NOT LISTED FOR SALE
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
  • Laundry Room
  • 1-minute walk to Washington Park
  • John Muir High School Rated A-
  • 8 Carport Spaces

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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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 Change Sq Ft Price
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

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22165078

Pasadena-Foothills Association of REALTORS®