NOT LISTED FOR SALE

2015 Lovila Ln Altadena, CA 91001

1 Bed
2 Baths
2,930 Sq Ft
0.3 Acres

Last Sold January 24, 2014

Last sale price $760,000 $259 Per Sq Ft

10 Days on Market

Highlights

  • No Units Above
  • Spanish Architecture
  • French Doors
  • John Muir High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wood Fence

About This Home

As of January 2014

Address is actually 2015-2025 Lovila Lane and includes parcel #5839-027-003. Charming, vintage spanish casitas in wonderful Altadena area just around the corner from Christmas Tree Lane. 5 of the units are studio style and 1 is a one bedroom. Cozy and charming, each with their own private patio, fireplace and a few have french doors. Property has been nicely maintained. Long term tenants - property has higher rental income potential.

Last Agent to Sell the Property

Marilyn Johnson

JohnHart Corp. License #00916223 Listed on: 12/12/2013

Last Buyer's Agent

Matt Ly

Coldwell Banker Realty License #01441481

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 0.3 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wood Fence
  • Density is 6-10 Units/Acre

Home Design

  • Spanish Architecture
  • Property Attached

Interior Spaces

  • 2,930 Sq Ft Home
  • French Doors
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 10 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5839027003

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $840
  • Insurance Expense $1,000
  • Maintenance Expense $5,000
  • Trash Expense $1,300
  • Water Sewer Expense $700
  • New Taxes Expense $9,100
  • Gross Income $5,295
  • Net Operating Income $60,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 121000
  • Property Attached: Yes
  • Water Sewer Expenses: 700.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 5839027003
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 259.39

Exterior Features

  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Trash Expense: 1300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 12933.00
  • Lot Size Acres: 0.2970

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 5295.00
  • Gross Scheduled Income: 63540.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 12933.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 60940.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 2600.00
  • Rent Control: No
  • Total Actual Rent: 5140.00

Tax Info

  • New Taxes Expense: 9100.00
  • Tax Lot: 00
  • Tax Tract Number: 00
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $760,000 +4.4% $259 / Sq Ft
12/22/2013 12/22/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $728,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13246361

California Regional Multiple Listing Service (CRMLS)

APN: 5839-027-003