Discover the charm and potential of this stunning 5-unit Spanish style residential income property in the heart of South Pasadena. Boasting with classic architectural details, each unit offers a blend of old-world elegance and modern convenience. The property features two 2-bedroom and 1-bathrooms units and three 1-bedroom and 1-bathroom units. Interior details such as arched doorways, built-ins and hardwood flooring provide a timeless and inviting atmosphere. Each unit is provided with an assigned parking space and access to an on-site laundry room in addition to private balconies and patios. The two units in the front of the property have the added convenience of washer dryer hookups inside the unit. The property has been thoughtfully updated throughout the years including newly installed roofing, updated electrical and fresh exterior paint. Ideal for investors and owner-occupiers alike, this income property presents a rare opportunity to own a piece of South Pasadena's rich history while generating steady rental income. With its convenient location near Mission Street shops and dining, Bristol Farms, Garfield Park, and local Elementary, Middle and High school, tenants will enjoy the best of what the area has to offer.
Sold for $2,300,000
Listed by: COMPASS • Jim Rock • Contact: (626) 484-7006
Bought with: COMPASS
$2,300,000
1411 Fair Oaks Ave, South Pasadena, CA 91030
6beds
5baths
4,034sqft
Multi Family
Built in 1921
-- sqft lot
$-- Zestimate®
$570/sqft
$5,872 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,872/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jim Rock DRE #01057765 (626)484-7006,
COMPASS
Bought with:
Jim Rock, DRE #01057765
COMPASS
Source: CRMLS,MLS#: P1-16499
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Rooms
- Room types: Bedroom, Laundry, Living Room
Bedroom
- Features: All Bedrooms Up
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, In Kitchen
Features
- Ceiling Fan(s), Crown Molding, Storage, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level
- Flooring: Tile, Vinyl, Wood
- Doors: Panel Doors
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,034
- Total interior livable area: 4,034 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned, Concrete, Carport, Door-Multi, Driveway Level, Garage, On Site, One Space, See Remarks, Side By Side
- Carport spaces: 2
- Uncovered spaces: 3
Accessibility
- Accessibility features: None, No Stairs, Parking, See Remarks
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Wood,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 8,340 Square Feet
- Dimensions: 8340
- Features: Agricultural, Front Yard, Sprinklers In Front, Lawn, Near Public Transit, Rectangular Lot, Sprinklers Timer, Trees
Details
- Parcel number: 5319004022
- Zoning: R3
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish,Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Plaster, Stucco
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Raised, Slab
- Roof: Composition,Rolled/Hot Mop,Spanish Tile
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1921
Details
- Builder model: 5 Plex
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
Community & HOA
Community
- Features: Gutter(s), Storm Drain(s), Street Lights
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Not Applicable
Location
- Region: South Pasadena
Financial & listing details
- Price per square foot: $570/sqft
- Tax assessed value: $2,346,000
- Annual tax amount: $5,998
- Date on market: 2/13/2024
- Cumulative days on market: 219 days
- Listing terms: Cash,Cash to New Loan
- Inclusions: Appliances
- Exclusions: None
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2024 | Sold | $2,300,000-4%$570/sqft |
Source:  CRMLS #P1-16499 Report a problem | ||
| 8/29/2024 | Pending sale | $2,395,000$594/sqft |
Source: CRMLS #P1-16499 Report a problem | ||
| 8/5/2024 | Listed for sale | $2,395,000+484.1%$594/sqft |
Source: CRMLS #P1-16499 Report a problem | ||
| 2/19/2003 | Sold | $410,000$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,346,000 +2% |
| 2025 | $27,664 +353.5% | $2,300,000 +599.9% |
| 2024 | $6,101 +1.7% | $328,607 +2% |
| 2023 | $5,998 +1.9% | $322,165 +2% |
| 2022 | $5,888 +1.9% | $315,849 +2% |
| 2021 | $5,775 +1.2% | $309,657 +1% |
| 2020 | $5,705 | $306,482 +2% |
| 2019 | $5,705 +5% | $300,473 +2% |
| 2018 | $5,435 | $294,582 +2% |
| 2017 | $5,435 +2.1% | $288,806 +2% |
| 2016 | $5,321 +5.6% | $283,144 +1.5% |
| 2015 | $5,039 +2% | $278,892 +2% |
| 2014 | $4,940 | $273,430 +4.5% |
| 2011 | -- | $261,626 +0.8% |
| 2010 | -- | $259,672 -0.2% |
| 2009 | -- | $260,290 +2% |
| 2008 | -- | $255,187 |
Find assessor info on the county website
Neighborhood: 91030
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Nearby schools
GreatSchools rating
- 9/10Arroyo Vista Elementary SchoolGrades: K-5Distance: 1 mi
- 10/10South Pasadena Middle SchoolGrades: 6-8Distance: 0.1 mi
- 10/10South Pasadena Senior High SchoolGrades: 9-12Distance: 0.2 mi
- California
- Los Angeles County
- South Pasadena
- 91030
- 1411 Fair Oaks Ave
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