NOT LISTED FOR SALE

205 S Allen Ave Pasadena, CA 91106

Playhouse Village Neighborhood
6 Beds
3 Baths
7,028 Sq Ft
8,636 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $1,975,000 $281 Per Sq Ft

9 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Sliding Doors
  • Pasadena High School Rated A
  • Laundry Room
  • Landscaped

About This Home

As of March 2015

This property is nestled in a residential neighborhood of Pasadena. It is located near Cal Tech, Pasadena City College, and shopping on Lake and Colorado Blvd. This property was built in 1988 with townhouse style units. Each unit is two story with 2 bedrooms, 1.5 baths, front patio, balcony, central Air conditioning and heating, individual water heaters, and a two car garage below the unit. There is a laundry room located at the front of the property. A new roof was installed in December.

Last Agent to Sell the Property

Thomas Okabe

Alta Properties License #00716799 Listed on: 03/02/2015

Last Buyer's Agent

FANNY CHAN

MANDARIN REALTY 1 Corp License #00946537

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 8,636 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Front Yard Sprinklers

Parking

  • 6 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,028 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Sliding Doors
  • Living Room
  • Living Room Balcony
  • Carpet
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 4634
  • Assessor Parcel Number 5736026016

Community Details

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $387
  • Gardener Expense $1,440
  • Insurance Expense $3,000
  • Maintenance Expense $5,307
  • Trash Expense $2,403
  • Water Sewer Expense $1,864
  • New Taxes Expense $20,000
  • Gross Income $9,275
  • Net Operating Income $75,145

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

6

Listing Details

  • CapRate: 3.86
  • Inclusions: Laundry equipment in laundry room
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1864.00
  • Zoning: PSR3
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 5736026016
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Living Room Balcony
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Three Or More
  • Price Per Square Foot: 281.02
  • Room Type: All Bedrooms Up, Living Room
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Water Heater
  • Heating Type: Central, Natural Gas
  • Laundry Features: Community
  • Trash Expense: 2403.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Landscaped, Lot 6500-9999, Sprinklers In Front, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 8636.00
  • Lot Size Acres: 0.1980

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 387.00
  • Gross Income: 9275.00
  • Gross Multiplier: 17.53
  • Gross Scheduled Income: 111300.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 8636.0000 Square Feet
  • Maintenance Expense: 5307.00
  • Net Operating Income: 75145.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 35042.00
  • Rent Control: No
  • Total Actual Rent: 9275.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Lot: 13
  • Tax Tract Number: 4634
  • Tax Year: 2014

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
03/31/2015 03/31/15 Sold $1,975,000 +1.3% $281 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $1,950,000 -- $277 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Okabe

    Alta Properties

    (310) 418-9162

    16 Total Sales

    Section Image

  • F

    Buyer's Agent in 2015

    FANNY CHAN

    MANDARIN REALTY 1 Corp

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15043917

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Pasadena 91106 Playhouse Village

205 S Allen Ave, Pasadena, CA

This home is located at 205 S Allen Ave, Pasadena, CA 91106 since 02 March 2015. This property was built in 1988. 205 S Allen Ave is a home located in Los Angeles County with nearby schools including Hamilton Elementary School, Pasadena High School, and International School of Los Angeles-Pasadena.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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