Seller's Agent in 2012
Han Widjaja-Chen
GIG Real Estate Inc.
(626) 594-4901
11 in this area
57 Total Sales
575 N Hill Ave Pasadena, CA 91106
Northwest Pasadena Neighborhood
8
Beds
4
Baths
5,225
Sq Ft
0.28
Acres
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Pasadena High School Rated A
About This Home
As of September 2012575-579 North Hill Avenue is a garden style, pride of ownership apartment building located in the city of Pasadena. This non-rent control investment is just minutes from Pasadena City College, Old Town Pasadena and provides excellent access to Foothill (210) Freeway.
The property consists of five units with separate meters for electricity and gas. It is a very well maintained property with no known deferred maintenance and recent capital improvements. It also has a large lot size of 12,018 square feet and provides ample parking. It has a detached carport which provides 1 parking space per unit. It has an extra room with laundry hookups. New owner can install laundry machines in this room to provide additional income.
The 575 N Hill Ave was built in 1904 and has 3bedroom+1-3/4bathroom and permitted bonus room with full bath that can be rented as a separate studio. The 579 N Hill Ave was built in 1950 (buyer to verify with the City of Pasadena) and consists of two 2bedroom+1bathroom and two 1bedroom+1bathroom. Two units (579-A and 579-B) have laundry hookups.
This offering presents for an investor or an owner user an excellent opportunity to acquire a very well maintained property in an excellent neighborhood of Pasadena.
Last Agent to Sell the Property
GIG Real Estate Inc. License #01749321 Listed on: 03/12/2012
Last Buyer's Agent
Arpi Barsoumian
Keller Williams Realty License #00975592
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 0.28 Acre Lot
Parking
- 1 Car Garage
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- 5,225 Sq Ft Home
- Shake Roof
- Stucco
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 16 / 20
- Tax Tract Number 5739
- Assessor Parcel Number 5739020016
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $137
- Insurance Expense $2,137
- Maintenance Expense $3,612
- Pest Control $900
- Trash Expense $1,000
- Water Sewer Expense $1,000
- New Taxes Expense $12,492
- Gross Income $6,500
- Net Operating Income $51,276
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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 |
|---|---|---|---|---|
| 09/28/2012 09/28/12 | Sold | $1,050,000 | -4.5% | $201 / Sq Ft |
| 09/03/2012 09/03/12 | Pending | -- | -- | -- |
| 03/12/2012 03/12/12 | For Sale | $1,100,000 | -- | $211 / 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 | $16,707 | $1,409,731 | $919,393 | $490,338 |
| 2024 | $16,707 | $1,382,090 | $901,366 | $480,724 |
| 2023 | $16,568 | $1,354,992 | $883,693 | $471,299 |
| 2022 | $16,011 | $1,328,424 | $866,366 | $462,058 |
| 2021 | $15,357 | $1,302,378 | $849,379 | $452,999 |
| 2020 | $14,766 | $1,289,025 | $840,670 | $448,355 |
| 2019 | $14,800 | $1,263,751 | $824,187 | $439,564 |
| 2018 | $14,911 | $1,238,973 | $808,027 | $430,946 |
| 2016 | $14,407 | $1,190,864 | $776,651 | $414,213 |
| 2015 | $14,248 | $1,172,977 | $764,985 | $407,992 |
| 2014 | $12,909 | $1,054,767 | $703,178 | $351,589 |
Source: Public Records
Agents Affiliated with this Home
-
Han Widjaja-Chen
-
A
Buyer's Agent in 2012
Arpi Barsoumian
Keller Williams Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: A12032630
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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