The Abelsons bought the property for $630,000 in April 2005. The 2,192-square-foot house was built in 1923 in the South Arroyo neighborhood.
Mr. Abelson is a partner at Epport, Richman & Robbins LLP in Los Angeles. He specializes in commercial law, banking, bankruptcy, real estate and general business matters.
He earned his bachelor's in international relations from Tufts University in Boston and his J.D. from UCLA.
There were 1,141 home sales in Pasadena in 2008, with a median sale price of $475,000.
Address: 1223 Columbia Place
Buyer(s): Baudelia C Taylor and Brett Taylor
Seller(s): Lawrence A Abelson and Mary Chess Abelson
Sale date: Jul. 13, 2009