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Off market
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  • $1,318,500

    701 Elmira St, Pasadena, CA 91104

    8beds
    3,000sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $1,318,500 Zestimate®
    $440/sqft
    $2,884 Estimated rent

    Home value

    $1,318,500

    $1.19M - $1.46M

    $2,884/mo

    Zestimate® history
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    Owner options

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    $2,884/mo

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    $2,884/mo

    Rent Zestimate®

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    $8,460/mo

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    $8,460/mo

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    What's special

    6.24% Cap Rate ~ 11.14 GRM!! We are pleased to offer this fourplex that will have great cash flow for a new buyer. There is excellent financing on this property...25% Down, 4.87% Fixed for 30 Years!! Located on a quiet residential street with a high rental demand, rarely do you have vacancies. 4 separate water heaters and 6 on-site parking spaces. Property is in good condition on exterior and interior. Great income/investment property or would work well for owner/user. Pasadena is a premiere rental location in the San Gabriel Valley. One unit is a legal, non-conforming unit. Property being sold AS IS without any representations or warranties whatsoever as to condition of property. All information deemed reliable, however not guaranteed. Buyer to verify all information contained in this listing.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Appliances
    • Included: Dishwasher, Garbage disposal
    Features
    • Flooring: Tile, Carpet, Laminate
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    Features
    • Exterior features: Stucco, Wood, Cement / Concrete
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 7,120 Square Feet
    Details
    • Parcel number: 5731009064

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $440/sqft
    • Tax assessed value: $883,353
    • Annual tax amount: $10,836

    Price history

    DateEventPrice
    10/10/2014Sold$735,000+5.8%$245/sqft
    Source: Public Record Report a problem
    7/28/2012Listing removed$695,000$232/sqft
    Source: RE/MAX Commercial & Investment #12579753 Report a problem
    2/4/2012Listed for sale$695,000$232/sqft
    Source: RE/MAX Commercial & Investment #12579753 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,836 +5.2%$883,353 +2%
    2024$10,302 +0.9%$866,033 +2%
    2023$10,214 +3.5%$849,053 +2%
    2022$9,867 +4.2%$832,405 +2%
    2021$9,465 +4.1%$816,084 +1%
    2020$9,096 $807,718 +2%
    2019$9,096 -1.7%$791,881 +2%
    2018$9,249 $776,354 +2%
    2017$9,249 +1.2%$761,132 +2%
    2016$9,142 +2.2%$746,208 +1.5%
    2015$8,944 +333.1%$735,000 +463.2%
    2014$2,065 $130,493 +2.5%
    2012-- $127,359 +2%
    2011-- $124,863 +0.8%
    2010-- $123,931 -0.2%
    2009-- $124,227 +2%
    2008-- $121,792 +2%
    2007-- $119,405 +2%
    2006-- $117,065
    2005-- $117,065 +4%
    2004-- $112,522 +1.9%
    2003-- $110,461 +2%
    2002-- $108,296 +4%
    2000-- $104,092
    Find assessor info on the county website

    Neighborhood: North Central

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,318,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,318,500