NOT LISTED FOR SALE

1171 Huntington Dr South Pasadena, CA 91030

2 Beds
1 Bath
4,676 Sq Ft
0.33 Acres

Last Sold June 25, 2013

Last sale price $1,518,500 $325 Per Sq Ft

135 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Property is near public transit
  • Monterey Hills Elementary Rated A+
  • Dual Staircase
  • Wood Flooring

About This Home

As of June 2013

PRICED TO. SELL! INVESTORS Buildable LOT! L 76x75
W 188x194. Live in one rent others live in S. Pasadena for less!
A Spanish Style 4-plex located in an unparalleled location in the highly desirable City of S. Pasadena. The property is a non rent controlled property. Award winning South Pasadena schools all within 1/2 mile. Property is a 2 stories building built in 1923. It has 5 private parking garages, a well manicured & landscaped yards. With 2 ground floor units with den/office space & 2 upper floor units w/den/office &/balconys . EA. unit is separately metered for electricity & gas. EA unit is a LRG 2 bed & 1 bath unit with plenty of storage inside ea unit. Owners unit has grandfathered bonus rm. Used as a 5th unit 2nd floor units are pictures units in MLS; have large balconys overlooking grounds. Hardwood floors, fireplaces, individual washer & dryer room w/hookups off the kitchen, walk-in closet, built-in display cabinets, Upstairs units also include unique coved space off the living room used as reading area or office space. Multiple windows a/c, wall heater, & ceiling fans. Add'l parking surrounds the prop. Park-like yard setting, ample fruit trees & privacy. Zoned up to 7 units per City.

Last Agent to Sell the Property

Brenda Jonker

Realty Connection Group License #01244294 Listed on: 02/05/2013

Last Buyer's Agent

Jean Liu

Re/Max Premier Prop SanMarino License #01012483

Re/Max Premier Prop SanMarino

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Sprinkler System
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Spanish Architecture
  • Property Attached
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,676 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Awning
  • Wood Frame Window
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Bathroom

Home Security

  • Window Bars
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • More Than Two Accessible Exits
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, water
  • Tax Lot 24
  • Tax Tract Number 4303
  • Assessor Parcel Number 5319018001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $720
  • Insurance Expense $2,400
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $16,000
  • Gross Income $7,580
  • Net Operating Income $67,815

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 4.37
  • Property Attached: Yes
  • Security: Resident Manager, Smoke Detector(s), Window Bars
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: r7
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5319018001
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Built-in Features, Balcony, Ceiling Fan(s), Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 324.74
  • Room Type: Bonus Room, Den, Foyer, Living Room, Walk-In Closet, Office
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Block
  • Exterior Features: Awning(s)
  • View: City Lights, Hills
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Rear
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard, Lawn, Level with Street, Sprinkler System, Near Public Transit
  • Lot Size Sq Ft: 14460.00
  • Lot Size Acres: 0.3320

Rental Info

  • Tenant Pays: Cable TV, Water

Multi Family

  • Average2 Bed Area: 1169
  • Average Studio Area: 600
  • Electric Expense: 300.00
  • Gross Income: 7580.00
  • Gross Scheduled Income: 90960.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 14460.0000 Square Feet
  • Net Operating Income: 67815.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 23145.00
  • Rent Control: No
  • Total Actual Rent: 7580.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 24
  • Tax Tract Number: 4303
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2013 06/25/13 Sold $1,518,500 -9.9% $325 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $1,684,888 -- $360 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13017120

California Regional Multiple Listing Service (CRMLS)