Seller's Agent in 2016
Darin Spillman
Kidder Mathews of California, Inc.
(310) 592-8269
18 Total Sales
1599 N Raymond Ave Pasadena, CA 91103
La Pintoresca Park Neighborhood
23
Beds
6
Baths
9,524
Sq Ft
17,671
Sq Ft Lot
Highlights
- 17,671 Sq Ft lot
- Forced Air Heating System
- Ceiling Fan
About This Home
As of June 2016Price reduced! Submit all offers! Unique opportunity to acquire a non rent control, 7-unit apartment asset in a stable area of north Pasadena. The extremely rare unit mix consists of two 4 bedroom, 1 ½ bathroom townhouse units, two 4 bedroom, 1 ¾ bathroom units, two 3 bedroom, 1 bathroom units, and one 1 bedroom, 1 bathroom unit. The townhouse units measure approximately 1,850 square feet each. The property, which was built in 1964, consists of 9,524 rentable square feet on a 17,671 square foot lot (Buyer to verify). The asset has been meticulously maintained. Some of the many renovations include newer bathrooms, newer flooring, newer kitchen cabinets, and microwave hoods. A recent extensive capital improvement included the removal of a balcony and renovated decking. 1599 Raymond Ave represents a stable apartment investment at a low price per bedroom, with potential to continue raising rents in a well managed property.
Last Agent to Sell the Property
Kidder Mathews of California, Inc. License #01366902 Listed on: 11/24/2015
Last Buyer's Agent
Kidder Mathews of California, Inc. License #01366902 Listed on: 11/24/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.41
Interior Spaces
- 23 Bedrooms
- 9,524 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Parking
- 17 Parking Spaces
- Assigned Parking
Additional Features
- 17,671 Sq Ft Lot
- Forced Air Heating System
Community Details
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 5836-025-018
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2016 06/14/16 | Sold | $2,300,000 | -7.6% | $241 / Sq Ft |
| 04/01/2016 04/01/16 | Pending | -- | -- | -- |
| 11/24/2015 11/24/15 | For Sale | $2,488,000 | -- | $261 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2025 | $31,435 | $2,722,728 | $1,657,314 | $1,065,414 |
| 2024 | $31,435 | $2,669,342 | $1,624,818 | $1,044,524 |
| 2023 | $31,175 | $2,617,003 | $1,592,959 | $1,024,044 |
| 2022 | $30,109 | $2,565,690 | $1,561,725 | $1,003,965 |
| 2021 | $28,861 | $2,515,383 | $1,531,103 | $984,280 |
| 2019 | $27,793 | $2,441,128 | $1,485,691 | $955,437 |
| 2018 | $28,297 | $2,393,270 | $1,456,560 | $936,710 |
| 2016 | $9,179 | $675,129 | $194,745 | $480,384 |
| 2015 | $9,076 | $664,989 | $191,820 | $473,169 |
| 2014 | $8,948 | $651,964 | $188,063 | $463,901 |
Source: Public Records
Agents Affiliated with this Home
-
Darin Spillman
Map
Source: The MLS
MLS Number: 15-961795
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