W
Seller's Agent in 2018
William Tong
GOLDEN LAND INV. & FINANCIAL
50 S Meridith Ave Pasadena, CA 91106
Playhouse Village Neighborhood
10
Beds
5
Baths
4,650
Sq Ft
1959
Built
Highlights
- Property is near park
- Laundry Room
- Landscaped
- Pasadena High School Rated A
About This Home
As of February 2018Rare opportunity to own a well maintained 5-unit multi-family property 1 block away from PCC and 3 blocks away (0.5 miles) to Cal-Tech, the Gold Line Metrolink station, dozens of restaurants and shops (Chick-fil-a, Starbucks, Panda Express, Bank of America, Wells Fargo, etc.), the 210 freeway, and the bus line. The 2-story property is a large 4,650 sqft on a generous 8,605 sqft lot. All of the units are 2 bedroom, 1 bathroom units and attached. There are a total of 9 parking spaces - 5 covered spaces and 4 uncovered spaces. Property includes an on-site owner-owned coin-operated laundry room. Owner installed a new roof recently, newly painted the exterior, and the homes have been well maintained for decades.
Last Agent to Sell the Property
William Tong
GOLDEN LAND INV. & FINANCIAL License #01903501 Listed on: 12/29/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 8,596 Sq Ft Lot
- Two or More Common Walls
- Landscaped
Home Design
- 4,650 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
Parking
- 4 Open Parking Spaces
- 9 Parking Spaces
- 5 Carport Spaces
Location
- Property is near park
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 23
- Tax Tract Number 4634
- Assessor Parcel Number 5736025026
Community Details
Building Details
- 2 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,609
- Fuel Expense $1,446
- Gardener Expense $840
- Insurance Expense $2,228
- Trash Expense $606
- Operating Expense $26,573
- Gross Income $120,000
- Net Operating Income $93,427
Additional Features
- 5 Units
- Laundry Facilities
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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 |
|---|---|---|---|---|
| 02/27/2018 02/27/18 | Sold | $2,500,000 | +16.3% | $538 / Sq Ft |
| 02/06/2018 02/06/18 | Pending | -- | -- | -- |
| 12/29/2017 12/29/17 | For Sale | $2,150,000 | -- | $462 / 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 | $31,758 | $2,827,500 | $1,696,501 | $1,130,999 |
| 2024 | $31,758 | $2,772,060 | $1,663,237 | $1,108,823 |
| 2023 | $31,496 | $2,717,707 | $1,630,625 | $1,087,082 |
| 2022 | $30,406 | $2,664,419 | $1,598,652 | $1,065,767 |
| 2021 | $29,164 | $2,612,176 | $1,567,306 | $1,044,870 |
| 2019 | $28,066 | $2,534,700 | $1,520,820 | $1,013,880 |
| 2018 | $16,738 | $1,414,144 | $836,943 | $577,201 |
| 2016 | $16,193 | $1,359,234 | $804,445 | $554,789 |
| 2015 | $16,015 | $1,338,818 | $792,362 | $546,456 |
| 2014 | $13,148 | $1,085,000 | $651,000 | $434,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Travis Ely
Buyer's Agent in 2018
Travis Ely
TRAVIS ELY
(626) 298-5579
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS17277512
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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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