NOT LISTED FOR SALE

755 E Pine St Altadena, CA 91001

24 Beds
7 Baths
13,682 Sq Ft
0.51 Acres

Last Sold October 15, 2015

Last sale price $3,100,000 $227 Per Sq Ft

22 Days on Market

Highlights

  • 22,260 Sq Ft lot
  • Air Conditioning
  • 2-minute walk to Altadena Triangle Park

About This Home

As of October 2015

Built in 1958, this two-story property presents a great unit mix of 10 One-Bedroom/One-Bathroom units and 7 Two-Bedroom/One-Bathroom units. The property features a newly rebuilt sparkling blue pool, on-site laundry, on-site gatedparking and new roof.Well positioned in a quiet non-rent control neighborhood with rents far below market, the subject property presents anexcellent opportunity for an investor to capitalize on the significant rental upside potential.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 05/20/2015

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 05/20/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.51 Acre Lot

Interior Spaces

  • 13,682 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 7 Bathrooms

Parking

  • 16 Parking Spaces
  • Assigned Parking

Utilities

  • Air Conditioning
  • Cable TV Available

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5841-030-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 13682
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Total Bathrooms: 7.00
  • Equipment: Cable
  • Price Per S Q F T: 233.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 16

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 596047
  • Assessed Land Value: 397361
  • Assessor Parcel Number: 5841-030-021
  • Geocode Override: No
  • Lot Size Area: 22260

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.37
  • Number Of Units: 8
  • Rent Control: 0
  • Type Of Units: Residential
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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
10/15/2015 10/15/15 Sold $3,100,000 -3.1% $227 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $3,200,000 -- $234 / Sq Ft
Source: The MLS

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 $47,409 $3,669,766 $2,367,592 $1,302,174
2024 $47,409 $3,597,811 $2,321,169 $1,276,642
2023 $45,908 $3,527,266 $2,275,656 $1,251,610
2022 $44,393 $3,458,105 $2,231,036 $1,227,069
2021 $41,587 $3,390,300 $2,187,291 $1,203,009
2019 $40,105 $3,289,744 $2,122,416 $1,167,328
2018 $40,723 $3,225,240 $2,080,800 $1,144,440
2016 $39,343 $3,100,000 $2,000,000 $1,100,000
2015 $15,992 $1,013,256 $405,300 $607,956
2014 $15,828 $993,408 $397,361 $596,047
Source: Public Records

Agents Affiliated with this Home

  • Filip Niculete

    Seller's Agent in 2015

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    103 Total Sales

    Filip Niculete
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Map

Source: The MLS

MLS Number: 15-907229

The MLS
California Los Angeles County Altadena 91001

755 E Pine St, Altadena, CA

Not Listed for Sale

MultiFamily

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