Seller's Agent in 2014
Reza Ghobadi
Reza Ghobadi
(818) 793-2923
18 Total Sales
614 N Mar Vista Ave Pasadena, CA 91106
Northwest Pasadena Neighborhood
3
Beds
1
Bath
13,632
Sq Ft
0.57
Acres
About This Home
As of September 2014Located on North Mar Vista Avenue in Pasadena, this multi-family investment is a twin building, non-rent control property built in 1983. The complex maintains 13,632 rentable square footage resting on a 24,694 square foot lot and offers a unit mix of (12) 3 bedroom/ 1.5 bath units. The building offers central air-conditioning and heat with newer electric condensers and gas boilers. Furthermore, the units have been upgraded with granite counter-tops in the kitchen and bathrooms. Also included are newer kitchen cabinets, gas ovens, refrigerators, dishwashers, sinks and faucets, low flow toilets, and light fixtures. Moreover, the upgraded units also include laminate flooring downstairs and carpeting upstairs. The building has also undergone further capital improvements including complete roof water proofing, and white heat reflecting sealant treatments. In addition the building offers one parking space for each unit and additional six parking spaces available to rent at $45 per month. Also there are twelve storages available to rent at $25 a month.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983
Lot Details
- 0.57 Acre Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 18 Parking Spaces
Home Design
- 13,632 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Location
- Urban Location
Listing and Financial Details
- Tax Lot 40
- Tax Tract Number 27
- Assessor Parcel Number 5739006028
Community Details
Overview
- 2 Buildings
- 12 Units
Building Details
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- Gardener Expense $4,200
- Insurance Expense $3,382
- Maintenance Expense $12,000
- Other Expense $936
- Pest Control $624
- Professional Management Expense $10,300
- Trash Expense $5,736
- Water Sewer Expense $9,600
- New Taxes Expense $48,688
- Gross Income $1,070
- Net Operating Income $168,623
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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 |
|---|---|---|---|---|
| 09/23/2014 09/23/14 | Sold | $3,895,000 | 0.0% | $286 / Sq Ft |
| 09/23/2014 09/23/14 | Pending | -- | -- | -- |
| 07/21/2014 07/21/14 | For Sale | $3,895,000 | -- | $286 / 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 | $53,675 | $4,681,197 | $3,046,685 | $1,634,512 |
| 2024 | $53,675 | $4,589,410 | $2,986,947 | $1,602,463 |
| 2023 | $53,234 | $4,499,423 | $2,928,380 | $1,571,043 |
| 2022 | $51,411 | $4,411,200 | $2,870,961 | $1,540,239 |
| 2021 | $49,292 | $4,324,707 | $2,814,668 | $1,510,039 |
| 2019 | $47,460 | $4,196,436 | $2,731,185 | $1,465,251 |
| 2018 | $48,336 | $4,114,154 | $2,677,633 | $1,436,521 |
| 2016 | $46,785 | $3,954,398 | $2,573,658 | $1,380,740 |
| 2015 | $46,272 | $3,895,000 | $2,535,000 | $1,360,000 |
| 2014 | $25,513 | $2,048,688 | $831,526 | $1,217,162 |
Source: Public Records
Agents Affiliated with this Home
-
Reza Ghobadi
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR14154307
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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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