1600 Fair Oaks Ave South Pasadena, CA 91030
Estimated payment $12,343/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25267047
APN: 5320-007-020
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