny California climate, it comes as no surprise that most homebuyers and businesses consider it to be their location of choice in the region.
Pasadena property values, both residential and commercial, have been rising steadily ever since the city's inception in the late 19 th century. They've only fallen once, and this was during the time of the Great Depression. Yet even during that desperate era Pasadena was judged the best city to live in by a Columbia University study. These days, Pasadena real estate is at a premium, with properties almost immediately being bought as soon as they're put up for sale. As such, it would be wise to consult with a trusted real estate agent who can look out for your interests and can even offer Pasadena asset management services.
With its wide, tree-lined avenues, well-preserved turn-of-the-century architecture, and lush gardens, the city has enticed many a visitor into staying permanently - or at least into investing in Pasadena real estate. The city has been home to a number of notable families over the years. South Orange Grove Boulevard, one of the city's exclusive residential areas, earned the nickname "Millionaire's Row" at the beginning of the 20 th century for the luxurious estates that sprawled along its length.
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