53 South Roosevelt Avenue

Pasadena, CA 91107

$1,600,000
Price
9
Beds
5
Baths
4,350 Sq. Ft.
$368 / Sq. Ft.
4,350
Sq. Ft.
$368
per Sq. Ft.

Description

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....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.

Listing Agent

  1. Luther Tsinoglou

    Luther Tsinoglou

    Listing Agent

    Compass

    DRE #01135433

Property Details for 53 South Roosevelt Avenue

Parking Spaces Total
7
Private Pool
No
Cooling Type
Central Forced Air, Heat Pump(s), Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4350
Assessor Parcel Number
5747-006-049

Location

Listing Courtesy of Compass, Luther Tsinoglou, DRE #01135433
Add your commute
LISTING UPDATED: 04/26/2024 11:15 PM

Property Details for 53 South Roosevelt Avenue

StatusActive
MLS #AR24080400
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.26 AC / 11,256 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Luther Tsinoglou, DRE #01135433
Add your commute

Building Information for 53 South Roosevelt Avenue

Stories2Residences-Year Built1978Building Size-Lot Size0.26 AC / 11,256 SF

Payment Calculator

$10,085 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,353

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 53 South Roosevelt Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Telephone, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $99,500
  • Gross Scheduled Income: $99,500
  • Net Operating Income: $71,550
  • Laundry Income: $750
Expense Details
  • Operating Expense: $27,950
  • New Taxes Expense: $20,000
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Licenses Expense: $250
  • Electric Expense: $500
  • Insurance Expense: $2,500
  • Maintenance Expense: $1,500
  • Trash Expense: $0
  • Water Sewer Expense: $2,000
  • Total Expenses: $27,950
Tax / Assessment Info
  • Tax Tract Number: 36479
  • Tax Census Tract: 4634.00
  • CFD/Mello-Roos Fee: $1,270
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Water Heater, Water Heater
  • Equipment: Laundry Area
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Heat Pump, Wall/Window Unit(s)
  • Heating Type: Central, Forced Air, Heat Pump, Wall
  • Heating: Central, Forced Air, Heat Pump, Wall Furnace
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Roof: Composition
  • Entry Location: ground
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Green Info
  • Walk Score: 86
Land/Lot Info
  • Lot Features: Landscaped, Level with Street, Lot 10000-19999 Sqft, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 0
  • Carport Spaces: 6
  • Parking Features: Attached Carport, Driveway, Asphalt, Driveway Level
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,394
  • Unit Type Total Rent: $2,394
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,742
  • Unit Type Total Rent: $1,742
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,957
  • Unit Type Total Rent: $1,957
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,173
  • Unit Type Total Rent: $2,171
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 4

Property History for 53 South Roosevelt Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 53 South Roosevelt Avenue

Taxable ValueLand$808,623Additions$542,930Total$1,351,553
Tax Record2023$16,241 ($1,353 / month)
Home Facts
Total Finished SqFt4,350 SqFtAbove Grade Finished SqFt4,350 SqFtLot Size11,252 SqFtStyleQuadraplexYear Built1978ZoningPSR3CountyLOS ANGELESAPN5747-006-049

Schools near 53 South Roosevelt Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 7 to 12
Rating
School
Distance
Hamilton Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Learning Works School
Charter7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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53 South Roosevelt Avenue is a multi-family home for sale in Pasadena, CA 91107. This property was listed for sale on April 23, 2024 by Compass, it's currently listed at $1,600,000. It has been on the market for a total of 12 days and was last sold on December 15, 2014. This listing's school district is Pasadena Unified School District. Nearby schools include Hamilton Elementary School, Woodrow Wilson Middle School and Pasadena High School. 53 South Roosevelt Avenue is a 9-bed, 5-bath, 4,350 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Luther Tsinoglou, DRE #01135433

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.