NOT LISTED FOR SALE
4 Beds
4 Baths
4,636 Sq Ft
14,810 Sq Ft Lot

Last Sold March 11, 2020

Last sale price $1,200,000 $259 Per Sq Ft

63 Days on Market

Highlights

  • 0.34 Acre Lot
  • Laundry Room
  • 5 Car Garage
  • Craftsman Architecture
  • Floor Furnace
  • Carpet

About This Home

As of March 2020

This large 4-unit property is situated on a large lot. The offering price includes the adjacent lot for a total lot size of 14,924 square feet. The Craftsman-style building offers 4,636 square feet of interior space consisting of four large 1 bedroom and 1 bath units each with Craftsman-style details including box beam ceilings and built in china buffets. Each unit also has its own laundry room. A few of the bathrooms have been updated with tile floors and tiled shower. There are 5 garage spaces off the alley in the back and the adjacent lot provides additional uncovered parking. There is a nice green belt area in the back and along the side that has many fruit trees. The property is situated on a nice street surrounded by larger apartment buildings and is conveniently located close to retail stores, freeways, entertainment, as well as a few miles away from Alamitos Beach. This property represents a tremendous opportunity for the owner/occupant, investor and developer.

Last Agent to Sell the Property

Matthew Bryant

M&M Bryant Real Estate Inc License #01302873 Listed on: 12/13/2019

M&M Bryant Real Estate Inc

Last Buyer's Agent

PFNon-Member Default

ITECH MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.34

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 0.34 Acre Lot
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7269038017

Community Details

Overview

  • 4 Units
  • Alamitos Beach Ab Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0.34 Acres

Parking

5

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach - AB
  • Zoning: LBR4N
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 7269038017
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Carpet
  • Levels: Two

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14924.00
  • Lot Size Acres: 0.3400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 5.00
  • Lot Size Area: 14924.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 31560.00
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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 List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $1,200,000 -4.0% $259 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $1,250,000 -3.7% $270 / Sq Ft
12/13/2019 12/13/19 For Sale $1,298,000 -- $280 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2022 $13,225 $1,030,566 $412,226 $618,340
2021 $13,077 $1,010,360 $404,144 $606,216
2020 $6,689 $479,518 $216,119 $263,399
2019 $6,614 $470,117 $211,882 $258,235
2018 $6,362 $460,900 $207,728 $253,172
2016 $5,836 $443,004 $199,662 $243,342
2015 $5,616 $436,350 $196,663 $239,687
2014 $5,598 $427,803 $192,811 $234,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819005501

Pasadena-Foothills Association of REALTORS®

APN: 7269-038-017

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