$3,999,000 Price Analysis   ♡   Pasadena, CA 91103 16 bed 18 bath 8,430 SqFt ($474/SqFt) 0.33 acre lot. Built 1949 Listed 2024-04-10, Taxes $21,042 | Ⓧ USDA Ineligible due to price & location near Pasadena |
5.5% CAP Rate Beautiful Garden Style 16 Units Apartment in NW Pasadena.
T wo 8-units Buildings. Most units are updated. 100% Leased. Full Address is 1910 and 1918 Lincoln Ave., Pasadena, CA 91103. 2 Parcels (5825-014-003 and 5825-014-002).
Unit Mix of (12) 1Bed+1Bath, (2) 2Bed+1.5Bath and (2) Studi. 14 Parking spaces and shared laundry on site. Excellent upside in rents. Hardly any vacancy. Very easy to manage. Drive By Only.
Property MLS #AR24068611 from CRMLS
Bedrooms: 16
Laundry Features: Individual Room
Full Bathrooms: 18
Additional Parcels Description: 5825014002
Additional Parcels: Yes
Lot Description: Lot 10000-19999 Sqft
Lot Size Acres: 0.3284
Lot Size Source: Assessor
Lot Size Square Feet: 14306
Additional Parcels: Yes
Lot Description: Lot 10000-19999 Sqft
Lot Size Acres: 0.3284
Lot Size Source: Assessor
Lot Size Square Feet: 14306
Garage Spaces: 14
Parking Total: 14
Parking Total: 14
Number of Units: 16
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 12
Unit-2 Garage Spaces: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 12
Unit-2 Garage Spaces: 2
Calculated Total Monthly Association Fees: 0
Gardener Expense: 1800.00
Maintenance Expense: 9765.00
Gardener Expense: 1800.00
Maintenance Expense: 9765.00
Number of Units Leased: 16
Rent Control: Yes
Rent Control: Yes
Community Features: Sidewalks
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.72
Other Expense: 4692.00
Source Property Type: Residential Income
Insurance Expense: 13350.00
Area: 645 - Pasadena (NW)
Source Neighborhood: 645 - Pasadena (NW)
New Taxes Expense: 50000.00
Number of Separate Electric Meters: 18
Number of Separate Gas Meters: 16
Number of Separate Water Meters: 2
Parcel Number: 5825014003
Postal Code Plus 4: 1348
Trash Expense: 1.00
Zoning: PSR1
Source System Name: C2C
County: Los Angeles
Cap Rate: 5.72
Other Expense: 4692.00
Source Property Type: Residential Income
Insurance Expense: 13350.00
Area: 645 - Pasadena (NW)
Source Neighborhood: 645 - Pasadena (NW)
New Taxes Expense: 50000.00
Number of Separate Electric Meters: 18
Number of Separate Gas Meters: 16
Number of Separate Water Meters: 2
Parcel Number: 5825014003
Postal Code Plus 4: 1348
Trash Expense: 1.00
Zoning: PSR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $669,309 + $1,115,517 $1,784,826 | $21,042 |
| 2021 | $656,186 + $1,093,645 $1,749,831 | $20,191 |
| 2020 | $649,458 + $1,082,432 $1,731,890 | $19,401 |
| 2019 | $636,724 + $1,061,208 $1,697,932 | $19,444 |
| 2018 | $624,240 + $1,040,400 $1,664,640 | $19,819 |
| 2017 | $612,000 + $1,020,000 $1,632,000 | $19,601 |
| 2016 | $274,117 + $253,812 $527,929 | $7,191 |
| 2015 | $370,000 + $650,000 $1,020,000 | $12,726 |
| 2014 | $368,694 + $581,157 $949,851 | $11,944 |
| 2013 | $306,000 + $510,000 $816,000 | $10,480 |
| 2012 | $300,000 + $500,000 $800,000 | $10,381 |
| 2010 | $65,618 + $9,931 $75,549 | $2,079 |
| 2009 | $65,283 + $9,881 $75,164 | $2,024 |
| 2009 | $65,128 + $9,857 $74,985 | $2,024 |
| 2008 | $64,003 + $9,688 $73,691 | $1,927 |
| 2007 | $62,749 + $9,499 $72,248 | $1,810 |
Listed 2024-04-10
$3,999,000
CRMLS
Listing removed 2020-07-09
$0
CRMLS
Relisted 2020-05-12
$4,180,000
CRMLS
Listing removed 2020-05-05
$0
CRMLS
Relisted 2020-04-24
$4,180,000
CRMLS
Listing removed 2020-04-23
$0
CRMLS
Listed 2020-02-28
$4,180,000
CRMLS
Listing removed 2020-01-02
$0
CRMLS
Listed 2019-08-20
$3,980,000
CRMLS
Listing removed 2018-05-03
$4,390,000
CRMLS
Listed 2018-01-29
$4,390,000
CRMLS
Sold 2016-05-18
$3,200,000
Public Record
Sold 2015-03-19
$2,020,000
Public Record
Sold 2014-11-21
$1,600,000
Public Record
Sold 2012-04-12
$25,000
Public Record
$3,999,000
CRMLS
Listing removed 2020-07-09
$0
CRMLS
Relisted 2020-05-12
$4,180,000
CRMLS
Listing removed 2020-05-05
$0
CRMLS
Relisted 2020-04-24
$4,180,000
CRMLS
Listing removed 2020-04-23
$0
CRMLS
Listed 2020-02-28
$4,180,000
CRMLS
Listing removed 2020-01-02
$0
CRMLS
Listed 2019-08-20
$3,980,000
CRMLS
Listing removed 2018-05-03
$4,390,000
CRMLS
Listed 2018-01-29
$4,390,000
CRMLS
Sold 2016-05-18
$3,200,000
Public Record
Sold 2015-03-19
$2,020,000
Public Record
Sold 2014-11-21
$1,600,000
Public Record
Sold 2012-04-12
$25,000
Public Record
Net Operating Income: 228676.00
Total Square Feet Living: 8430
Year Built: 1949
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 75
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Year Built: 1949
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 75
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Electric Expense: 1173.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 11756.00
Water Source: Public
Sewer: Sewer: Public Sewer, Water Sewer Expense: 11756.00
Water Source: Public
John Muir High School is a public high school located approximately 0.1 miles away.
Map directions
Map directionsJackson Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsOctavia E. Butler Magnet School is a public middle school located approximately 0.8 miles away.
Map directions
Map directionsHarriet Tubman is a private elementary school located approximately 0.5 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.