1601 Sinaloa Avenue

Pasadena, CA 91104

$1,220,000
Price
4
Beds
3
Baths
2,256 Sq. Ft.
$541 / Sq. Ft.
2,256
Sq. Ft.
$541
per Sq. Ft.

Description

Move-In Ready Duplex with ADU Potential – Perfect for First-Time Buyers and Investors! This incredible property offers two vacant units at close of escrow, ready for immediate occupancy or rental! With eligibility to add an ADU (Accessory Dwelling Unit) in place of the carport, this is a fantastic investment opportunity. The front unit features a spacious living room with a cozy fireplace, three large bedrooms, a full bathroom, and a 3/4 bathroom. Enjoy the convenience of an updated kitchen with...Move-In Ready Duplex with ADU Potential – Perfect for First-Time Buyers and Investors! This incredible property offers two vacant units at close of escrow, ready for immediate occupancy or rental! With eligibility to add an ADU (Accessory Dwelling Unit) in place of the carport, this is a fantastic investment opportunity. The front unit features a spacious living room with a cozy fireplace, three large bedrooms, a full bathroom, and a 3/4 bathroom. Enjoy the convenience of an updated kitchen with a dining area, and modern upgrades like a newer roof, copper plumbing, and central air and heat. The back unit is perfect for in-laws or rental income, offering a comfortable 1-bedroom setup with its own living room, kitchen, and full bathroom. Separate utility meters make renting easy and hassle-free. Additional highlights include a two-car carport, a large concrete patio, and an unbeatable location just steps from the bus stop, grocery stores (Stater Bros.), Wells Fargo, and Starbucks. This property is a rare find—ideal for first-time home buyers looking to live in one unit and rent the other. Don't miss out on this prime opportunity!
  1. Listed by RICHARD CHOW • DRE #01934980 • Brokerage DRE #00888274 • Gotham Elite Properties • 626-226-3462

Property Details for 1601 Sinaloa Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2256
Assessor Parcel Number
5851-007-019
Property Attached YN
false
LISTING UPDATED: 11/18/2024 12:35 AM

Property Details for 1601 Sinaloa Avenue

StatusActive
MLS #WS24136921
Days on Market125
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.17 AC / 7,254 SF
CountyLos Angeles County

Building Information for 1601 Sinaloa Avenue

Stories1Residences-Year Built1946Building Size-Lot Size0.17 AC / 7,254 SF

Property Information for 1601 Sinaloa Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $57,600
  • Gross Scheduled Income: $57,600
  • Net Operating Income: $50,600
Expense Details
  • Operating Expense: $7,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,300
  • Trash Expense: $600
  • Water Sewer Expense: $1,400
  • Total Expenses: $7,000
Tax / Assessment Info
  • Tax Tract Number: 5704
  • Tax Census Tract: 4613.00
  • CFD/Mello-Roos Fee: $938
  • Tax Lot: 85
Community / Development
Community / Development
  • Community Features: Biking, Dog Park, Golf, Hiking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Sinaloa Ave.
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: South
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1601 Sinaloa 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 1601 Sinaloa Avenue

Taxable ValueLand$517,135Additions$345,682Total$862,817
Tax Record2024$10,639 ($887 / month)
Home Facts
Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt2,256 SqFtLot Size7,252 SqFtStyleDuplexYear Built1946ZoningLCR17500*CountyLOS ANGELESAPN5851-007-019

Schools near 1601 Sinaloa 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
Public - 6 to 12
Rating
School
Distance
Daniel Webster
PublicK to 5

Charles W. Eliot Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Marshall Fundamental School
Public6 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.

Similar Homes

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1601 Sinaloa Avenue is a multi-family home for sale in Pasadena, CA 91104. This property was listed for sale on July 17, 2024 by Gotham Elite Properties, it's currently listed at $1,220,000. It has been on the market for a total of 125 days and was last sold on March 31, 2004. This listing's school district is Pasadena Unified School District. Nearby schools include Daniel Webster, Charles W. Eliot Middle School and Pasadena High School. 1601 Sinaloa Avenue is a 4-bed, 3-bath, 2,256 sqft multi-family home built in 1946.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gotham Elite Properties, RICHARD CHOW, DRE #01934980

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.