NOT LISTED FOR SALE
16 Beds
18 Baths
12,832 Sq Ft
0.32 Acres

Last Sold February 08, 2024

Last sale price $4,000,000 $312 Per Sq Ft

29 Days on Market

Highlights

  • Laundry Facilities
  • John Muir High School Rated A-
  • 3-minute walk to La Pintoresca Park

About This Home

As of February 2024

Pleased to present the opportunity to acquire 1471 N Fair Oaks Avenue, an 18-unit investment opportunity in Pasadena, CA. The property currently has 3 vacant units with an additional unit delivered vacant at the close of escrow (Buyer to verify).

Last Listed By

tony azzi

Tony Azzi License #00910513 Listed on: 12/27/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.32 Acre Lot

Interior Spaces

  • 12,832 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 18 Bathrooms

Parking

  • Covered Parking
  • Assigned Parking

Community Details

  • 18 Units
  • Laundry Facilities
  • Vacancy Allowance $15,815

Listing and Financial Details

  • Assessor Parcel Number 5728-014-036

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 12832
  • Lot Acreage: 0.3186
  • Year Built: 1979
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 16
  • Laundry: Community
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 326.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Covered Parking

Lot Info

  • Assessed Improvement Percent: 93.22
  • Assessed Improvement Value: 957815
  • Assessed Land Percent: 6.78
  • Assessed Land Value: 69635
  • Total Assessed Value: 1027450
  • Assessor Parcel Number: 5728-014-036
  • Lot Size Area: 13876

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.26
  • Number Of Units: 18
  • Total Annual Expense: 129148
  • Type Of Units: Standard
  • Vacancy Allow: 15815
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 16%

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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
02/08/2024 02/08/24 Sold $4,000,000 -4.6% $312 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $4,195,000 -- $327 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-341791

The MLS