625-627 South Wabash Avenue
Description
pitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. 16 Units:2 bed/1 bath approximate average 655 SF. Each unit has gas wall heaters and wall A/C. Some kitchens have newer cabinets, granite counters, gas stoves/ovens and vinyl plank flooring, ceramic tile or sheet vinyl. Bathrooms have vinyl plank, ceramic tile...Wabash Gardens is a 16-unit apartment complex on two lots (4 total parcels), with two 8-unit buildings, each 2-story walk-up, with slightly
pitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. 16 Units:2 bed/1 bath approximate average 655 SF. Each unit has gas wall heaters and wall A/C. Some kitchens have newer cabinets, granite counters, gas stoves/ovens and vinyl plank flooring, ceramic tile or sheet vinyl. Bathrooms have vinyl plank, ceramic tile or sheet vinyl flooring, newer vanity cabinets and sliding doors on the tub/shower. Living rooms and bedrooms are carpeted, vinyl plank, oak parquet or ceramic tile. Individually metered for gas & electric. Owner pays for hot water, water/sewer & trash.
- Listed by KEVIN LUTZ • DRE #00925595 • Brokerage DRE #01444805 • Keller Williams Realty/Pasadena • 626-429-0685
Property Details for 625-627 South Wabash Avenue
Property Details for 625-627 South Wabash Avenue
| Status | Active |
|---|---|
| MLS # | WS24198185 |
| Days on Market | 88 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Apartment |
| Year Built | 1959 |
| County | Los Angeles County |
Building Information for 625-627 South Wabash Avenue
Property Information for 625-627 South Wabash Avenue
- Gross Income: $2,880
- Gross Scheduled Income: $379,080
- Vacancy Allowance: 11372
- Vacancy Allowance Rate: 3
- Net Operating Income: $233,462
- Laundry Income: $2,880
- Other Income Description: Laundry
- Gross Multiplier: 12.64
- Cap Rate: 4.87
- Operating Expense: $134,246
- New Taxes Expense: $53,449
- Gardener Expense: $3,600
- Fuel Expense: $4,425
- Electric Expense: $1,226
- Insurance Expense: $6,690
- Maintenance Expense: $26,536
- Professional Management Expense: $14,400
- Other Expense: $5,263
- Other Expense Description: DA's
- Trash Expense: $11,021
- Water Sewer Expense: $4,436
- Total Expenses: $134,246
- Tax Block: 4
- Tax Tract Number: .
- Tax Census Tract: 4011.01
- Tax Lot: 18
- Community Features: Curbs
- Laundry: Yes
- Laundry Features: Common Area, Community
- Laundry Equipment Own Lease: Own
- Cooling: Wall/Window Unit(s)
- Heating Type: Natural Gas, Wall
- Heating: Natural Gas, Wall Furnace
- Flooring: Carpet, Vinyl
- Roof: Composition, Rolled/Hot Mop
- Entry Location: front door
- Foundation Details: Slab
- View Description: None
- Pool Features: None
- Pool Description: None
- Spa Features: None
- Additional Parcels Description: 8644-001-020, 8644-001-040, 8644-001-048
- Lot Features: Level
- Number Of Units: 16
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Uncovered Spaces: 13
- Open Other Spaces Total: 13
- Parking Garage Spaces: 0
- Carport Spaces: 15
- Unit Type Units Total: 2
- 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: $1,875
- Unit Type Total Rent: $3,750
- Unit Type Pro Forma: 4200
- Unit Type Type: 1
- Unit Type Units Total: 12
- 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: $1,967
- Unit Type Total Rent: $23,600
- Unit Type Pro Forma: 25200
- Unit Type Type: 2
- Unit Type Units Total: 2
- 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: $2,000
- Unit Type Total Rent: $4,000
- Unit Type Pro Forma: 4400
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 18
- Number Of Separate Gas Meters: 18
- Number Of Separate Water Meters: 2
Property History for 625-627 South Wabash Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 625-627 South Wabash Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Stanton Elementary School PublicK to 5 | ||
Sandburg Middle School Public6 to 8 | ||
Glendora High School Public9 to 12 | ||
Whitcomb Continuation High 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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Listing Courtesy of Keller Williams Realty/Pasadena, KEVIN LUTZ, DRE #00925595
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.