Seller's Agent in 2016
Fred Ashkar
RE/MAX
(818) 681-4975
55 Total Sales
101 N Craig Ave Pasadena, CA 91107
Lamanda Park Neighborhood
8
Beds
6
Baths
5,204
Sq Ft
9,007
Sq Ft Lot
Highlights
- Mountain View
- Traditional Architecture
- No HOA
- Pasadena High School Rated A
- Wood Flooring
- Cooling System Mounted To A Wall/Window
About This Home
As of March 2016Very attractive two story six units apartment building located in high demand rental area of Pasadena. The property consists of four one bedroom/one bath, one two bedroom/one and a half bath and one two bedroom and one bath unit.Great opportunity for development R3 zoning.The new owner can benefit not only from the great location of the building , but also from the huge upside in rents. No rent control, tenants are on month to month basis.Each unit has large bedroom, full sized living rooms and kitchens.The building has an on site laundry facility with leased equipment.Each unit has its own Gas and electric meter. Six car detached carport, one car parking for each unit. Located close to PCC, CalTech, Gold line and Colorado Blvd. Drive by only.
Last Agent to Sell the Property
Re/Max Premier Prop Arcadia License #00925837 Listed on: 11/18/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 9,007 Sq Ft Lot
- Two or More Common Walls
- East Facing Home
- Wood Fence
- Rectangular Lot
- Level Lot
- Front Yard
Home Design
- Traditional Architecture
- Property Attached
- Cosmetic Repairs Needed
- Raised Foundation
- Composition Roof
- Wood Siding
- Plaster
- Stucco
Interior Spaces
- 5,204 Sq Ft Home
- 2-Story Property
- Window Screens
- Living Room
- Storage
- Mountain Views
Kitchen
- Gas Range
- Tile Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 12 Parking Spaces
- 6 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 51
- Assessor Parcel Number 5746009051
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Gardener Expense $1,200
- Insurance Expense $3,000
- Trash Expense $1,926
- Water Sewer Expense $2,700
- New Taxes Expense $18,568
- Gross Income $7,000
- Net Operating Income $54,994
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2016 03/12/16 | Sold | $1,600,000 | -5.2% | $307 / Sq Ft |
| 02/16/2016 02/16/16 | Pending | -- | -- | -- |
| 11/18/2015 11/18/15 | For Sale | $1,688,000 | -- | $324 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,847 | $1,894,071 | $852,331 | $1,041,740 |
| 2024 | $21,847 | $1,856,933 | $835,619 | $1,021,314 |
| 2023 | $21,666 | $1,820,524 | $819,235 | $1,001,289 |
| 2022 | $20,927 | $1,784,828 | $803,172 | $981,656 |
| 2021 | $20,070 | $1,749,832 | $787,424 | $962,408 |
| 2019 | $19,326 | $1,698,322 | $764,069 | $934,253 |
| 2018 | $19,676 | $1,665,030 | $749,088 | $915,942 |
| 2016 | $3,865 | $243,917 | $42,907 | $201,010 |
| 2015 | $3,818 | $240,254 | $42,263 | $197,991 |
| 2014 | $3,792 | $235,549 | $41,436 | $194,113 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Ashkar
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR15248751
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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