53 S Roosevelt Avenue N Pasadena, CA $ 1,600,000
53 S Roosevelt Avenue N
$ 1,600,000
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53 S Roosevelt Avenue N

Pasadena, CA, 91107
$ 1,600,000
Bedrooms3 Baths1.0 Sq 4,350

Monthly Estimate*

$ 11,176

Listed by Compass
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 1
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 2
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 3
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 4
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 5
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 6
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 7
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 8
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 9
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 10
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 11
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 12
53 S Roosevelt Avenue N, Pasadena, CA 91107 - Image 13

Multi-Family Home for sale in Pasadena, CA

for $1,600,000 with 3 bedrooms and 1 full bath. This 4,350 square foot home was built in 1978 on a lot size of 0.2584.

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.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.2584

Year Built

1978

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR24080400

Days on Market

13

Features
General
Sewer PublicSewer SewerTapPaid
Heating Central ForcedAir HeatPump WallFurnace
Cooling CentralAir HeatPump WallWindowUnits
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Composition
Appliances GasWaterHeater WaterHeater
Zoning PSR3
HOA 0.0
Garage Spaces 0.0
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Construction Materials WoodSiding
Year Built 1978
Tenant Pays Electricity Gas TrashCollection Telephone
Property SubType Quadruplex
Gross Income 99500.0
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 71550.0
Operating Expense 27950.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Contingent on seller finding property of choice to complete 1031 exchange.
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South of Colorado Blvd. West of Sierra Madre Blvd.
City Pasadena
Entry Location ground
View Y/N N
Senior Community Y/N N
Open Parking Spaces 1.0
Total Units 4
MLS Area 648 - Pasadena (SE)
Lot Size Square Feet 11256.0
Private Pool N
Waterfront Y/N N
Carport Spaces 6.0
Carport Y/N Y
Number of Units Leased 4
Street Name Roosevelt
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 500.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Walk Score 86
Water Sewer Expense 2000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Total Actual Rent 8265.0
Property Sub Type Additional Quadruplex
Taxes 20000.0
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Exterior
Fencing Block
Parking Features AttachedCarport Asphalt DrivewayLevel Driveway
Lot Features Landscaped Level NearPublicTransit RectangularLot StreetLevel
Water Source Public
Total Parking 7.0
Lot Size Area 11256.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 4350.0
Lot Size Acres 0.2584
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 53
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* Excluded Features
List By
Compass

Broker

(626) 695-8650

Phone

Affordability Calculator

$11,176
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2024$1,600,000 Listed Price

Map


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53 S Roosevelt Avenue N, Pasadena, CA, 91107 is a Multi-Family Home for sale at $1,600,000 with 4,350 sqft and a lot size of 0.2584. 53 S Roosevelt Avenue N has 3 bedrooms, 1.0 baths, and was built in 1978. The property's zip code is 91107 which is in Pasadena, CA