Seller's Agent in 2018
Jonathan Taksa
RE/MAX
(424) 672-8220
83 Total Sales
48 S Oak Ave Pasadena, CA 91107
Lamanda Park Neighborhood
12
Beds
1
Bath
5,987
Sq Ft
10,019
Sq Ft Lot
About This Home
48 S. Oak Avenue is s well maintained 7 unit apartment building located in prime Pasadena. Built by the Seller's family in 1975, the property is available to be purchased for the first time ever. Not subject to rent control, 48 S. Oak Avenue has an ideal unit mix consisting of 6 two bedroom 1 bath units and 1 studio unit. With a current rent per foot of only $1.79, there is immediate rental upside. Additionally, there is ample on site parking (9 spaces) and the building sits on a very large 10,022 square foot lot zoned R3. Located just south to Colorado Blvd., walking distance to restaurants and entertainment venues.
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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 | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2018 04/17/18 | Sold | $2,450,000 | +4.3% | $409 / Sq Ft | View Prior Sale |
| 02/21/2018 02/21/18 | Pending | -- | -- | -- | |
| 01/29/2018 01/29/18 | For Sale | $2,350,000 | 0.0% | $393 / Sq Ft | |
| 01/26/2016 01/26/16 | Rented | $1,550 | 0.0% | -- | |
| 01/16/2016 01/16/16 | For Rent | $1,550 | 0.0% | -- | |
| 11/17/2014 11/17/14 | Rented | $1,550 | 0.0% | -- | |
| 11/17/2014 11/17/14 | For Rent | $1,550 | -- | -- |
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 | $31,601 | $2,787,678 | $1,672,607 | $1,115,071 |
| 2024 | $31,601 | $2,733,018 | $1,639,811 | $1,093,207 |
| 2023 | $31,339 | $2,679,430 | $1,607,658 | $1,071,772 |
| 2022 | $30,259 | $2,626,893 | $1,576,136 | $1,050,757 |
| 2021 | $29,018 | $2,575,386 | $1,545,232 | $1,030,154 |
| 2019 | $27,931 | $2,499,000 | $1,499,400 | $999,600 |
| 2018 | $4,006 | $241,548 | $28,199 | $213,349 |
| 2016 | $3,790 | $232,170 | $27,105 | $205,065 |
| 2015 | $3,744 | $228,683 | $26,698 | $201,985 |
| 2014 | $3,727 | $224,205 | $26,176 | $198,029 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Taksa
-
O
Buyer's Agent in 2018
OUT OF AREA
-
Ernie Boehr
Seller's Agent in 2016
Ernie Boehr
Compass
(626) 795-9571
21 Total Sales
-
C
Buyer's Agent in 2016
Chris Vargas
Teles Properties Eagle Rock
Map
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