V
Seller's Agent in 2024
Vincent Yan
Coldwell Banker Envision
(626) 465-4601
1 in this area
13 Total Sales
51 S Allen Ave Pasadena, CA 91106
Playhouse Village Neighborhood
11
Beds
11
Baths
5,150
Sq Ft
8,604
Sq Ft Lot
Highlights
- Laundry in Carport
- Forced Air Heating and Cooling System
- Rectangular Lot
- Pasadena High School Rated A
About This Home
As of November 2024This unique 6-unit apartment building in the heart of Pasadena offers a compelling investment opportunity with a diverse unit mix: one three-bedroom unit with 2.5 baths, three two-bedroom units with 1.75 baths each, and two one-bedroom units with 1 bath each, all fully occupied by reliable tenants. Managed efficiently, the property is well-maintained and has undergone significant remodeling, with five units renovated between 2010 and 2019, and one unit newly remodeled in 2023. It features individual metering for gas and electricity, while the owner covers water, gardening, trash, and common area electricity costs. Parking is ample with 9 tuck-under spaces. Recent updates include a new roof installed in 2023 and new electric sub-panels for each unit. Additional amenities include private balconies for four units, a laundry area with new metered washer and dryers for added income. Located near Pasadena City College (PCC), CalTech University, and various dining options. This property not only offers residential attractiveness but also promising income potential, making it a solid investment choice.
Last Agent to Sell the Property
Coldwell Banker Envision Brokerage Phone: 626-512-8333 License #00977818 Listed on: 10/02/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 8,604 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
- Front Yard Sprinklers
Home Design
- Apartment
- Entry on the 2nd floor
- Shingle Roof
Interior Spaces
- 5,150 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Bathrooms
Laundry
- Laundry in Carport
- Dryer
- Washer
Parking
- 9 Parking Spaces
- 9 Carport Spaces
- Parking Available
- Assigned Parking
Additional Features
- Suburban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1
- Tax Tract Number 37612
- Assessor Parcel Number 5736025030
Community Details
Overview
- 6 Units
Building Details
- 6 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $589
- Fuel Expense $2,173
- Gardener Expense $780
- Insurance Expense $2,660
- Trash Expense $860
- Water Sewer Expense $3,800
- Operating Expense $28,430
- Gross Income $148,200
- Net Operating Income $119,761
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $2,700,000 | -1.8% | $524 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $2,750,000 | 0.0% | $534 / Sq Ft |
| 02/27/2021 02/27/21 | Rented | $1,800 | 0.0% | -- |
| 02/16/2021 02/16/21 | Price Changed | $1,800 | -13.3% | $2 / Sq Ft |
| 10/27/2020 10/27/20 | For Rent | $2,075 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $31,948 | $2,700,000 | $1,200,000 | $1,500,000 |
| 2024 | $14,267 | $1,163,381 | $465,348 | $698,033 |
| 2023 | $14,149 | $1,140,571 | $456,224 | $684,347 |
| 2022 | $13,677 | $1,118,208 | $447,279 | $670,929 |
| 2021 | $13,118 | $1,096,283 | $438,509 | $657,774 |
| 2019 | $12,646 | $1,063,768 | $425,503 | $638,265 |
| 2018 | $12,782 | $1,042,910 | $417,160 | $625,750 |
| 2016 | $12,337 | $1,002,414 | $400,962 | $601,452 |
| 2015 | $12,199 | $987,358 | $394,940 | $592,418 |
| 2014 | $11,972 | $968,018 | $387,204 | $580,814 |
Source: Public Records
Agents Affiliated with this Home
-
Vincent Yan
-
Sharon Liu
Buyer's Agent in 2024
Sharon Liu
RE/MAX
(626) 758-0937
3 in this area
220 Total Sales
-
Ivona Kurzawa
Seller's Agent in 2021
Ivona Kurzawa
New West Real Estate
(714) 803-7542
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR24201947
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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