NOT LISTED FOR SALE
1 Bed
1 Bath
12,092 Sq Ft
0.52 Acres

Last Sold March 05, 2013

Last sale price $2,500,000 $207 Per Sq Ft

134 Days on Market

Highlights

  • 0.52 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Pasadena High School Rated A
  • Laundry Room

About This Home

As of March 2013

415 N Holliston Ave. is a well maintained 16-unit apartment property situated on a large lot of 22,377 square feet in Pasadena, California. The property was built in 1958 and offes excellent curb appeal. It is a garden style with center courtyard and well manicured landscaping. It offers sixteen (16) 1 bedroom and 1 bathroom units with average size ±755 square feet per unit (buyer to verify). Each unit is separately metered for electricity and gas and has individual water heater.

The property has gone major capital improvements in the past several years. Some of the improvements are new roof, new water heaters and new garbage disposals in many units.

The property has ample parking with 25 spaces split evenly between carport, tuck under, and open spaces. The property offes two laundry facilities, two community sundecks, and a sizable community patio for the tenants. The offering provides investors a rare opportunity to increase value through further unit upgrades and rental increases.

The property is well-situated several blocks north of Pasadena City College and Colorado Blvd. It is centrally located between Downtown Los Angeles and San Gabriel Valley area.

Last Agent to Sell the Property

Han Widjaja-Chen

GIG Real Estate Inc. License #01749321 Listed on: 08/01/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.52

Home Design

  • 12,092 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 25 Parking Spaces
  • 14 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

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

Additional Features

  • Laundry Room
  • 0.52 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 053
  • Tax Tract Number 50561
  • Assessor Parcel Number 5739002053

Community Details

Overview

  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,392
  • Gardener Expense $600
  • Insurance Expense $3,792
  • Maintenance Expense $5,521
  • Pest Control $373
  • Trash Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $29,496
  • Gross Income $16,014
  • Net Operating Income $128,781

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5739002053
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 206.75

Garage/Parking

  • Carport Spaces: 14.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 25.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Pest Control Expense: 373.00
  • Trash Expense: 3000.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 22837.00
  • Lot Size Acres: 0.5240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3392.00
  • Gross Income: 16014.00
  • Gross Scheduled Income: 198829.00
  • Insurance Expense: 3792.00
  • Lot Size Area: 22837.0000 Square Feet
  • Maintenance Expense: 5521.00
  • Net Operating Income: 128781.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 64083.00
  • Other Income Description: laundry & other income
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 29496.00
  • Tax Lot: 053
  • Tax Tract Number: 50561
  • Tax Year: 2011

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
03/05/2013 03/05/13 Sold $2,500,000 -6.7% $207 / Sq Ft
12/13/2012 12/13/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $2,680,000 -- $222 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $37,091 $3,078,559 $2,001,064 $1,077,495
2024 $37,091 $3,018,196 $1,961,828 $1,056,368
2023 $36,788 $2,959,016 $1,923,361 $1,035,655
2022 $35,568 $2,900,998 $1,885,649 $1,015,349
2021 $34,128 $2,844,117 $1,848,676 $995,441
2019 $32,901 $2,760,586 $1,793,845 $966,741
2018 $33,207 $2,706,474 $1,758,672 $947,802
2016 $32,086 $2,600,587 $1,690,382 $910,205
2015 $31,725 $2,561,524 $1,664,991 $896,533
2014 $31,152 $2,511,349 $1,632,377 $878,972
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12096044

California Regional Multiple Listing Service (CRMLS)