NOT LISTED FOR SALE

Pasadena, CA 91104

Normandie Heights Neighborhood
14 Beds
8 Baths
6,130 Sq Ft
8,111 Sq Ft Lot

Last Sold September 20, 2012

Last sale price $1,190,000 $194 Per Sq Ft

106 Days on Market

Highlights

  • Traditional Architecture
  • 8 Carport Spaces
  • 1-minute walk to Washington Park
  • Laundry Room

About This Home

As of September 2012

Do not judge by curb appeal! 8 apartment units (6 with 2BD/1BA & 2 Single BD studios w/lofts) stucco building w/ balconies/patios for most units. Copper plumbing, dual glazed vinyl windows, skylights, tile &/or hardwood floors. Granite, marble and tile in kitchens and baths. Remodeled/updated units with new cabinetry, updated electrical, and more. Loft areas over living rooms in four upper units. Carport with 8 spaces. Common area laundry at rear of building and separate owner`s storage room. Property includes non-reciprocal easement over driveway to west of property line.

Last Agent to Sell the Property

Jayne Parsons

Keller Williams Realty License #00874915 Listed on: 06/05/2012

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,111

Home Design

  • Traditional Architecture

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available

Additional Features

  • Laundry Room
  • 8,111 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5848024020

Community Details

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $2,452
  • Maintenance Expense $4,800
  • Water Sewer Expense $6,114
  • Operating Expense $32,438
  • Net Operating Income $65,833

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • CapRate: 5.20
  • Property Attached: No
  • Water Sewer Expenses: 6114.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5848024020
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Attached Carport, Detached Carport
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8111.00
  • Lot Size Acres: 0.1900

Multi Family

  • Gross Scheduled Income: 10340.00
  • Insurance Expense: 2452.00
  • Laundry Income: 1380.00
  • Lot Size Area: 8111.0000 Square Feet
  • Maintenance Expense: 4800.00
  • Net Operating Income: 65833.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 32438.00
  • Total Expenses: 32438.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
09/20/2012 09/20/12 Sold $1,190,000 -5.9% $194 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $1,265,000 -- $206 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $17,547 $1,465,388 $861,994 $603,394
2024 $17,547 $1,436,656 $845,093 $591,563
2023 $17,402 $1,408,487 $828,523 $579,964
2022 $16,821 $1,380,871 $812,278 $568,593
2021 $16,134 $1,353,796 $796,351 $557,445
2019 $15,550 $1,314,444 $772,732 $541,712
2018 $15,794 $1,288,687 $757,581 $531,106
2016 $15,250 $1,237,878 $728,164 $509,714
2015 $15,080 $1,219,285 $717,227 $502,058
2014 $14,809 $1,195,402 $703,178 $492,224
Source: Public Records

Agents Affiliated with this Home

  • Jayne Parsons

    Seller's Agent in 2012

    Jayne Parsons

    Keller Williams Realty

    (626) 233-6428

    67 Total Sales

    Jayne Parsons
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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22165078

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Pasadena 91104

Normandie Heights

Not Listed for Sale

MultiFamily

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