NOT LISTED FOR SALE

83 S Daisy Ave Pasadena, CA 91107

Lamanda Park Neighborhood
7 Beds
4 Baths
5,948 Sq Ft
0.26 Acres

Last Sold April 10, 2018

Last sale price $2,400,000 $403 Per Sq Ft

28 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Garden
  • Pasadena High School Rated A

About This Home

As of April 2018

The apartments on Daisy Avenue represent a unique investment opportunity in the
city of Pasadena. Comprised of 8 units, the subject property has a favorable unit
mix of 2, one-bed/one bath units at approximately 550 square feet, 1 two-bed/one
bath unit at nearly 750 square feet, 4 two-bed/one-bath units at approximately 756
square feet, and 1, two-bed/one-bath unit at nearly 890 square feet. The property
was built in 1954 and features 8 carport parking spaces. Units are individually
metered for gas & electric, and owner pays for water and trash.

**Please do not go on property. Tenants do not know it is for sale.**

Last Agent to Sell the Property

Kevin Hurley

Keller Williams Realty/Pasadena License #01237798 Listed on: 02/26/2018

Keller Williams Realty/Pasadena

Co-Listed By

Kevin Lutz

Keller Williams Realty/Pasadena License #00925595

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Garden

Home Design

  • Property Attached

Interior Spaces

  • 5,948 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 16
  • Assessor Parcel Number 5748013013

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $710
  • Gardener Expense $1,800
  • Insurance Expense $3,000
  • Trash Expense $1,500
  • Water Sewer Expense $5,824
  • New Taxes Expense $26,253
  • Operating Expense $47,775
  • Gross Income $107,321
  • Net Operating Income $59,546

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • CapRate: 2.53
  • Property Attached: Yes
  • Water Sewer Expenses: 5824.00
  • Zoning: PSR3
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5748013013
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 403.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 11400.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 710.00
  • Gross Income: 107321.00
  • Gross Multiplier: 13.79
  • Gross Scheduled Income: 110600.00
  • Insurance Expense: 3000.00
  • Laundry Income: 50.00
  • Net Operating Income: 59546.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 47775.00
  • Rent Control: No
  • Total Expenses: 47775.00

Tax Info

  • New Taxes Expense: 26253.00
  • Tax Census Tract: 4632.00
  • Tax Lot: 16

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
04/10/2018 04/10/18 Sold $2,400,000 +2.1% $403 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $2,350,000 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Hurley

    Seller's Agent in 2018

    Kevin Hurley

    Keller Williams Realty/Pasadena

    (310) 872-7176

    1 in this area

    19 Total Sales

    Section Image
  • Kevin Lutz

    Seller Co-Listing Agent in 2018

    Kevin Lutz

    Keller Williams Realty/Pasadena

    (626) 429-0685

    2 in this area

    22 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,801 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18045501

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Pasadena 91107 Lamanda Park

83 S Daisy Ave, Pasadena, CA

This home is located at 83 S Daisy Ave, Pasadena, CA 91107 since 26 February 2018. This property was built in 1954. 83 S Daisy Ave is a home located in Los Angeles County with nearby schools including Willard Elementary, Pasadena High School, and Walden School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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