768 East Sacramento Street

Altadena, CA 91001

$1,350,000
Price
7
Beds
4
Baths
2,924 Sq. Ft.
$462 / Sq. Ft.
2,924
Sq. Ft.
$462
per Sq. Ft.

Description

4 Units Apartment Complex situated in a quite Altadena Neighborhood. Three - 2 Bed/1 Bath Units and One - 1 Bed/ 1 Bath Unit (2 of Units are free standing single story houses). 2,924 sf. living square feet and a large 11,735 square-foot lot size. Each unit has it’s own electric meter, gas meter, water heater and laundry hook-ups. A Detached 2 Car Garage in the back of lot. There is ample amount of parking on-site, and plenty of potential to add ADU and Junior ADU on existing lot (buyer to verify)....4 Units Apartment Complex situated in a quite Altadena Neighborhood. Three - 2 Bed/1 Bath Units and One - 1 Bed/ 1 Bath Unit (2 of Units are free standing single story houses). 2,924 sf. living square feet and a large 11,735 square-foot lot size. Each unit has it’s own electric meter, gas meter, water heater and laundry hook-ups. A Detached 2 Car Garage in the back of lot. There is ample amount of parking on-site, and plenty of potential to add ADU and Junior ADU on existing lot (buyer to verify). Each unit has it's own car garage. Low maintenance and easy management. Located within close proximity to Old Town Pasadena, 210 freeway, CalTech, JPL, and walking distance to the park, coffee shops, and restaurants. Don't miss this opportunity!
  1. Listed by Kevin Lee • DRE #01720786 • Brokerage DRE #01218499 • Berkshire Hathaway HomeServices California Properties • 626-975-2521

Property Details for 768 East Sacramento Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2924
Assessor Parcel Number
5845-031-009
Property Attached YN
true
LISTING UPDATED: 09/18/2024 09:31 AM

Property Details for 768 East Sacramento Street

StatusActive
MLS #TR24186729
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.27 AC / 11,739 SF
CountyLos Angeles County

Building Information for 768 East Sacramento Street

Stories2Residences-Year Built1950Building Size-Lot Size0.27 AC / 11,739 SF

Property Information for 768 East Sacramento Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $70,321
  • Gross Scheduled Income: $70,321
  • Gross Operating Income: $70,321
  • Net Operating Income: $47,273
  • Gross Multiplier: 19.2
  • Cap Rate: 3.51
Expense Details
  • Operating Expense: $23,048
  • New Taxes Expense: $16,875
  • Insurance Expense: $3,030
  • Trash Expense: $3,143
  • Water Sewer Expense: $0
  • Total Expenses: $23,048
Tax / Assessment Info
  • Tax Tract Number: 629
  • Tax Census Tract: 4611.00
  • CFD/Mello-Roos Fee: $1,593
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,419
  • Unit Type Total Rent: $1,419
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,232
  • Unit Type Total Rent: $1,232
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • 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: No
  • Unit Type Actual Rent: $1,446
  • Unit Type Total Rent: $1,446
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,763
  • Unit Type Total Rent: $1,763
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 768 East Sacramento 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 768 East Sacramento Street

Taxable ValueLand$777,240Additions$418,710Total$1,195,950
Tax Record2024$15,052 ($1,254 / month)
Home Facts
Total Finished SqFt2,924 SqFtAbove Grade Finished SqFt2,924 SqFtLot Size11,736 SqFtStyleQuadraplexYear Built1950ZoningLCR2YYCountyLOS ANGELESAPN5845-031-009

Schools near 768 East Sacramento 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 5
Rating
School
Distance
Altadena Elementary School
PublicK to 5

Charles W. Eliot Middle School
Public6 to 8

John Muir High School
Public9 to 12

Aveson School Of Leaders
CharterK to 5

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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768 East Sacramento Street is a multi-family home for sale in Altadena, CA 91001. This property was listed for sale on September 6, 2024 by Berkshire Hathaway HomeServices California Properties, it's currently listed at $1,350,000. It has been on the market for a total of 56 days and was last sold on December 13, 2022. This listing's school district is Pasadena Unified School District. Nearby schools include Altadena Elementary School, Charles W. Eliot Middle School and John Muir High School. 768 East Sacramento Street is a 7-bed, 4-bath, 2,924 sqft multi-family home built in 1950.

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 Berkshire Hathaway HomeServices California Properties, Kevin Lee, DRE #01720786

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.