Sold for $1,922,000

Listed by: Compass • Luther Tsinoglou • Contact: 626-695-8650

Bought with: In Realty Inc.

$1,922,000

53 S Roosevelt Ave N, Pasadena, CA 91107

9beds

5baths

4,350sqft

Quadruplex

Built in 1978

-- sqft lot

$1,862,300 Zestimate^®

$442/sqft

$4,257 Estimated rent

Home value

$1,862,300

$1.68M - $2.10M

$4,257/mo

Zestimate^® history

Owner options

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$4,257/mo

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$4,257/mo

Rent Zestimate^®

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$12,132/mo

Est. payment

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$12,132/mo

Est. payment

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What's special

The subject property is a well maintained 4-unit investment property conveniently located near the heart of Pasadena. The property consists of 4 separate houses, measuring approx. 4,350sf. situated on a large 11,256sf lot, as per assessor records. The main house offers 3bed/2bath, spacious living/dining area, indoor laundry and a newer central air & heat unit. The 3 additional homes offer 2 bedrooms and 1 bath, open floor plans with kitchen and eating areas, ample closets as well as raised ceilings. Covered parking is available and can accommodate up to 6 vehicles. The property also includes a common laundry room in addition to the separate electrical and gas meters. Owner pays for water and gardening service. Potential to add up to 2-ADU's on the property, buyer to verify.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 5

Heating

Central, Forced Air, Heat Pump, Wall Furnace

Cooling

Central Air, Heat Pump, Wall/Window Unit(s)

Appliances

Included: Gas Water Heater, Water Heater
Laundry: Common Area

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 4,350
Total interior livable area: 4,350 sqft

Property

Parking

Total spaces: 7
Parking features: Attached Carport, Asphalt, Driveway Level, Driveway
Carport spaces: 6
Uncovered spaces: 1

Features

Entry location: ground
Pool features: None
Fencing: Block

Lot

Size: 0.26 Acres
Features: Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level

Details

Parcel number: 5747006049
Zoning: PSR3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Wood Siding
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Public Sewer, Sewer Tap Paid
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Pasadena

Financial & listing details

Price per square foot: $442/sqft
Date on market: 4/26/2024
Cumulative days on market: 16 days
Listing terms: Cash,Cash to New Loan,1031 Exchange
Total actual rent: 8265
Tenant pays: Electricity, Gas, Trash Collection, Telephone

Price history

Date	Event	Price
6/10/2024	Sold	$1,922,000+20.1%$442/sqft
Source: CRMLS #AR24080400 Report a problem
6/6/2024	Pending sale	$1,600,000$368/sqft
Source: CRMLS #AR24080400 Report a problem
5/13/2024	Contingent	$1,600,000$368/sqft
Source: CRMLS #AR24080400 Report a problem
5/10/2024	Listed for sale	$1,600,000$368/sqft
Source: CRMLS #AR24080400 Report a problem