490 Palisade Street

Pasadena, CA 91103

$950,000
Last Sold Price
5
Beds
2
Baths
1,877 Sq. Ft.
$506 / Sq. Ft.
1,877
Sq. Ft.
$506
per Sq. Ft.

Description

Opportunity is knocking! This is a smart investment for investors and first time buyers. Two residential units on a large lot, excellent for multiple family living. The front house is the original unit. It features nearly 800 square feet with two bedrooms, one bathroom and a large laundry room. The front unit also has a solar panel on the roof. The rear unit features nearly 1100 square feet, excluding the converted 2 car garage. The rear unit has 3 bedrooms, 1.5 bathroom. And as mentioned an attached...Opportunity is knocking! This is a smart investment for investors and first time buyers. Two residential units on a large lot, excellent for multiple family living. The front house is the original unit. It features nearly 800 square feet with two bedrooms, one bathroom and a large laundry room. The front unit also has a solar panel on the roof. The rear unit features nearly 1100 square feet, excluding the converted 2 car garage. The rear unit has 3 bedrooms, 1.5 bathroom. And as mentioned an attached 2 car garage which has been converted into a den.

Property Details for 490 Palisade Street

Architectural Style
Bungalow, Contemporary
Parking Spaces Total
5
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1877
LISTING UPDATED: 10/28/2024 06:44 AM

Property Details for 490 Palisade Street

StatusClosed
MLS #DW24132715
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1959
Lot Size0.20 AC / 8,526 SF
CountyLos Angeles County

Building Information for 490 Palisade Street

Stories1Residences-Year Built1959Building Size-Lot Size0.20 AC / 8,526 SF

Property Information for 490 Palisade Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $66,000
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $60,000
  • Garage Income: $0
  • Financing: Other
Expense Details
  • Operating Expense: $6,000
  • Fuel Expense: $500
  • Electric Expense: $500
  • Insurance Expense: $1,200
  • Trash Expense: $250
  • Water Sewer Expense: $250
  • Total Expenses: $3,200
Tax / Assessment Info
  • Tax Tract Number: 172
  • Tax Census Tract: 4609.00
  • Tax Lot: 172
Community / Development
Community / Development
  • Community Features: Mountainous, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Bathroom
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Natural Gas
  • Heating: Natural Gas
  • Flooring: Laminate
Exterior Features
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Roof: Composition
  • Entry Location: 1
  • Other Structures: Two On A Lot
  • Property Condition: Fixer
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Lot 6500-9999, Patio Home, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Range: 1

Property History for 490 Palisade Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 490 Palisade Street

Taxable ValueLand$11,742Additions$50,201Total$61,943
Tax Record2024$1,285 ($107 / month)
Home Facts
Total Finished SqFt1,877 SqFtAbove Grade Finished SqFt1,877 SqFtLot Size8,523 SqFtStyleDuplexYear Built1959ZoningPSR6CountyLOS ANGELESAPN5727-010-025

Schools near 490 Palisade 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
Charter - K to 8
Rating
School
Distance
Cleveland Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Win Win REALTORS Inc, Darral Williams, DRE #01137795

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.