NOT LISTED FOR SALE
2 Beds
1 Bath
4,272 Sq Ft
7,476 Sq Ft Lot Lot

Sale Details

Date Sold: July 31, 2015

Last sale price $1,208,000 $283 Per Sq Ft

14 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Park Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of July 2015

A very well maintained two story 5 units with all 2 beds and 1 bath income property. 1 of the units has a balcony attached. 1 carport parking for each unit with storage space. Separate metered for gas and electricity with on-site laundry facility. New copper plumbing throughout. Adjacent to south Pasadena, a short drive from interstate 10, 710, CSULA, LAC/USC. Walking distinct to supermarkets and restaurants. Property is 100% occupied, no rent control. Provide a new owner the opportunity to increase rents and add value.

Last Agent to Sell the Property

JESSICA HO

JESSICA HO License #01821483 Listed on: 06/11/2015

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,476 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard Sprinklers

Home Design

  • 4,272 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Copper Plumbing

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Gas Cooktop
  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 103
  • Tax Tract Number 4586
  • Assessor Parcel Number 5292003027

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $466
  • Gardener Expense $600
  • Insurance Expense $1,261
  • Maintenance Expense $5,700
  • Trash Expense $2,000
  • Water Sewer Expense $2,500
  • New Taxes Expense $12,888
  • Gross Income $5,645
  • Net Operating Income $42,634

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

7,476 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5292003027
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Pantry
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 282.77

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 2000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 7476.00
  • Price Per Lot Square Foot: 161.58
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 466.00
  • Gross Income: 5645.00
  • Gross Scheduled Income: 68440.00
  • Insurance Expense: 1261.00
  • Lot Size Area: 7476.0000 Square Feet
  • Maintenance Expense: 5700.00
  • Net Operating Income: 42634.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 25806.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12888.00
  • Tax Lot: 103
  • Tax Tract Number: 4586
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
07/31/2015 07/31/15 Sold $1,208,000 -6.3% $283 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $1,288,888 -- $302 / 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 $18,224 $1,430,022 $947,036 $482,986
2024 $18,224 $1,401,983 $928,467 $473,516
2023 $18,107 $1,374,494 $910,262 $464,232
2022 $17,274 $1,347,544 $892,414 $455,130
2021 $17,093 $1,321,122 $874,916 $446,206
2019 $16,514 $1,281,938 $848,966 $432,972
2018 $16,554 $1,256,803 $832,320 $424,483
2016 $15,216 $1,208,000 $800,000 $408,000
2015 $8,623 $620,612 $255,476 $365,136
2014 $8,546 $608,456 $250,472 $357,984
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15126132

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

Ask me questions while you tour the home.