NOT LISTED FOR SALE
3 Beds
3 Baths
2,420 Sq Ft
6,520 Sq Ft Lot

Last Sold August 09, 2019

Last sale price $1,350,000 $558 Per Sq Ft

21 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • No HOA
  • Laundry Room
  • Pasadena High School Rated A
  • Double Pane Windows
  • Tile Flooring

About This Home

As of August 2019

Welcome to this Brand New Construction Duplex (2 Units) located in City of Pasadena. Each unit features open floor plan providing 3 bedrooms 2.5 bathrooms total of 1,210 square foot on a 3,440 lot. Total of 2 units on the lot with separate entrance, and it's own yard, and garage. It has to sell 2 units together. You may live in one unit, and rent it out another unit or as investment property. Brand new laminated wood flooring and recessed lighting throughout the house. Kitchen has a quartz counter tops and abundant storage and cabinet space. There is an attached 2 car garage with automatic garage door opener. Washer / Dryer hook-ups are in the garage and they have their own hot water heater. New air-conditioning unit for those hot summer days. This is the most desirable brand new single-family house in Pasadena. Only one garage wall is attached to another house. The house is about five minutes to Pasadena City College, 10 minutes to Old Town of Pasadena and Gold Line Metro Line station. Very easy to access to I-210 Freeway. Plenty of great restaurants and supermarkets on Colorado Blvd. There is no HOA.

Last Agent to Sell the Property

Winnie Hsiao

MGR REAL ESTATE, INC. License #01766870 Listed on: 05/16/2019

MGR REAL ESTATE, INC.

Last Buyer's Agent

Dana Coronado

Compass License #01746702

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 6,520 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Sprinklers on Timer

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway Level

Home Design

  • Duplex
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 23
  • Assessor Parcel Number 5746019022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • New Taxes Expense $17,000
  • Operating Expense $18,800
  • Gross Income $768,000
  • Net Operating Income $58,536

Property Details

Home Type

Multi-Family

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.30
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights
  • Zoning: PSR1
  • New Construction: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5746019022
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 557.85
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Sprinklers Timer
  • Lot Size Sq Ft: 6520.00
  • Lot Size Acres: 0.1497

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 768000.00
  • Gross Multiplier: 17.70
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6520.0000 Square Feet
  • Net Operating Income: 58536.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 18264.00
  • Rent Control: No
  • Total Expenses: 18800.00

Tax Info

  • New Taxes Expense: 17000.00
  • Tax Census Tract: 4628.00
  • Tax Lot: 23
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

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 Prior Sale
08/09/2019 08/09/19 Sold $1,350,000 0.0% $558 / Sq Ft
08/09/2019 08/09/19 Sold $1,350,000 -0.7% $558 / Sq Ft View Prior Sale
06/06/2019 06/06/19 Pending -- -- --
06/06/2019 06/06/19 Pending -- -- --
05/16/2019 05/16/19 Price Changed $1,360,000 0.0% $562 / Sq Ft
05/16/2019 05/16/19 For Sale $1,360,000 +81.6% $562 / Sq Ft
04/23/2019 04/23/19 For Sale $749,000 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19114524

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.