Seller's Agent in 2017
Vic Deirmendjian
Vic J. Diermendjian
(818) 519-6755
9 Total Sales
1577 N Fair Oaks Ave Pasadena, CA 91103
Muir Heights Neighborhood
3
Beds
2
Baths
13,708
Sq Ft
0.47
Acres
Highlights
- 20,636 Sq Ft lot
- Fireplace in Bathroom
- No HOA
- John Muir High School Rated A-
About This Home
As of May 2017Opportunity knocks on this incredible multifamily or mixed use potential potential 26 unit development in the heart of Pasadena. Plans call for a total makeover of an existing multifamily to a desirable mixed use with up to 26 units with density bonus.
This project is sited on almost half an acre of land. There is an additional contiguous land on 25 Howard Street that can be purchased with this property.
All information provided to be verified by buyer or buyer's agent. Seller and Seller's broker has obtained information from the City of Pasadena Planning Department.
There are over 20 permitted uses for this property, one such use when the City reconciles the specific plan with the general plan is as described above to the broker by the City of Pasadena.
For further information, please contact listing agent.
Last Agent to Sell the Property
Vic J. Diermendjian License #00599219 Listed on: 09/03/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 0.47 Acre Lot
- No Common Walls
- Density is 6-10 Units/Acre
- 5836024004
Interior Spaces
- 13,708 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
- Fireplace in Bathroom
Outdoor Features
- Fireplace in Patio
- Outdoor Fireplace
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Tax Lot 5836
- Tax Tract Number 583602
- Assessor Parcel Number 5836024028
Community Details
Overview
- No Home Owners Association
- 27 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $500
- Insurance Expense $3,500
- Maintenance Expense $3,000
- Professional Management Expense $2,400
- Trash Expense $65
- Water Sewer Expense $200
- New Taxes Expense $25,000
- Operating Expense $37,780
- Gross Income $12,500
- Net Operating Income $105,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2017 05/24/17 | Sold | $1,900,000 | +18.8% | $139 / Sq Ft |
| 04/27/2017 04/27/17 | Pending | -- | -- | -- |
| 09/03/2016 09/03/16 | For Sale | $1,599,000 | -- | $117 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Vic Deirmendjian
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16194518
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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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