NOT LISTED FOR SALE

814 S Lake Ave Pasadena, CA 91106

12 Beds
6 Baths
7,582 Sq Ft
0.32 Acres

Last Sold December 01, 2014

Last sale price $2,600,000 $343 Per Sq Ft

15 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of December 2014

Superb location just North of Arden Road and San Marino. Spacious with 4 2-bedroom units. Large house in the rear. Total 7582 SF of improvements. 13944 SF Lot. Detached parking. Rents are: 1850, 1950, 1950, 2000, 3400. ALL UNITS HAVE IN-UNIT LAUNDRY HOOK-UPS. ALL CENTRAL HAVE AIR AND FORCED HEATING.

Last Agent to Sell the Property

Herman Helber

Coldwell Banker Realty License #00962966 Listed on: 09/17/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,000

Year Built

  • Built in 1923

Lot Details

  • 0.32 Acre Lot
  • No Common Walls

Parking

  • 5 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Flooring

  • Carpet

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 7
  • Assessor Parcel Number 5327015012

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Fuel Expense $800
  • Insurance Expense $2,770
  • Maintenance Expense $980
  • Supplies Expense $3,000
  • Water Sewer Expense $1,000
  • Gross Income $133,200
  • Net Operating Income $97,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,000

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • Supplies Expense: 3000.00
  • Water Sewer Expenses: 1000.00
  • Zoning: PSR6
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5327015012
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13944.00
  • Lot Size Acres: 0.3200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Fuel Expense: 800.00
  • Gross Income: 133200.00
  • Gross Scheduled Income: 133200.00
  • Insurance Expense: 2770.00
  • Lot Size Area: 13944.0000 Square Feet
  • Maintenance Expense: 980.00
  • Net Operating Income: 97970.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 35230.00
  • Operating Expense Percent: 100.00

Tax Info

  • Tax Lot: 7
  • Tax Tract: 4635
  • Tax Annual Amount: 25000.00
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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
12/01/2014 12/01/14 Sold $2,600,000 +30.0% $343 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $2,000,000 -- $264 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $35,285 $3,124,802 $1,249,920 $1,874,882
2024 $35,285 $3,063,532 $1,225,412 $1,838,120
2023 $34,994 $3,003,464 $1,201,385 $1,802,079
2022 $33,784 $2,944,574 $1,177,829 $1,766,745
2021 $32,390 $2,886,838 $1,154,735 $1,732,103
2019 $31,175 $2,801,215 $1,120,486 $1,680,729
2018 $31,756 $2,746,290 $1,098,516 $1,647,774
2016 $30,757 $2,639,650 $1,055,860 $1,583,790
2015 $30,423 $2,600,000 $1,040,000 $1,560,000
2014 -- $1,177,112 $397,271 $779,841
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Herman Helber

    Coldwell Banker Realty

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-314031697

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Pasadena 91106

814 S Lake Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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