$1,099,900

Estimated payment $6,688/month

Total Views 597
4 Beds
4 Baths
2,080 Sq Ft
$529 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Heating System Uses Natural Gas
  • Cooling System Mounted To A Wall/Window
  • Bike Trail
  • Back Yard

About This Home

Great investment opportunity in Pasadena! This fully renovated 4-unit apartment property is located in a highly desirable area and offers strong rental potential with major upgrades already completed. Improvements include a brand-new roof on both the main building and garage, newer garage doors, a fully replaced master sewer line, and freshly painted exterior. Units 2 and 3 have been completely renovated with modern kitchens, updated bathrooms, new flooring, fresh interior paint, new windows, and split AC units etc. Unit 1 was recently updated with a new kitchen and new bathroom including a new toilet, shower mixer, and faucet. All four units have brand-new water heaters relocated to the exterior with permits for better interior space and functionality. The property also features five split AC units, three single-car garages, and one carport. With quality renovations throughout and minimal maintenance needed, this property is move-in ready and ideal for investors or owner-occupants seeking steady rental income.

Listing Agent

Autumn Yuan

Re/Max Premier Prop Arcadia Brokerage Phone: 626-393-5315 License #01801341 Listed on: 02/13/2026

Re/Max Premier Prop Arcadia

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,123 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6491
  • Assessor Parcel Number 5825015004
  • $1,101 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $3,706
  • Water Sewer Expense $4,412
  • New Taxes Expense $13,428
  • Operating Expense $22,613
  • Gross Income $76,800
  • Net Operating Income $54,187

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

7,123 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Water Sewer Expenses: 4412.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 5825015004
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 528.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7123.00
  • Lot Size Acres: 0.1635

Multi Family

  • Gross Income: 76800.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 3706.00
  • Lot Size Area: 7123.0000 Square Feet
  • Net Operating Income: 54187.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 22613.00
  • Rent Control: Yes
  • Total Expenses: 22613.00

Tax Info

  • New Taxes Expense: 13428.00
  • Tax Lot: 4
  • Tax Tract Number: 6491
  • TaxOtherAnnualAssessmentAmount: 1101.00

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 $12,261 $995,837 $811,824 $184,013
2024 $11,616 $976,311 $795,906 $180,405
2023 $11,518 $957,168 $780,300 $176,868
2022 $11,126 $938,400 $765,000 $173,400
2021 $5,904 $472,229 $376,831 $95,398
2020 $5,689 $467,388 $372,968 $94,420
2019 $5,697 $458,224 $365,655 $92,569
2018 $5,745 $449,240 $358,486 $90,754
2017 $5,670 $440,432 $351,457 $88,975
2016 $5,539 $431,797 $344,566 $87,231
2015 $5,476 $425,312 $339,391 $85,921
2014 $5,390 $416,981 $332,743 $84,238
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2026 02/13/26 For Sale $1,099,900 +19.6% $529 / Sq Ft
04/15/2021 04/15/21 Sold $920,000 +0.1% $442 / Sq Ft View Prior Sale
03/13/2021 03/13/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $919,000 -- $442 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $396,000 Cctn Pasadena Title
Grant Deed $140,000 Commonwealth Land Title Co
Trustee Deed $149,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $297,000 New Conventional
Previous Owner $186,397 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26025664

California Regional Multiple Listing Service (CRMLS)

APN: 5825-015-004

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