Seller's Agent in 2017
Katie Chai
RE/MAX
(909) 728-7888
1 in this area
12 Total Sales
351 Adena St Pasadena, CA 91104
Orange Heights Neighborhood
5
Beds
3
Baths
6,013
Sq Ft
0.62
Acres
Highlights
- No Units Above
- No HOA
- 1-Story Property
- 26,977 Sq Ft lot
- Laundry Room
About This Home
As of August 20177 units investment opportunity located at 351-361 Adena Street, Pasadena, CA. The subject property consists of 1 historic single family home that was built in 1904 and 3 duplexes were built in 1953-1954. It has a beautiful flat level lot size of 26,977 SF Zoned PSR3 with potential for development 10 condominium/ town homes with approximately 2000 SF each. Buyer to verify with City of Pasadena Planning Department for more info! Upside potential on rents. Investment highlights: 14 parking spaces. 7 electric meter, 7 gas meter, 1 water meter.
Last Agent to Sell the Property
ReMax 2000 Realty License #01457862 Listed on: 08/08/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 0.62 Acre Lot
- No Units Above
- 1 Common Wall
Home Design
- Property Attached
Interior Spaces
- 6,013 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 5729033005
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 7 Units
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,560
- Insurance Expense $2,203
- Maintenance Expense $993
- Other Expense $946
- Professional Management Expense $5,039
- Trash Expense $2,277
- Water Sewer Expense $4,635
- New Taxes Expense $20,699
- Operating Expense $38,352
- Gross Income $9,140
- Net Operating Income $71,328
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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 |
|---|---|---|---|---|
| 08/11/2017 08/11/17 | Sold | $1,650,000 | -2.9% | $274 / Sq Ft |
| 08/08/2017 08/08/17 | Pending | -- | -- | -- |
| 08/08/2017 08/08/17 | For Sale | $1,700,000 | -- | $283 / 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 | $22,484 | $1,877,413 | $1,223,164 | $654,249 |
| 2024 | $22,484 | $1,840,602 | $1,199,181 | $641,421 |
| 2023 | $22,294 | $1,804,513 | $1,175,668 | $628,845 |
| 2022 | $21,545 | $1,769,131 | $1,152,616 | $616,515 |
| 2021 | $20,669 | $1,734,443 | $1,130,016 | $604,427 |
| 2020 | $19,882 | $1,716,660 | $1,118,430 | $598,230 |
| 2019 | $19,927 | $1,683,000 | $1,096,500 | $586,500 |
| 2018 | $20,086 | $1,650,000 | $1,075,000 | $575,000 |
| 2016 | $18,909 | $1,540,000 | $940,000 | $600,000 |
| 2015 | $18,958 | $1,540,000 | $940,000 | $600,000 |
| 2014 | $17,075 | $1,373,000 | $850,000 | $523,000 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Chai
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR17184705
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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