NOT LISTED FOR SALE
10 Beds
5 Baths
4,425 Sq Ft
6,863 Sq Ft Lot

Sale Details

Date Sold: November 13, 2015

Last sale price $1,220,000 $276 Per Sq Ft

73 Days on Market

Highlights

  • Contemporary Architecture
  • 5 Car Direct Access Garage
  • Attached Carport
  • Pasadena High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

About This Home

As of November 2015

An excellent opportunity to own rental income property in east Pasadena. Conveniently located North of Colorado Blvd. Near restaurants, shopping, public transportation and 210 freeway. Upside Potential on rents.Each unit has own laundry hook ups for washer only.

Last Agent to Sell the Property

Enrique Liza

COMPASS License #00691382 Listed on: 07/24/2015

COMPASS

Last Buyer's Agent

Manora Bou

The Jackson Real Estate Group License #01941596

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,863 Sq Ft Lot

Parking

  • 5 Car Direct Access Garage
  • Attached Carport
  • Parking Available

Home Design

  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5748007008

Community Details

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $2,085
  • Maintenance Expense $3,310
  • Other Expense $295
  • Professional Management Expense $3,312
  • Supplies Expense $554
  • Trash Expense $865
  • Water Sewer Expense $2,514
  • New Taxes Expense $16,250
  • Operating Expense $29,416
  • Gross Income $78,300
  • Net Operating Income $52,859

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

6,863 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 5.00
  • Professional Management Expense: 3312.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Supplies Expense: 554.00
  • View: No
  • Water Sewer Expenses: 2514.00
  • Zoning: PSR*
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 5748007008
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Levels: Two
  • Price Per Square Foot: 293.79

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Attached Carport, Covered, Direct Garage Access, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside, In Kitchen
  • Trash Expense: 865.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6863.00
  • Lot Size Acres: 0.1576

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 885 Square Feet
  • Gross Income: 78300.00
  • Gross Multiplier: 17.19
  • Gross Operating Income: 78300.00
  • Gross Scheduled Income: 75625.00
  • Insurance Expense: 2085.00
  • Lot Size Area: 6863.0000 Square Feet
  • Maintenance Expense: 3310.00
  • Net Operating Income: 52859.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 29416.00
  • Operating Expense Percent: 39.00
  • Other Expense: 295.00
  • Total Actual Rent: 78300.00
  • Total Expenses: 29416.00

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Rate: 1.25

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2017
Sold by
Bought by

Purchase Details

Listed on
Jul 24, 2015
Closed on
Oct 7, 2015
Sold by
Bought by
Seller's Agent
Enrique Liza
COMPASS
Buyer's Agent
Manora Bou
The Jackson Real Estate Group
List Price
$1,300,000
Sold Price
$1,220,000
Premium/Discount to List
-$80,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lamanda Park, CA

See All Agents

Purchase 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 Buyer Sale Price Title Company
$1,300,000 Stewart Title Co
$1,220,000 Chicago Title Company
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $720,000
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
11/13/2015 11/13/15 Sold $1,220,000 -6.2% $276 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $1,300,000 -- $294 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $18,010 $1,479,173 $887,505 $591,668
2024 $17,164 $1,450,170 $870,103 $580,067
2023 $17,021 $1,421,737 $853,043 $568,694
2022 $16,443 $1,393,861 $836,317 $557,544
2021 $15,770 $1,366,531 $819,919 $546,612
2019 $15,189 $1,326,000 $795,600 $530,400
2018 $15,423 $1,300,000 $780,000 $520,000
2016 $14,587 $1,220,000 $730,000 $490,000
2015 $2,281 $121,124 $36,897 $84,227
2014 $2,279 $118,753 $36,175 $82,578
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315007362

Pasadena-Foothills Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.