1704 North Sierra Bonita Avenue

Pasadena, CA 91104

$2,350,000
Price
1
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

1704 Sierra Bonita is a turnkey and beautifully upgraded 6 single-story bungalows by the San Gabriel foothill mountain area. Situated in the prestigious San Gabriel Mountain foothill area, and within walking distance to Altadena Country Club and Altadena Golf Course, and just within minutes to eaton canyon area this exclusive property offers superb amenities to tenants. It is in a quiet residential area surrounded by mostly multi-million dollars SFR. Located just several properties away from world...1704 Sierra Bonita is a turnkey and beautifully upgraded 6 single-story bungalows by the San Gabriel foothill mountain area. Situated in the prestigious San Gabriel Mountain foothill area, and within walking distance to Altadena Country Club and Altadena Golf Course, and just within minutes to eaton canyon area this exclusive property offers superb amenities to tenants. It is in a quiet residential area surrounded by mostly multi-million dollars SFR. Located just several properties away from world renown EF International Language Campus (www. EF.com ), and EF Academy, this strategic location provides excellent location for international students, or short rentals. The area commands a fantastic demographic of $170,962 Average Household Income within a-mile-radius. It offers a good unit mix of 6 x 1bed+1bath bungalows with some units that have private yard. Each unit has been completely upgraded inside out with modern and attractive upgrades such as: in-unit laundry machines, new flooring, new kitchen with modern kitchen countertops + cabinets + kitchen appliances, new tiled bathroom, new mini-split HVAC systems. The exterior has been completely upgraded with new paint throughout, new landscaping, new fence + gate, new driveway, and so much more. Each unit is individually metered for electricity and gas, and any house electrical and gas bills are billed back to tenants. Parking is provided by carport parking. This property is being sold together with its adjacent properties # 1710 N Sierra Bonita, and 1728 N Sierra Bonita. If buyer buys this property individually, some of the parking on this property will be allotted for properties located at 1710, 1728 N Sierra Bonita (contact listing broker to clarify).

Property Details for 1704 North Sierra Bonita Avenue

Architectural Style
Ranch
View
Mountain(s)
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 06/06/2024 09:57 AM

Property Details for 1704 North Sierra Bonita Avenue

StatusActive
MLS #AR24112735
Days on Market145
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
CountyLos Angeles County

Building Information for 1704 North Sierra Bonita Avenue

Building/Complex1704 N Sierra Bonita AveFloor-Stories1Residences-Pet Policy-Year Built1940Building Size-

Property Information for 1704 North Sierra Bonita Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $143,160
  • Gross Scheduled Income: $143,160
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $140,297
  • Net Operating Income: $103,445
  • Gross Multiplier: 16.42
  • Cap Rate: 4.4
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $36,852
  • Operating Expense Percent: 26.00%
  • New Taxes Expense: $25,609
  • Insurance Expense: $1,964
  • Maintenance Expense: $2,400
  • Professional Management Expense: $0
  • Trash Expense: $2,971
  • Water Sewer Expense: $2,067
  • Total Expenses: $36,852
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 4614.00
  • CFD/Mello-Roos Fee: $1,064
  • Tax Lot: 0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Suburban, Valley
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater
  • Equipment: Dishwasher, Dryer, Dryer Included, Gas Dryer Hookup, Refrigerator, Washer, Washer Hookup, Washer Included
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Wood
Exterior Features
  • Roof: Asbestos Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 16-20 Units/Acre, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Direction Faces: West
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 6
  • Parking Features: Assigned, Carport, Detached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,988
  • Unit Type Total Rent: $11,930
  • Unit Type Pro Forma: 15000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Number With Disposal: 6
  • Number Wall AC: 6

Property History for 1704 North Sierra Bonita 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 1704 North Sierra Bonita Avenue

Taxable ValueLand$582,624Additions$886,420Total$1,469,044
Tax Record2024$17,165 ($1,430 / month)
Home Facts
Total Finished SqFt2,618 SqFtAbove Grade Finished SqFt2,618 SqFtLot Size11,254 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningPSR1CountyLOS ANGELESAPN5851-003-007

Schools near 1704 North Sierra Bonita 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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1704 North Sierra Bonita Avenue is a multi-family home for sale in Pasadena, CA 91104. This property was listed for sale on June 6, 2024 by Growth Investment Group Pasade, it's currently listed at $2,350,000. It has been on the market for a total of 145 days and was last sold on April 20, 2022. This listing's school district is Pasadena Unified School District. Nearby schools include Daniel Webster, Charles W. Eliot Middle School and Pasadena High School. 1704 North Sierra Bonita Avenue is a 1-bed, 6-bath, multi-family home built in 1940.

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 Growth Investment Group Pasade, Han Chen, DRE #01749321

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.