M
Seller's Agent in 2019
Matt Ly
Coldwell Banker Realty
(626) 821-1216
26 Total Sales
1930 Mill Rd South Pasadena, CA 91030
9
Beds
9
Baths
5,637
Sq Ft
0.25
Acres
About This Home
As of May 2019This listing is for a ONE OF A KIND 8 multi-family unit property in South Pasadena. This two parcel property consist of 1930 Mill Rd. (APN: 5324-019-025, 10,991 sq./ft. lot, Zoning is Medium Density (RM)) & 1950 Mill Rd. (APN: 5324-020-041, 26,483 sq./ft., Zoning is Open Space (OS)). 1950 Mill Rd has a beautiful private 2 story 3 Bedroom + 2 Bath House + Bonus Living Room on ground floor with an amazing patio and mountain side view that would be great for any owner occupy buyer. There are also two 1Bedroom + Bath + Patio cottages on the lot. 1930 Mill Road has one studio cottage and four 1 bedroom+1 bath cottages. All units on both lots are stand alone that are unique in their own way and are pretty much in original condition.
Both properties are to be sold together and needs to close concurrently. South Pasadena is non rent control.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 0.25 Acre Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 3 Car Garage
- 4 Carport Spaces
Home Design
- 5,637 Sq Ft Home
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 4806
- Assessor Parcel Number 5324019025
Community Details
Overview
- No Home Owners Association
- 8 Buildings
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,984
- Fuel Expense $225
- Gardener Expense $4,860
- Insurance Expense $4,500
- Maintenance Expense $8,000
- Other Expense $1,600
- Professional Management Expense $6,602
- Trash Expense $2,846
- Water Sewer Expense $2,846
- New Taxes Expense $46,250
- Operating Expense $82,552
- Gross Income $146,700
- Net Operating Income $59,748
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2019 05/17/19 | Sold | $2,750,000 | -8.2% | $488 / Sq Ft |
| 04/08/2019 04/08/19 | Pending | -- | -- | -- |
| 03/12/2019 03/12/19 | Price Changed | $2,995,000 | -9.1% | $531 / Sq Ft |
| 02/16/2019 02/16/19 | Price Changed | $3,295,000 | -13.3% | $585 / Sq Ft |
| 01/04/2019 01/04/19 | For Sale | $3,800,000 | -- | $674 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Matt Ly
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR18294638
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