NOT LISTED FOR SALE
7 Beds
5 Baths
3,217 Sq Ft
6,345 Sq Ft Lot

Last Sold October 03, 2024

Last sale price $1,000,000 $311 Per Sq Ft

160 Days on Market

Highlights

  • Hilltop Location
  • 1-Story Property
  • 4-minute walk to La Pintoresca Park
  • Bathtub with Shower

About This Home

As of October 2024

Reduced!!! Wow! Check your numbers at this price!! This Pasadena 5-unit building will pay for itself!!! While still offering a upside potential!! Each unit comes with its own designated parking spot in the rear, ensuring hassle-free parking for tenants. Upon entering the property, you'll find two units: one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathroom completely remodeled. The units upstairs have the same layout as below. Separate from the other units is a quaint 1 bedroom, 1 bathroom apartment with a courtyard in front, offering a sense of privacy and exclusivity. Additionally, the property boasts a garage/ carport area off the back alley. Located in close proximity to schools, parks, trails, and the charming Old Town Pasadena, this property promises a lifestyle of ease and enjoyment for its residents. Don't miss out on this incredible opportunity to own a piece of Pasadena's thriving real estate market and the endless possibilities this property has to offer!

Last Agent to Sell the Property

Teresa Taylor

Keyholder Estate License #01103511 Listed on: 04/04/2024

Co-Listed By

Elsabeth Araya

Keyholder Estate License #02061156

Last Buyer's Agent

Karo Karapetyan

Blackstone Estates, Inc. License #01716318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,345 Sq Ft Lot
  • Hilltop Location

Interior Spaces

  • 3,217 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 5 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5729-011-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 3217
  • Lot Acreage: 0.1457
  • Probate: No
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 354.37

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Uncovered
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 84.90
  • Assessed Improvement Value: 105091
  • Assessed Land Percent: 15.1
  • Assessed Land Value: 18684
  • Total Assessed Value: 123775
  • Assessor Parcel Number: 5729-011-001
  • Lot Location: Hilltop
  • Lot Size Area: 6345

Rental Info

  • Total Actual Rent: 7870.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.20
  • Number Of Units: 5
  • Type Of Units: Apartment
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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 List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $1,000,000 -12.3% $311 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $1,140,000 -12.2% $354 / Sq Ft
07/22/2024 07/22/24 Price Changed $1,299,000 -10.4% $404 / Sq Ft
06/05/2024 06/05/24 Price Changed $1,450,000 -12.1% $451 / Sq Ft
04/04/2024 04/04/24 For Sale $1,650,000 -- $513 / Sq Ft
Source: The MLS

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 $2,529 $1,000,000 $700,000 $300,000
2024 $2,529 $126,249 $19,057 $107,192
2023 $2,507 $123,775 $18,684 $105,091
2022 $2,440 $121,349 $18,318 $103,031
2021 $2,345 $118,970 $17,959 $101,011
2020 $2,286 $117,751 $17,775 $99,976
2019 $2,281 $115,443 $17,427 $98,016
2018 $2,212 $113,181 $17,086 $96,095
2016 $2,086 $108,787 $16,423 $92,364
2015 $2,059 $107,154 $16,177 $90,977
2014 $2,061 $105,056 $15,861 $89,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-376253

The MLS