$2,299,999

1600 Fair Oaks Ave South Pasadena, CA 91030

Estimated payment $12,343/month

Total Views 1,717
5 Beds
4 Baths
3,428 Sq Ft
$671 Price per Sq Ft

Highlights

  • End Unit
  • No HOA
  • Laundry Room
  • Marengo Elementary Rated A+

About This Home

Prime investment opportunity in highly desirable South Pasadena! This well-maintained 4-unit multi-family property offers an ideal mix of unit types. The building features 3 spacious 1 bedroom / 1 bath units plus a larger 2-bedroom / 1 bath unit perfect for strong rental demand in this sought-after area.
Appreciate the convenience of a 4-car garage along with additional parking in the long driveway. Located within walking distance to schools, local shops, restaurants and other neighborhood amenities. This property delivers unmatched location appeal. Don't miss your chance to own in one of the most coveted communities in the San Gabriel Valley!

Listing Agent

Cheryl Nesseth

Spectrum Real Estate Group Brokerage Phone: 714-209-9889 License #01367574 Listed on: 11/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1924

Lot Details

  • 0.28 Acre Lot
  • End Unit
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,428 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 480500
  • Assessor Parcel Number 5320007020
  • $3,500 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $200
  • Water Sewer Expense $400
  • Operating Expense $600
  • Gross Income $2,000
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,370

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 400.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5320007020
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 670.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12196.80
  • Lot Size Acres: 0.2800

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 5825.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 0.2800 Acres
  • Net Operating Income: 3000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 600.00

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 480500
  • TaxOtherAnnualAssessmentAmount: 3500.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,370 $145,074 $116,914 $28,160
2024 $3,370 $142,230 $114,622 $27,608
2023 $3,315 $139,442 $112,375 $27,067
2022 $3,256 $136,709 $110,172 $26,537
2021 $3,184 $134,029 $108,012 $26,017
2020 $3,143 $132,656 $106,905 $25,751
2019 $3,100 $130,056 $104,809 $25,247
2018 $7,670 $535,814 $429,242 $106,572
2016 $2,684 $122,557 $98,765 $23,792
2015 $2,639 $120,717 $97,282 $23,435
2014 $2,644 $118,353 $95,377 $22,976
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $2,299,999 -- $671 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- Fnc Title Services Llc
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,782,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25267047

California Regional Multiple Listing Service (CRMLS)

APN: 5320-007-020