$2,250,000
PENDING
Total Views 107,777
6 Beds
4 Baths
3,395 Sq Ft
$663 Price per Sq Ft

Highlights

  • Guest House
  • Craftsman Architecture
  • Wood Flooring
  • Garage Cooled
  • Living Room with Fireplace
  • ADA Compliant

About This Home

Residential income in the highly desirable area of Pasadena. 2 separate structures. Property will be leased back by the owner for $10,000.00 per month Triple net. Tenant will execute a new five year lease with annual rent adjustments. Owner operates a program for teenagers and their families. The program is after school only and not overnight. Owner operates six additional facilities and is wanting to expand. Name of the program is Insight treatment.

Listing Agent

David Altemus

The Altemus Company License #00317067 Listed on: 08/27/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 10,784 Sq Ft Lot
  • Lot Dimensions are 60x180
  • Gated Home

Parking

  • 4 Car Garage
  • Garage Cooled
  • Converted Garage
  • Driveway
  • Automatic Gate

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 3,395 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Alarm System
  • Security Lights

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Additional Features

  • ADA Compliant
  • Guest House

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5726-018-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

10,784 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Entry Location: Foyer
  • Living Area: 3395
  • Lot Acreage: 0.2476
  • Lot Dimensions: 60x180
  • Probate: No
  • Stories: 2
  • Year Built: 1905
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 6
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave
  • Price Per S Q F T: 662.74

Exterior Features

  • Other Structures: GuestHouse
  • Foundation Details: Raised
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Auto Driveway Gate, Air Conditioned Garage, Driveway, Converted Garage
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Exterior Security Lights, Automatic Gate, Gated, Prewired for alarm system
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 346888
  • Assessed Land Percent: 75
  • Assessed Land Value: 1040666
  • Total Assessed Value: 1387554
  • Assessor Parcel Number: 5726-018-028
  • Lot Size Area: 10784

Rental Info

  • Total Actual Rent: 120000.00
  • Land Lease Type: Fee
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Exterior Maintenance, Gardener, Gas, Insurance, Interior Maint, Janitorial Service, Parking Lot Maint, Roof, Hot Water, Water, Trash Collection, Taxes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.00
  • Number Of Units: 2
  • Type Of Units: residential

Map

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $16,595 $2,091,000 $1,567,740 $523,260
2024 $16,595 $1,443,609 $1,082,708 $360,901
2023 $16,457 $1,415,304 $1,061,479 $353,825
2022 $15,888 $1,387,554 $1,040,666 $346,888
2021 $15,235 $1,360,348 $1,020,261 $340,087
2020 $14,622 $1,346,400 $1,009,800 $336,600
2019 $14,663 $1,320,000 $990,000 $330,000
2018 $4,677 $370,797 $188,045 $182,752
2016 $4,487 $356,400 $180,744 $175,656
2015 $4,438 $351,048 $178,030 $173,018
2014 $4,363 $344,172 $174,543 $169,629
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $2,250,000 0.0% $663 / Sq Ft
09/16/2015 09/16/15 Under Contract -- -- --
09/08/2015 09/08/15 For Rent $5,750 0.0% --
09/08/2015 09/08/15 Rented $5,750 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Lawyers Title Insurance Compan
Grant Deed $1,320,000 Lawyers Title
Grant Deed $280,000 Chicago Title
Grant Deed $365,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,122,000 Commercial
Previous Owner $251,700 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 23-305107

The MLS

APN: 5726-018-028

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