NOT LISTED FOR SALE
12 Beds
9 Baths
-- Sq Ft
7,702 Sq Ft Lot

Last Sold April 04, 2019

Last sale price $1,700,000

73 Days on Market

Highlights

  • Gated Community
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Linda Esperanza Marquez High School Rated A-
  • 9 Car Direct Access Garage
  • Laundry Room

About This Home

As of April 2019

This 9 Unit apartment building has been well maintained and offers stable income. The strong rental market keeps units in high demand and vacancy rates low. 5 of the 9 units have been remodeled recently. Several of the current tenants have been long-term tenants. Centrally located, this building is close to employment centers, public transportation, shopping, dining, schools, parks and various popular amenities in the Los Angeles areas. Offering Memorandum and other supporting documentation available. Leases are month-to-month and there is NO RENT CONTROL. Laundry area is serviced by third party and laundry income is split 50/50.

Last Agent to Sell the Property

Marc Ellis

Keller Williams Realty License #01436778 Listed on: 12/18/2018

Keller Williams Realty

Co-Listed By

Cindy De Mesa

Cindy De Mesa License #01276285

Last Buyer's Agent

Mehran Moaddel

The Moaddel Group, Inc. License #01187360

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,702 Sq Ft Lot
  • East Facing Home

Parking

  • 9 Car Direct Access Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2-Story Property

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 6320027023

Community Details

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $43,037

Additional Features

  • 9 Units
  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

9

Listing Details

  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: HPCN
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6320027023
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Roof: Asphalt
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7702.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7702.0000 Square Feet
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 9
  • Number Wall A C: 9
  • Number With Disposal: 9
  • Number With Range: 9
  • Total Expenses: 43037.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2019 04/04/19 Sold $1,700,000 -2.9% --
03/01/2019 03/01/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $1,750,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818005887

Pasadena-Foothills Association of REALTORS®