M
Seller's Agent in 2013
Michael Gourdikian
Pacific West Realty Inv.
(626) 355-4020
981 E Orange Grove Blvd Pasadena, CA 91104
Bungalow Heaven Neighborhood
1
Bed
1
Bath
3,974
Sq Ft
8,655
Sq Ft Lot
About This Home
As of February 2013Property includes 977 & 981 East Orange Grove on a total of 3 lots. 14 Units in excellent central Pasadena location. Cash Cow Opportunity. Architecturally attractive garden units with abundant landscape. Excellent parking. Diversified unit mix of studios, 1's, 1 + Den and 2's. Only $129k per unit and over 5% cash on cash. Low maintenance building and shows very well. Buyer must verify all information at inspection.See attached marketing package.
Last Agent to Sell the Property
Pacific West Realty Inv. License #01015826 Listed on: 10/01/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 8,655 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 19 Parking Spaces
Home Design
- 3,974 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 4624
- Assessor Parcel Number 5732004014
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 14 Units
Building Details
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1
- Insurance Expense $1
- Maintenance Expense $1
- Professional Management Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- New Taxes Expense $1
- Gross Income $12,365
- Net Operating Income $97,189
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2013 02/07/13 | Sold | $1,750,000 | -3.6% | $440 / Sq Ft |
| 01/07/2013 01/07/13 | Pending | -- | -- | -- |
| 10/21/2012 10/21/12 | For Sale | $1,815,000 | -- | $457 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,536 | $1,573,344 | $954,769 | $618,575 |
| 2024 | $18,536 | $1,542,496 | $936,049 | $606,447 |
| 2023 | $18,381 | $1,512,252 | $917,696 | $594,556 |
| 2022 | $16,273 | $1,346,058 | $942,243 | $403,815 |
| 2021 | $15,618 | $1,319,666 | $923,768 | $395,898 |
| 2020 | $15,020 | $1,307,525 | $914,296 | $393,229 |
| 2019 | $15,049 | $1,281,915 | $896,369 | $385,546 |
| 2018 | $14,742 | $1,256,808 | $878,794 | $378,014 |
| 2016 | $14,263 | $1,206,670 | $844,670 | $362,000 |
| 2015 | $14,107 | $1,188,546 | $831,983 | $356,563 |
| 2014 | $13,855 | $1,165,265 | $815,686 | $349,579 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Gourdikian
-
NoEmail NoEmail
N
Buyer's Agent in 2013
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,305 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR12130943
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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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