NOT LISTED FOR SALE

837 N El Molino Ave Pasadena, CA 91104

Orange Heights Neighborhood
7 Beds
6 Baths
3,837 Sq Ft
0.31 Acres

Last Sold May 10, 2018

Last sale price $2,050,000 $534 Per Sq Ft

28 Days on Market

Highlights

  • Gated Parking
  • John Muir High School Rated A-
  • 1-Story Property

About This Home

As of May 2018

We are proud to present this 6-unit non-rent control apartment building located in Pasadena, CA. The building consists of 2 one-bedroom/one-bathroom units which include a den and private yard, 3 one-bedroom/one-bathroom units which include a den and 1 two-bedroom/one-bathroom unit. The subject property is situated on a 13,653-square foot lot with 3,837-square foot total rentable area.This property was completely renovated throughout in 2017 with new- high end kitchens, remodeled bathrooms, new windows, new roof, new driveway, electronic gate, laminate flooring, and fresh paint throughout. This is a must see! If you are looking for a non-rent control investment that offers little to no maintenance and yields high returns, this is the property for you.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 03/29/2018

Last Buyer's Agent

Kevin Lee

License #01720786

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.31 Acre Lot

Interior Spaces

  • 3,837 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Gated Parking

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5731-003-051

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3837
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 508.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 460490
  • Assessed Land Value: 855196
  • Assessor Parcel Number: 5731-003-051
  • Geocode Override: No
  • Lot Size Area: 13654

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.83
  • Number Of Units: 6
  • Total Annual Expense: 41358
  • Type Of Units: Standard
  • Vacancy Rate: 3

Range of Values:

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Average Value
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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
05/10/2018 05/10/18 Sold $2,050,000 +5.1% $534 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $1,950,000 -- $508 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Filip Niculete

    Seller's Agent in 2018

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    103 Total Sales

    Filip Niculete
    Section Image

  • K

    Buyer's Agent in 2018

    Kevin Lee

See All Agents

Map

Source: The MLS

MLS Number: 18-327836

The MLS
California Los Angeles County Pasadena 91104 Orange Heights

837 N El Molino Ave, Pasadena, CA

This home is located at 837 N El Molino Ave, Pasadena, CA 91104 since 29 March 2018. This property was built in 1948. 837 N El Molino Ave is a home located in Los Angeles County with nearby schools including Madison Elementary School, Octavia E. Butler Magnet, and John Muir High School.

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