481 E Maple St

Pasadena, CA 91101

$2,362,000
Last Sold Price
4
Beds
8
Baths
4,464 Sq. Ft.
$529 / Sq. Ft.
4,464
Sq. Ft.
$529
per Sq. Ft.

Description

Pasadena4Plex Quadplex . a brand-new construction designed to offer versatility and modern living in one of Pasadena's most desirable neighborhoods. This property features four distinct units, perfect for a large family, living in one and renting the rest, or for investors seeking a lucrative opportunity. The two larger units boast 2 bedrooms and 2 bathrooms across a spacious 1,434 sq ft of living space. These tri-level homes include a 2-car garage and a rooftop deck, perfect for entertaining or...Pasadena4Plex Quadplex . a brand-new construction designed to offer versatility and modern living in one of Pasadena's most desirable neighborhoods. This property features four distinct units, perfect for a large family, living in one and renting the rest, or for investors seeking a lucrative opportunity. The two larger units boast 2 bedrooms and 2 bathrooms across a spacious 1,434 sq ft of living space. These tri-level homes include a 2-car garage and a rooftop deck, perfect for entertaining or enjoying the beautiful California weather. The interiors are designed with modern finishes, offering an open-concept living area, gourmet kitchen, and ample natural light. The two additional units are cozy 2-bedroom, 2-bathroom homes, each offering 798 sq ft of thoughtfully designed living space. These units are ideal for tenants or extended family, combining comfort and style. The entire property will be equipped with solar panels and air conditioning throughout, ensuring energy efficiency and year-round comfort. Whether you're an investor seeking a strong cap rate, a family looking to occupy the entire property, or a buyer looking to live in one unit and rent out the others, this multi-unit lot offers incredible potential. Its prime location in Pasadena provides easy access to local amenities, dining, and entertainment. Seize this rare opportunity to own a brand-new, multi-unit property in a thriving community!
  1. Listed by David Morales • DRE #01893696 • Brokerage DRE #01329713 • Popular Real Estate • 562-818-3304

Property Details for 481 East Maple Street

View
Canyon, City Lights
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Plans
Living Area
4464
LISTING UPDATED: 12/17/2024 04:13 AM

Property Details for 481 East Maple Street

StatusClosed
MLS #DW24162064
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.19 AC / 8,211 SF
CountyLos Angeles County

Location

Listing Courtesy of Popular Real Estate, David Morales, DRE #01893696

Sold By Pinnacle Real Estate Group, YUE LEI, DRE #01883075

Add your commute

Building Information for 481 East Maple Street

Stories3Residences-Year Built2024Building Size-Lot Size0.19 AC / 8,211 SF

Payment Calculator

$12,375 per month

30 year fixed, 6.845% Interest

Principal and Interest

$12,375

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 481 East Maple Street

Rental Info
Rental Info
  • Tenant Pays: Insurance, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $168,000
  • Net Operating Income: $128,000
  • Gross Multiplier: 14.28
  • Cap Rate: 5.33
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $40,000
  • New Taxes Expense: $30,000
  • Insurance Expense: $6,000
  • Other Expense: $3,000
  • Other Expense Description: Upkeep
  • Trash Expense: $1,000
  • Total Expenses: $40,000
Tax / Assessment Info
  • Tax Area: 7500
  • Tax Tract Number: 42176
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 11
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Biking, Dog Park, Golf, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range
  • Equipment: Dishwasher, In Closet
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Automatic Gate, Smoke Detector(s)
  • Security: Automatic Gate
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Accessory Dwelling Unit
  • View Description: Canyon, City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: South
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Attached Carport, Asphalt
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Carpet: 0
  • Number With Disposal: 4
  • Number With Drapes: 0
  • Number With Patio: 2

Property History for 481 East Maple Street

DateEvent & SourcePriceAppreciation
Oct 18, 2024

Sold

SDMLS #DW24162064

$2,362,000—
Oct 18, 2024

Sold

CRMLS #DW24162064

$2,362,000—
Oct 18, 2024

Sold

CLAW #DW24162064MR

$2,362,000—
Sep 30, 2024

Pending

CRMLS #DW24162064

—
Sep 4, 2024

Pending

CLAW #DW24162064MR

—
Sep 4, 2024

Pending

SDMLS #DW24162064

—
Sep 4, 2024

Accepting Backup Offers

CLAW #DW24162064MR

—
Sep 4, 2024

Accepting Backup Offers

SDMLS #DW24162064

—
Sep 4, 2024

Accepting Backup Offers

CRMLS #DW24162064

—
Aug 12, 2024

Listed (Active)

SDMLS #DW24162064

$2,399,999—
Aug 12, 2024

Listed (Active)

SDMLS #DW24162064

—
Aug 12, 2024

Listed (Active)

CRMLS #DW24162064

$2,399,999—
Aug 12, 2024

Listed (Active)

CLAW #DW24162064MR

$2,399,999—
Jun 13, 2023

Sold

CLAW #23-262523

$538,000—
Jun 13, 2023

Pending

CLAW #23-262523

—
Jun 13, 2023

Sold

CRMLS #23262523

$538,000—
Apr 20, 2023

Listed (Active)

CLAW #23-262523

$600,000—
Apr 20, 2023

Listed (Active)

CRMLS #23262523

$600,000—
DateEvent & SourcePrice
10/18/2024

Sold

SDMLS #DW24162064

$2,362,000
10/18/2024

Sold

CRMLS #DW24162064

$2,362,000
10/18/2024

Sold

CLAW #DW24162064MR

$2,362,000
09/30/2024

Pending

CRMLS #DW24162064

—
09/04/2024

Pending

CLAW #DW24162064MR

—
09/04/2024

Pending

SDMLS #DW24162064

—
09/04/2024

Accepting Backup Offers

CLAW #DW24162064MR

—
09/04/2024

Accepting Backup Offers

SDMLS #DW24162064

—
09/04/2024

Accepting Backup Offers

CRMLS #DW24162064

—
08/12/2024

Listed (Active)

SDMLS #DW24162064

$2,399,999
08/12/2024

Listed (Active)

SDMLS #DW24162064

—
08/12/2024

Listed (Active)

CRMLS #DW24162064

$2,399,999
08/12/2024

Listed (Active)

CLAW #DW24162064MR

$2,399,999
06/13/2023

Sold

CLAW #23-262523

$538,000
06/13/2023

Pending

CLAW #23-262523

—
06/13/2023

Sold

CRMLS #23262523

$538,000
04/20/2023

Listed (Active)

CLAW #23-262523

$600,000
04/20/2023

Listed (Active)

CRMLS #23262523

$600,000

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

Schools near 481 East Maple Street

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 - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Rose City High (Continuation) School
Public9 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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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 Popular Real Estate, David Morales, DRE #01893696

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.