NOT LISTED FOR SALE
15 Beds
10 Baths
7,196 Sq Ft
0.26 Acres Lot

Sale Details

Date Sold: February 11, 2016

Last sale price $2,020,000 $281 Per Sq Ft

38 Days on Market

About This Home

As of February 2016

CALL FOR OFFERS!! DUE BY THURSDAY, NOV.5, 5:00PM We are pleased to present this 10 unit, non-rent control apartment complex on a quiet, residential street in Pasadena. This is a bread and butter apartment property that is easy to manage with a strong tenant base as well as upside. It has a great unit mix of Five 2 bedroom and Five 1 bedroom units each with separate water heaters. The building was recently painted and the Pitched roof is about 6 years old. Some units have been updated inside with laminate and tile flooring. It features carport parking with 1 garage space and additional open parking for a total of 14 on-site spaces. Located directly across from a park & ample street parking. There is an on-site laundry room with two washer/dryer coin-operated sets, Landlord OWNED and included with the sale. All units are separately metered for gas & electric, landlord pays water, trash and electricity/gas ONLY for laundry room. DO NOT DISTURB OR APPROACH TENANTS DRIVE BY ONLY

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 10/06/2015

Co-Listed By

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Last Buyer's Agent

Babak Siminou

Simco Enterprises Inc License #00980111

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 11,421 Sq Ft Lot

Interior Spaces

  • 7,196 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Parking

  • 1 Car Garage
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5725-029-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7196
  • Lot Dimensions: A1
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 10.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 291.13

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking, Garage - 1 Car, Uncovered
  • Total Parking: 14

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 4200.00

Fee Information

  • Gas Expense: 600.00
  • Insurance Expense: 2878.00
  • Maintenance Expense: 7155.00
  • Other Expense: 1500.00
  • Trash Expense: 2700.00

Lot Info

  • Assessed Improvement Value: 753873
  • Assessed Land Value: 579902
  • Assessor Parcel Number: 5725-029-018
  • Geocode Override: No
  • Lot Size Area: 11421

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 14.83
  • Number Of Units: 10
  • Type Of Units: 2+1 1+1

Tax Info

  • Tax Expense: 25140.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
02/11/2016 02/11/16 Sold $2,020,000 -3.6% $281 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $2,095,000 -- $291 / Sq Ft
Source: The MLS

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 $29,334 $2,391,264 $1,183,794 $1,207,470
2024 $27,964 $2,344,378 $1,160,583 $1,183,795
2023 $27,734 $2,298,411 $1,137,827 $1,160,584
2022 $26,796 $2,253,345 $1,115,517 $1,137,828
2021 $25,706 $2,209,163 $1,093,645 $1,115,518
2019 $24,761 $2,143,640 $1,061,208 $1,082,432
2018 $25,162 $2,101,608 $1,040,400 $1,061,208
2016 $16,890 $1,354,114 $588,745 $765,369
2015 $16,699 $1,333,775 $579,902 $753,873
2014 $16,410 $1,307,649 $568,543 $739,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-947555

The MLS
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