NOT LISTED FOR SALE
16 Beds
10 Baths
7,300 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: October 11, 2019

Last sale price $3,650,000 $500 Per Sq Ft

58 Days on Market

About This Home

As of October 2019

First time on the market in over 50 years! We are pleased to present the rare offering of a 10 unit apartment property in one of the best locations of Pasadena! The building features a great unit mix of six 2 bedroom, 1 bath and four 1 bedroom, 1 bath units and offers an investor the opportunity to dramatically increase the rental income by upgrading and adding value to the investment. Boasting a fantastic walk score of 87, the property is located just a half mile away from both the Metro Gold Line Fillmore & Del Mar Stations! Also a short distance away are Trader Joe's, Whole Foods, Huntington Hospital and Old Town Pasadena, with its countless collection of retail stores and restaurants. Situated on a large corner lot of over 17,000 square feet, there is on-site covered carport parking as well as ample street parking.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 06/10/2019

Co-Listed By

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Last Buyer's Agent

Steve Kwon

Keller Williams Realty License #01453193

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.4

Interior Spaces

  • 7,300 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Parking

  • 12 Parking Spaces
  • Tandem Parking

Additional Features

  • 17,521 Sq Ft Lot
  • Air Conditioning

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5720-027-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7300
  • Price Per Unit: 399800.00
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 547.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 12

Utilities

  • Cooling: Air Conditioning
  • Electric Expense: 6678.00

Fee Information

  • Gas Expense: 540.00
  • Insurance Expense: 3650.00
  • Maintenance Expense: 8421.00
  • Other Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 1020000
  • Assessed Land Value: 2142000
  • Assessor Parcel Number: 5720-027-010
  • Geocode Override: No
  • Lot Size Area: 17521

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 10
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 49975.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $3,650,000 -8.7% $500 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $3,998,000 -- $548 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $47,380 $3,991,804 $2,788,796 $1,203,008
2024 $45,299 $3,913,534 $2,734,114 $1,179,420
2023 $44,924 $3,836,799 $2,680,504 $1,156,295
2022 $43,377 $3,761,569 $2,627,946 $1,133,623
2021 $41,607 $3,687,814 $2,576,418 $1,111,396
2019 $30,277 $2,653,519 $1,719,156 $934,363
2018 $30,838 $2,601,500 $1,685,448 $916,052
2016 $5,034 $269,402 $80,746 $188,656
2015 $4,972 $265,357 $79,534 $185,823
2014 $4,964 $260,160 $77,977 $182,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-476104

The MLS
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