Seller's Agent in 2023
Kevin Lutz
Keller Williams Realty/Pasadena
(626) 429-0685
2 in this area
20 Total Sales
231 S Hudson Ave Pasadena, CA 91101
Playhouse Village Neighborhood
1
Bed
2
Baths
8,716
Sq Ft
0.3
Acres
Highlights
- Cooling System Mounted To A Wall/Window
- Level Lot
- Heating System Uses Natural Gas
- Laundry Room
- Carpet
About This Home
As of August 2023Introducing 231 S. Hudson Ave, situated in one of Pasadena's most desirable neighborhoods. This charming walk-up building with 14
units offers a fantastic opportunity for investors seeking quality assets in premier locations. With an impressive Walk Score of 96, this location
is a true Walker’s Paradise® for pedestrians, making it attractive to both investors and tenants alike. The property has been meticulously
maintained and comprises 2 studios and 12 one-bedroom units. Unit interiors are outfitted with wall air conditioning, gas heaters, carpet and vinyl flooring, gas stoves/ovens, refrigerators, and garbage disposals. The one-bedroom units also feature a cozy dinette area. This two-story garden-style building rests on a concrete slab foundation and boasts a central courtyard. It offers a total of 8 parking spaces, all 8 detached carports. Recent upgrades include new electrical subpanels in August 2021 and copper re-piping (excluding the main lines) in January 2022. For added convenience, there is a shared laundry room equipped with two washers and two dryers owned by the building. The units are separately metered for gas and electric, each with individual hot water heaters. The owner pays for water, sewer, trash, as well as common area gas and electric. The subject property is subject to the newly passed rent control initiative Measure H in the city of Pasadena
Last Agent to Sell the Property
Keller Williams Realty/Pasadena License #00925595 Listed on: 05/31/2023
Last Buyer's Agent
Keller Williams Realty/Pasadena License #00925595 Listed on: 05/31/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 0.3 Acre Lot
- Two or More Common Walls
- Level Lot
Home Design
- Apartment
Interior Spaces
- 8,716 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Gas Oven
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Parking
- 8 Parking Spaces
- 8 Carport Spaces
- Parking Available
- Uncovered Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 46
- Assessor Parcel Number 5734026013
Community Details
Building Details
- Rent Control
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- Electric Expense $1,436
- Fuel Expense $643
- Insurance Expense $4,016
- Maintenance Expense $25,636
- Other Expense $8,312
- Trash Expense $6,869
- Water Sewer Expense $2,874
- New Taxes Expense $47,949
- Operating Expense $101,846
- Gross Income $276,299
- Net Operating Income $174,453
Additional Features
- 14 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2023 08/09/23 | Sold | $4,200,000 | -4.5% | $482 / Sq Ft |
| 06/14/2023 06/14/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $4,400,000 | -- | $505 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $49,011 | $4,284,000 | $2,998,800 | $1,285,200 |
| 2024 | $49,011 | $4,200,000 | $2,940,000 | $1,260,000 |
| 2023 | $25,974 | $2,074,279 | $829,707 | $1,244,572 |
| 2022 | $25,116 | $2,033,608 | $813,439 | $1,220,169 |
| 2021 | $24,102 | $1,993,735 | $797,490 | $1,196,245 |
| 2019 | $23,237 | $1,936,311 | $773,837 | $1,162,474 |
| 2018 | $23,523 | $1,898,378 | $758,664 | $1,139,714 |
| 2016 | $22,720 | $1,823,020 | $729,205 | $1,093,815 |
| 2015 | $22,463 | $1,795,637 | $718,252 | $1,077,385 |
| 2014 | $22,076 | $1,760,464 | $704,183 | $1,056,281 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Lutz
-
Kevin Hurley
Buyer Co-Listing Agent in 2023
Kevin Hurley
Keller Williams Realty/Pasadena
(310) 872-7176
2 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS23093966
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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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