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657 S Lake Avenue S, Pasadena, CA 91106
7
beds
4
baths
· 9631
ft2 lot
$2,275,000
Listing provided courtesy of Elle De Frih, G & G Realtors.
Source CRMLS.
This fourplex is the quintessential Pasadena income property. Janes Cottage in style, the property consists of four one bedroom, one bath units in a configuration of two duplexes. The level lot with mature trees is charming and located in the desirable South Lake Avenue area of Pasadena close to shopping, dining, entertainment and transportation. Each charming single level cottage features a living room, dining room or dining area, bath and bedroom, although no two are alike. Currently fully leased, the complex provides an investment opportunity in a premier location. Drive by only; inspection upon acceptance of offer.
HOA
$—/month
On market
4 months
Year built
1923
Property type
Multi-Family
Parking
MLS
P1-2717
Price / Sq.Ft.
ft2
Status
Active
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Property Details
Interior Features & Layout
Flooring
•   
Flooring: Laminate, Wood
Rooms Info
•   
Average1 Bed Area: 750
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Asphalt, Carport
•   
Garage Spaces: 0.00
Lot Info
•   
Lot Features: Sprinklers None
•   
Lot Size Acres: 0.2200
•   
Lot Size Area: 9631.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Property Features
•   
Common Walls: 2+ Common Walls
Exterior Features
•   
Direction Faces: South
Building Info
•   
Num Stories: One
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Green Energy Efficient: Water Heater
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 2000.00
•   
Total Actual Rent: 8071.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 14054.00
•   
Insurance Expense: 4014.00
•   
Total Expenses: 22901.98
•   
Gross Scheduled Income: 96859.00
•   
Operating Expense: 18859.20
Tax/Assessment Info
•   
Gross Income: 96859.20
•   
Tax Year: 2019
•   
Taxes: 14072.0
Lease Info
•   
Net Operating Income: 78000.00
Listing Info
•   
Status: Active
Terms
•   
Inclusions: This fourplex is the quintessential Pasadena income property. Janes Cottage in style, the property consists of four one bedroom, one bath units in a configuration of two duplexes. The level lot with mature trees is charming and located in the desirable South Lake Avenue area of Pasadena close to shopping, dining, entertainment and transportation. Each charming single level cottage features a living room, dining room or dining area, bath and bedroom, although no two are alike. Currently fully leased, the complex provides an investment opportunity in a premier location. Drive by only; inspection upon acceptance of offer.
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 2017.00
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
Unit 2 Information
•   
Unit 2 Actual Rent: 2017.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
Unit 1 Information
•   
Unit 1 Bedrooms: 4
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2017.00
•   
Unit 1 Total Rent: 2017.00
Unit 4 Information
•   
Unit 4 Actual Rent: 2017.00
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 13
•   
Number Of Units Leased: 4
School Neighborhood & Directions
Location
•   
Community Features: Biking, Sidewalks
•   
Directions: 657-633 South Lake Avenue, Pasadena, CA 91106.Cross Street: California Blvd.; From California take Lake south, property is on the west side of the street.
Other
Calculation
•   
Dom: 21
•   
Cdom: 21
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 19, 2021 3:47pm
Neighborhood snapshot
66
Properties for sale
19
Median days on market
$561.24
Median sold price/sqft
102.87%
Sold/List %
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walk score® :
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transit score® :
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bike score® :
Property History
12/29/2020
12/29/2020
CRMLS #P1-2717
active
CRMLS #P1-2717
$2,275,000
+102.22%
08/15/2012
08/15/2012
Public Record
sold
Public Record
$1,125,000
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