Seller's Agent in 2013
Matthew Bryant
M&M Bryant Real Estate Inc
(626) 441-3141
1 in this area
50 Total Sales
23
Beds
15
Baths
--
Sq Ft
15,682
Sq Ft Lot
Highlights
- 0.36 Acre Lot
- Mediterranean Architecture
- 14 Attached Carport Spaces
- Emma W. Shuey Elementary School Rated A-
- Laundry Room
- 1-minute walk to Sally Tanner Park
About This Home
As of November 2013Great investment opportunity! Built in 1990, this Mediterranean-style complex consists of eight townhouse units totaling 8,689 square feet. The lot size is almost 16,000 square feet. There are seven 3-bedroom 2-bath units and one 2-bedroom and 1-bath unit. The property was painted in 2012 and has impressive curb appeal. Each unit is very spacious and has central air and heating and its own private outdoor deck. The total deck space is estimated to be 1,280 square feet. The property has 14 covered carport spaces and 6 uncovered spaces. This property has produced a consistently strong cash flow with an upside to the rents. Located across from Sally Tanner Park, this property is close to shopping and transportation. Please note that the financial information was based on projected rents of $131,400 per year. Actual rents are $118,320.
Last Agent to Sell the Property
M&M Bryant Real Estate Inc License #01302873 Listed on: 08/06/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 0.36
Home Design
- Mediterranean Architecture
Bedrooms and Bathrooms
- 23 Bedrooms
- 15 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 14 Parking Spaces
- 14 Attached Carport Spaces
- Parking Available
Additional Features
- 15,869 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5372012001
Community Details
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $1,000
- Gardener Expense $1,200
- Insurance Expense $2,400
- Maintenance Expense $6,000
- Other Expense $1,200
- Professional Management Expense $5,916
- Trash Expense $1,500
- Water Sewer Expense $3,680
- Operating Expense $43,496
- Gross Income $131,400
- Net Operating Income $81,334
Additional Features
- 8 Units
- Laundry Facilities
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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 |
|---|---|---|---|---|
| 11/25/2013 11/25/13 | Sold | $1,748,000 | +6.1% | -- |
| 11/19/2013 11/19/13 | Pending | -- | -- | -- |
| 08/06/2013 08/06/13 | For Sale | $1,648,000 | -- | -- |
Source: Pasadena-Foothills Association of REALTORS®
Agents Affiliated with this Home
-
Matthew Bryant
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-22178482
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.
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