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

Sale Details

Date Sold: February 8, 2024

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

29 Days on Market

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 Agent to Sell the Property

Tony Azzi

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

Last Buyer's Agent

Tony Azzi

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 13,876 Sq Ft 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

0.32 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 12832
  • Lot Acreage: 0.3186
  • Year Built: 1979
  • 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
  • Type Of Units: Standard
  • Vacancy Allow: 15815
  • Vacancy Allow Percent: 5.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Jan 26, 2024
Sold by
Bought by
Seller's Agent
Tony Azzi
Tony Azzi
Buyer's Agent
Tony Azzi
Tony Azzi
List Price
$4,195,000
Sold Price
$4,000,000
Premium/Discount to List
-$195,000
-4.65%
Views
17

Purchase Details

Closed on
Jun 19, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2016
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,000,000 Old Republic Title Company
-- Ticor Title
-- Title365
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $49,871 $4,080,000 $1,836,000 $2,244,000
2024 $15,332 $1,047,998 $71,027 $976,971
2023 $15,209 $1,027,450 $69,635 $957,815
2022 $14,752 $1,007,305 $68,270 $939,035
2021 $14,155 $987,555 $66,932 $920,623
2019 $13,694 $958,266 $64,948 $893,318
2018 $13,665 $939,477 $63,675 $875,802
2016 $13,070 $902,998 $61,203 $841,795
2015 $12,914 $889,435 $60,284 $829,151
2014 $12,784 $872,014 $59,104 $812,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-341791

The MLS
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